# 777 SECURITIES X-17A-5 (2026-03-31) — Broker-dealer annual report - Company: 777 SECURITIES - Form: X-17A-5 - Filed: 2026-03-31 - Period: 2025-12-31 - Accession: 0001703423-26-000004 - CIK: 1703423 - File #: 8-69935 - Type: Broker-dealer - Material weakness: No - Auditor: Rubio CPA, PC - Auditor location: Atlanta, GA - Contact: Jon Nixon - Phone: 917-703-1704 - Email: jnixon@goldcrestcpa.com - Website: goldcrestcpa.com - Signed by: Daniel Hebert (CEO) Original filing: https://www.sec.gov/Archives/edgar/data/1703423/000170342326000004/777securities869935.pdf --- {0}------------------------------------------------ | 8-69935 | | |---------|--| | 01/01/25
12/31/25 | | | | | |---------------------------------------|-------------------|------|-------------------------|--| | | | | | | | | | | | | | 777
Securities | | | | | | ■ | | | | | | | | | | | | 1
Gracie
Square | | | | | | | | | | | | New
York | NY | | 10028 | | | | | | | | | | | | | | | Jon
Nixon | (515)
490-8400 | | jnixon@goldcrestcpa.com | | | | | | | | | | | | | | | RUBIO
CPA,
PC | | | | | | | | | | | | 3500
Lenox
Road
NE,
Suite | Atlanta
1500 | GA | 30326 | | | | | | | | | 05/05/09 | | 3514 | | | | | | | | | | | | | | | {1}------------------------------------------------ | Daniel Hebert | | |----------------|--| | 777 Securities | | December 31 025 03.30.2026 - - - - - - - - - - - - - - - - - - - - - - - - - - - {2}------------------------------------------------ 777 SECURITIES INTERNATIONAL, LLC d/b/a 777 SECURITIES (f/k/a Vision One Partners, LLC) FINANCIAL STATEMENTS WITH REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDED DECEMBER 31, 2025 {3}------------------------------------------------ #### 777 SECURITIES INTERNATIONAL, LLC d/b/a 777 SECURITIES (f/k/a Vision One Partners, LLC) #### TABLE OF CONTENTS Report of Independent Registered Public Accounting Firm FINANCIAL STATEMENTS Statement of Financial Condition Statement of Operations Statement of Changes in Member's Equity Statement of Cash Flows Notes to Financial Statements #### SUPPLEMENTARY INFORMATION TO FINANCIAL STATEMENTS | Schedule I - | Computation of Net Capital Pursuant to Rule 15c3-1 | |----------------|----------------------------------------------------------------| | Schedule II - | Computation for Determination of Reserve Requirements | | | under SEC Rule 15c3-3 | | Schedule III - | Information Relating to the Possession or Control Requirements | | | under SEC Rule 15c3-3 | Report of Independent Registered Public Accounting Firm on the Company's Exemption Report Exemption Report {4}------------------------------------------------ # RUBIO СРА, РС CERTIFIED PUBLIC ACCOUNTANTS 3500 Lenox Road NE Suite 1500 Atlanta, GA 30326 770-690-8995 ### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Member of 777 Securities International, LLC d/b/a 777 Securities (f/k/a Vision One Partners, LLC) Opinion on the Financial Statements We have audited the accompanying statement of financial condition of 777 Securities International, LLC d/b/a 777 Securities (f/k/a Vision One Partners, LLC) (the "Company") as of December 31, 2025, the related statements of operations, changes in member's equity, and cash flows for the year then ended and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2025, and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. #### Basis for Opinion These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PСАОВ. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion. Our audit included performing procedures to assess the risks of material misstatement to the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion. #### Supplemental Information The information contained in Schedules I, II, and III has been subjected to audit procedures performed in conjunction with the audit of the Company's financial statements. The supplemental information is the responsibility of the Company's management. Our audit procedures included determining whether the information in Schedules I, II, and III reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the accompanying schedules. In forming our opinion on the {5}------------------------------------------------ accompanying schedules, we evaluated whether the supplemental information, including its form and content, is presented in conformity with 17 C.F.R. \$240.17a-5. In our opinion, the aforementioned supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole. We have served as the Company's auditor since 2019. March 31, 2026 Atlanta, Georgia Rubis CPA PC Rubio CPА, РC {6}------------------------------------------------ #### **777 SECURITIES INTERNATIONAL, LLC d/b/a 777 SECURITIES (f/k/a Vision One Partners, LLC) STATEMENT OF FINANCIAL CONDITION AS OF DECEMBER 31, 2025** #### ASSETS | Cash
Due from Member | \$
15,990
1,851 | |---------------------------------------------------------------------------------------------------|-----------------------| | Prepaid Expenses and other
Accounts Receivable, net of allowance for credit losses of \$80,602 | 3,189
- | | Total Assets | \$
21,030 | | LIABILITIES AND MEMBER'S EQUITY | | | Liabilities
Accounts Payable and Accrued Expenses
Total Liabilities | \$
8,800
8,800 | | Member's Equity | 12,230 | | Total Liabilities and Member's Equity | \$
21,030 | {7}------------------------------------------------ #### **777 SECURITIES INTERNATIONAL, LLC d/b/a 777 SECURITIES (f/k/a Vision One Partners, LLC) STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 2025** | Revenues | | |-------------------------------|----------------| | Interest | \$
2 | | Total Revenues | 2 | | Expenses | | | Professional Fees | 22,418 | | Technology and Communications | 2,428 | | Other | 2,829 | | Total Expenses | 27,675 | | Net Loss | \$
(27,673) | | | | {8}------------------------------------------------ #### **777 SECURITIES INTERNATIONAL, LLC d/b/a 777 SECURITIES (f/k/a Vision One Partners, LLC) STATEMENT OF CHANGES IN MEMBER'S EQUITY FOR THE YEAR ENDED DECEMBER 31, 2025** | Balance - January 1, 2025 | \$
35,285 | |-----------------------------|--------------| | Net Loss | (27,673) | | Contribution | 4,618 | | Balance - December 31, 2025 | \$
12,230 | {9}------------------------------------------------ #### **777 SECURITIES INTERNATIONAL, LLC d/b/a 777 SECURITIES (f/k/a Vision One Partners, LLC) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2025** | Cash Flows From Operating Activities | | | |-------------------------------------------------------|---------|----------------| | Net Loss | | \$
(27,673) | | Adjustments to Reconcile Net Loss to Net Cash Used By | | | | Operating Activities: | | | | Decrease in Due from Member | 24,077 | | | Increase in Prepaid Expenses and other | (1,173) | | | Increase in Accounts Payable and Accrued Expenses | 2,400 | | | Total adjustments | | 25,304 | | Net Cash Used By Operating Activities | | (2,369) | | Cash Flows From Financing Activities | | | | Contribution | 4,618 | | | Net Cash Provided By Financing Activities | | 4,618 | | Net Increase in Cash | | 2,249 | | Cash - Beginning of Year | | 13,741 | | Cash - End of Year | | \$
15,990 | | | | | | Supplemental Information: | | | | Non-cash Financing Activity | | | | Contribution of expense paid by Member | | \$
4,618 | | | | | {10}------------------------------------------------ ### **777 SECURITIES INTERNATIONAL, LLC d/b/a 777 SECURITIES (f/k/a Vision One Partners, LLC) NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2025** #### **Note (1) - Nature of business:** 777 Securities International, LLC d/b/a 777 Securities (the "Company"), a New York limited liability company, is a registered broker-dealer under the Securities and Exchange Commission ("SEC") and is a member of the Financial Industry Regulatory Authority ("FINRA") and the Securities Investor Protection Corp. ("SIPC"). As a limited liability company, the member's liability is limited to his investment. The Company's primary business includes providing merger and acquisition advisory services and private placement of securities. #### **Note (2) - Summary of significant accounting policies:** #### *(A) Cash:* The Company maintains its bank account in a high credit quality financial institution. The balance at times may exceed federally insured limits. #### *(B) Use of estimates:* The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses during the year. Actual results could vary from the estimates that were assumed in preparing the financial statements. #### *(C) Income taxes:* The Company is a single member limited liability company, and as such, is treated as a disregarded entity pursuant to the Internal Revenue Code ("IRC") as established by the Internal Revenue Service ("IRS"). The IRC provides that any income or loss of a disregarded entity is passed through to the ultimate beneficial member for federal and state income tax purposes. Accordingly, the Company has not provided for federal and state income taxes in the accompanying financial statements. Pursuant to the provisions of FASB Accounting Standards Codification 740-10, Accounting for Uncertainty in Income Taxes, the Company is required to evaluate each of its tax positions to determine if they are more likely than not to be sustained if the taxing authority examines the respective position. A tax position includes an entity's status, including its status as a disregarded entity, and the decision not to file a tax return. The Company has evaluated each of its tax positions and has determined that no provision or liability for income taxes is necessary. #### *(D) Revenue Recognition:* Revenue from contracts with customers includes investment banking revenue from placement and advisory services related to capital raising activities and mergers and acquisitions transactions. The recognition and measurement of revenue is based on the assessment of individual contract terms. The agreements often contain nonrefundable retainer fees and/or success fees, which may be fixed or represent a percentage of the value that the customer receives, if and when the transaction is completed ("success fees"). {11}------------------------------------------------ ### **777 SECURITIES INTERNATIONAL, LLC d/b/a 777 SECURITIES (f/k/a Vision One Partners, LLC) NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2025** #### **Note (2) Summary of significant accounting policies – continued:** #### *(D) Revenue Recognition - continued:* Significant judgment is required to determine whether performance obligations are satisfied at a point in time or over time; how to allocate transaction prices where multiple performance obligations are identified; when to recognize revenue based on appropriate measure of the Company's progress under the contract; whether revenue should be presented gross or net of certain costs; and whether constraints on variable consideration should be applied due to uncertain future events. In some circumstances, significant judgment is needed to determine the timing and measure of progress appropriate for revenue recognition under a specific contract. If a promised good or service is not distinct, the Company combines that good or service with other promised goods or services until it identifies a bundle of goods or services that is distinct. In some cases, this would result in the Company accounting for all the services promised in a contract as a single performance obligation and, if unfulfilled, amounts received from such contracts would be reflected as deferred revenues on the accompanying Statement of Financial Condition. The Company recognizes success fee revenues from placement and advisory services related to capital raising activities and merger and acquisition transactions upon completion of a success fee-based transaction. The Company recognizes certain retainer revenue from contracts with customers at the point in time in which specified deliverables are transferred to the Company's customers. #### *(E) Accounts Receivable and Allowance for Credit Losses* Accounts receivable are non-interest-bearing uncollateralized obligations receivable in accordance with the terms agreed upon with each customer. The Company regularly reviews its accounts receivable for any uncollectible amounts. The review for uncollectible amounts is based on an analysis of the Company's collection experience, customer credit worthiness, and current economic trends. Based on the Company's review, an allowance for credit losses of \$80,602 is considered necessary. #### *(F) Subsequent events evaluation:* Management has evaluated subsequent events through the date the financial statements were issued. #### **Note (3) - Net Capital Requirements:** As a registered broker-dealer, the Company is subject to the SEC's Uniform Net Capital Rule 15c3-1 (the "Rule"). The Rule requires that the Company maintain minimum net capital, equal to the greater of \$5,000 or 6 2/3% of aggregate indebtedness and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. At December 31, 2025, the Company had net capital of \$7,190, which was \$2,190 above its required minimum net capital of \$5,000. The Company had a ratio of aggregate indebtedness to net capital of 1.22 to 1.00 at December 31, 2025. {12}------------------------------------------------ ### **777 SECURITIES INTERNATIONAL, LLC d/b/a 777 SECURITIES (f/k/a Vision One Partners, LLC) NOTES TO FINANCIAL STATEMENTS DECEMBER 31, 2025** #### **Note (4) – Related Party Transactions:** The Company operates from office premises owned and provided by its member at no cost to the Company. The Company has informally extended loans to its member that are non-interest bearing and have no maturity date. The balance due from member as of December 31, 2025, in the amount of \$1,851 arises from these informal loans. The member at times pays operating expenses on behalf of the Company for which it subsequently seeks reimbursement or forgives the amount to which it is entitled to be reimbursed which is recorded as a capital contribution by the Company. There was no balance due to the member as of December 31, 2025 as a result of the member's payment of such expenses. Financial position and results of operations could differ from the amounts in the accompanying financial statements if these related party transactions did not exist. #### **Note (5) – Contingencies:** The Company is subject to litigation in the normal course of business. The Company has no litigation in progress as of December 31, 2025. #### **Note (6) – Segment Reporting:** The Company is engaged in a single line of business as a securities broker-dealer, which is comprised of several classes of services, including merger and acquisition advisory services and private placement of securities. The Company has identified its Chief Executive Officer as the chief operating decision maker ("CODM"), who uses net income or loss to evaluate the results of the business, predominantly in the forecasting process, to manage the Company. Additionally, the CODM uses net capital (see Note 3), which is not a measure of profit and loss, to make operational decisions while maintaining capital adequacy, such as whether to reinvest profits or pay distributions. The Company's operations constitutes a single operating segment and therefore, a single reportable segment, because the CODM manages the business activities using information of the Company as a whole. The accounting policies used to measure the profit and loss of the segment are the same as those described in the summary of significant accounting policies. #### **Note (7) - Net Loss:** The Company incurred a loss for 2025. The Company's member has represented that he has the means and intention to provide capital contributions as needed to ensure the Company's survival through at least one year subsequent to the date of the report of the independent registered public accounting firm. Management expects the Company to continue as a going concern and the accompanying financial statements have been prepared on a going-concern basis without adjustments for realization in the event that the Company ceases to continue as a going concern. {13}------------------------------------------------ SUPPLEMENTARY INFORMATION TO FINANCIAL STATEMENTS {14}------------------------------------------------ #### **777 SECURITIES INTERNATIONAL, LLC d/b/a 777 SECURITIES (f/k/a Vision One Partners, LLC) COMPUTATION OF NET CAPITAL PURSUANT TO RULE 15c3-1 AS OF DECEMBER 31, 2025 OF THE SECURITIES AND EXCHANGE COMMISSION ACT OF 1934** #### **SCHEDULE I** | Member's Equity | | \$
12,230 | |-------------------------------------------------------------------------------------------------------------------------------|-------|--------------| | Non-allowable Assets and Other Deductions: | | | | Due from Member | 1,851 | | | Prepaid Expenses and other
Total Non-Allowable Assets and Other Deductions | 3,189 | 5,040 | | Net Capital | | 7,190 | | Minimum Net Capital Requirement - the greater of \$5,000
or 6 2/3% of aggregate indebtedness | | 5,000 | | Excess Net Capital | | \$
2,190 | | Total Aggregate Indebtedness | | \$
8,800 | | Percentage of Aggregate Indebtedness to Net Capital | | 122.39% | | Reconciliation with the Company's Computation of net capital included
in Part IIA of Form X-17A-5 as of December 31, 2025: | | | | There is no significant difference between net capital in Part IIA of | | | Form X-17A-5 and the net capital computation above. {15}------------------------------------------------ #### **777 SECURITIES INTERNATIONAL, LLC d/b/a 777 SECURITIES (f/k/a Vision One Partners, LLC) SCHEDULE II COMPUTATION FOR DETERMINATION OF RESERVE REQUIREMENTS UNDER RULE 15c3-3 OF THE SECURITIES AND EXCHANGE COMMISSION** #### **As of December 31, 2025** The Company does not claim exemption from Rule 15c3-3 in reliance upon Footnote 74 of the 2013 Release. The Company does not hold customer funds or securities. {16}------------------------------------------------ #### **777 SECURITIES INTERNATIONAL, LLC d/b/a 777 SECURITIES (f/k/a Vision One Partners, LLC) INFORMATION RELATING TO THE POSSESSION OR CONTROL REQUIREMENTS UNDER RULE 15c3-3 OF THE SECURITIES AND EXCHANGE COMMISSION SCHEDULE III** #### **As of December 31, 2025** The Company does not claim exemption from Rule 15c3-3 in reliance upon Footnote 74 of the 2013 Release. The Company does not hold customer funds or securities. {17}------------------------------------------------ RUBIO СРА, РС CERTIFIED PUBLIC ACCOUNTANTS 3500 Lenox Road NE Suite 1500 Atlanta, GA 30326 770-690-8995 #### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Member of 777 Securities International, LLC d/b/a 777 Securities (f/k/a Vision One Partners, LLC) We have reviewed management's statements included in the accompanying Broker Dealers Annual Exemption Report in which (1) 777 Securities International, LLC d/b/a 777 Securities (f/k/a Vision One Partners, LLC) (the "Company") did not claim an exemption from Rule 15c3-3 in reliance upon Footnote 74 of the 2013 Release, (2) the Company stated that it conducted business activities involving placement and advisory services to customers consisting of capital raising activity throughout the year ended December 31, 2025, without exception, and (3) the Company stated that the Company met the identified conditions for such reliance throughout the most recent fiscal year without exception. The Company's management is responsible for compliance with the exemption provisions and its statements. Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquiries and other required procedures to obtain evidence about the Company's compliance with the exemption provisions. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's statements. Accordingly, we do not express such an opinion. Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated, in all material respects, based on the provisions set forth in Footnote 74 of the 2013 Release. March 31, 2026 Atlanta, GA Rubo CPA A Rubio CPА, PC {18}------------------------------------------------ ## **777 SECURITIES INTERNATIONAL, LLC d/b/a 777 SECURITIES** *(f/k/a VISION ONE PARTNERS, LLC)* ## **1 Gracie Square New York, NY 10028** #### **EXEMPTION REPORT** We, as members of management of 777 Securities International, LLC d/b/a 777 Securities (f/k/a Vision One Partners, LLC) (the "Company"), are responsible for complying with Rule 17a-5, "Reports to be made by certain brokers and dealers". We have performed an evaluation of the Company's compliance with the requirements of Rule 17a-5 and the exemption provisions in Rule 15c3-3(k) (the "exemption provisions") and of the 2013 Release adopting amendments to Rule 17a-5, including Footnote 74 of the 2013 Release. We have determined that the Company does not meet any of the exemption conditions of paragraph (k) of Rule 15c3-3 (i.e., paragraph (k)(1), (k)(2)(i) or (k)(2)(ii)) but also (1) does not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Exchange Act Rule 15c2-4 ("Rule 15c2-4"); (2) does not carry accounts of or for customers; and (3) does not carry PAB accounts (as defined in Rule 15c3-3) and therefore is covered by Footnote 74 of the 2013 Release. Accordingly, based on our evaluation we make the following statements to the best knowledge and belief of the Company: 1. We reviewed the provisions of Rule §15c3-3 and related guidance stated in the SEC Staff's FAQ and confirmed that the Company relied on Footnote 74 of the 2013 Release. 2. The Company conducted business activities involving placement and advisory services to customers consisting of capital raising activity throughout the year ended December 31, 2025, without exception. 3. The Company met the identified conditions for such reliance throughout the period January 1, 2025, to December 31, 2025, without exception. \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ Daniel B. Hebert CEO March 30, 2026 Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.