# ASTRIS SECURITIES, LLC X-17A-5 (2026-02-26) — Broker-dealer annual report - Company: ASTRIS SECURITIES, LLC - Form: X-17A-5 - Filed: 2026-02-26 - Period: 2025-12-31 - Accession: 0001769382-26-000001 - CIK: 1769382 - File #: 8-70306 - Type: Broker-dealer - Material weakness: No - Auditor: RW Group, LLC - Auditor location: Landenberg, PA - Contact: Jean-Marie BOUDET - Phone: 0033640522254 - Email: jean-marie.boudet@astrissecurities.com - Website: astrissecurities.com - Signed by: Tobey COLLINS (CEO) Original filing: https://www.sec.gov/Archives/edgar/data/1769382/000176938226000001/Astris_Securities_FY25_final.pdf --- {0}------------------------------------------------ # (A Wholly-Owned Subsidiary of Astris Finance, LLC) # Financial Statements (with supplementary information) and Report of Independent Registered Public Accounting Firm December 31, 2025 {1}------------------------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, O.C. 20549 **ANNUAL REPORTS FORM X-17A-5 PARJiff** FACING PAGE OMS.APPROVAL 0MB Number. 3235-0123 E~pires, Nov . .30, 2026 Estimated average burden hours per response: 12 SEC FILE NUMBER Information Required Pursuant to Rules 17a-S, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 FILING FOR THE PERIOD BEGINNING **O 1/01/2025** MM/DD/Yv AND ENDING **12/31/2025** MM/DD/VY **A. REGISTRANT IDENTIFICATION** NAME oF FIRM : Astris Securities, LLC TYPE OF REGISTRANT {check all applicable boxes): ~ Broker-dealer D Security-based swap dealer D Major security-based swap participant 0 Check here 1f respondent ls also an OTC derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: {Do not use a P.O. box no.) 1627 Eye Street NW, STE 1210 (No. and Street) Washington DC 20006 (City) (State) (Zip Code) PERSON TO CONTACT WITH REGARD TO THIS FILING Jean-Marie Boudet 202-459-9217 jean-marie.boudet@astrissecurities.com (Name) (Area Code-Telephone Number) (Email Address) **B. ACCOUNTANT IDENTIFICATION** INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing\* RW Group, LLC (Name - if individual, state last, first, and middle name) P.O. Box 114 Landen berg PA 19350-0114 (Address) (City) (State) (Zip Code) 02/23/2010 5020 Tie **of Reglstratioo w;th PCAOB)f;t ,,,,cable) FOR OFFICIAL USE ONLY** fPCA OB Re,;stradoa Nombec, ;r applkablel I Claims for exemption from the requirement that the annual reports be covered by the rel)orts of an independent public accoanta11t mus be supported by a statement of facts and circumstances relied on as the basis- of the exemption. Seel] CFR 240.17a-S(e)(l)(ii). if applicable. Persons who are to respond to the collection of information contained In this form are not requ red to respond unless the form displays a currently valid 0MB control number. {2}------------------------------------------------ #### OATH OR AFFIRMATION | I, T~
S. Coffins | swear (or affirm) that, to the best of my knowledge and belief, the | |--------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------| | financial report pertaining to the firm of Altrll Securtli118, LLC | as of | | 2~
December 31 | is true and comtct. I further swear (or affirm) that neither the company nor any | | | partner, officer, director, or aquivalent person, as the case may be, has any proprieM1ntarut in any account classified solely | | as that of a customer. | _;' | | | i
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Sitnatu1, | Titla: . .-' Chief **EXII~ Officer** #### **This filin1.,. contains (ch11ek all applicable boxes):** - ii (a) Statement of financial condition. - □ (b) Notes to consolidated statement of financial condition. - Iii (c) Statement of income (loss) or, tt there is other comprehensive income in the period(s) presented, a statement of comprehensive income (as defined in § 210.1-02 of Regulation S-X). - Iii (d) Statement of cash flows. - ii (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - □ (f) Statement of changes in liabilities subordinated to claims of creditors. - Iii Isl Notes to consolidated financial statements. - Iii (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable. - □ (I) Computation of tangible net worth under 17 CFR 240.lBa-2. - Iii 0) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - □ (kl Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or **Exhibit** A to 17 CFR **240.18a-4, as** applicable. - □ (I) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3. - ii (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - D (n) Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3(p)(2) or 17 CFR 240.18a-4, as applicable. - **M** (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-1. or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.1Sc3-3 or 17 CFR 240.18a-4, as appltcable, H material differences exist, or a statement that no material differences exist. - □ (p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - Iii (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable. - D Ir) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - ii (s) Exemption report in accordance with 17 CFR 240.17a..S or 17 CFR 240.18a-7, as applicable. - □ It) Independent public accountant's report based on an examination of the statement of financial condition. - ii (u) Independent public accountant's report based on an examination of the financial report or financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. - □ M Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-S or 17 CFR 240.18a-7, as applicable. - ii (w) Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - D (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-le or 17 CFR 240.17a-12, as apJ>'icable. - D (y) Report describing any material inadequacies found to exist or found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-1Z(k). □ lz)other: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_ - - ••ro request confidential treatment of certain portions of this fiNng, see 17 CFR 240.17o-5{e)(3) or 17 CFR 240.18a-7(d}{1.J, as applicable. {3}------------------------------------------------ ## **(A Wholly-Owned Subsidiary of Astris Finance, LLC)** #### Index | Facing page | | |---------------------------------------------------------------------------------------------|------| | | Page | | Report of Independent Registered Public Accounting Firm | 2 | | | | | Financial Statements | | | Statement of Financial Condition | 4 | | Statement of Operations | 5 | | Statement of Changes in Member's Equity | 6 | | Statement of Cash Flows | 7 | | Notes to Financial Statements | 8 | | | | | Supplementary Information: | | | Computation of Net Capital Under Rule 15c3-1 of the Securities and Exchange
I - | | | Commission as of December 31, 2025 | 12 | | Computation for Determination of Reserve Requirements Under Rule 15c-3-3 ofthe
II - | | | Securities and Exchange Commission December 31, 2025 | 13 | | Information Relating to Possession or Control Requirements Under Rule 15c3-3 ofthe
Ill - | | | Securities and Exchange Commission December 31, 2025 | 14 | {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) ## **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** To the Member of Astris Securities, LLC ## **Opinion on the Financial Statements** We have audited the accompanying statement of financial condition of Astris Securities, LLC, as of December 31, 2025, and the related statements of operations, changes in member's equity, and cash flows for the year ended December 31, 2025 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 Astris Securities, LLC as of December 31, 2025, and the results of its operations and its cash flows for the year ended December 31, 2025 in conformity with accounting principles generally accepted in the United States of America. ## **Basis for Opinion** These financial statements are the responsibility of Astris Securities, LLC's management. Our responsibility is to express an opinion on Astris Securities, LLC'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 Astris Securities, LLC in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. 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. Our audit included performing procedures to assess the risks of material misstatement of 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 computation of net capital under Rule 15c3-1 of the Securities and Exchange Commission computation for determination of Reserve Requirements under Rule 15c3-3 of the Security and Exchange Commission and the information relating to possession and control requirements under Tule 15c3-3 of the Security and Exchange Commission has been subjected to audit procedures performed in conjunction with the audit of Astris Securities, LLC's financial statements. The supplemental information is the responsibility of Astris Securities, LLC's management. Our audit procedures included determining whether the supplemental information 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 supplemental information. In forming our opinion on the supplemental {5}------------------------------------------------ ![](_page_5_Picture_0.jpeg) information, 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 computation of net capital pursuant to Rule 15c3-1 of the Securities and Exchange Commission determination of Reserve Requirements under Rule 15c3-3 of the Security and Exchange Commission and the information relating to possession and control requirements under Tule 15c3-3 of the Security and Exchange Commission are fairly stated, in all material respects, in relation to the financial statements as a whole. We have served as Astris Securities, LLC's auditor since 2024. Landenberg, Pennsylvania February 26, 2026 {6}------------------------------------------------ #### **(A Wholly-Owned Subsidiary of Astris Finance, LLC)** # **Statement of Financial Condition** #### **December 311 2025** | TOTAL LIABILITIES and MEMBER'S EQUITY | s | 73,334 | |---------------------------------------|---|-----------| | TOTAL MEMBER'S EQUITY | | 24,247 | | Accumulated deficit | | (848,097) | | Capital contributions | | 872,344 | | Member's Equity | | | | TOTAL LIABILITIES | | 49,087 | | Accrued expenses | | 15,900 | | Due to affiliates | s | 33,187 | | Liabilities | | | | Liabilities and Member's Egui!Y | | | | TOTAL ASSETS | s | 73,334 | | Total Current Assets | s | 73,334 | | Prepaid expenses | | 5,884 | | | | | {7}------------------------------------------------ #### **As1ris SecuritiN, LLC** #### **(A Wholly-Owned Subsidiary of Astris Finance, LLC)** #### **Statement of Operations** #### **Year Ended December 31, 2025** | Revenues
\$ | | | |----------------------------------|-----------|---| | Expenses: | | | | Occupancy expenses | 27,433 | 1 | | Regulatory expenses | 5,284 | 2 | | General and administrative expem | 5,830 | 3 | | Professional fees | 16,141 | 4 | | IT expenses | 1,400 | 5 | | Employee expenses | 69,750 | 6 | | Net Loss | (125,838) | | {8}------------------------------------------------ # **Astris Securities, LLC (A Wholly-Owned Subsidiary of Astris Finance, LLC) Statement of Changes in Member's Equity Year Ended December 31, 2025** | Balance, December 31, 2024 | \$ | 50,084 | | | |----------------------------|----|-----------|--|--| | Capital contributions | | | | | | Net loss | | (125,838) | | | | Balance, December 31, 2025 | | 24,247 | | | {9}------------------------------------------------ ## **(A Wholly-Owned Subsidiary of Astris Finance, LLC)** #### **Statement of Cash Flows** ## **Year Ended December 31, 2025** | cash Flows from Operating Activi ies | | | |--------------------------------------------|----|-----------| | e loss | s | (125,838) | | Adjustments o reconcile net loss to net | | | | cash used in operating activi ies: | | | | Changes in operating asse sand liabilities | | | | Change in prepaid expenses | | (928) | | Change in due o affiliates | | (14,423) | | Change in accrued expenses | | 600 | | e cash from operating activi ies | | (140,588} | | cash flows from financing activities | | | | Capital contribu ions | | 100,000 | | e cash from financing activities | | 100,000 | | et decrease in cash | | (40,588) | | Cash, beginning of year | | 108,038 | | Cash, end of year | \$ | 67,450 | {10}------------------------------------------------ ## **(A Wholly-Owned Subsidiary of Astris Finance, LLC)** ## **Notes to Financial Statements** **December 31, 2025** ## **Note 1 - Organization and Summary of Significant Accounting Policies** ## **Organization** Astris Securities, LLC (the "Company"), a Delaware LLC, wholly-owned by Astris Finance, LLC ("AF" or "Parent"), was organized on January 22, 2019 principally to facilitate the distribution of securities of partnerships offered by AF and its affiliates. The Company is registered with the Securities and Exchange Commission ("SEC") as a private placement broker/dealer in securities and was approved as a member of the Financial Industry Regulatory Authority ("FINRA") on October 3, 2019. The Company files an Exemption Report pursuant to the provisions of footnote 74 of SEC Release 34-70073 as it does not hold customer funds or securities or carry accounts for customers and its business is limited to private placements. **As a** result, the Company is not obligated to maintain certain reserve requirements and possession and control requirements under Rule 15c3-3 of the SEC. The Company's planned principal operations are to act **as a** private placements agent. The Company is continuing to implement marketing efforts to accomplish such activities. The Parent has committed to provide the necessary financial support for the Company until such activities commence to generate sufficient operating cash flows. #### **Basis of accounting** The accompanying financial statements have been prepared on the accrual basis of accounting in accordance with generally accepted accounting principles in the United States of America. #### **Use of estimates** The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. #### **Income taxes** Under the asset and liability method of ASC 740, "Income Taxes", deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective bases. As the Company is a wholly-owned subsidiary of AF, which is wholly-owned by Astris Infrastructure, LLC, the Company is included in the consolidated tax return of Astris Infrastructure, LLC. Both Astris Securities, LLC and AF have elected to be treated as passthrough entities for U.S. income tax purposes and, as such, are not subject to U.S. income taxes. Rather, all items of taxable income, deductions and tax credits are passed through to and are reported by its owners on their respective income tax returns. Astris Securities, LLC's {11}------------------------------------------------ ## **(A Wholly-Owned Subsidiary of Astris Finance, LLC)** ## **Notes to Financial Statements - Continued** ## **December 31, 2025** federal tax status as a pass-through entity is based on its legal status as a limited liability company. Accordingly, the Company is not required to take any tax positions in order to qualify as a pass-through entity. Astris Finance, LLC is required to file and does file tax returns with the Internal Revenue Service ("IRS") and other taxing authorities. The Company's federal tax returns, which are filed as part of the consolidated Astris Infrastructure, LLC returns, remain subject to examination by the IRS for a period of three years. While no income tax returns are currently being examined by the IRS, tax years since 2022 remain open. ## **Note 2 - Related Party Transactions** Astris Securities, LLC has an expense sharing agreement with the Parent as well as with Astris Finance France for compensation and benefits, administrative services, office space and equipment. Under the arrangement, the Parent and Astris Finance France incur the services/costs which are then invoiced to the Company and are paid on an annual basis. The Company incurred \$64,744 in such services/costs and has reflected these amounts in the accompanying statement of operations. As of December 31, 2025, \$33,187 was outstanding and due to the Parent and Astris Finance France. The expense sharing agreement provides for certain costs to be paid directly by the Company, including but not limited to, FINRA assessments, registration and renewal costs, audit fees, and Fidelity Bond premiums. # **Note 3 - Net Capital Requirements** The Company is subject to the SEC's Uniform Net Capital Rule (Rule 15c3-1), which requires the maintenance of minimum net capital 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 \$18,363, which was \$13,363 in excess of the required net capital of \$5,000. The Company's aggregate indebtedness to net capital ratio was 2.37 to 1 at December 31, 2025. ## **Note 4 - Risk and Uncertainties** # **Registration Risk** The Company must register with state departments which govern compliance with securities laws in states where it does business. Various regulatory requirements exist in each state with which the Company must comply. Because of the various compliance laws, there is a risk that one or more regulatory authorities could determine that the Company has not complied with securities laws necessary for it to conduct business in a given state. Regulatory actions, if ever taken, could have a material adverse effect on the Company's financial condition and operating results. The Company is currently registered in DC, NY, MA and CA and the Compliance Officer monitors the regulatory requirements in those four States on a regular basis. {12}------------------------------------------------ ## **(A Wholly-Owned Subsidiary of Astris Finance, LLC)** ## **Notes to Financial Statements- Continued** ## **December 31, 2025** ## **Concentration of Credit Risk** Cash is maintained at Citibank N.A., which, at times, may exceed Federally insured amounts. The Company has not experienced any losses to date related to these balances. #### **Note 5 - Subsequent Events** Events that occur after the statement of financial condition date but before the financial statements were available to be issued must be evaluated for recognition or disclosure. The effects of subsequent events that provide evidence about conditions that existed at the statement of financial condition date are recognized in the accompanying financial statements. Subsequent events which provide evidence about conditions that existed after statement of financial condition date require disclosure in the accompanying notes. Management evaluated the activity of the Company through February 26, 2026 and concluded that no subsequent events have occurred that would require recognition in the financial statements or disclosure in the notes to the financial statements. {13}------------------------------------------------ **Supplementary Information** {14}------------------------------------------------ #### **(A Wholly-Owned Subsidiary of Astris Finance, LLC)** #### **Schedule I - Computation of Net Capital Under Rule 15c3-1 of the Securities and Exchange Commission** #### **December 31, 2025** COMPU A ION OF NET CAPl AL | | | 2 ,247 | |------------------------------------------------------------------------------|-----------------------------------------------------------------|---------| | 5. ota l capital and a llowab le subord inated liabilities | S | 2 ,247 | | | | | | rom S a ement of Financial | | | | | | 5,884 | | | S | 18,363 | | 11. M inimum net capita l required (6·2/ 3% of li ne 19) | \$ | 3,272 | | 12. M inimum dollar net capita l requ irement of reporting broker or dea ler | | | | and minimum net capital requirement of subsidiaries computed in | | | | | S | 5,000 | | 13. Net capita l requ irement (greater o line 1 or 12 ) | \$ | 5,000 | | | \$ | 13,363 | | 5. Net capita l less greater of 10% o line 19 or 20% of line 12 | S | 12,363 | | | | | | | S | 49,087 | | 20. Percentage o aggregate indebtedness to net capita l (line 9 divided | | | | | | 267.31% | | | 1. o al ownership equity from Sta ement of Financial Cond ition | \$
s | There are no material differences between this computation and that filed by us on SEC Form X-17A-5 (FOCUS filing) as of December 31, 2025. {15}------------------------------------------------ ## **(A Wholly-Owned Subsidiary of Astris Finance,** LLC) # **Schedule 11- Computation for Determination of Reserve Requirements Under Rule 15c-3- 3 of the Securities and Exchange Commission** ## **December 31, 2025** The Company does not claim an exemption from SEC Rule 15c3-3, in reliance on footnote 74 to SEC Release 34-70073, and as discussed in **Q&A 8** of the related FAQ issued by SEC staff. The Company does not (1) directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, (2) does not carry accounts of or for customers and (3) does not carry PAB accounts. {16}------------------------------------------------ ## **(A Wholly-Owned Subsidiary of Astris Finance,** LLC) ## **Schedule** Ill - **Information Relating to Possession or Control Requirements Under Rule 15c3-3 of the Securities and Exchange Commission** ## **December 31, 2025** The Company does not claim an exemption from SEC Rule 15c3-3, in reliance on footnote 74 to SEC Release 34-70073, and as discussed in Q&A 8 of the related FAQ issued by SEC staff. The Company does not (1) directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, (2) does not carry accounts of or for customers and (3) does not carry PAB accounts. {17}------------------------------------------------ ![](_page_17_Picture_0.jpeg) #### **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** To the Member of Astris Securities, LLC We have reviewed management's statements, included in the accompanying Rule 15c3-3 Exemption Report pursuant to SEC Rule 17a-5, in which (1) Astris Securities, LLC (the Company) did not claim an exemption under paragraph {k) of 17 C.F.R. §240.15c3-3, and (2) the Company is filing this Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 because the Company limits its business activities exclusively to effecting private placement securities transactions via subscriptions on a subscription wat basis where the funds are payable to the issuer or its agent and not to the Company. The Company did 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 Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company); did not carry accounts of or for customers; and did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year ended December 31, 2025 without exception. Astris Securities, LLC'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 Astris Securities, LLC'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 upon the Company's business activities contemplated by Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. §240.17a-5, and related SEC Staff Frequently Asked Questions. Landenberg, Pennsylvania February 26, 2026 {18}------------------------------------------------ ## **Altris Securities LLC'11 Exemption Report** Astris Securities, LLC (the ''Company'') is a registered broker-dealer subject to Rule 17a-S promulgated by the Secmities and Exchange Commission (17 C.F.R. §240.l 7a-5, ''Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R. §240.17a-S(dX1) and (4). To the best of its knowledge and belief, the Company states the following: - (1) The Company does not claim an exemption 1mder paragraph (k) of 17 C.F.R. § 240. 15c3-3, and - (2) The Company is filing 1his Exemption Report relying on Footnote 74 of the SEC Release No. 34- 70073 adopting amendments to 17 C.F .R. § 240. l 7a-5 because the Company limits its business activities exclusively to effecting securities transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company and the Company (1) did not directly or indirectly receive, hold. or otherwise owe funds or secwities for or to customers, (2) did not carry accounts of or for customers; and (3) did not carry PAB accounts (as def med in Rule 15c3-3) throughout the year ended December 31, 2025 without exception. ## **Astris Securities,** LLC I, Tobey Susan Collins, swear ( or afftrm) that, to my best knowledge and belief, this Exemption Report is true and correct. By: --------------- Title: Chief Executive Officer February 26, 2026 Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.