# AHANA MARKETS LLC X-17A-5 (2025-11-07) — Broker-dealer annual report - Company: AHANA MARKETS LLC - Form: X-17A-5 - Filed: 2025-11-07 - Period: 2025-09-30 - Accession: 0001933265-25-000004 - CIK: 1933265 - File #: 8-70941 - Type: Broker-dealer - Material weakness: No - Auditor: Nawrocki Smith LLP - Auditor location: Hauppauge, NY - Contact: Vrinda Arora - Phone: 212-668-8700 - Email: varora@acisecure.com - Website: acisecure.com - Signed by: Raymond Micaletti (CEO) Original filing: https://www.sec.gov/Archives/edgar/data/1933265/000193326525000004/ahanafinalpubaudit.pdf --- {0}------------------------------------------------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 OMB APPROVAL OMB Number: 3235-0123 Expires: Nov. 30, 2026 Estimated average burden hours per response: 12 # ANNUAL REPORTS FORM X-17A-5 PART III sec file number 8-70941 FACING PAGE Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 AND ENDING 09/30/25 filing for the period beginning \_10/01/24 MM/DD/YY MM/DD/YY A. REGISTRANT IDENTIFICATION # NAME OF FIRM: AHANA MARKETS LLC TYPE OF REGISTRANT (check all applicable boxes): ■ Broker-dealer □ Check here if respondent is also an OTC derivatives dealer □ Major security-based swap participant ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) # 1 BRIDGE PLAZA N #860A | | | (No. and Street) | | | |-------------------------------------------------------------------------------------------------|--------|--------------------------------------------|----------------------|------------| | FORT LEE | | NJ | | 07024 | | (City) | | (State) | | (Zip Code) | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | | VRINDA ARORA | | 212-668-8700 | VARORA@ACISECURE.COM | | | (Name) | | (Area Code - Telephone Number) | (Email Address) | | | | | B. ACCOUNTANT IDENTIFICATION | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*
NAWROCKI SMITH LLP | | | | | | (Name - if individual, state last, first, and middle name) | | | | | | 100 MOTOR PARKWAY, SUITE 580 HAUPPAGE | | | NY | 11788 | | (Address) | (City) | | (State) | (Zip Code) | | 03/04/2009 | | | 3370 | | | (Date of Registration with PCAOB)(if applicable) | | (PCAOB Registration Number, if applicable) | | | | FOR OFFICIAL USE ONLY | | | | | | | | | | | \* Claims for exemption from the requirement that the annual reports of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240.17a-5(e)(1)(ii), if applicable. Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. {1}------------------------------------------------ # OATH OR AFFIRMATION | RAYMOND MICALETTI | swear (or affirm) that, to the best of my knowledge and belief, the | | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------|-------| | tinancial report pertaining to the firm of AHANA MARKETS LLC | | as of | | ﺍﻟﻤﺴﺎﺣﺔ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘﻮﻯ ﺍﻟﻤﺴﺘ | | | ﺔ/30 , 2 025 partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely as that of a customer. | Signature:
Raymond C. Micaletti, Jr. Micaletti, Jr. Sammond Commond Com | Digitally algried by Reserioric C. Michiofil, Jr.
Frait POF Roysier Vension: 2004.3.0 | |----------------------------------------------------------------------------|------------------------------------------------------------------------------------------| | Title: | | | CEO | | Notary Public # This filing\*\* contains (check all applicable boxes): - (a) Statement of financial condition. - (b) Notes to consolidated statement of financial condition. - □ (c) Statement of income (loss) or, if 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). - □ (d) Statement of cash flows. - □ (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - \_ (f) Statement of changes in liabilities subordinated to claims of creditors. - □ (g) Notes to consolidated financial statements. - □ (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 240.18a-2. - □ {j} Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - □ (k) 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. - □ (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - □ (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. - □ (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if 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. - - | - □ (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - (t) Independent public accountant's report based on an examination of the statement of financial condition. - □ (u) Independent public accountant's report based on an examination of the financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable. - | (v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - □ (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. - | as applicable. - \_ (y) Report describing any material inadequacies found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k). - □ (z) Other: - \*\*To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(2), as applicable. {2}------------------------------------------------ Statement of Financial Condition as of September 30, 2025 and Report of Independent Registered Public Accounting Firm This report is pursuant to Rule 17a-5(e)(3) under the Securities Exchange Act of 1934 as a Public Document. {3}------------------------------------------------ # Table of Contents As of and for the year ended September 30, 2025 | Report of Independent Registered Public Accounting Firm | | |---------------------------------------------------------|-------| | Statement of Financial Condition | | | Notes to Financial Statement | 3 - 5 | {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) # REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Member of Ahana Markets, LLC: # Opinion on the Financial Statement We have audited the accompanying statement of financial condition of Ahana Markets, LLC (the "Company") as of September 30, 2025, and the related notes (collectively referred to as the financial statement). In our opinion, the financial statement presents fairly, in all material respects, the financial position of Ahana Markets, LLC as of September 30, 2025 in conformity with accounting principles generally accepted in the United States of America. # Basis for Opinion This financial statement is the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statement 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 U.S. Securities and Exchange Commission ("SEC") 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 statement is 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 statement, 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 statement. 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 statement. We believe that our audit provides a reasonable basis for our opinion. We have served as Ahana Markets, LLC's auditor since 2024. Hauppauge, New York November 3, 2025 Nawrocki Smith I P {5}------------------------------------------------ # Statement of Financial Condition September 30, 2025 ASSETS | Cash
Restricted Cash
Prepaid expenses
Other assets | ക്ക | 1,338
125,782
10,466
1,618 | |-------------------------------------------------------------|-----|-------------------------------------| | TOTAL ASSETS | ಕ್ | 139,204 | | LIABILITIES AND MEMBER'S EQUITY | | | | LIABILITIES:
Accounts payable | | 23,200 | | TOTAL LIABILITIES | | 23,200 | | MEMBER'S EQUITY | | 116,004 | | TOTAL LIABILITIES AND MEMBER'S EQUITY | ക | 139,204 | See Notes to Accompanying Financial Statement. {6}------------------------------------------------ Notes to Financial Statement September 30, 2025 ## NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS Ahana Markets, LLC (the "Company") is a Limited Liability Company that was formed in Delaware on December 6, 2021. The Company is a registered broker-dealer with the U.S. Securities and Exchange Commission ("SEC"), the Financial Industry Regulatory Authority ("FINRA") and the Securities Investor Protection ("SIPC") as of June 28, 2023. The firm operates in Fort Lee, New Jersey and is limited to raising capital for private placements in various asset management entities. #### NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES ## Basis of Presentation The accompanying financial statement has been prepared on the accrual basis of accordance with accounting principles generally accepted in the United States of America ("GAAP"). #### Revenue and Expense Recognition The Company recognizes revenue in accordance with Financial Accounting Standards Board ("FASB") Acounting Standards Codification ("ASC") Topic 606, Revenue from Contracts with Customers ("ASC Topic 606"). ASC Topic 606 requires that an entity recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the which the entity expects to be entitled in exchange for those goods or services. The quidance requires an entity to follow a five step model to (a) identify the contract(s) with a customer, (b) identify the performance obligations in the transaction price, (d) allocate the transaction price to the performance obligations in the contract, and (e) recognize revenue when (or as) the entity salisfies a performance obligation. In determining the an entity may include variable consideration only to the extent that it is probable that a significant reversal in the amount of cumulative revenue recognized would not occur when the uncertainly associated with the variable consideration is resolved. #### Income Taxes The Company is a single member limited liability company that is deemed to be a disregarded entity for income tax purposes. The taxable income or loss of the Company is allocated to its member 30, 2025, the Company had no allocated tax to be disclosed. The Company accounts for uncertainties in income taxes under the provisions of FASB ASC 740-10-05, "Accounting for Uncertainty in Income Taxes." The ASC clarifies the accounting for uncertainty in income taxes recognized in an enterprise's financial statement. The ASC prescribes a recognition threshold and measurement recognition and measurement recognition and measurement of a tax position taken or expected to be taken in a tax return. The ASC provides guidance on de-recognition, interest and peralties, accounting in interim periods, disclosure and transition. At September 30, 2025, the Company had no material unrecognized tax and no uncertain tax positions. The Company's conclusions regarding uncertain tax positions may be subject to review and adjustment at a later dated upon ongoing analyses of fax laws, regulations thereof as well as other factors. Generally, federal and state authorities may examine the Company's income tax returns for three years from the date of filing. #### Use of Estimates The preparation of financial statement and related disclosures in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and the disclosure of contingent assets and liabilities at the date of the financial statement, and the reported and expenses during the reporting period. Accordingly, actual results could differ from those estimates and such differences could be material. #### Recent Accounting Pronouncements The Company has determined that no recently issued accounting pronouncements will have a material impact on its financial position, results of operations and cash flows, or do not apply to its operations. {7}------------------------------------------------ Notes to Financial Statement For the year ended September 30, 2025 ## NOTE 3 - CONCENTRATIONS OF CREDIT RISK #### Cash and Restricted Cash The Company maintains principally all cash balances in one financial institution which, at times, may exceed the amount insured by the Federal Deposit hsurance Corporation. The Company is solely dependent upon daily bank balances and the strength of the financial institution. The Company has not incurred any losses on this account. As of September 30, 2025 the amount in excess of the FDIC limit was \$0. As of September 30, 2025, the Company had restricted cash of \$125,782. On August 1, 2025 The Company received a letter from Chase Bank ("Chase"), where the Company's operating bank account was locating its account would be closed on September 30, 2025, without further details being indicated. On August 13, 2025, Ahana immediately contacted Chase in an attempt to maintain its operating account and determine the reason for closure. The account closure was related to the Firm's geographical location in Puerto Rico. At the Ahana was in the process of relocating to New Jersey and notified Chase of the move. On August 22, 2025, Chase concluded its decision to close the account on September 30, 2025. As a result of the unfortunate closure to expected on September 30, 2025 Ahana Markets LLC proceeded the attempts to identify a new banking institution. Due to the long due dligence process with the Company was unable to open a bank account prior to September 30, 2025, and its newly established account was not fully operational until October 1, 2025. At that point the firm was not allowed to wire/ACH or otherwise transfer its funds out of the Chase bank account, there funds were deemed non-allowable under 15c3-1, putting the firm in capital deficiency on September 30, 2025. The firm's net capital on September 30, 2025 was its net capital deficit was -\$26,862. Understanding the net capital implications, the Company immediately infused \$60,000 into its new bank account which restored its net capital to \$25,258 as of October 1, 2025. ## NOTE 4 - INDEMNIFICATIONS In the normal course of its business, the Company indemnifies and guarantees certain service providers against specified potential losses in connection with their acting as an agent of, or providing services to, the maximum potential amount of future payments that the Company could be required to make under ifications cannot be estimated. However, the Company believes that i is unlikely it will have to make material payments and has not recorded any contingent liability in the financial statement for these indemnifications The Company provides representations and warranties in connection with a variety of commercial transactions and occasionally indemnifies them against potential losses caused by the breach of those representations and warranties. The Company may also provide standard indemnifications to some counterparties to protect them in the event additional taxes are withheld, due either to a change in or adverse application of certain tax laws. These indemnifications generally are standard contractual terms and are entered into in the normal course of business. The maximum of future payments that the Company could be required to make under these indemnifications cannot be estimated. However, the Company believes that it is unlikely it will have to make material payments under these arrangements and recorded any contingent liability in the financial statement for these indemnifications. ## NOTE 5 - NET CAPITAL REQUIREMENTS The Company is subject to the Securities and Exchange Commission Uniform Net Capital Rule (503-1), which requires the maintenance of minimum net capital, and requires that the ratio of aggregate indected shall not exceed 15 to 1. SEC Rule 15c3-1 also provides that capital may not be withdrawn or cash dividends paid if the resulting net capital ratio would exceed 10 to 1. Net capital and aggregate indebtedness change day to day, but on September 30, 2025, the Company had net capital of -\$21,862 which was below the net capital requirement of \$5,000; and the Company's percentage of aggregate indebtedness to net capital was approximately -106.12%. #### NOTE 6 - EXEMPTION FROM RULE 15c3-3 The Company is exempt from the provisions of Rule 15c3-3 under the Securities and Exchange Act of 1934. The Company does not hold customers' cash or securities and, therefore, has no obligations under the Securities Exchange Act of 1934. {8}------------------------------------------------ Notes to Financial Statement September 30, 2025 ## NOTE 7 - RELATED PARTY The Company's Parent Ahana Holdings LLC, is a wholy owned subsidiary of Mars Markets Corp. In addition, the Company has a related party relationship with Relative Sentiment Technologies, LLC, a registered investment advisor. In the period under audit, there have been no transactions with any of the affiliated entities. ## NOTE 8 - COMMITMENTS AND CONTINGENCIES The Company has no commitments or contingent liabilities and has not been named as a defendant in any lawsuits on September 30, 2025 or during the year then ended. ## NOTE 9 - LEASES The Company follows the provisions of ASC Topic 842 for lease accounting. The Company has currently leased an office space in New Jersey. The Company has elected the shortion and therefore only recognizes right-of-use assets and lease liabilities for leases with a term greater than one year ended September 30, 2025, \$955 of expenses were incurred related to this agreement, which is included within Occupancy Expenses on the Statement of Operations. The Company has no immediate plans to occupy any additional office space. ## NOTE 10 - SEGMENT REPORTING The Company follows ASC 280. Secment Reporting (including adoption of ASU 2023-07), which requires to disclose segment data based on how management makes decisions about allocating resources to segments and evaluating performance. The Company conducts its business adtities and reports financial results as a single reportable segment, the brokerage services segment. Using the management approach, qualitative criteria established by ASC 200, the Company is considered to be a single reportable segment. The Chief Operating Decision Maker ("CODM") makes decisions about allocating resources and assessing performance in a manner consistent with the way the Company operates their financial results. The nature of business and accounting policies of the brokerage services segment are the same as a realure of business and summary of significant accounting policies. ## NOTE 11 - GOING CONCERN The Company is subject to risks and uncertainties that could affect amounts financial statement in future periods. The Company has operated with recurring losses and related negative operating cash flows, and is expected to have operating losses for the foreseeable future. At September 30, 2025, the Company's cash balances were \$1,338 and \$12,782, Management has deternined that additional funding will be necessary and remains committed to contributing capital for the foreseeable future to ensure net capital compliance is maintained. One of the Company's lead investors has formally committed to providing adequate capitalization and liquidity for the Company's business operations for September 30, 2025. Should additional funding not be available to the Company may not be able to continue as a going concern. No adjustments to the accompanying financial statement have been recorded as a result of this uncertainty. #### NOTE 12 - SUBSEQUENT EVENTS Management has evaluated the Company's events and transactions that occurred subsequent to September 30, 2025 through November 3, 2025 the date which the financial statement was available to be issued. On October 1, 2025, the Company received a capital contribution from it's Parent Company in the amount of \$60,000. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.