November 2, 2009
VIA EDGAR
Ms. Karen J. Garnett, Esq.
United States Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
Re: | Cypress Sharpridge Investments, Inc. |
Withdrawal of Registration Statement on Form S-11
File Number 333-162207
Dear Ms. Garnett:
Pursuant to Rule 477 promulgated under the Securities Act of 1933, as amended (the Securities Act), Cypress Sharpridge Investments, Inc. (the Registrant) hereby respectfully requests that the Securities and Exchange Commission (the Commission) consent to the withdrawal of the Registrants registration statement on Form S-11 (File Number 333-162207), together with all exhibits thereto, which the Registrant filed with the Commission on September 29, 2009 (the Registration Statement).
The Registrant is seeking the withdrawal of the Registration Statement because it believes that current market conditions make it inadvisable to proceed with the Registrants proposed public offering of common stock at this time. The Registrant respectfully advises the Commission that no securities have been sold in connection with the Registration Statement.
The Registrant acknowledges that no refund will be made for fees paid to the Commission in connection with filing of the Registration Statement. The Registrant, however, respectfully requests that all fees paid to the Commission in connection with the filing of the Registration Statement be credited for future use should the Registrant proceed with the filing of a subsequent registration statement meeting the requirements of Rule 457(p) under the Securities Act.
Pursuant to the foregoing, the Registrant hereby respectfully requests that the Commission issue a written order granting the withdrawal of the Registration Statement as soon as possible. Please fax a copy of the Commissions written order as soon as it is available to the attention of the undersigned at (617) 507-6439, and to the attention of the Registrants counsel, S. Gregory Cope of Hunton & Williams LLP, at (804) 343-4833.
Please direct any questions regarding this request to S. Gregory Cope of Hunton & Williams LLP at (804) 788-8388.
Very truly yours,
CYPRESS SHARPRIDGE INVESTMENTS, INC.
By: /s/ Richard E. Cleary
Richard E. Cleary
Vice President and Chief Operating Officer