SEC Comment Letter 0000000000-24-001195 to REGAL REXNORD CORP (RRX) (CIK 0000082811) (RRX)
REGAL REXNORD CORP (RRX) (CIK 0000082811)
Date: Jan. 31, 2024 · CIK: 0000082811 · Accession: 0000000000-24-001195
AI Filing Summary & Sentiment
File numbers found in text: 001-07283
Referenced dates: December 21, 2023
Letter
United States securities and exchange commission logo January 31, 2024 Rob Rehard Executive Vice President and Chief Financial Officer Regal Rexnord Corporation 111 West Michigan Street Milwaukee, Wisconsin 53203 Re:Regal Rexnord Corporation Form 10-K for the Fiscal Year Ended December 31, 2022 Filed February 24, 2023 Form 8-K dated September 8, 2023 Form 8-K dated November 2, 2023 File No. 001-07283 Dear Rob Rehard: We have reviewed your December 21, 2023 response to our comment letter and have the following comments. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our December 12, 2023 letter. Response Letter dated December 21, 2023 Form 8-K furnished September 8, 2023 Exhibit 99.1 , page 1 1.We note your response to our prior comment 3, however we continue to object to the presentation of this pro forma segment information on a standalone basis. In this regard, we note that the pro forma measures are presented without disclosure of the comparable GAAP measures, are presented by segment, and also do not include disclosure of the nature and amount of the adjustments that were made to calculate the pro forma measures. Additionally, we note that the pro forma measures you present differ, or are in addition to those included in your ASC 805 disclosures in your 2023 Form 10-Qs, and therefore would not appear to be appropriate to present for historical quarterly periods.
FirstName LastNameRob Rehard Comapany NameRegal Rexnord Corporation January 31, 2024 Page 2 FirstName LastName Rob Rehard Regal Rexnord Corporation January 31, 2024 Page 2 Please revise future filings to exclude this type of pro forma disclosure. Form 8-K furnished November 2, 2023 Exhibit 99.1 Earnings Release, page 12 2.We note your response to our prior comment 4. Please revise future filings to include disclosure of how the pro forma net loss amount was calculated or determined. Please contact Len Jui at 202-551-6693 or Claire Erlanger at 202-551-3301 if you have questions regarding comments on the financial statements and related matters. Sincerely, Division of Corporation Finance Office of Manufacturing
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United States securities and exchange commission logo
January 31, 2024
Rob Rehard
Executive Vice President and Chief Financial Officer
Regal Rexnord Corporation
111 West Michigan Street
Milwaukee, Wisconsin 53203
Re:Regal Rexnord Corporation
Form 10-K for the Fiscal Year Ended December 31, 2022
Filed February 24, 2023
Form 8-K dated September 8, 2023
Form 8-K dated November 2, 2023
File No. 001-07283
Dear Rob Rehard:
We have reviewed your December 21, 2023 response to our comment letter and have the
following comments.
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments. Unless
we note otherwise, any references to prior comments are to comments in our December 12,
2023 letter.
Response Letter dated December 21, 2023
Form 8-K furnished September 8, 2023
Exhibit 99.1 , page 1
1.We note your response to our prior comment 3, however we continue to object to the
presentation of this pro forma segment information on a standalone basis. In this regard,
we note that the pro forma measures are presented without disclosure of the comparable
GAAP measures, are presented by segment, and also do not include disclosure of the
nature and amount of the adjustments that were made to calculate the pro forma
measures. Additionally, we note that the pro forma measures you present differ, or are in
addition to those included in your ASC 805 disclosures in your 2023 Form 10-Qs, and
therefore would not appear to be appropriate to present for historical quarterly periods.
FirstName LastNameRob Rehard
Comapany NameRegal Rexnord Corporation
January 31, 2024 Page 2
FirstName LastName
Rob Rehard
Regal Rexnord Corporation
January 31, 2024
Page 2
Please revise future filings to exclude this type of pro forma disclosure.
Form 8-K furnished November 2, 2023
Exhibit 99.1 Earnings Release, page 12
2.We note your response to our prior comment 4. Please revise future filings to include
disclosure of how the pro forma net loss amount was calculated or determined.
Please contact Len Jui at 202-551-6693 or Claire Erlanger at 202-551-3301 if you have
questions regarding comments on the financial statements and related matters.
Sincerely,
Division of Corporation Finance
Office of Manufacturing