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SEC Company Response from AMEDIA NETWORKS, INC. (CIK 0000933955) — Aug 19, 2005

AMEDIA NETWORKS, INC. (CIK 0000933955)
Date: Aug. 19, 2005 · CIK: 0000933955 · Accession: 0001188112-05-001525

AI Filing Summary & Sentiment

File numbers found in text: 333-126351

Referenced dates: July 26, 2005

Date
August 19, 2005
Author
President and Chief Executive Officer
Form
CORRESP
Company
AMEDIA NETWORKS, INC. (CIK 0000933955)

Letter

August 19, 2005 VIA EDGAR U.S. Securities and Exchange Commission 100 F Street, NE Washington, D.C. 20549 Attn: Mr. Neil Miller, Attorney Advisor

Re: Registration Statement on Form S-2 filed on July 1, 2005 by Amedia Networks, Inc. (the "Company"), File No. 333-126351

Dear Mr. Miller:

Reference is made to the letter dated July 26, 2005 from the Division of Corporate Finance of the U.S. Securities and Exchange Commission to the Company (the "Comment Letter") relating to the registration statement on Form S-2 (the "Registration Statement") filed by the Company on July 1, 2005.

Set forth below are Company's responses to the points raised in the Comment Letter. This letter is being delivered to you in conjunction with the filing of Amendment No. 1 to the Registration Statement (the "Amendment"). The numbered paragraphs below correspond to the numbered paragraphs of the Comment Letter.

SELLING STOCKHOLDERS, PAGE 24

1. The Company will present the selling stockolder information as of the effective date in the Rule 424(b) prospectus that it intends to file promptly after the Registration Statement is declared effective. The selling stockholder information is presented in the Amendment as of August 15, 2005, the most recent date for which such information is available to the Company.

2. The requested revisions have been made. Please refer to the footnotes under "SELLING STOCKHOLDERS" in the Amendment for the revised disclosure.

PLAN OF DISTRIBUTION, PAGE 29

3. The Company has advised each selling stockholder that it may not use any of shares of the Company's common stock included for resale in the Registration Statement and issuable upon the conversion of the convertible preferred stock or the exercise of the warrants to cover any short sales that such selling stockholder may have made prior to the date on which the Registration Statement is declared effective. Each selling stockholder has certified to the Company that it does not intend to cover any short sales it may have made previously with shares of the Company's common stock issuable upon conversion or exercise of the securities included in the Registration Statement. The text under the caption "PLAN OF DISTRIBUTION" included in the Registration Statement has been revised to clarify to the selling stockholders the limitations and restrictions imposed by Regulation M under the Securities Exchange Act of 1934. Please refer to such section in the Amendment. Baseds on the selling stockholders certifications, we do not believe that any further revision to the text is necessary.

Additionally, the Company has asked each of the selling stockholders to certify in writing whether it had a current short position in the Company's common stock and, if so, to provide details thereof. Based on these responses, a total of four selling stockholders have open short positions in the

<PAGE>

Company's common stock in an aggregate amount not exceeding 148,023 shares. We do not believe that these constitute a material short position in the Company's common stock.

Part II EXHIBIT 5.1 - OPINION OF COUNSEL

4. The reference to Form SB-2 was a typographical error. Exhibit 5.1 to the Amendment has been revised to refer to Form S-2.

I trust that the foregoing addresses the comments raised in the Comment Letter. Please do not hesitate to contact me or the Company's attorneys if we can be of further assistance.

Very truly yours,
/s Frank Galuppo
----------------
Frank Galuppo
President and Chief Executive Officer

Show Raw Text
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                      [Letterhead of Amedia Networks, Inc.]

                                                                 August 19, 2005

VIA EDGAR

U.S. Securities and Exchange Commission
100 F Street, NE
Washington, D.C. 20549
Attn: Mr. Neil Miller, Attorney Advisor

        Re:     Registration Statement on Form S-2 filed on July 1, 2005 by
                Amedia Networks, Inc. (the "Company"), File No. 333-126351

Dear Mr. Miller:

        Reference is made to the letter dated July 26, 2005 from the Division of
Corporate Finance of the U.S. Securities and Exchange Commission to the Company
(the "Comment Letter") relating to the registration statement on Form S-2 (the
"Registration Statement") filed by the Company on July 1, 2005.

        Set forth below are Company's responses to the points raised in the
Comment Letter. This letter is being delivered to you in conjunction with the
filing of Amendment No. 1 to the Registration Statement (the "Amendment"). The
numbered paragraphs below correspond to the numbered paragraphs of the Comment
Letter.

SELLING STOCKHOLDERS, PAGE 24

        1. The Company will present the selling stockolder information as of the
effective date in the Rule 424(b) prospectus that it intends to file promptly
after the Registration Statement is declared effective. The selling stockholder
information is presented in the Amendment as of August 15, 2005, the most recent
date for which such information is available to the Company.

        2. The requested revisions have been made. Please refer to the footnotes
under "SELLING STOCKHOLDERS" in the Amendment for the revised disclosure.

PLAN OF DISTRIBUTION, PAGE 29

        3. The Company has advised each selling stockholder that it may not use
any of shares of the Company's common stock included for resale in the
Registration Statement and issuable upon the conversion of the convertible
preferred stock or the exercise of the warrants to cover any short sales that
such selling stockholder may have made prior to the date on which the
Registration Statement is declared effective. Each selling stockholder has
certified to the Company that it does not intend to cover any short sales it may
have made previously with shares of the Company's common stock issuable upon
conversion or exercise of the securities included in the Registration Statement.
The text under the caption "PLAN OF DISTRIBUTION" included in the Registration
Statement has been revised to clarify to the selling stockholders the
limitations and restrictions imposed by Regulation M under the Securities
Exchange Act of 1934. Please refer to such section in the Amendment. Baseds on
the selling stockholders certifications, we do not believe that any further
revision to the text is necessary.

        Additionally, the Company has asked each of the selling stockholders to
certify in writing whether it had a current short position in the Company's
common stock and, if so, to provide details thereof. Based on these responses, a
total of four selling stockholders have open short positions in the

<PAGE>

Company's common stock in an aggregate amount not exceeding 148,023 shares. We
do not believe that these constitute a material short position in the Company's
common stock.

Part II
EXHIBIT 5.1 - OPINION OF COUNSEL

        4. The reference to Form SB-2 was a typographical error. Exhibit 5.1 to
the Amendment has been revised to refer to Form S-2.

        I trust that the foregoing addresses the comments raised in the Comment
Letter. Please do not hesitate to contact me or the Company's attorneys if we
can be of further assistance.

                                           Very truly yours,

                                           /s Frank Galuppo
                                           ----------------
                                           Frank Galuppo
                                           President and Chief Executive Officer

                                       2
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