SEC Comment Letter for Cryoport, Inc. (CYRX) (CIK 0001124524) (CYRX) — Jun 10, 2015
Cryoport, Inc. (CYRX) (CIK 0001124524)
Date: June 10, 2015 · CIK: 0001124524 · Accession: 0000000000-15-030986
AI Filing Summary & Sentiment
Reasoning
Referenced dates: May 28, 2015, May 28, 2015
Letter
June 10, 2015 Via E -mail Robert Stefanovich Chief Financial Officer Cryoport , Inc. 20382 Barents Sea Circle Lake Forest, CA 92630
Re: Cryoport , Inc. Amendment No. 2 to Registration Statement on Form S -1 May 26 , 2015 File No. 333 -203006
Dear Mr. Stefanovich :
We have reviewed your supplemental response letter and the above -referenced filing, and have the following comments.
General
1. We have considered your supplemental response to comment one in our letter dated May 28, 2015. Units must be registered in this registration statement because if common stock and warrants are only being sold in proportional amounts, then the offering is for units that cons ist of common stock and warrants, notwithstanding that the two underlying securities are issued separately or may trade separately immediately upon issuance . This comment also applies to your overallotment option. Please revise to reinclude all your disclosure about your units from your previous amendment filed April 17, 2015.
Prospectus Cover Page
2. We note your proposed revision in response to comment two in our letter dated May 28, 2015. In your next amendment, please revise to make it clear, if true, that each warrant will be to purchase one share of common stock, rather than to purchase one share of common stock and an additional warrant.
Please contact David Korvin, Staff Attorney at 202 -551-3236 or me at 202 -551-3765 with any questions.
Robert Stefanovich Cryoport, Inc. June 10, 2015 Page 2
Sincerely,
/s/ Pamela Long
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June 10, 2015
Via E -mail
Robert Stefanovich
Chief Financial Officer
Cryoport , Inc.
20382 Barents Sea Circle
Lake Forest, CA 92630
Re: Cryoport , Inc.
Amendment No. 2 to Registration Statement on Form S -1
May 26 , 2015
File No. 333 -203006
Dear Mr. Stefanovich :
We have reviewed your supplemental response letter and the above -referenced filing, and
have the following comments.
General
1. We have considered your supplemental response to comment one in our letter dated May
28, 2015. Units must be registered in this registration statement because if common stock
and warrants are only being sold in proportional amounts, then the offering is for units
that cons ist of common stock and warrants, notwithstanding that the two underlying
securities are issued separately or may trade separately immediately upon issuance . This
comment also applies to your overallotment option. Please revise to reinclude all your
disclosure about your units from your previous amendment filed April 17, 2015.
Prospectus Cover Page
2. We note your proposed revision in response to comment two in our letter dated May 28,
2015. In your next amendment, please revise to make it clear, if true, that each warrant
will be to purchase one share of common stock, rather than to purchase one share of
common stock and an additional warrant.
Please contact David Korvin, Staff Attorney at 202 -551-3236 or me at 202 -551-3765
with any questions.
Robert Stefanovich
Cryoport, Inc.
June 10, 2015
Page 2
Sincerely,
/s/ Pamela Long
Pamela Long
Assistant Director
cc: Via E -mail
Tony Ippolito , Esq.
Snell & Wilmer LLP