SEC Comment Letter for RADIANT LOGISTICS, INC (RLGT) (CIK 0001171155) (RLGT) — Apr 11, 2012
RADIANT LOGISTICS, INC (RLGT) (CIK 0001171155)
Date: April 11, 2012 · CIK: 0001171155 · Accession: 0000000000-12-018488
AI Filing Summary & Sentiment
File numbers found in text: 333-179868
Referenced dates: March 23, 2012
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April 11, 2012 Via E-mail Bohn H. Crain Chief Executive Officer Radiant Logistics, Inc. 405 114th Avenue S.E. Bellevue, WA 98004 Re: Radiant Logistics, Inc. Amendment No. 1 to Registra tion Statement on Form S-3 Filed April 3¸2012 File No. 333-179868 Dear Mr. Crain: We have reviewed your responses to the comments in our letter dated March 23, 2012 and have the following additional comments. General 1. We note your response to our prior comment 1. We disagree, however, with your argument that you can omit the number of shares registered for resale or the list of selling stockholders in the Selling Stockholders secti on if you rely on Genera l Instruction I.B.3 to Form S-3. Rule 430B(b) permits omissi on of the number of shares registered for resale and the list of selling shareholders “for primary offerings pursuant to General Instruction I.B.1.” Please re vise throughout the prospectus to include the number of shares registered for resale and include the list of selling stockhol ders in the Selling Stockholders section. We also note that you r registration fee should be based on Rule 457(a) as opposed to Rule 457(o). Pl ease advise or revise accordingly. Exhibit 5.1 2. We note your response to our prior comment 6 and reissue. Because you are required to identify the selling stockholde rs in the registration statemen t, please have counsel delete assumption in subsection (5) in the last paragr aph on page 2 of the opinion as the shares being registered for resale have already been issued. We urge all persons who are responsible for th e accuracy and adequacy of the disclosure in the filing to be certain that the filing incl udes the information the Securities Act of 1933 and all applicable Securities Act rules require. Since the company and its management are in possession of all facts relating to a company’s disc losure, they are responsible for the accuracy and adequacy of the disclosures they have made. Bohn H. Crain Radiant Logistics, Inc. April 11, 2012 Page 2 Notwithstanding our comments, in the event you request acceleration of the effective date of the pending registration statement please pr ovide a written statement from the company acknowledging that: should the Commission or the staff, acting purs uant to delegated authority, declare the filing effective, it does not foreclose the Co mmission from taking any action with respect to the filing; the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the company from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and the company may not assert staff comments a nd the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. Please refer to Rules 460 and 461 regarding re quests for acceleration. We will consider a written request for acceleration of the effective date of the regi stration statement as confirmation of the fact that those reques ting acceleration are aware of thei r respective responsibilities under the Securities Act of 1933 and the Securities Excha nge Act of 1934 as they relate to the proposed public offering of the securities specified in th e above registration stat ement. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. Please contact Tonya K. Aldave at (202) 551-3601 or me at (202) 551-3324 with any questions. Sincerely, /s/ John Stickel John Stickel Attorney-Advisor cc: via E-mail Stephen M. Cohen, Esq.