SEC Company Response from LINCOLN EDUCATIONAL SERVICES CORP (LINC) (CIK 0001286613) (LINC) — Jun 20, 2005
LINCOLN EDUCATIONAL SERVICES CORP (LINC) (CIK 0001286613)
Date: June 20, 2005 · CIK: 0001286613 · Accession: 0001104659-05-028977
AI Filing Summary & Sentiment
File numbers found in text: 333-123644
Letter
Securities and Exchange Commission Division of Corporation Finance Attention: Re: Lincoln Educational Services Corporation Registration Statement on Form S-1, as amended, Registration No. 333-123644
Dear Ms. Anderson:
In accordance with Rule 461 of the General Rules and Regulations under the Securities Act of 1933, as amended (the “Act”), Lincoln Educational Services Corporation, a New Jersey corporation (the “Company”), hereby requests that the effective date for the Company’s Registration Statement on Form S-1 referred to above be accelerated so that it will become effective at 2:00 p.m., Eastern Standard Time on June 22, 2005.
The Company acknowledges that should the Securities and Exchange Commission (the “Commission”) or the staff, acting pursuant to delegated authority, declare the Registration Statement effective, it does not foreclose the Commission from taking any action with respect to the Registration Statement. In addition, the Company acknowledges that the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the Registration Statement effective does not relieve the Company from its full responsibility for the adequacy and accuracy of the disclosures in the Registration Statement. The Company further acknowledges that it may not assert this action as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.
We would appreciate if, as soon as the Registration Statement has become effective, you would so inform Ferdinand J. Erker at Shearman & Sterling LLP at (212) 848-8167.
Very truly yours,
Lincoln Educational Services Corporation
By:
/s/ David F. Carney
Name:
David F. Carney
Title:
Chief Executive Officer and Chairman of the
Board
[Merrill Lynch & Co. Letterhead]
June 20, 2005
Securities and Exchange Commission
Fifth Street, NW
Washington, D.C. 20549
Re: Lincoln Educational Services Corporation
Registration Statement No. 333-123644
Gentlemen:
On behalf of the underwriters, we hereby join the company and the selling shareholders in requesting that the effective date for the Registration Statement referred to above be accelerated so that it will be declared effective at 2:00 p.m. e.d.t. on June 22, 2005, or as soon thereafter as possible, pursuant to Rule 430A.
The Underwriters of the above issue were advised by invitation wire and in subsequent underwriting papers that they must comply with the provisions of SEC Release No. 33-4968 of the 1933 Act and Rule 15c2-8 under the 1934 Act. Copies of the Preliminary Prospectus have been or will be made available in sufficient time for distribution to all prospective purchasers no less than 48 hours prior to the time it is expected confirmations will be mailed. The undersigned, as Representatives, have and will, and each underwriter and each dealer has advised the undersigned that it has and will comply with Release No. 33-4968 of the 1933 Act and Rule 15c2-8 under the 1934 Act.
In connection with the foregoing, please be advised that the undersigned have effected approximately the following distribution of copies of the Preliminary Prospectus dated June 7, 2005.
N.Y.S.E.
Financial Services and Publications
N.A.S.D.
Underwriters
7,830
Dealers
Individuals & Corporations
MLPF&S Inc. Branch Offices
5,114
TOTAL
13,889
Copies
Very truly yours,
MERRILL LYNCH &
CO.
Show Raw Text
CORRESP 1 filename1.htm Lincoln Educational Services Corporation 200 Executive Drive, Suite 340 West Orange, New Jersey 07052 June 20, 2005 Via Facsimile and EDGAR Securities and Exchange Commission Division of Corporation Finance 450 Fifth Street, N.W. Washington, D.C. 20549 Attention: Ms. Michele M. Anderson Legal Branch Chief Re: Lincoln Educational Services Corporation Registration Statement on Form S-1, as amended, Registration No. 333-123644 Dear Ms. Anderson: In accordance with Rule 461 of the General Rules and Regulations under the Securities Act of 1933, as amended (the “Act”), Lincoln Educational Services Corporation, a New Jersey corporation (the “Company”), hereby requests that the effective date for the Company’s Registration Statement on Form S-1 referred to above be accelerated so that it will become effective at 2:00 p.m., Eastern Standard Time on June 22, 2005. The Company acknowledges that should the Securities and Exchange Commission (the “Commission”) or the staff, acting pursuant to delegated authority, declare the Registration Statement effective, it does not foreclose the Commission from taking any action with respect to the Registration Statement. In addition, the Company acknowledges that the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the Registration Statement effective does not relieve the Company from its full responsibility for the adequacy and accuracy of the disclosures in the Registration Statement. The Company further acknowledges that it may not assert this action as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. We would appreciate if, as soon as the Registration Statement has become effective, you would so inform Ferdinand J. Erker at Shearman & Sterling LLP at (212) 848-8167. Very truly yours, Lincoln Educational Services Corporation By: /s/ David F. Carney Name: David F. Carney Title: Chief Executive Officer and Chairman of the Board [Merrill Lynch & Co. Letterhead] June 20, 2005 Securities and Exchange Commission 450 Fifth Street, NW Washington, D.C. 20549 Re: Lincoln Educational Services Corporation Registration Statement No. 333-123644 Gentlemen: On behalf of the underwriters, we hereby join the company and the selling shareholders in requesting that the effective date for the Registration Statement referred to above be accelerated so that it will be declared effective at 2:00 p.m. e.d.t. on June 22, 2005, or as soon thereafter as possible, pursuant to Rule 430A. The Underwriters of the above issue were advised by invitation wire and in subsequent underwriting papers that they must comply with the provisions of SEC Release No. 33-4968 of the 1933 Act and Rule 15c2-8 under the 1934 Act. Copies of the Preliminary Prospectus have been or will be made available in sufficient time for distribution to all prospective purchasers no less than 48 hours prior to the time it is expected confirmations will be mailed. The undersigned, as Representatives, have and will, and each underwriter and each dealer has advised the undersigned that it has and will comply with Release No. 33-4968 of the 1933 Act and Rule 15c2-8 under the 1934 Act. In connection with the foregoing, please be advised that the undersigned have effected approximately the following distribution of copies of the Preliminary Prospectus dated June 7, 2005. N.Y.S.E. 1 Financial Services and Publications 15 N.A.S.D. 5 Underwriters 7,830 Dealers 21 Individuals & Corporations 903 MLPF&S Inc. Branch Offices 5,114 TOTAL 13,889 Copies Very truly yours, MERRILL LYNCH & CO. MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED BANC OF AMERICA SECURITIES LLC LEHMAN BROTHERS INC. HARRIS NESBITT CORP. JEFFERIES & COMPANY, INC. ROBERT W. BAIRD & CO. INCORPORATED As Representatives By: MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED By: /S/ HUGH H. HAYNES Name: Hugh H. Haynes Title: Authorized Signatory