SEC Comment Letter for Eledon Pharmaceuticals, Inc. (ELDN) (CIK 0001404281) (ELDN) — Jun 28, 2017
Eledon Pharmaceuticals, Inc. (ELDN) (CIK 0001404281)
Date: June 28, 2017 · CIK: 0001404281 · Accession: 0000000000-17-022740
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June 28, 2017
Gregory Flesher
President and Chief Executive Officer
Novus Therapeutics, Inc.
19900 MacArthur Blvd., Suite 550
Irvine, CA 92612
Novus Therapeutics, Inc.
Registration Statement on Form S-3
Filed on June 23, 2017
File No. 333-218949Re:
Dear Mr. Flesher:
We have limited our review of your registration statement to those issues we have
addressed in our comments. In some of our comments, we may ask you to provide us with
information so we may better understand your disclosure.
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe our comments apply to your facts and circumstances
or do not believe an amendment is appropriate, please tell us why in your response.
After reviewing any amendment to your registration statement and the information you
provide in response to these comments, we may have additional comments.
Gregory Flesher
Novus Therapeutics, Inc.
2 PageJune 28, 2017
Form S-3 filed June 23, 2017
Selling Securityholders, page 2
It appears that you intend to rely on General Instruction II.G. of Form S-3 in order to refer
to unnamed selling security holders in a generic manner by identifying the initial
transaction in which the securities were sold. For example, we note your disclosure on
page 3 that you will provide information about other selling security holders, except for
any future transferees, pledgees, donees or successors of the selling security holder named
in the selling securityholder table, in a prospectus supplement or amendment to the
registration statement. Please note that General Instruction II.G. is only available to
registrants eligible to register primary offerings on Form S-3 pursuant to General
Instruction I.B.1, for which you do not appear to be eligible. Please revise your
disclosure here and elsewhere to clarify that you must file a post-effective amendment to
add selling security holders to your registration statement and that a Rule 424(b)
prospectus supplement must be used to post-effectively update the selling security holder
table to reflect any transfers from a previously identified selling security holder. For
guidance, please refer to Question 140.03 of the Regulation S-K Compliance and
Disclosure Interpretations. 1.
Incorporation of Certain Information by Reference, page 6
Please incorporate by reference your Form 8-A filed September 12, 2014, as amended on
June 23, 2017. Please see Item 12(a)(3) of Form S-3 for guidance.2.
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate
time for us to review any amendment prior to the requested effective date of the registration
statement.
Please contact Irene Paik at (202) 551-6553 with any questions.
Division of Corporation Finance
Office of Healthcare & Insurance
cc: Ryan Murr, Esq., Gibson, Dunn & Crutcher LLP