SEC Company Response from Blink Charging Co. (BLNK) (CIK 0001429764) (BLNK) — Dec 7, 2017
Blink Charging Co. (BLNK) (CIK 0001429764)
Date: Dec. 7, 2017 · CIK: 0001429764 · Accession: 0001493152-17-014368
AI Filing Summary & Sentiment
File numbers found in text: 333-214461
Referenced dates: July 24, 2017
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CORRESP
1
filename1.htm
Blink
Charging Co.
3284
N 29th Court
Hollywood,
FL 33020-1320
December
7, 2017
VIA
EDGAR
Russell
Mancuso, Branch Chief
Office
of Electronics and Machinery
Mail
Stop 3030
Division
of Corporation Finance
Securities
and Exchange Commission
100
F Street N.E.
Washington,
D.C. 20549
Re:
Car
Charging Group, Inc. (now Blink Charging Co.)
Amendment
No. 2 to Registration Statement on Form S-1
Filed
July 6, 2017
File
No. 333-214461
Dear
Mr. Mancuso:
Blink
Charging Co. (formerly known as Car Charging Group, Inc.) (the “Company”) is in receipt of your comment letter dated
July 24, 2017 regarding the above referenced filing. As requested in your letter, we have provided responses to the questions
raised by the staff. For your convenience, the matters are listed below, followed by the Company’s responses:
Prospectus
Cover Page
1.
Clarify
whether investors have a choice of purchasing a warrant or a share of common stock. If you are offering a unit, please revise
throughout your registration statement to clarify, and revise your fee table as appropriate.
RESPONSE:
In
response to the staff’s comment, we have revised our registration statement to clarify that we are offering units. These
units will not be issued or certificated. In response to the staff’s comment, we have revised our fee table.
2.
Tell
us when you intend to complete the blanks that you currently have included regarding the offering price range. Also tell us
when information based on that range will be reflected in the related information throughout your registration statement.
RESPONSE:
On
August 28, 2017, our securities counsel and Tim Buchmiller of the Securities and Exchange Commission had a telephone conversation
regarding this comment. Our securities counsel clarified that the offering price will be based on the market price at the
time of the pricing of the offering and that, as a result, we are deleting the reference to an offering price range.
3.
You
indicate that the number of shares and warrants are based on an assumed public offering price of $9.25 per share. Revise to
disclose a fixed volume of securities that you are offering.
RESPONSE:
In
response to the staff’s comment, we have revised to disclose a fixed volume of securities that we are offering.
Russell
Mancuso, Branch Chief
Securities and Exchange Commission
December 7, 2017
Use
of Proceeds, page 29
4.
Disclose
in this section all obligations to be paid with proceeds of this offering. We note for example the tax obligations mentioned
on page 12 and payments to Mr. Farkas mentioned on page 78.
RESPONSE:
In
response to the staff’s comment, we have revised to disclose in the Use of Proceeds section on page 29 all obligations
to be paid with the proceeds of this offering including tax obligations and payments to Mr. Farkas.
5.
Please
clarify whether your reference on pages 62, 78 and 79 to securities “sold in in this offering” means that you
are intending the securities registered for sale by this registration statement to be issued to officers.
RESPONSE:
In
response to the staff’s comment, we have clarified that the Company will not be selling or issuing units registered
in the registration statement to officers.
Exhibits
6.
Please
tell us which exhibit represents the warrants to be sold in this offering.
RESPONSE:
We
will be filing the warrants to be sold in this offering as an exhibit (currently scheduled to be Exhibit 3.14) to a future
pre-effective amendment to the registration statement.
Sincerely,
Blink
Charing Co.
By:
/s/
Michael Calise
Name:
Michael
Calise
Title:
Chief
Executive Officer