Correspondence 0001552781-24-000377 from COASTAL FINANCIAL CORP (CCB) (CIK 0001437958) (CCB)
COASTAL FINANCIAL CORP (CCB) (CIK 0001437958)
Date: June 11, 2024 · CIK: 0001437958 · Accession: 0001552781-24-000377
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File numbers found in text: 333-279879
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CORRESP 1 filename1.htm COASTAL FINANCIAL CORPORATION 5415 Evergreen Way Everett, WA 98203 June 11, 2024 Via EDGAR U.S. Securities and Exchange Commission Division of Corporation Finance 100 F Street, N.E. Washington, D.C. 20549 Attn: Aisha Adegbuyi Re: Coastal Financial Corporation Registration Statement on Form S-3 Filed on May 31, 2024 File No. 333-279879 Ladies and Gentlemen: Pursuant to Rule 461 under the Securities Act of 1933, as amended, Coastal Financial Corporation, a Washington corporation (the “Company”), hereby requests that the effective date of the above-referenced registration statement on Form S-3 (the “Registration Statement”) be accelerated so that the Registration Statement may become effective at 4:30 p.m. Eastern Time on June 13, 2024, or as soon thereafter as is practicable, or such other time as the Company or its counsel, Covington & Burling LLP, may request by telephone that such Registration Statement be declared effective. We respectfully request that we be notified of such effectiveness by a telephone call to Charlotte May of Covington & Burling LLP at (202) 662-5732 and that such effectiveness also be confirmed in writing. In addition, please notify Ms. May by telephone when this request for acceleration has been granted. Very truly yours, COASTAL FINANCIAL CORPORATION By: /s/ Joel G. Edwards Name: Joel G. Edwards Title: Executive Vice President and Chief Financial Officer cc: Charlotte May, Covington & Burling LLP