SEC Company Response from Summit Hotel Properties, Inc. (INN, INN-PE, INN-PF) (CIK 0001497645) (INN) — Feb 4, 2011
Summit Hotel Properties, Inc. (INN, INN-PE, INN-PF) (CIK 0001497645)
Date: Feb. 4, 2011 · CIK: 0001497645 · Accession: 0000950123-11-009252
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 333-168686
Letter
Re:
February 4, 2011
Securities and Exchange Commission
100 F. Street, N.E.
Washington, D.C. 20549
Summit Hotels Properties, Inc.
Registration on Form S-11 (File No. 333-168686)
Ladies and Gentlemen:
As underwriters of the proposed public offering of up to 23,000,000 shares of common stock of Summit Hotel Properties, Inc. (the “Company”), we hereby join the Company’s request for acceleration of the above-referenced Registration Statement, requesting effectiveness for 4:00 p.m. (NYT) on February 8, 2011, or as soon thereafter as is practicable.
Pursuant to Rule 460 of the General Rules and Regulations under the Securities Act of 1933, we wish to advise you that we have effected the following distribution of the Company’s Preliminary Prospectus dated January 28, 2011, through the date hereof:
Preliminary Prospectus:
Three thousand four hundred ninety (3,490) copies to prospective Underwriters, institutional investors, dealers and others.
We were advised on February 4, 2011 by the Corporate Financing Department of the Financial Industry Regulatory Authority, Inc. that it has reviewed the proposed offering and that it has determined to raise no objections with respect to the fairness and reasonableness of the underwriting terms and arrangements of the offering.
The undersigned advise that they have complied and will continue to comply with Rule 15c2-8 under the Securities Exchange Act of 1934.
[Signature Page follows]
Very truly yours,
DEUTSCHE BANK SECURITIES INC.
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CORRESP
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corresp
February 4, 2011
Securities and Exchange Commission
100 F. Street, N.E.
Washington, D.C. 20549
Re:
Summit Hotels Properties, Inc.
Registration on Form S-11 (File No. 333-168686)
Ladies and Gentlemen:
As underwriters of the proposed public offering of up to 23,000,000 shares of common stock of
Summit Hotel Properties, Inc. (the “Company”), we hereby join the Company’s request for
acceleration of the above-referenced Registration Statement, requesting effectiveness for 4:00 p.m.
(NYT) on February 8, 2011, or as soon thereafter as is practicable.
Pursuant to Rule 460 of the General Rules and Regulations under the Securities Act of 1933, we
wish to advise you that we have effected the following distribution of the Company’s Preliminary
Prospectus dated January 28, 2011, through the date hereof:
Preliminary Prospectus:
Three thousand four hundred ninety (3,490) copies to prospective Underwriters, institutional
investors, dealers and others.
We were advised on February 4, 2011 by the Corporate Financing Department of the Financial
Industry Regulatory Authority, Inc. that it has reviewed the proposed offering and that it has
determined to raise no objections with respect to the fairness and reasonableness of the
underwriting terms and arrangements of the offering.
The undersigned advise that they have complied and will continue to comply with Rule
15c2-8 under the Securities Exchange Act of 1934.
[Signature Page follows]
Very truly yours,
DEUTSCHE BANK SECURITIES INC.
ROBERT W. BAIRD & CO. INCORPORATED
RBC CAPITAL MARKETS, LLC
As representatives of the several Underwriters
By:
DEUTSCHE BANK SECURITIES INC.
By:
/s/ Jeremy Fox
Name:
Jeremy Fox
Title:
Managing Director
By:
/s/ Frank Windels
Name:
Frank Windels
Title:
Director
By:
ROBERT W. BAIRD & CO. INCORPORATED
By:
/s/ Justin Glasgow
Name:
Justin Glasgow
Title:
Vice President
By:
RBC CAPITAL MARKETS, LLC
By:
/s/ Scott M. Merkle
Name:
Scott M. Merkle
Title:
Director
[Signature Page to Acceleration Request]