SEC Comment Letter 0000000000-23-010107 to Maplebear Inc. (CART) (CIK 0001579091) (CART)
Maplebear Inc. (CART) (CIK 0001579091)
Date: Sept. 13, 2023 · CIK: 0001579091 · Accession: 0000000000-23-010107
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File numbers found in text: 333-274213
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United States securities and exchange commission logo
September 13, 2023
Fidji Simo
Chief Executive Officer
Maplebear Inc.
50 Beale Street, Suite 600
San Francisco, CA 94105
Re:Maplebear Inc.
Amendment No. 1 to Registration Statement on Form S-1
Filed September 11, 2023
File No. 333-274213
Dear Fidji Simo:
We have reviewed your amended registration statement and have the following
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.
Amendment No. 1 to Registration Statement on Form S-1
Capitalization, page 98
1.Please provide us with your computation of the additional paid-in capital amounts in the
pro forma and pro forma as adjusted columns.
Dilution, page 101
2.Please provide us with your computation of historical net tangible book deficit, pro forma
net tangible book value, and pro forma as adjusted net tangible book value as of June 30,
2023.
FirstName LastNameFidji Simo
Comapany NameMaplebear Inc.
September 13, 2023 Page 2
FirstName LastName
Fidji Simo
Maplebear Inc.
September 13, 2023
Page 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.
You may contact Suying Li at 202-551-3335 or Theresa Brillant at 202-551-3307 if you
have questions regarding comments on the financial statements and related matters. Please
contact Alyssa Wall at 202-551-8106 or Jennifer López Molina at 202-551-3792 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services
cc: Jon Avina