SEC Comment Letter for GoDaddy Inc. (GDDY) (CIK 0001609711) (GDDY) — Mar 6, 2015
GoDaddy Inc. (GDDY) (CIK 0001609711)
Date: March 6, 2015 · CIK: 0001609711 · Accession: 0000000000-15-013760
AI Filing Summary & Sentiment
File numbers found in text: 333-196615
Letter
March 6, 2015 Via E -Mail Blake J. Irving Chief Executive Officer GoDaddy Inc. 14455 N. Hayden Road Scottsdale, A Z 85260
Re: GoDaddy Inc. Amendment No. 6 to Registration Statement on Form S-1 Filed February 24, 201 5 File No. 333-196615
Dear Mr. Irving :
We have reviewed the above -referenced filing and have the following comments.
Unaudited Pro Forma Financial Information
Unaudited Pro Forma Consolidated Statement of Operations, page 71 1. Please tell us how you calculated the GoDaddy Inc. pro forma weighted -average shares outstanding from the Desert Newco weighted -average units outstanding for the year ended December 31, 2014, as disclosed on pa ge F-8, presented in the information you provided supplementally.
Unaudited Pro Forma Consolidated Balance Sheet, page 73 2. Please tell us how you calculated the adjustment for the non -controlling interest in the initial public offering adjustments column in the information you provided supplementally.
Notes to Consolidated Financial Statements
Note 15 . Subsequent Events, page F -36 3. Please revise to disclose the stock option grant on February 23, 2015, as well as the expected impact the additional grants will have on your financial statements , as it appears to be significant and occurred before the financial statements were available to be issued.
Blake J. Irving GoDaddy Inc. March 6 , 201 5 Page 2
You may contact Melissa Kindelan , Staff Accountant, at (202) 551 -3564 or Patrick Gilmore , Accounting Branch Chief, at (202) 551 -3406 if you have questions regarding comments on the financial statements and related matters. Please contact Luna Bloo m, Staff Attorney, at (202) 551 -3194 with any other questions. Should you require further assistance, you may cont act Mark P. Shuman, Legal Branch Chief, at (202) 551 -3462.
Sincerely,
/s/ Patrick Gilmore
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March 6, 2015 Via E -Mail Blake J. Irving Chief Executive Officer GoDaddy Inc. 14455 N. Hayden Road Scottsdale, A Z 85260 Re: GoDaddy Inc. Amendment No. 6 to Registration Statement on Form S-1 Filed February 24, 201 5 File No. 333-196615 Dear Mr. Irving : We have reviewed the above -referenced filing and have the following comments. Unaudited Pro Forma Financial Information Unaudited Pro Forma Consolidated Statement of Operations, page 71 1. Please tell us how you calculated the GoDaddy Inc. pro forma weighted -average shares outstanding from the Desert Newco weighted -average units outstanding for the year ended December 31, 2014, as disclosed on pa ge F-8, presented in the information you provided supplementally. Unaudited Pro Forma Consolidated Balance Sheet, page 73 2. Please tell us how you calculated the adjustment for the non -controlling interest in the initial public offering adjustments column in the information you provided supplementally. Notes to Consolidated Financial Statements Note 15 . Subsequent Events, page F -36 3. Please revise to disclose the stock option grant on February 23, 2015, as well as the expected impact the additional grants will have on your financial statements , as it appears to be significant and occurred before the financial statements were available to be issued. Blake J. Irving GoDaddy Inc. March 6 , 201 5 Page 2 You may contact Melissa Kindelan , Staff Accountant, at (202) 551 -3564 or Patrick Gilmore , Accounting Branch Chief, at (202) 551 -3406 if you have questions regarding comments on the financial statements and related matters. Please contact Luna Bloo m, Staff Attorney, at (202) 551 -3194 with any other questions. Should you require further assistance, you may cont act Mark P. Shuman, Legal Branch Chief, at (202) 551 -3462. Sincerely, /s/ Patrick Gilmore Patrick Gilmore Accounting Branch Chief cc: Via E -Mail Allison B. Spinner Wilson Sonsini Goodrich & Rosati, P.C.