SEC Comment Letter 0000000000-24-000084 to Chemours Co (CC) (CIK 0001627223) (CC)
Chemours Co (CC) (CIK 0001627223)
Date: Jan. 3, 2024 · CIK: 0001627223 · Accession: 0000000000-24-000084
AI Filing Summary & Sentiment
File numbers found in text: 001-36794
Letter
United States securities and exchange commission logo January 3, 2024 Jonathan Lock Senior Vice President, Chief Financial Officer Chemours Co 1007 Market Street Wilmington, Delaware 19801 Re:Chemours Co Form 10-K for Fiscal Year ended December 31, 2022 Form 8-K Filed February 9, 2023 Response dated December 22, 2023 File No. 001-36794 Dear Jonathan Lock: We have reviewed your December 22, 2023 response to our comment letter and have the following comment. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our December 13, 2023 letter. Form 8-K Filed February 9, 2023 Exhibit 99.1 1.We note your response to prior comment 2 regarding your presentation of adjusted EBITDA margin only at the segment level as your segment profit measure. However, we note within the Segment Financial and Operating Data section of your earnings press releases that you include the presentation of adjusted EBITDA margin at the consolidated level. As such, we continue to request that you present the most directly comparable financial measure or measures calculated and presented in accordance with US GAAP in accordance with Item 10(e)(1)(i)(A) of S-K.
FirstName LastNameJonathan Lock Comapany NameChemours Co January 3, 2024 Page 2 FirstName LastName Jonathan Lock Chemours Co January 3, 2024 Page 2 Please contact Tracey Houser at 202-551-3736 or Terence O'Brien at 202-551-3355 if you have questions regarding comments on the financial statements and related matters. Sincerely, Division of Corporation Finance Office of Industrial Applications and Services
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United States securities and exchange commission logo
January 3, 2024
Jonathan Lock
Senior Vice President, Chief Financial Officer
Chemours Co
1007 Market Street
Wilmington, Delaware 19801
Re:Chemours Co
Form 10-K for Fiscal Year ended December 31, 2022
Form 8-K Filed February 9, 2023
Response dated December 22, 2023
File No. 001-36794
Dear Jonathan Lock:
We have reviewed your December 22, 2023 response to our comment letter and have the
following comment.
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments. Unless
we note otherwise, any references to prior comments are to comments in our December 13, 2023
letter.
Form 8-K Filed February 9, 2023
Exhibit 99.1
1.We note your response to prior comment 2 regarding your presentation of adjusted
EBITDA margin only at the segment level as your segment profit measure. However, we
note within the Segment Financial and Operating Data section of your earnings press
releases that you include the presentation of adjusted EBITDA margin at the consolidated
level. As such, we continue to request that you present the most directly comparable
financial measure or measures calculated and presented in accordance with US GAAP in
accordance with Item 10(e)(1)(i)(A) of S-K.
FirstName LastNameJonathan Lock
Comapany NameChemours Co
January 3, 2024 Page 2
FirstName LastName
Jonathan Lock
Chemours Co
January 3, 2024
Page 2
Please contact Tracey Houser at 202-551-3736 or Terence O'Brien at 202-551-3355 if
you have questions regarding comments on the financial statements and related matters.
Sincerely,
Division of Corporation Finance
Office of Industrial Applications and
Services