SEC Comment Letter for Evolent Health, Inc. (EVH) (CIK 0001628908) (EVH) — Aug 8, 2016
Evolent Health, Inc. (EVH) (CIK 0001628908)
Date: Aug. 8, 2016 · CIK: 0001628908 · Accession: 0000000000-16-087689
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File numbers found in text: 333-212709
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Mail Stop 3233 August 8, 2016 Via E -mail Jonathan Weinberg, Esq. General Counsel Evolent Health, Inc. 800 N. Glebe Road, Suite 500 Arlington, Virginia 22203 Re: Evolent Health, Inc. Registration Statement on Form S-3 Filed July 28, 2016 File No. 333-212709 Dear Mr. Weinberg : We have limited our review of your registration statement to those issues we have addressed in our comment. Please respond to this letter by amending your registration statement and providing the requested information . If you do not believe our comment 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 this comment , we may have additional comments. General 1. It appears that you are registering this transaction as a resale pursuant to Rule 415(a)(1)(i) of Regulation C. Considering the amounts being registered, as compared to that outstanding, please tell us whether the selling shareholders are considered affiliates and provide an analysis explaining your basis for relying on Rule 415(a)(1)(i) and concluding that this transaction is not being conducted by or on behalf of the issuer. Refer to Compliance and Disclosure Interpretations, Securities Act Rules, Question 612.09. We urge all persons who are responsible for the accuracy and adequacy of the disclosure in the filing to be certain that the filing includes the information the Securities Act of 193 3 and all applicable Securities Act rules require. Since the company and its management are in possession of all facts relating to a company’s disclosure, they are responsible for the accuracy and adequacy of the disclosures they have made. Jonathan Weinberg, Esq. Evolent Health, Inc. August 8, 2016 Page 2 Notwithstanding our comment , in the event you request acceleration of the effective date of the pending registration statement , please provide a written statement from the company acknowledging that: should the Commission or the staff, acting pursuant to delegated authority, declare the filing effective, it does not foreclose the Commission from taking any action with respect to the filing; the action of the Commission or the staff, acting pursuant to delegated authority, in declaring the filing effective, does not relieve the company from its full responsibility for the adequacy and accuracy of the disclosure in the filing; and the company may not assert staff comments and the declaration of effectiveness as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. Please refer to Rules 460 and 461 regarding reques ts for acceleration . We will consider a written request for acceleration of the effective date of the registration statement as confirmation of the fact that those requesting acceleration are aware of their respective responsibilities under the Securities Act of 1933 and the Securities Exchange Act of 1934 as they relate to the proposed public offering of the securities specified in the above registration statement. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. Please contact Bryan Hough, Staff Attorney, at (202) 551 -8625 or me at (202) 551 -3758 with any other questions. Sincerely, /s/ Sandra B. Hunter Sandra B. Hunter Staff Attorney Office of Real Estate and Commodities cc: William V. Fogg, Esq. (via E -Mail) Cravath, Swaine & Moore LLP