SEC Comment Letter 0000000000-24-005129 to Montrose Environmental Group, Inc. (MEG) (CIK 0001643615) (MEG)
Montrose Environmental Group, Inc. (MEG) (CIK 0001643615)
Date: May 6, 2024 · CIK: 0001643615 · Accession: 0000000000-24-005129
AI Filing Summary & Sentiment
File numbers found in text: 001-39394
Letter
United States securities and exchange commission logo May 6, 2024 Allan Dicks Chief Financial Officer Montrose Environmental Group, Inc. 5120 Northshore Drive North Little Rock, Arkansas 72118 Re:Montrose Environmental Group, Inc. Form 10-K for Fiscal Year Ended December 31, 2023 Filed February 29, 2024 File No.001-39394 Dear Allan Dicks: We have limited our review of your filing to the financial statements and related disclosures and have the following comment(s). 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. Form 10-K for Fiscal Year Ended December 31, 2023 Notes to Consolidated Financial Statements 15. Commitments and Contingencies, page 95 1.We note from disclosure elsewhere in your filing that an emergency response team of five was killed when their aircraft crashed in February, 2023, and that you purchased a replacement aircraft for approximately $12 million. We note the legal contingency disclosure here does not indicate any ongoing litigation relating to or discussion of any insurance recovery for loss of the aircraft or deaths of these five employees. Please tell us in your response if you received any insurance proceeds related to this incident and whether you have settled or expect to make a settlement with regard to the deaths of these employees. In closing, 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.
FirstName LastNameAllan Dicks Comapany NameMontrose Environmental Group, Inc. May 6, 2024 Page 2 FirstName LastName Allan Dicks Montrose Environmental Group, Inc. May 6, 2024 Page 2 Please contact Amy Geddes at 202-551-3304 or Lyn Shenk at 202-551-3380 with any questions. Sincerely, Division of Corporation Finance Office of Trade & Services
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United States securities and exchange commission logo
May 6, 2024
Allan Dicks
Chief Financial Officer
Montrose Environmental Group, Inc.
5120 Northshore Drive
North Little Rock, Arkansas 72118
Re:Montrose Environmental Group, Inc.
Form 10-K for Fiscal Year Ended December 31, 2023
Filed February 29, 2024
File No.001-39394
Dear Allan Dicks:
We have limited our review of your filing to the financial statements and related
disclosures and have the following comment(s).
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.
Form 10-K for Fiscal Year Ended December 31, 2023
Notes to Consolidated Financial Statements
15. Commitments and Contingencies, page 95
1.We note from disclosure elsewhere in your filing that an emergency response team of five
was killed when their aircraft crashed in February, 2023, and that you purchased a
replacement aircraft for approximately $12 million. We note the legal contingency
disclosure here does not indicate any ongoing litigation relating to or discussion of any
insurance recovery for loss of the aircraft or deaths of these five employees. Please tell us
in your response if you received any insurance proceeds related to this incident and
whether you have settled or expect to make a settlement with regard to the deaths of these
employees.
In closing, 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.
FirstName LastNameAllan Dicks
Comapany NameMontrose Environmental Group, Inc.
May 6, 2024 Page 2
FirstName LastName
Allan Dicks
Montrose Environmental Group, Inc.
May 6, 2024
Page 2
Please contact Amy Geddes at 202-551-3304 or Lyn Shenk at 202-551-3380 with any
questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services