SEC Comment Letter for GCP Applied Technologies Inc. (CIK 0001644440) — Mar 6, 2020
GCP Applied Technologies Inc. (CIK 0001644440)
Date: March 6, 2020 · CIK: 0001644440 · Accession: 0000000000-20-002054
AI Filing Summary & Sentiment
File numbers found in text: 001-37533
Show Raw Text
<DOCUMENT>
<TYPE>TEXT-EXTRACT
<SEQUENCE>2
<FILENAME>filename2.txt
<TEXT>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
DIVISION OF
CORPORATION FINANCE
March 5, 2020
Via Email
Viktor Sapezhnikov, Esq.
Wachtell, Lipton, Rosen & Katz
51 West 52nd Street
New York, NY 10019
Re: GCP Applied Technologies Inc.
Soliciting Material filed pursuant to Exchange Act Rule
14a-12
Filed on March 4, 2020
File No. 001-37533
Dear Mr. Sapezhnikov:
We have reviewed the filing above and have the following comments. In
some of our
comments, we may ask you to provide us with information so we may better
understand the
disclosure.
Please respond to this letter by amending the filing or by providing
the requested
information. If you do not believe our comments apply to the participants'
facts and
circumstances or do not believe an amendment is appropriate, please tell us
why in your
response.
After reviewing any amendment to the filing and the information you
provide in response
to this comment, we may have additional comments. All defined terms used in
this letter have
the same meaning as in the above filing unless otherwise indicated.
Soliciting Material Filed on March 4, 2020 pursuant to Exchange Act Rule
14a-12
1. We note that the materials posted to the Company's website on March 4,
2020 indicate
that Darex was divested "at a 15x multiple." With a view towards
disclosure, please
clarify how this 15x multiple was derived.
* * *
Viktor Sapezhnikov, Esq.
Wachtell, Lipton, Rosen & Katz
March 5, 2020
Page | 2
We remind you that the registrant 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.
Please direct any questions to Valian Afshar, Special Counsel, at (202)
551-8729, or me,
at (202) 551-3444.
Sincerely,
/s/ Perry J. Hindin
Perry J. Hindin
Special Counsel
Office of Mergers
and Acquisitions
cc: Adam O. Emmerich, Esq.
Gregory E. Ostling, Esq.
Wachtell, Lipton, Rosen & Katz
</TEXT>
</DOCUMENT>