SEC Company Response from Datavault AI Inc. (DVLT) (CIK 0001682149) (DVLT) — Jul 2, 2018
Datavault AI Inc. (DVLT) (CIK 0001682149)
Date: July 2, 2018 · CIK: 0001682149 · Accession: 0001144204-18-036856
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 333-224267
Referenced dates: June 27, 2018, May 23, 2018
Letter
Office of Electronics and Machinery Securities and Exchange Commission Division of Corporation Finance Re: Summit Semiconductor, Inc. Amendment No. 3 to Registration Statement on Form S-1 (the “Registration Statement”) Filed June 22, 2018 File No. 333-224267
Dear Ms. Ravitz:
This letter responds to the Staff’s comment letter dated June 27, 2018, relating to the above-captioned Registration Statement. For your convenience, we have restated the Staff’s comment and have provided our response below such comment.
Prospectus Summary, page 2
1. We note your revised disclosure on page 17 indicating you are in default under disclosed indebtedness. Please apply comment 3 in our letter dated May 23, 2018 to your current registration statement. Specifically, given your disclosed default, please revise your prospectus summary to highlight, if true, that creditors can claim proceeds of this offering in absence of a waiver. Also, ensure your revised summary disclosure clarifies if any of these creditors are related persons as defined in Regulation S-K Item 404.
We have revised the disclosure in the prospectus summary section accordingly.
If you have any questions regarding our responses, please contact David E. Danovitch at 212-603-6300 or ded@robinsonbrog.com.
Sincerely,
/s/ Brett Moyer
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CORRESP
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filename1.htm
July 2, 2018
Amanda Ravitz
Assistant Director
Office of Electronics and Machinery
Securities and Exchange Commission
Division of Corporation Finance
100 F. Street NE
Washington, D.C. 20549
Re:
Summit Semiconductor, Inc.
Amendment No. 3 to Registration Statement on Form
S-1 (the “Registration Statement”)
Filed June 22, 2018
File No. 333-224267
Dear Ms. Ravitz:
This letter responds to the Staff’s
comment letter dated June 27, 2018, relating to the above-captioned Registration Statement. For your convenience, we have restated
the Staff’s comment and have provided our response below such comment.
Prospectus Summary, page 2
1. We note your revised disclosure on page 17 indicating
you are in default under disclosed indebtedness. Please apply comment 3 in our letter dated May 23, 2018 to your current registration
statement. Specifically, given your disclosed default, please revise your prospectus summary to highlight, if true, that creditors
can claim proceeds of this offering in absence of a waiver. Also, ensure your revised summary disclosure clarifies if any of these
creditors are related persons as defined in Regulation S-K Item 404.
We have revised the disclosure
in the prospectus summary section accordingly.
If you have any questions regarding our responses, please contact
David E. Danovitch at 212-603-6300 or ded@robinsonbrog.com.
Sincerely,
/s/ Brett Moyer
Chief Executive Officer