SEC Comment Letter for Miso Robotics, Inc. (CIK 0001710670) — Feb 13, 2020
Miso Robotics, Inc. (CIK 0001710670)
Date: Feb. 13, 2020 · CIK: 0001710670 · Accession: 0000000000-20-001396
AI Filing Summary & Sentiment
File numbers found in text: 024-11112
Letter
February 13, 2020 Buck Jordan Chief Executive Officer Miso Robotics, Inc. 561 East Green Street Pasadena, CA 91101 Re:Miso Robotics, Inc. Amendment No. 1 to Offering Statement on Form 1-A Filed February 6, 2020 File No. 024-11112 Dear Mr. Jordan: We have reviewed your amended offering statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our comments 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 offering statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our November 21, 2019 letter. Amendment No. 1 to Offering Statement on Form 1-A General 1.In response to prior comment 12, you revised disclosure on page 4 to state that there have been "over 10 billion media impressions" of Flippy since 2016. Please revise to clarify the source from which you obtained this statistic and clarify how the unique visitors per month metric was used to arrive at this statistic. 2.We note your pre-money valuation of $80 million appearing on your offering page on SeedInvest.com. Tell us how this valuation is consistent with your most recent financial statements.
FirstName LastNameBuck Jordan Comapany NameMiso Robotics, Inc. February 13, 2020 Page 2 FirstName LastName Buck Jordan Miso Robotics, Inc. February 13, 2020 Page 2 You may contact Ryan Rohn, Staff Accountant, at (202) 551-3739 or Stephen Krikorian, Accounting Branch Chief, at (202) 551-3488 if you have questions regarding comments on the financial statements and related matters. Please contact Mitchell Austin, Staff Attorney, at (202) 551-3574 or Larry Spirgel, Office Chief, at (202) 551-3815 with any other questions. Sincerely, Division of Corporation Finance Office of Technology cc: Andrew Stephenson, Esq.
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February 13, 2020
Buck Jordan
Chief Executive Officer
Miso Robotics, Inc.
561 East Green Street
Pasadena, CA 91101
Re:Miso Robotics, Inc.
Amendment No. 1 to Offering Statement on Form 1-A
Filed February 6, 2020
File No. 024-11112
Dear Mr. Jordan:
We have reviewed your amended offering statement and have the following
comments. In some of our comments, we may ask you to provide us with information so we
may better understand your disclosure.
Please respond to this letter by amending your offering statement and providing the
requested information. If you do not believe our comments 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 offering statement and the information you
provide in response to these comments, we may have additional comments. Unless we note
otherwise, our references to prior comments are to comments in our November 21, 2019 letter.
Amendment No. 1 to Offering Statement on Form 1-A
General
1.In response to prior comment 12, you revised disclosure on page 4 to state that there have
been "over 10 billion media impressions" of Flippy since 2016. Please revise to clarify
the source from which you obtained this statistic and clarify how the unique visitors per
month metric was used to arrive at this statistic.
2.We note your pre-money valuation of $80 million appearing on your offering page on
SeedInvest.com. Tell us how this valuation is consistent with your most recent financial
statements.
FirstName LastNameBuck Jordan
Comapany NameMiso Robotics, Inc.
February 13, 2020 Page 2
FirstName LastName
Buck Jordan
Miso Robotics, Inc.
February 13, 2020
Page 2
You may contact Ryan Rohn, Staff Accountant, at (202) 551-3739 or Stephen Krikorian,
Accounting Branch Chief, at (202) 551-3488 if you have questions regarding comments on the
financial statements and related matters. Please contact Mitchell Austin, Staff Attorney, at (202)
551-3574 or Larry Spirgel, Office Chief, at (202) 551-3815 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Technology
cc: Andrew Stephenson, Esq.