SEC Comment Letter 0000000000-24-002441 to Reddit, Inc. (RDDT) (CIK 0001713445) (RDDT)
Reddit, Inc. (RDDT) (CIK 0001713445)
Date: March 5, 2024 · CIK: 0001713445 · Accession: 0000000000-24-002441
AI Filing Summary & Sentiment
File numbers found in text: 333-277256
Letter
United States securities and exchange commission logo March 5, 2024 Steven Huffman Chief Executive Officer Reddit, Inc. 1455 Market Street, Suite 1600 San Francisco, California 94103 Re:Reddit, Inc. Registration Statement on Form S-1 Filed February 22, 2024 File No. 333-277256 Dear Steven Huffman: We have reviewed your registration statement and have the following comment. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe a comment applies 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 letter, we may have additional comments. Form S-1 filed February 22, 2024 Financial Statements Note 19. Subsequent Events, page F-33 1.Please expand the disclosure to include the amount of unrecognized stock compensation expense for the February 2024 grant of RSUs.
FirstName LastNameSteven Huffman Comapany NameReddit, Inc. March 5, 2024 Page 2 FirstName LastName Steven Huffman Reddit, Inc. March 5, 2024 Page 2 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. Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. Please contact Claire DeLabar at 202-551-3349 or Robert Littlepage at 202-551-3361 if you have questions regarding comments on the financial statements and related matters. Please contact Austin Pattan at 202-551-6756 or Jan Woo at 202-551-3453 with any other questions. Sincerely, Division of Corporation Finance Office of Technology cc: Sarah Axtell, Esq.
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United States securities and exchange commission logo
March 5, 2024
Steven Huffman
Chief Executive Officer
Reddit, Inc.
1455 Market Street, Suite 1600
San Francisco, California 94103
Re:Reddit, Inc.
Registration Statement on Form S-1
Filed February 22, 2024
File No. 333-277256
Dear Steven Huffman:
We have reviewed your registration statement and have the following comment.
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe a comment applies 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 letter, we may have additional comments.
Form S-1 filed February 22, 2024
Financial Statements
Note 19. Subsequent Events, page F-33
1.Please expand the disclosure to include the amount of unrecognized stock compensation
expense for the February 2024 grant of RSUs.
FirstName LastNameSteven Huffman
Comapany NameReddit, Inc.
March 5, 2024 Page 2
FirstName LastName
Steven Huffman
Reddit, Inc.
March 5, 2024
Page 2
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.
Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate
time for us to review any amendment prior to the requested effective date of the registration
statement.
Please contact Claire DeLabar at 202-551-3349 or Robert Littlepage at 202-551-3361 if
you have questions regarding comments on the financial statements and related matters. Please
contact Austin Pattan at 202-551-6756 or Jan Woo at 202-551-3453 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Technology
cc: Sarah Axtell, Esq.