SEC Comment Letter for YouNow, Inc. (CIK 0001725129) — May 22, 2020
YouNow, Inc. (CIK 0001725129)
Date: May 22, 2020 · CIK: 0001725129 · Accession: 0000000000-20-004604
AI Filing Summary & Sentiment
File numbers found in text: 024-11018
Letter
United States securities and exchange commission logo May 22, 2020 Adi Sideman President and Chief Executive Officer YouNow, Inc. 161 Bowery, 6th Floor New York, NY 10002 Re:YouNow, Inc. Offering Statement on Form 1-A Post-Qualification Amendment No. 7 Filed May 11, 2020 File No. 024-11018 Dear Mr. Sideman: 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 March 26, 2020 letter. Post Qualification Offering Circular Amendment No. 7 General 1.Please revise to discuss your migration to the Algorand blockchain, as disclosed in your Form 1-U filed April 30, 2020. You may contact Marc Thomas at 202-551-3452 or Hugh West at 202-551-3872 if you have questions regarding comments on the financial statements and related matters. Please contact Dana Brown at 202-551-3859 or Dietrich King at 202-551-8071 with any other questions.
FirstName LastNameAdi Sideman Comapany NameYouNow, Inc. May 22, 2020 Page 2 FirstName LastName Adi Sideman YouNow, Inc. May 22, 2020 Page 2 Sincerely, Division of Corporation Finance Office of Finance
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United States securities and exchange commission logo
May 22, 2020
Adi Sideman
President and Chief Executive Officer
YouNow, Inc.
161 Bowery, 6th Floor
New York, NY 10002
Re:YouNow, Inc.
Offering Statement on Form 1-A
Post-Qualification Amendment No. 7
Filed May 11, 2020
File No. 024-11018
Dear Mr. Sideman:
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 March 26, 2020 letter.
Post Qualification Offering Circular Amendment No. 7
General
1.Please revise to discuss your migration to the Algorand blockchain, as disclosed in your
Form 1-U filed April 30, 2020.
You may contact Marc Thomas at 202-551-3452 or Hugh West at 202-551-3872 if you
have questions regarding comments on the financial statements and related matters. Please
contact Dana Brown at 202-551-3859 or Dietrich King at 202-551-8071 with any other
questions.
FirstName LastNameAdi Sideman
Comapany NameYouNow, Inc.
May 22, 2020 Page 2
FirstName LastName
Adi Sideman
YouNow, Inc.
May 22, 2020
Page 2
Sincerely,
Division of Corporation Finance
Office of Finance