SEC Comment Letter for Corsair Gaming, Inc. (CRSR) (CIK 0001743759) (CRSR) — Aug 15, 2018
Corsair Gaming, Inc. (CRSR) (CIK 0001743759)
Date: Aug. 15, 2018 · CIK: 0001743759 · Accession: 0000000000-18-025344
AI Filing Summary & Sentiment
Reasoning
Letter
August 15, 2018 Andrew J. Paul Chief Executive Officer Corsair Gaming, Inc. 47100 Bayside Pkwy Fremont, CA 94538 Re:Corsair Gaming, Inc. Amendment No. 1 to Draft Registration Statement on Form S-1 Submitted August 10, 2018 CIK No. 0001743759 Dear Mr. Paul: We have reviewed your amended draft registration statement and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by providing the requested information and either submitting an amended draft registration statement or publicly filing your registration statement on EDGAR. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing the information you provide in response to this comment and your amended draft registration statement or filed registration statement, we may have additional comments. Draft Registration Statement Submitted August 10, 2018 Our Growth Strategy, page 7 1.We note your response to comment 2. It appears from your chart on page six that you have calculated the U.S. market share of four key categories of your gaming PC components group. It also appears that you based your calculation of your "Cooling Solutions" U.S. market share upon NPD Group data, per the key to the chart. Given the information already disclosed, please approximate your market share for gaming PC components or disclose in the prospectus why the company only provides comparable data for the gaming PC peripherals group.
FirstName LastNameAndrew J. Paul Comapany NameCorsair Gaming, Inc. August 15, 2018 Page 2 FirstName LastName Andrew J. Paul Corsair Gaming, Inc. August 15, 2018 Page 2 You may contact Claire Delabar, Senior Staff Accountant, at (202) 551-3349 or Terry French, Accounting Branch Chief, at (202) 551-3828 if you have questions regarding comments on the financial statements and related matters. Please contact William Mastrianna, Attorney- Adviser, at (202) 551-3778 or Larry Spirgel, Assistant Director, at (202) 551-3810 with any other questions. Sincerely, Division of Corporation Finance Office of Telecommunications
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August 15, 2018
Andrew J. Paul
Chief Executive Officer
Corsair Gaming, Inc.
47100 Bayside Pkwy
Fremont, CA 94538
Re:Corsair Gaming, Inc.
Amendment No. 1 to Draft Registration Statement on Form S-1
Submitted August 10, 2018
CIK No. 0001743759
Dear Mr. Paul:
We have reviewed your amended draft registration statement and have the following
comment. In our comment, we may ask you to provide us with information so we may better
understand your disclosure.
Please respond to this letter by providing the requested information and either submitting
an amended draft registration statement or publicly filing your registration statement on
EDGAR. If you do not believe our comment applies to your facts and circumstances or do not
believe an amendment is appropriate, please tell us why in your response.
After reviewing the information you provide in response to this comment and your
amended draft registration statement or filed registration statement, we may have additional
comments.
Draft Registration Statement Submitted August 10, 2018
Our Growth Strategy, page 7
1.We note your response to comment 2. It appears from your chart on page six that you
have calculated the U.S. market share of four key categories of your gaming PC
components group. It also appears that you based your calculation of your "Cooling
Solutions" U.S. market share upon NPD Group data, per the key to the chart. Given the
information already disclosed, please approximate your market share for gaming PC
components or disclose in the prospectus why the company only provides comparable
data for the gaming PC peripherals group.
FirstName LastNameAndrew J. Paul
Comapany NameCorsair Gaming, Inc.
August 15, 2018 Page 2
FirstName LastName
Andrew J. Paul
Corsair Gaming, Inc.
August 15, 2018
Page 2
You may contact Claire Delabar, Senior Staff Accountant, at (202) 551-3349 or Terry
French, Accounting Branch Chief, at (202) 551-3828 if you have questions regarding comments
on the financial statements and related matters. Please contact William Mastrianna, Attorney-
Adviser, at (202) 551-3778 or Larry Spirgel, Assistant Director, at (202) 551-3810 with any
other questions.
Sincerely,
Division of Corporation Finance
Office of Telecommunications