SEC Comment Letter 0000000000-23-005574 to Ebang International Holdings Inc. (EBON) (CIK 0001799290) (EBON)
Ebang International Holdings Inc. (EBON) (CIK 0001799290)
Date: May 25, 2023 · CIK: 0001799290 · Accession: 0000000000-23-005574
AI Filing Summary & Sentiment
File numbers found in text: 333-271512
Letter
United States securities and exchange commission logo May 25, 2023 Dong Hu Chairman, Chief Executive Officer and Chief Financial Officer Ebang International Holdings Inc. 12 Marina View #20-02B Asia Square Tower 2 Singapore, 01896 Re:Ebang International Holdings Inc. Registration Statement on Form F-3 Filed April 28, 2023 File No. 333-271512 Dear Dong Hu: We have limited our review of your registration statement to those issues we have addressed in our 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 registration 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 registration statement and the information you provide in response to these comments, we may have additional comments. Form F-3 Filed April 28, 2023 Cover Page 1.Please set forth on the cover page of the prospectus the calculation of the aggregate market value of your outstanding voting and non-voting common equity. Refer to General Instruction I.B.5 of Form F-3. 2.Clearly disclose how you will refer to the holding company, subsidiaries, and other entities when providing the disclosure throughout the document so that it is clear to investors which entity the disclosure is referencing and which subsidiaries or entities are conducting the business operations. Refrain from using terms such as “we” or “our” when
FirstName LastNameDong Hu Comapany NameEbang International Holdings Inc. May 25, 2023 Page 2 FirstName LastName Dong Hu Ebang International Holdings Inc. May 25, 2023 Page 2 describing activities or functions of a subsidiary or other entity. For example, disclose, if true, that your subsidiaries and/or other entities conduct operations in China, that the other entity is consolidated for accounting purposes but is not an entity in which you own equity, and that the holding company does not conduct operations. 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 Gregory Herbers at 202-551-8028 or Jay Ingram at 202-551-3397 with any other questions. Sincerely, Division of Corporation Finance Office of Manufacturing cc: Hermione Krumm
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United States securities and exchange commission logo
May 25, 2023
Dong Hu
Chairman, Chief Executive Officer and Chief Financial Officer
Ebang International Holdings Inc.
12 Marina View
#20-02B
Asia Square Tower 2
Singapore, 01896
Re:Ebang International Holdings Inc.
Registration Statement on Form F-3
Filed April 28, 2023
File No. 333-271512
Dear Dong Hu:
We have limited our review of your registration statement to those issues we have
addressed in our 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 registration 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 registration statement and the information you
provide in response to these comments, we may have additional comments.
Form F-3 Filed April 28, 2023
Cover Page
1.Please set forth on the cover page of the prospectus the calculation of the aggregate
market value of your outstanding voting and non-voting common equity. Refer
to General Instruction I.B.5 of Form F-3.
2.Clearly disclose how you will refer to the holding company, subsidiaries, and other
entities when providing the disclosure throughout the document so that it is clear to
investors which entity the disclosure is referencing and which subsidiaries or entities are
conducting the business operations. Refrain from using terms such as “we” or “our” when
FirstName LastNameDong Hu
Comapany NameEbang International Holdings Inc.
May 25, 2023 Page 2
FirstName LastName
Dong Hu
Ebang International Holdings Inc.
May 25, 2023
Page 2
describing activities or functions of a subsidiary or other entity. For example, disclose, if
true, that your subsidiaries and/or other entities conduct operations in China, that the other
entity is consolidated for accounting purposes but is not an entity in which you own
equity, and that the holding company does not conduct operations.
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 Gregory Herbers at 202-551-8028 or Jay Ingram at 202-551-3397 with any
other questions.
Sincerely,
Division of Corporation Finance
Office of Manufacturing
cc: Hermione Krumm