SEC Comment Letter 0000000000-23-004082 to Airspan Networks Holdings Inc. (MIMOQ) (CIK 0001823882)
Airspan Networks Holdings Inc. (MIMOQ) (CIK 0001823882)
Date: April 24, 2023 · CIK: 0001823882 · Accession: 0000000000-23-004082
AI Filing Summary & Sentiment
File numbers found in text: 333-256137
Letter
United States securities and exchange commission logo April 24, 2023 David Brant Chief Financial Officer Airspan Networks Holdings Inc. 777 Yamato Road, Suite 310 Boca Raton, Florida 33431 Re:Airspan Networks Holdings Inc. Post-Effective Amendment No. 3 on Form S-1 to Form S-4 Filed March 30, 2023 File No. 333-256137 Dear David Brant: We have reviewed your post-effective amendment 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 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. Post-Effective Amendment No. 3 on Form S-1 to Form S-4 filed March 30, 2023 General 1.We note that on March 8, 2023, you entered into a definitive purchase agreement to sell Mimosa to Radisys for approximately $60 million in cash. Tell us how you considered the guidance in Rules 8-05 and 11-01(a)(4) of Regulation S-X in concluding whether pro forma financial information reflecting the planned disposition should be included in this filing pursuant to Item 11(e) of Form S-1. Please provide us with any supporting calculations of a determination that the disposition is not significant pursuant to Rule 1- 02(w) of Regulation S-X. 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
FirstName LastNameDavid Brant Comapany NameAirspan Networks Holdings Inc. April 24, 2023 Page 2 FirstName LastName David Brant Airspan Networks Holdings Inc. April 24, 2023 Page 2 action by the staff. Please contact Thomas Jones at 202-551-3602 or Geoff Kruczek at 202-551-3641 with any questions. Sincerely, Division of Corporation Finance Office of Manufacturing cc: David Marx
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United States securities and exchange commission logo
April 24, 2023
David Brant
Chief Financial Officer
Airspan Networks Holdings Inc.
777 Yamato Road, Suite 310
Boca Raton, Florida 33431
Re:Airspan Networks Holdings Inc.
Post-Effective Amendment No. 3 on Form S-1 to Form S-4
Filed March 30, 2023
File No. 333-256137
Dear David Brant:
We have reviewed your post-effective amendment 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 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.
Post-Effective Amendment No. 3 on Form S-1 to Form S-4 filed March 30, 2023
General
1.We note that on March 8, 2023, you entered into a definitive purchase agreement to sell
Mimosa to Radisys for approximately $60 million in cash. Tell us how you considered the
guidance in Rules 8-05 and 11-01(a)(4) of Regulation S-X in concluding whether pro
forma financial information reflecting the planned disposition should be included in this
filing pursuant to Item 11(e) of Form S-1. Please provide us with any supporting
calculations of a determination that the disposition is not significant pursuant to Rule 1-
02(w) of Regulation S-X.
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
FirstName LastNameDavid Brant
Comapany NameAirspan Networks Holdings Inc.
April 24, 2023 Page 2
FirstName LastName
David Brant
Airspan Networks Holdings Inc.
April 24, 2023
Page 2
action by the staff.
Please contact Thomas Jones at 202-551-3602 or Geoff Kruczek at 202-551-3641 with
any questions.
Sincerely,
Division of Corporation Finance
Office of Manufacturing
cc: David Marx