Correspondence 0001213900-23-005337 from Near Intelligence, Inc. (CIK 0001826671)
Near Intelligence, Inc. (CIK 0001826671)
Date: Jan. 26, 2023 · CIK: 0001826671 · Accession: 0001213900-23-005337
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File numbers found in text: 333-265952
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CORRESP
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KludeIn I Acquisition Corp.
1096 Keeler Avenue
Berkeley, CA 94708
VIA EDGAR
January 26, 2023
U.S. Securities & Exchange Commission
Division of Corporation Finance
Office of Technology
Washington, D.C. 20549
Attn: Mr. Matthew Crispino
Re:
Re: KludeIn I Acquisition Corp.
Amendment No. 6 to Registration Statement on Form S-4
Filed January 17, 2023
File No. 333-265952
Dear Mr. Crispino
KludeIn I Acquisition Corp.
(the “Company,” “KludeIn,” “we,” “our” or “us”)
hereby transmits the Company’s response to the comment letter received from the staff (the “Staff”) of the U.S.
Securities and Exchange Commission (the “Commission”), on January 24, 2023, regarding the Amendment No. 6 to Registration
Statement on Form S-4 submitted to the Commission on January 17, 2022. For the Staff’s convenience, we have repeated below the Staff’s
comments in bold, and have followed each comment with the Company’s response.
Amendment No. 6 to Form S-4
Basis of Presentation and Glossary, page 2
1. Please revise your definition of minimum cash condition here to disclose the revised terms as amended
pursuant to the January 17, 2023 amendment to the Merger Agreement.
The Company respectfully acknowledges the Staff’s comment
and advises the Staff that it has updated its disclosure on page 4.
Summary of the Proxy Statement/Prospectus
Waiver of Certain Lock-Up Restrictions, page 18
2. Please revise to explain how releasing the Near securities from the lock-up restrictions assists KludeIn with satisfying Nasdaq listing
requirements.
The Company respectfully acknowledges the Staff’s comment
and advises the Staff that it has updated its disclosure on pages 18, 121 and 135.
Executive Compensation of Near, page 266
3. Please update this section to disclose compensation paid to Near’s executives for the year ended December 31, 2022.
The Company respectfully acknowledges the Staff’s comment
and advises the Staff that it has updated its disclosure on pages 266 - 268.
****
We thank the Staff for its review of the foregoing
and the Registration Statement. If you have further comments, please feel free to contact to our counsel, Benjamin Reichel at breichel@egsllp.com
or by telephone at (212) 370-1300.
Sincerely,
/s/ Mini Krishnamoorthy
Mini Krishnamoorthy, Chief Financial Officer of KludeIn I Acquisition Corp.
cc: Ellenoff Grossman & Schole LLP