Correspondence 0001213900-24-067375 from Onyx Acquisition Co. I (ONYX, ONYXU, ONYXW) (CIK 0001849548)
Onyx Acquisition Co. I (ONYX, ONYXU, ONYXW) (CIK 0001849548)
Date: Aug. 12, 2024 · CIK: 0001849548 · Accession: 0001213900-24-067375
AI Filing Summary & Sentiment
File numbers found in text: 001-41003
Referenced dates: August 6, 2024
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CORRESP
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Onyx Acquisition Co. I
104 5th Avenue
New York, New York 10011
August 12, 2024
VIA EDGAR
United States Securities and Exchange Commission
Division of Corporation Finance
Office of Real Estate & Construction
100 F Street, NE
Washington, D.C. 20549
Attention:
Ameen Hamady
Shannon Menjivar
Re:
Onyx Acquisition Co. I
Form 10-K for the year ended December 31, 2023
Filed on March 29, 2024
Form 10-Q for the period ended March 31, 2024
Filed on May 23, 2024
File No. 001-41003
Ladies and Gentlemen:
This letter sets forth the response of Onyx Acquisition
Co. I (the “Company”) to the comments of the staff of the Division of Corporation Finance (the “Staff”)
of the Securities and Exchange Commission (the “SEC”) set forth in your letter dated August 6, 2024, with respect
to the above referenced Form 10-K for the year ended December 31, 2023 and Form 10-Q for the period ended March 31, 2024. Concurrently
with the submission of this letter, the Company is filing Amendment No. 1 on Form 10-K for the year ended December 31, 2023 (the “Amended
Annual Report”) and Amendment No. 1 on Form 10-Q for the period ended March 31, 2024 (the “Amended Quarterly
Report”).
Set forth below are the Company’s responses
to the Staff’s comments. For the Staff’s convenience, we have incorporated your comments into this response letter in italics.
Form 10-K for the year ended December 31, 2023
Item 15. Exhibits, Financial Statement Schedules, page 79
1. Staff’s comment:
Please amend your filing to include updated Section 906 certifications of the chief executive and financial officers to reference
the correct period of the Form 10-K for the year ended December 31, 2023.
Response: The Company acknowledges
the Staff’s comment and respectfully advises the Staff that the Company will file the Amended Annual Report to include updated certifications
pertaining to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, and to reference the correct
period in the certification.
Form 10-Q for the period ended March 31, 2024
Item 6. Exhibits, page 28
2. Staff’s comment:
You omit the internal control over financial reporting language from the introductory portion of paragraph 4 of your Section
302 certifications, as well as paragraph 4(b). This language was required beginning with your first annual report that contained management’s
report on internal control over financial reporting and continues to be required in the Section 302 certifications of all periodic reports
filed thereafter. Please amend your filing to update your Section 302 certifications accordingly.
Response: The Company acknowledges the Staff’s
comment and respectfully advises the Staff that the Company will file the Amended Quarterly Report to include updated certifications pursuant
to Securities Exchange Act of 1934 Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002,
and to include the required language regarding internal controls over financial reporting.
*****
The Company respectfully requests the Staff’s
assistance in completing the review of the Amended Annual Report and Amended Quarterly Report as soon as possible. Please contact Ieuan
A. List of Kirkland & Ellis LLP at (512) 355-4375 with any questions or further comments regarding the responses to the Staff’s
comments.
Sincerely,
ONYX ACQUISITION CO. I
By:
/s/ Michael Stern
Name:
Michael Stern
Title:
Director, Chairman and Chief Executive Officer
Enclosures
cc:
Ieuan A. List, Kirkland & Ellis LLP