SEC Comment Letter 0000000000-23-013152 to Investcorp India Acquisition Corp (IVCA, IVCAU, IVCAW) (CIK 0001852889) (IVCAF)
Investcorp India Acquisition Corp (IVCA, IVCAU, IVCAW) (CIK 0001852889)
Date: Dec. 4, 2023 · CIK: 0001852889 · Accession: 0000000000-23-013152
AI Filing Summary & Sentiment
File numbers found in text: 001-41383
Letter
United States securities and exchange commission logo December 4, 2023 Nikhil Kalghatgi Principal Executive Officer and Director Investcorp India Acquisition Corp Century Yard, Cricket Square Elgin Avenue PO Box 1111 George Town Grand Cayman, Cayman Islands KY1-1102 Re:Investcorp India Acquisition Corp Form 10-K for the year ended December 31, 2022 Filed April 17, 2023 Form 10-Q for the interim period ending June 30, 2023 Filed August 17, 2023 File No. 001-41383 Dear Nikhil Kalghatgi: We have reviewed your filing and have the following comment(s). Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Form 10-K for the year ended December 31, 2022 General 1.Reference is made to risk factor disclosures within your definitive proxy statement filed on July 19, 2023, where you acknowledge foreign ties and discuss the impact on your ability to complete your initial business combination. Please revise future periodic filings to include the same disclosure. Form 10-Q for the interim period ending June 30, 2023 Note 10. Subsequent Events, page 18 2.Please tell us and revise future filings to disclose how the promissory note will be settled
FirstName LastNameNikhil Kalghatgi Comapany NameInvestcorp India Acquisition Corp December 4, 2023 Page 2 FirstName LastName Nikhil Kalghatgi Investcorp India Acquisition Corp December 4, 2023 Page 2 if a business combination does not take place by the prescribed date. 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. Please contact Paul Cline at 202-551-3851 or Wilson Lee at 202-551-3468 if you have questions regarding comments on the financial statements and related matters. Sincerely, Division of Corporation Finance Office of Real Estate & Construction
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United States securities and exchange commission logo
December 4, 2023
Nikhil Kalghatgi
Principal Executive Officer and Director
Investcorp India Acquisition Corp
Century Yard, Cricket Square
Elgin Avenue
PO Box 1111
George Town
Grand Cayman, Cayman Islands KY1-1102
Re:Investcorp India Acquisition Corp
Form 10-K for the year ended December 31, 2022
Filed April 17, 2023
Form 10-Q for the interim period ending June 30, 2023
Filed August 17, 2023
File No. 001-41383
Dear Nikhil Kalghatgi:
We have reviewed your filing and have the following comment(s).
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments.
Form 10-K for the year ended December 31, 2022
General
1.Reference is made to risk factor disclosures within your definitive proxy statement filed
on July 19, 2023, where you acknowledge foreign ties and discuss the impact on your
ability to complete your initial business combination. Please revise future periodic filings
to include the same disclosure.
Form 10-Q for the interim period ending June 30, 2023
Note 10. Subsequent Events, page 18
2.Please tell us and revise future filings to disclose how the promissory note will be settled
FirstName LastNameNikhil Kalghatgi
Comapany NameInvestcorp India Acquisition Corp
December 4, 2023 Page 2
FirstName LastName
Nikhil Kalghatgi
Investcorp India Acquisition Corp
December 4, 2023
Page 2
if a business combination does not take place by the prescribed date.
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.
Please contact Paul Cline at 202-551-3851 or Wilson Lee at 202-551-3468 if you have
questions regarding comments on the financial statements and related matters.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction