SEC Comment Letter 0000000000-23-012609 to GigaCloud Technology Inc (GCT) (CIK 0001857816) (GCT)
GigaCloud Technology Inc (GCT) (CIK 0001857816)
Date: Nov. 16, 2023 · CIK: 0001857816 · Accession: 0000000000-23-012609
AI Filing Summary & Sentiment
File numbers found in text: 001-41454
Letter
United States securities and exchange commission logo November 16, 2023 Larry Lei Wu Chief Executive Officer GigaCloud Technology Inc Unit A, 12/F, Shun Ho Tower 24-30 Ice House Street Central, Hong Kong Re:GigaCloud Technology Inc Form 20-F for Fiscal Year Ended December 31, 2022 File No. 001-41454 Dear Larry Lei Wu: We have limited our review of your filing to the financial statements and related disclosures and have the following comment. 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 20-F for Fiscal Year Ended December 31, 2022 Consolidated Financial Statements Notes to the Consolidated Financial Statements (y) Segment Reporting, page F-29 1.It appears from your disclosures on pages 104, 105, and 110 that you service global marketplaces including the U.S., the U.K., Germany and Japan, and have warehouses in those countries along with corporate headquarters in China. Please revise your footnotes to provide required geographic information in accordance with ASC 280-10-50-41 or tell us why this information is not required. In closing, 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.
FirstName LastNameLarry Lei Wu Comapany NameGigaCloud Technology Inc November 16, 2023 Page 2 FirstName LastName Larry Lei Wu GigaCloud Technology Inc November 16, 2023 Page 2 Please contact Stephen Kim at 202-551-3291 or Abe Friedman at 202-551-8298 with any questions. Sincerely, Division of Corporation Finance Office of Trade & Services
Show Raw Text
United States securities and exchange commission logo
November 16, 2023
Larry Lei Wu
Chief Executive Officer
GigaCloud Technology Inc
Unit A, 12/F, Shun Ho Tower
24-30 Ice House Street
Central, Hong Kong
Re:GigaCloud Technology Inc
Form 20-F for Fiscal Year Ended December 31, 2022
File No. 001-41454
Dear Larry Lei Wu:
We have limited our review of your filing to the financial statements and related
disclosures and have the following comment.
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 20-F for Fiscal Year Ended December 31, 2022
Consolidated Financial Statements
Notes to the Consolidated Financial Statements
(y) Segment Reporting, page F-29
1.It appears from your disclosures on pages 104, 105, and 110 that you service global
marketplaces including the U.S., the U.K., Germany and Japan, and have warehouses in
those countries along with corporate headquarters in China. Please revise your footnotes
to provide required geographic information in accordance with ASC 280-10-50-41 or tell
us why this information is not required.
In closing, 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.
FirstName LastNameLarry Lei Wu
Comapany NameGigaCloud Technology Inc
November 16, 2023 Page 2
FirstName LastName
Larry Lei Wu
GigaCloud Technology Inc
November 16, 2023
Page 2
Please contact Stephen Kim at 202-551-3291 or Abe Friedman at 202-551-8298 with any
questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services