Correspondence 0001193125-24-006063 from BrightSpring Health Services, Inc. (BTSG)
BrightSpring Health Services, Inc.
Date: Jan. 10, 2024 · CIK: 0001865782 · Accession: 0001193125-24-006063
AI Filing Summary & Sentiment
File numbers found in text: 333-276348
Letter
SIMPSON THACHER & BARTLETT LLP
425 LEXINGTON AVENUE
NEW YORK, NY 10017-3954
(212) 455-2000
FACSIMILE (212) 455-2502
DIRECT DIAL NUMBER
(212) 455-2948
E-MAIL ADDRESS JKAUFMAN@STBLAW.COM
January 10, 2024
VIA EDGAR
Re: BrightSpring Health Services, Inc.
Registration Statement on Form S-1
File No. 333-276348
Securities and Exchange Commission
Division of Corporation Finance
Office of Industrial Applications and Services
F Street, N.E.
Washington D.C. 20549-3561
Ladies and Gentlemen:
On behalf of BrightSpring Health Services, Inc. (the “Company”), we are submitting this letter on a supplemental basis in order to facilitate the review by the staff (the “Staff”) of the Securities and Exchange Commission (the “Commission”) of the Company’s Registration Statement on Form S-1 (File No. 333-276348) (as amended, the “Registration Statement”).
Based on information currently available and current market conditions, the Company currently intends to offer its shares of common stock to the public utilizing a price range where the low end of the range will not be lower than $14.50 per share and where the high end of the range will not be higher than $18.50 per share, after giving effect to the approximately 15.423-for-1 stock split that the Company plans to effectuate prior to the consummation of this offering. On a pre-split basis, this would represent an anticipated price range of approximately $223.63 to $285.33 per share. The anticipated price range and contemplated stock split remain subject to change. The Company expects to include a bona fide estimated price range, as required by Item 501(b) of Regulation S-K, in an amendment to the Registration Statement to be filed prior to the commencement of the roadshow.
Please do not hesitate to call me at (212) 455-2948 with any questions or further comments regarding this submission.
Very truly yours,
/s/ Joseph H. Kaufman
Show Raw Text
CORRESP 1 filename1.htm CORRESP SIMPSON THACHER & BARTLETT LLP 425 LEXINGTON AVENUE NEW YORK, NY 10017-3954 (212) 455-2000 FACSIMILE (212) 455-2502 DIRECT DIAL NUMBER (212) 455-2948 E-MAIL ADDRESS JKAUFMAN@STBLAW.COM January 10, 2024 VIA EDGAR Re: BrightSpring Health Services, Inc. Registration Statement on Form S-1 File No. 333-276348 Securities and Exchange Commission Division of Corporation Finance Office of Industrial Applications and Services 100 F Street, N.E. Washington D.C. 20549-3561 Ladies and Gentlemen: On behalf of BrightSpring Health Services, Inc. (the “Company”), we are submitting this letter on a supplemental basis in order to facilitate the review by the staff (the “Staff”) of the Securities and Exchange Commission (the “Commission”) of the Company’s Registration Statement on Form S-1 (File No. 333-276348) (as amended, the “Registration Statement”). Based on information currently available and current market conditions, the Company currently intends to offer its shares of common stock to the public utilizing a price range where the low end of the range will not be lower than $14.50 per share and where the high end of the range will not be higher than $18.50 per share, after giving effect to the approximately 15.423-for-1 stock split that the Company plans to effectuate prior to the consummation of this offering. On a pre-split basis, this would represent an anticipated price range of approximately $223.63 to $285.33 per share. The anticipated price range and contemplated stock split remain subject to change. The Company expects to include a bona fide estimated price range, as required by Item 501(b) of Regulation S-K, in an amendment to the Registration Statement to be filed prior to the commencement of the roadshow. Please do not hesitate to call me at (212) 455-2948 with any questions or further comments regarding this submission. Very truly yours, /s/ Joseph H. Kaufman Joseph H. Kaufman cc: Securities and Exchange Commission Conlon Danberg Margaret Sawicki Kristin Lochhead Jeanne Baker BrightSpring Health Services, Inc. Jon Rousseau Simpson Thacher & Bartlett LLP Sunny Cheong Latham & Watkins LLP Marc Jaffe Ian Schuman