SEC Comment Letter 0000000000-23-005694 to MultiMetaVerse Holdings Ltd (MMV, MMVWW) (CIK 0001874074)
MultiMetaVerse Holdings Ltd (MMV, MMVWW) (CIK 0001874074)
Date: May 30, 2023 · CIK: 0001874074 · Accession: 0000000000-23-005694
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 333-269609
Letter
United States securities and exchange commission logo May 30, 2023 Yiran Xu Chief Executive Officer MultiMetaVerse Holdings Limited Building D3, No. 718, Lingshi Road Jingan District Shanghai China Re:MultiMetaVerse Holdings Limited Amendment No. 1 to Registration Statement on Form F-1 Filed May 15, 2023 File No. 333-269609 Dear Yiran Xu: We have reviewed your amended registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our February 24, 2023 letter. Amendment No. 1 to Registration Statement on Form F-1 Cover Page 1.We note your response to prior comment 5. Please expand your disclosure on the cover page to expressly address how the recent statements and regulatory actions by China’s government have or may impact the company’s ability to conduct its business, accept foreign investments, or list on a U.S. or other foreign exchange.
FirstName LastNameYiran Xu Comapany NameMultiMetaVerse Holdings Limited May 30, 2023 Page 2 FirstName LastName Yiran Xu MultiMetaVerse Holdings Limited May 30, 2023 Page 2 Summary of the Prospectus, page 4 2.We note your response to prior comment 9 and your disclosure that "currently, no PRC laws and regulations are in force requiring that MMV obtain permission from PRC authorities to consummate this offering." Please provide an explanation as to whether you consulted counsel in determining that no permissions or approvals are required to offer the securities being registered to foreign investors and, if not, why you did not consult counsel and why you believe you do not need any permissions or approvals. Please contact Alexandra Barone, Staff Attorney, at (202) 551-8816 or Jeff Kauten, Staff Attorney, at (202) 551-3447 with any questions. Sincerely, Division of Corporation Finance Office of Technology cc: Jia Yan, Esq.
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United States securities and exchange commission logo
May 30, 2023
Yiran Xu
Chief Executive Officer
MultiMetaVerse Holdings Limited
Building D3, No. 718, Lingshi Road
Jingan District Shanghai
China
Re:MultiMetaVerse Holdings Limited
Amendment No. 1 to Registration Statement on Form F-1
Filed May 15, 2023
File No. 333-269609
Dear Yiran Xu:
We have reviewed your amended registration statement and have the following
comments. In some of our comments, we may ask you to provide us with information so we
may better understand your disclosure.
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe our comments apply to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
After reviewing any amendment to your registration statement and the information you
provide in response to these comments, we may have additional comments. Unless we note
otherwise, our references to prior comments are to comments in our February 24, 2023 letter.
Amendment No. 1 to Registration Statement on Form F-1
Cover Page
1.We note your response to prior comment 5. Please expand your disclosure on the cover
page to expressly address how the recent statements and regulatory actions by China’s
government have or may impact the company’s ability to conduct its business, accept
foreign investments, or list on a U.S. or other foreign exchange.
FirstName LastNameYiran Xu
Comapany NameMultiMetaVerse Holdings Limited
May 30, 2023 Page 2
FirstName LastName
Yiran Xu
MultiMetaVerse Holdings Limited
May 30, 2023
Page 2
Summary of the Prospectus, page 4
2.We note your response to prior comment 9 and your disclosure that "currently, no PRC
laws and regulations are in force requiring that MMV obtain permission from PRC
authorities to consummate this offering." Please provide an explanation as to whether you
consulted counsel in determining that no permissions or approvals are required to offer the
securities being registered to foreign investors and, if not, why you did not consult counsel
and why you believe you do not need any permissions or approvals.
Please contact Alexandra Barone, Staff Attorney, at (202) 551-8816 or Jeff Kauten, Staff
Attorney, at (202) 551-3447 with any questions.
Sincerely,
Division of Corporation Finance
Office of Technology
cc: Jia Yan, Esq.