SEC Comment Letter 0000000000-23-009350 to AIB Acquisition Corp (CIK 0001882963)
AIB Acquisition Corp (CIK 0001882963)
Date: Aug. 24, 2023 · CIK: 0001882963 · Accession: 0000000000-23-009350
AI Filing Summary & Sentiment
File numbers found in text: 001-41230
Letter
United States securities and exchange commission logo August 24, 2023 Eric Chen Chief Executive Director AIB Acquisition Corp 875 Third Avenue , Suite M204A New York, New York , 10022 Re:AIB Acquisition Corp Form 10-K for the fiscal year ended December 31, 2022 Filed March 29, 2023 File No. 001-41230 Dear Eric Chen: We have reviewed your filing and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this comment 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 our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this comment, we may have additional comments. Form 10-K for the fiscal year ended December 31, 2022 Risk Factors, page 15 1.We note disclosures in your Form 14A filed on December 30, 2022 indicating that your sponsor has significant ties to a non-U.S. person and the potential risks of your initial business combination being subject to a review by the Committee on Foreign Investment in the United States. Please include corresponding risk factor disclosure in future periodic reports and include an example of your intended disclosure in your response.
FirstName LastNameEric Chen Comapany NameAIB Acquisition Corp August 24, 2023 Page 2 FirstName LastName Eric Chen AIB Acquisition Corp August 24, 2023 Page 2 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. You may contact Joanna Lam at 202-551-3476 or Raj Rajan at 202-551-3388 with any questions. Sincerely, Division of Corporation Finance Office of Energy & Transportation
Show Raw Text
United States securities and exchange commission logo
August 24, 2023
Eric Chen
Chief Executive Director
AIB Acquisition Corp
875 Third Avenue , Suite M204A
New York, New York , 10022
Re:AIB Acquisition Corp
Form 10-K for the fiscal year ended December 31, 2022
Filed March 29, 2023
File No. 001-41230
Dear Eric Chen:
We have reviewed your filing and have the following comment. In our comment, we
may ask you to provide us with information so we may better understand your disclosure.
Please respond to this comment 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 our
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this comment, we may have additional comments.
Form 10-K for the fiscal year ended December 31, 2022
Risk Factors, page 15
1.We note disclosures in your Form 14A filed on December 30, 2022 indicating that your
sponsor has significant ties to a non-U.S. person and the potential risks of your initial
business combination being subject to a review by the Committee on Foreign Investment
in the United States. Please include corresponding risk factor disclosure in future periodic
reports and include an example of your intended disclosure in your response.
FirstName LastNameEric Chen
Comapany NameAIB Acquisition Corp
August 24, 2023 Page 2
FirstName LastName
Eric Chen
AIB Acquisition Corp
August 24, 2023
Page 2
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.
You may contact Joanna Lam at 202-551-3476 or Raj Rajan at 202-551-3388 with any
questions.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation