SEC Comment Letter 0000000000-23-006580 to Acri Capital Acquisition Corp (ACAC, ACACU, ACACW) (CIK 0001914023)
Acri Capital Acquisition Corp (ACAC, ACACU, ACACW) (CIK 0001914023)
Date: June 20, 2023 · CIK: 0001914023 · Accession: 0000000000-23-006580
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File numbers found in text: 001-41415
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United States securities and exchange commission logo
June 20, 2023
Joy Yi Hua
Chief Executive Officer
Acri Capital Acquisition Corp
13284 Pond Springs Road, Suite 405
Austin, Texas 78729
Re:Acri Capital Acquisition Corp
Form 10-K for the Fiscal Year Ended December 31, 2022
Filed March 30, 2023
File No. 001-41415
Dear Joy Yi Hua:
We have limited our review of your filing to the financial statements and related
disclosures 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 these comments 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
comments apply to your facts and circumstances, please tell us why in your response.
After reviewing your response to these comments, we may have additional comments.
Form 10-K for the Fiscal Year Ended December 31, 2022
General
1.We note disclosures in your Definitive Proxy Statement filed on June 7, 2023 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 disclosure in future
periodic reports.
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.
You may contact Steve Lo at 202-551-3394 or Kimberly Calder at 202-551-3701 with
any questions.
FirstName LastNameJoy Yi Hua
Comapany NameAcri Capital Acquisition Corp
June 20, 2023 Page 2
FirstName LastName
Joy Yi Hua
Acri Capital Acquisition Corp
June 20, 2023
Page 2
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation
cc: Arila E. Zhou, Esq.