SEC Comment Letter 0000000000-24-012830 to Baiya International Group Inc. (BIYA) (CIK 0001944712) (BIYA)
Baiya International Group Inc. (BIYA) (CIK 0001944712)
Date: Nov. 20, 2024 · CIK: 0001944712 · Accession: 0000000000-24-012830
AI Filing Summary & Sentiment
File numbers found in text: 333-275232
Letter
November 20, 2024 Siyu Yang Chief Executive Officer Baiya International Group Inc. Yifang Capital Industrial Park No. 33 Pingshan Industrial Road, Building A, 16F Tangxia, Dongguan, Guangdong, China Re:Baiya International Group Inc. Amendment No. 4 to Registration Statement on Form F-1 Filed November 8, 2024 File No. 333-275232 Dear Siyu Yang: We have reviewed your amended registration statement and have the following comments. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe a comment applies 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 this letter, we may have additional comments. Amendment No. 4 to Registration Statement on Form F-1 filed November 8, 2024 Capitalization, page 71 1.Your consolidated balance sheet at June 30, 2024 shows amounts due to related parties of $1,657,719. Please tell us your consideration of including indebtedness to related parties in the Capitalization table. Refer to Part I, Item 3(B) of Form 20-F and revise as necessary.
November 20, 2024 Page 2 Please contact Nasreen Mohammed at 202-551-3773 or Doug Jones at 202-551-3309 if you have questions regarding comments on the financial statements and related matters. Please contact Scott Anderegg at 202-551-3342 or Dietrich King at 202-551-8071 with any other questions. Sincerely, Division of Corporation Finance Office of Trade & Services cc:John P. Yung
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November 20, 2024
Siyu Yang
Chief Executive Officer
Baiya International Group Inc.
Yifang Capital Industrial Park
No. 33 Pingshan Industrial Road, Building A, 16F
Tangxia, Dongguan, Guangdong, China
Re:Baiya International Group Inc.
Amendment No. 4 to Registration Statement on Form F-1
Filed November 8, 2024
File No. 333-275232
Dear Siyu Yang:
We have reviewed your amended registration statement and have the following
comments.
Please respond to this letter by amending your registration statement and providing
the requested information. If you do not believe a comment applies 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 this letter, we may have additional comments.
Amendment No. 4 to Registration Statement on Form F-1 filed November 8, 2024
Capitalization, page 71
1.Your consolidated balance sheet at June 30, 2024 shows amounts due to related
parties of $1,657,719. Please tell us your consideration of including indebtedness to
related parties in the Capitalization table. Refer to Part I, Item 3(B) of Form 20-F and
revise as necessary.
November 20, 2024
Page 2
Please contact Nasreen Mohammed at 202-551-3773 or Doug Jones at 202-551-3309
if you have questions regarding comments on the financial statements and related
matters. Please contact Scott Anderegg at 202-551-3342 or Dietrich King at 202-551-8071
with any other questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services
cc:John P. Yung