SEC Comment Letter 0000000000-24-007003 to Autozi Internet Technology (Global) Ltd. (AZI)
Autozi Internet Technology (Global) Ltd.
Date: June 18, 2024 · CIK: 0001959726 · Accession: 0000000000-24-007003
AI Filing Summary & Sentiment
File numbers found in text: 333-273166
Show Raw Text
United States securities and exchange commission logo
June 18, 2024
Houqi Zhang
Chief Executive Officer
Autozi Internet Technology (Global) Ltd.
Building B09, Intelligence Park No. 26
Yongtaizhuang North Road
Haidian District, Beijing, China
Re:Autozi Internet Technology (Global) Ltd.
Amendment No. 6 to Registration Statement on Form F-1
Filed June 11, 2024
File No. 333-273166
Dear Houqi Zhang:
We have reviewed your amended registration statement and have the following
comment(s).
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. Unless we note otherwise,
any references to prior comments are to comments in our June 5, 2024 letter.
Amendment No. 6 to Form F-1 Filed June 11, 2024
Dilution, page 95
1.You state in the third paragraph the pro forma as adjusted net tangible book value as of
September 30, 2023 does not take into account any other changes in net tangible book
value after September 30, 2023 other than to give effect to the sale of 2,500,000 Class A
ordinary shares offered in this offering. It appears you should also state it takes into
account the automatic conversion of all of the redeemable principal interests into
additional paid-in capital as permanent equity as depicted under Capitalization. Please
revise or advise.
Exhibit 5.1
2.Please revise the opinion in paragraph 4 to state that the Sale Shares also were validly
FirstName LastNameHouqi Zhang
Comapany NameAutozi Internet Technology (Global) Ltd.
June 18, 2024 Page 2
FirstName LastName
Houqi Zhang
Autozi Internet Technology (Global) Ltd.
June 18, 2024
Page 2
issued. Refer to Staff Legal Bulletin No. 19.
Exhibit 99.2
3.Please revise the assumption in paragraph A(1) to exclude persons acting for the PRC
Companies, as you are not permitted to assume their legal authority. Also revise the
definition of PRC Companies to include the natural persons acting therefor, so that none
of the assumptions apply to such persons. Revise the opinion in paragraph C(3) to state
that the statements in the section “Taxation - People’s Republic of China Taxation”
constitute your opinion. Refer to Staff Legal Bulletin No. 19.
Resale Prospectus, page ALT-1
4.Please revise the Selling Shareholders section to describe when and how the selling
shareholders obtained the shares they are offering for resale, as well as the exemption
from registration they relied upon at such time.
Please contact Keira Nakada at 202-551-3659 or Doug Jones at 202-551-3309 if you
have questions regarding comments on the financial statements and related matters. Please
contact Kelly Reed at 202-551-5332 or Lilyanna Peyser at 202-551-3222 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services
cc: Yang Ge, Esq.