SecProbe.io

Filing text and metadata
Intelligence Terminal Search Topics Monthly Activity About

SEC Comment Letter 0000000000-24-009218 to Real Messenger Corp (RMSG) (CIK 0001983324) (RMSG)

Real Messenger Corp (RMSG) (CIK 0001983324)
Date: Aug. 12, 2024 · CIK: 0001983324 · Accession: 0000000000-24-009218

AI Filing Summary & Sentiment

File numbers found in text: 333-273102

Date
August 12, 2024
Author
Office of Technology
Form
UPLOAD
Company
Real Messenger Corp (RMSG) (CIK 0001983324)

Letter

August 12, 2024 Kwai Hoi Ma Chief Executive Office Real Messenger Corp 695 Town Center Drive, Suite 1200 Costa Mesa, CA 92626 Re:Real Messenger Corp Amendment No. 10 to Registration Statement on Form F-4 Filed August 9, 2024 File No. 333-273102 Dear Kwai Hoi Ma: 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. Unless we note otherwise, any references to prior comments are to comments in our August 7, 2024 letter. Amendment No. 10 to Form F-4 Cover Page Pursuant to Section 4.2(b) of Amendment 5 to the Merger Agreement, the Purchaser will issue 6.4 million Ordinary shares, comprised of 2.8 million Class A Purchaser Ordinary Shares and 3.6 million Class B Purchaser Ordinary Shares. Annex A provides a breakdown that is comprised of 2.9 million Class A Purchaser Ordinary Shares and 3.5 million Class B Purchaser Ordinary Shares. Tell us why the settlement terms within the Amended Merger Agreement differ. In addition, the revised cover page disclosure indicates that Mr. Ma will hold 3.3 million PubCo Class B Ordinary shares and his wife will hold 1.2 million for a total of 4.5 million Class B Ordinary Shares while disclosures elsewhere in the filing continue to refer to the issuance of 3.6 million PubCo Class B and 2.8 million PubCo Class A Ordinary Share. Further, you refer to Mr. Ma and his family holding 4.6 million Pubco Class B Ordinary Shares on page 69. Please explain the 1.

August 12, 2024 Page 2 inconsistencies between the Merger Agreement and your revised cover page disclosures as well as the inconsistences within your filing. Revise as necessary. 2.Please provide us with the calculations to support your revised disclosures where you indicate that Real Messenger Shareholders will have approximately 89.6% of the aggregate voting power of all issued PubCo Ordinary Shares while Sponsor will have approximately 7.54%. Ensure your calculations are supported by the terms of the amended Merger Agreement. Nasdaq De-Listing Notice, page 20 3.We note that Nova Vision Acquisition Corp received a non-compliance notice from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC on August 8, 2024. Please revise this section to update the status of Nova Vision Acquisition Corp's NASDAQ listing as of the most recent practicable date. General 4.We note Nova Vision Acquisition filed a Form 8-K on August 12, 2024 indicating that at the August 6, 2024 Annual Meeting, shareholders approved the proposal to amend the company's amended and restated memorandum and articles of incorporation giving Nova Vision the right to extend the date by which to complete a business combination for six additional times from August 10, 2024 to February 10, 2025. Please revise your disclosures throughout the filing where you state Nova Vision "expects to hold its annual meeting" and discuss the outcome of such meeting. In addition, tell us whether any shareholders elected to redeem their shares as a result of such election and if so, ensure the pro forma financial statements are appropriately revised. 5.Please revise to include Amendment No. 5 to the Agreement and Plan of Merger or tell us why it is not required. Please contact Kathleen Collins at 202-551-3499 if you have questions regarding comments on the financial statements and related matters. Please contact Matthew Derby at 202- 551-3334 with any other questions. Sincerely, Division of Corporation Finance Office of Technology cc:Lawrence Venick

Show Raw Text
August 12, 2024
Kwai Hoi Ma
Chief Executive Office
Real Messenger Corp
695 Town Center Drive, Suite 1200
Costa Mesa, CA 92626
Re:Real Messenger Corp
Amendment No. 10 to Registration Statement on Form F-4
Filed August 9, 2024
File No. 333-273102
Dear Kwai Hoi Ma:
            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. Unless we note otherwise,
any references to prior comments are to comments in our August 7, 2024 letter.
Amendment No. 10 to Form F-4
Cover Page
Pursuant to Section 4.2(b) of Amendment 5 to the Merger Agreement, the Purchaser will
issue 6.4 million Ordinary shares, comprised of 2.8 million Class A Purchaser Ordinary
Shares and 3.6 million Class B Purchaser Ordinary Shares. Annex A provides a
breakdown that is comprised of 2.9 million Class A Purchaser Ordinary Shares and 3.5
million Class B Purchaser Ordinary Shares. Tell us why the settlement terms within the
Amended Merger Agreement differ. In addition, the revised cover page disclosure
indicates that Mr. Ma will hold 3.3 million PubCo Class B Ordinary shares and his wife
will hold 1.2 million for a total of 4.5 million Class B Ordinary Shares while disclosures
elsewhere in the filing continue to refer to the issuance of 3.6 million PubCo Class B and
2.8 million PubCo Class A Ordinary Share. Further, you refer to Mr. Ma and his family
holding 4.6 million Pubco Class B Ordinary Shares on page 69. Please explain the 1.

August 12, 2024
Page 2
inconsistencies between the Merger Agreement and your revised cover page disclosures
as well as the inconsistences within your filing. Revise as necessary.
2.Please provide us with the calculations to support your revised disclosures where you
indicate that Real Messenger Shareholders will have approximately 89.6% of the
aggregate voting power of all issued PubCo Ordinary Shares while Sponsor will have
approximately 7.54%. Ensure your calculations are supported by the terms of the
amended Merger Agreement.
Nasdaq De-Listing Notice, page 20
3.We note that Nova Vision Acquisition Corp received a non-compliance notice from the
staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC on
August 8, 2024. Please revise this section to update the status of  Nova Vision Acquisition
Corp's NASDAQ listing as of the most recent practicable date.
General
4.We note Nova Vision Acquisition filed a Form 8-K on August 12, 2024 indicating that at
the August 6, 2024 Annual Meeting, shareholders approved the proposal to amend the
company's amended and restated memorandum and articles of incorporation giving Nova
Vision the right to extend the date by which to complete a business combination for six
additional times from August 10, 2024 to February 10, 2025. Please revise your
disclosures throughout the filing where you state Nova Vision "expects to hold its annual
meeting" and discuss the outcome of such meeting. In addition, tell us whether any
shareholders elected to redeem their shares as a result of such election and if so, ensure
the pro forma financial statements are appropriately revised.
5.Please revise to include Amendment No. 5 to the Agreement and Plan of Merger or tell us
why it is not required.
            Please contact Kathleen Collins at 202-551-3499 if you have questions regarding
comments on the financial statements and related matters. Please contact Matthew Derby at 202-
551-3334 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Technology
cc:Lawrence Venick