SEC Comment Letter 0000000000-24-011675 to Marex Group Ltd (MRX)
Marex Group Ltd
Date: Oct. 17, 2024 · CIK: 0001997464 · Accession: 0000000000-24-011675
AI Filing Summary & Sentiment
Letter
October 17, 2024 Ian Lowitt Chief Executive Officer Marex Group plc 155 Bishopsgate London EC2M 3TQ United Kingdom Re:Marex Group plc Draft Registration Statement on Form F-1 Submitted October 10, 2024 CIK No. 0001997464 Dear Ian Lowitt: We have reviewed your draft registration statement and have the following comment. Please respond to this letter by providing the requested information and either submitting an amended draft registration statement or publicly filing your registration statement on EDGAR. 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 the information you provide in response to this letter and your amended draft registration statement or filed registration statement, we may have additional comments. Draft Registration Statement on Form F-1 The market price of our ordinary shares could be negatively affected by future issuances, page 77 1.We note the last risk factor on page 77. Add a specific risk factor to address the impact of the sales of securities by the shareholders in this offering. Please revise your disclosure to identify the significant and affiliated selling shareholders referred to in the existing risk factor, as well as provide quantitative disclosure of the amount of shares sold by the selling shareholders in the IPO, and the amount expected to be sold in this offering.
October 17, 2024 Page 2 Please contact Madeleine Joy Mateo at 202-551-3465 or Christian Windsor at 202- 551-3419 with any other questions. Sincerely, Division of Corporation Finance Office of Finance cc:Jennifer M. Gascoyne, Esq.
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October 17, 2024
Ian Lowitt
Chief Executive Officer
Marex Group plc
155 Bishopsgate
London EC2M 3TQ
United Kingdom
Re:Marex Group plc
Draft Registration Statement on Form F-1
Submitted October 10, 2024
CIK No. 0001997464
Dear Ian Lowitt:
We have reviewed your draft registration statement and have the following comment.
Please respond to this letter by providing the requested information and either
submitting an amended draft registration statement or publicly filing your registration
statement on EDGAR. 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 the information you provide in response to this letter and your
amended draft registration statement or filed registration statement, we may have additional
comments.
Draft Registration Statement on Form F-1
The market price of our ordinary shares could be negatively affected by future issuances,
page 77
1.We note the last risk factor on page 77. Add a specific risk factor to address the
impact of the sales of securities by the shareholders in this offering. Please revise your
disclosure to identify the significant and affiliated selling shareholders referred to in
the existing risk factor, as well as provide quantitative disclosure of the amount of
shares sold by the selling shareholders in the IPO, and the amount expected to be sold
in this offering.
October 17, 2024
Page 2
Please contact Madeleine Joy Mateo at 202-551-3465 or Christian Windsor at 202-
551-3419 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Finance
cc:Jennifer M. Gascoyne, Esq.