SEC Comment Letter 0000000000-24-011204 to Everus Construction Group, Inc. (ECG) (CIK 0002015845) (ECG)
Everus Construction Group, Inc. (ECG) (CIK 0002015845)
Date: Oct. 4, 2024 · CIK: 0002015845 · Accession: 0000000000-24-011204
AI Filing Summary & Sentiment
File numbers found in text: 001-42276
Letter
October 4, 2024 Jeffrey Thiede President and Chief Executive Officer Everus Construction Group, Inc. 1730 Burnt Boat Drive Bismarck, ND 58503 Re:Everus Construction Group, Inc. Registration Statement on Form 10-12B Filed September 12, 2024 File No. 001-42276 Dear Jeffrey Thiede: We have reviewed your filing and have the following comments. Please respond to this letter 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 a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response and any amendment you may file in response to this letter, we may have additional comments. Registration Statement on Form 10-12B filed September 12, 2024 Exhibit 99.1 Information Statement of Everus Construction Group, Inc. Description of Material Indebtedness, page 149 1.We note that you will enter into a five-year credit agreement whereby you will have the capacity to incur indebtedness of up to $525 million. Please disclose all material terms of the agreement and file the agreement as an exhibit when available. See Item 601(b) of Regulation S-K. Exhibits 2.We note that the separation and distribution agreement filed as exhibit 2.1 and the transition services agreement filed as exhibit 10.1 refer to schedules and exhibits that are not included within the filed exhibits. Please file your complete agreements or comply with the requirements of Item 601(b)(2) of Regulation S-K if you are relying on that item to omit the schedules and exhibits to the agreements.
October 4, 2024 Page 2 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. Please contact Peter McPhun at 202-551-3581 or Isaac Esquivel at 202-551-3395 if you have questions regarding comments on the financial statements and related matters. Please contact Kibum Park at 202-551-6836 or Isabel Rivera at 202-551-3518 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc:John L. Robinson, Esq.
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October 4, 2024
Jeffrey Thiede
President and Chief Executive Officer
Everus Construction Group, Inc.
1730 Burnt Boat Drive
Bismarck, ND 58503
Re:Everus Construction Group, Inc.
Registration Statement on Form 10-12B
Filed September 12, 2024
File No. 001-42276
Dear Jeffrey Thiede:
We have reviewed your filing and have the following comments.
Please respond to this letter 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 a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response and any amendment you may file in response to this letter,
we may have additional comments.
Registration Statement on Form 10-12B filed September 12, 2024
Exhibit 99.1 Information Statement of Everus Construction Group, Inc.
Description of Material Indebtedness, page 149
1.We note that you will enter into a five-year credit agreement whereby you will have the
capacity to incur indebtedness of up to $525 million. Please disclose all material terms of
the agreement and file the agreement as an exhibit when available. See Item 601(b) of
Regulation S-K.
Exhibits
2.We note that the separation and distribution agreement filed as exhibit 2.1 and the
transition services agreement filed as exhibit 10.1 refer to schedules and exhibits that are
not included within the filed exhibits. Please file your complete agreements or comply
with the requirements of Item 601(b)(2) of Regulation S-K if you are relying on that item
to omit the schedules and exhibits to the agreements.
October 4, 2024
Page 2
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.
Please contact Peter McPhun at 202-551-3581 or Isaac Esquivel at 202-551-3395 if you
have questions regarding comments on the financial statements and related matters. Please
contact Kibum Park at 202-551-6836 or Isabel Rivera at 202-551-3518 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc:John L. Robinson, Esq.