Correspondence 0001493152-25-005259 from JFB Construction Holdings (JFB) (CIK 0002024306) (JFB)
JFB Construction Holdings (JFB) (CIK 0002024306)
Date: Feb. 6, 2025 · CIK: 0002024306 · Accession: 0001493152-25-005259
AI Filing Summary & Sentiment
File numbers found in text: 333-283106
Referenced dates: February 5, 2025
Letter
Division of Corporate Finance Office of Real Estate & Construction JFB Construction Holdings Registration Statement on Form S-1/A Filed February 3, 2025 File No.: 333-283106
Dear Ms. Yale and De Lorenzo:
Please see below for responses to the Division’s letter dated February 5, 2025 regarding the above captioned matter. All comments have been addressed in the Registration Statement on Form S-1/A, filed February 6, 2025 (“Amendment”) and/or as further herein detailed.
Amendment No. 4 to Form S-1
Recent Developments - Expected Fiscal Year Results, page 7
1. We note you are expecting net income of $201,115 for the year ended December 31, 2024. We also note you experienced a net loss of $230,058 for the nine months ended September 30, 2024. Please expand your disclosure to explain or reconcile the variance between the net income expected for the year ended December 31, 2024 and your net loss for the nine months ended September 30, 2024..
Response: The Company acknowledges the Staff’s comment and confirms that it has added a disclosure to this section to clarify that the expected improvement in net income for the fourth quarter of 2024 is primarily driven by higher revenue, due to seasonal trends, new customer acquisitions, and the commencement of pipeline jobs. Revenue increased from $15,968,735 for the first nine months of 2024 to an expected $23,807,885 as of December 31, 2024.
If you have any questions relating to any of the foregoing, please contact Gina Austin, Esq. of Austin Legal Group, APC at (619) 924-9600.
Sincerely,
AUSTIN
LEGAL GROUP, APC
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CORRESP
1
filename1.htm
Austin
Legal Group, APC
Lawyers
3990
Old Town Ave, Ste A-101
San
Diego, CA 92110
Telephone
(619)
924-9600
Facsimile
Writer’s
Email:
(619)
881-0045
gaustin@austinlegalgroup.com
February
6, 2025
U.S.
Securities and Exchange Commission
Division
of Corporate Finance
Office
of Real Estate & Construction
100
F Street, NE
Washington,
D.C. 20549
Attn:
Dorrie Yale and Catherine De Lorenzo
Re:
JFB
Construction Holdings
Registration
Statement on Form S-1/A
Filed
February 3, 2025
File
No.: 333-283106
Dear
Ms. Yale and De Lorenzo:
Please
see below for responses to the Division’s letter dated February 5, 2025 regarding the above captioned matter. All comments have
been addressed in the Registration Statement on Form S-1/A, filed February 6, 2025 (“Amendment”) and/or as further herein
detailed.
Amendment
No. 4 to Form S-1
Recent
Developments - Expected Fiscal Year Results, page 7
1.
We
note you are expecting net income of $201,115 for the year ended December 31, 2024. We also note you experienced a net loss of $230,058
for the nine months ended September 30, 2024. Please expand your disclosure to explain or reconcile the variance between the net
income expected for the year ended December 31, 2024 and your net loss for the nine months ended September 30, 2024..
Response:
The
Company acknowledges the Staff’s comment and confirms that it has added a disclosure to this section to clarify that the expected
improvement in net income for the fourth quarter of 2024 is primarily driven by higher revenue, due to seasonal trends, new customer
acquisitions, and the commencement of pipeline jobs. Revenue increased from $15,968,735 for the first nine months of 2024 to an expected
$23,807,885 as of December 31, 2024.
If
you have any questions relating to any of the foregoing, please contact Gina Austin, Esq. of Austin Legal Group, APC at (619) 924-9600.
Sincerely,
AUSTIN
LEGAL GROUP, APC
/s/
Gina Austin, Esq.
Gina
Austin, Esq.