SEC Comment Letter 0000000000-24-011383 to CALLAN JMB INC. (CJMB)
CALLAN JMB INC.
Date: Oct. 8, 2024 · CIK: 0002032545 · Accession: 0000000000-24-011383
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Letter
October 8, 2024 Wayne Williams Chief Executive Officer Callan JMB Inc. 244 Flightline Drive Spring Branch, Texas 78070-6241 Re:Callan JMB Inc. Amendment No. 1 to Draft Registration Statement on Form S-1 Submitted September 24, 2024 CIK No. 0002032545 Dear Wayne Williams: We have reviewed your amended draft registration statement and have the following comment(s). 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. Unless we note otherwise, any references to prior comments are to comments in our August 29, 2024 letter. Amendment No. 1 to Draft Registration Statement on Form S-1 Capitalization, page 32 1.The amount recorded for "Long-term debt, net, including current portions" does not appear to agree with outstanding debt in your unaudited interim balance sheets as of June 30, 2024. Further, your total capitalization equals the sum of your total liabilities and total stockholders’ equity, however, please note capitalization is generally defined in practice as the sum of a company’s debt and equity. Please revise or advise accordingly.
October 8, 2024 Page 2 Please contact Abe Friedman at 202-551-8298 or Angela Lumley at 202-551-3398 if you have questions regarding comments on the financial statements and related matters. Please contact Rucha Pandit at 202-551-6022 or Dietrich King at 202-551-8071 with any other questions. Sincerely, Division of Corporation Finance Office of Trade & Services
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October 8, 2024
Wayne Williams
Chief Executive Officer
Callan JMB Inc.
244 Flightline Drive
Spring Branch, Texas 78070-6241
Re:Callan JMB Inc.
Amendment No. 1 to Draft Registration Statement on Form S-1
Submitted September 24, 2024
CIK No. 0002032545
Dear Wayne Williams:
We have reviewed your amended draft registration statement and have the following
comment(s).
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. Unless we note otherwise, any references to prior comments are to comments in
our August 29, 2024 letter.
Amendment No. 1 to Draft Registration Statement on Form S-1
Capitalization, page 32
1.The amount recorded for "Long-term debt, net, including current portions" does not
appear to agree with outstanding debt in your unaudited interim balance sheets as of
June 30, 2024. Further, your total capitalization equals the sum of your total
liabilities and total stockholders’ equity, however, please note capitalization is
generally defined in practice as the sum of a company’s debt and equity. Please revise
or advise accordingly.
October 8, 2024
Page 2
Please contact Abe Friedman at 202-551-8298 or Angela Lumley at 202-551-3398 if
you have questions regarding comments on the financial statements and related
matters. Please contact Rucha Pandit at 202-551-6022 or Dietrich King at 202-551-8071 with
any other questions.
Sincerely,
Division of Corporation Finance
Office of Trade & Services