Correspondence 0001493152-24-042918 from CALLAN JMB INC. (CJMB)
CALLAN JMB INC.
Date: Oct. 29, 2024 · CIK: 0002032545 · Accession: 0001493152-24-042918
AI Filing Summary & Sentiment
Reasoning
Letter
Via EDGAR Division of Corporation Finance Office of Trade & Services Re: Callan JMB Inc. Amendment No. 1 to Draft Registration Statement on Form S-1 Submitted September 4, 2024 CIK No. 0002032545
Dear Ms. Pandit and Mr. King:
On behalf of Callan JMB Inc. (the “Company”), we have set forth below responses to the comments of the staff (the “Staff ”) of the Securities and Exchange Commission (the “SEC”) contained in its letter of October 8, 2024 with respect to the Company’s Amendment No. 1 to Draft Registration Statement on Form S-1 (the “DRS-1/A”) as noted above.
For your convenience, the text of the Staff’s comments is set forth below in bold, followed in each case by the Company’s responses. Please note that all references to page numbers in the responses are references to the page numbers in the Company’s Registration Statement (the “RS”) submitted concurrently with the submission of this letter..
Amendment No. 1 to Draft Registration Statement on Form S-1 Submitted September 4, 2024
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.
In response to the Staff’s comment, the Company has revised the Capitalization Table on page 32.
AVENUE OF THE AMERICAS | 31ST FLOOR | NEW YORK, NY | 10036
T (212) 930-9700 | F (212) 930-9725 | WWW.SRFC.LAW
We trust that the above is responsive to your comments.
Should you have any questions relating to the foregoing or wish to discuss any aspect of the Company’s filing, please contact me at 646-838-4433.
Sincerely,
/s/Barry
P. Biggar
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CORRESP
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filename1.htm
October
29, 2024
Via
EDGAR
U.S.
Securities and Exchange Commission
Division
of Corporation Finance
Office
of Trade & Services
100
F Street, N.E.
Washington,
D.C. 20549
Attn:
Ms.
Rucha Pandit / Mr. Dietrich King
Re:
Callan
JMB Inc.
Amendment
No. 1 to Draft Registration Statement on Form S-1
Submitted
September 4, 2024
CIK
No. 0002032545
Dear
Ms. Pandit and Mr. King:
On
behalf of Callan JMB Inc. (the “Company”), we have set forth below responses to the comments of the staff (the
“Staff ”) of the Securities and Exchange Commission (the “SEC”) contained in its letter of
October 8, 2024 with respect to the Company’s Amendment No. 1 to Draft Registration Statement on Form S-1 (the
“DRS-1/A”) as noted above.
For
your convenience, the text of the Staff’s comments is set forth below in bold, followed in each case by the Company’s responses.
Please note that all references to page numbers in the responses are references to the page numbers in the Company’s Registration
Statement (the “RS”) submitted concurrently with the submission of this letter..
Amendment
No. 1 to Draft Registration Statement on Form S-1 Submitted September 4, 2024
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.
In
response to the Staff’s comment, the Company has revised the Capitalization Table on page 32.
1185
AVENUE OF THE AMERICAS | 31ST FLOOR | NEW YORK, NY | 10036
T
(212) 930-9700 | F (212) 930-9725 | WWW.SRFC.LAW
We
trust that the above is responsive to your comments.
Should
you have any questions relating to the foregoing or wish to discuss any aspect of the Company’s filing, please contact me at 646-838-4433.
Sincerely,
/s/Barry
P. Biggar
Barry
P. Biggar, Esq.
Sichenzia
Ross Ference Carmel LLP
Cc:
Wayne
Williams
Chief
Executive Officer
Callan
JMB Inc.
1185
AVENUE OF THE AMERICAS | 31ST FLOOR | NEW YORK, NY | 10036 T
(212)
930-9700 | F (212) 930-9725 | WWW.SRFC.LAW