SEC Comment Letter for Collab Z (CLBZ) — Aug 21, 2025
Collab Z Inc.
Date: Aug. 21, 2025 · CIK: 0002050338 · Accession: 0000000000-25-008949
AI Filing Summary & Sentiment
File numbers found in text: 333-288817
Letter
August 21, 2025 Qiaojun Lai Chief Executive Officer Collab Z Inc. 29 Orinda Way, Unit 2060 Orinda, CA 94563 Re:Collab Z Inc. Amendment No.1 to Registration Statement on Form S-1 Filed August 8, 2025 File No. 333-288817 Dear Qiaojun Lai: We have reviewed your amended registration statement and have the following comments. Please respond to this letter by amending your registration statement and providing the requested information. 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 any amendment to your registration statement and the information you provide in response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our July 30, 2025 letter. Amendment No.1 to Registration Statement on Form S-1 Dilution, page 42 1.Please clarify for us how the Company calculated its pro forma net tangible book value of $0.7 million as of June 30, 2025. 2.Please update your dilution disclosures so the amounts in the table and in your narrative disclosures are consistent. For example, your existing narrative states that the pro forma net tangible book value per share as of June 30, 2025 was $0.13, however your table reflects a pro forma net tangible book value per share of $0.11. Please revise accordingly.
August 21, 2025 Page 2 Please contact Ameen Hamady at 202-551-3891 or Jennifer Monick at 202-551-3295 if you have questions regarding comments on the financial statements and related matters. Please contact Pearlyne Paulemon at 202-551-8714 or Pamela Long at 202-551-3765 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc:Ross David Carmel
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August 21, 2025
Qiaojun Lai
Chief Executive Officer
Collab Z Inc.
29 Orinda Way, Unit 2060
Orinda, CA 94563
Re:Collab Z Inc.
Amendment No.1 to Registration Statement on Form S-1
Filed August 8, 2025
File No. 333-288817
Dear Qiaojun Lai:
We have reviewed your amended registration statement and have the following
comments.
Please respond to this letter by amending your registration statement and providing
the requested information. 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 any amendment to your registration statement and the information
you provide in response to this letter, we may have additional comments. Unless we note
otherwise, any references to prior comments are to comments in our July 30, 2025 letter.
Amendment No.1 to Registration Statement on Form S-1
Dilution, page 42
1.Please clarify for us how the Company calculated its pro forma net tangible book
value of $0.7 million as of June 30, 2025.
2.Please update your dilution disclosures so the amounts in the table and in your
narrative disclosures are consistent. For example, your existing narrative states that
the pro forma net tangible book value per share as of June 30, 2025 was $0.13,
however your table reflects a pro forma net tangible book value per share of $0.11.
Please revise accordingly.
August 21, 2025
Page 2
Please contact Ameen Hamady at 202-551-3891 or Jennifer Monick at 202-551-3295
if you have questions regarding comments on the financial statements and related
matters. Please contact Pearlyne Paulemon at 202-551-8714 or Pamela Long at 202-551-3765
with any other questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc:Ross David Carmel