<SEC-DOCUMENT>0001213900-24-091812.txt : 20241204 <SEC-HEADER>0001213900-24-091812.hdr.sgml : 20241204 <ACCEPTANCE-DATETIME>20241029171523 <PRIVATE-TO-PUBLIC> ACCESSION NUMBER: 0001213900-24-091812 CONFORMED SUBMISSION TYPE: CORRESP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20241029 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Agrify Corp CENTRAL INDEX KEY: 0001800637 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE SERVICES [0700] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 300943453 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: CORRESP BUSINESS ADDRESS: STREET 1: 2468 INDUSTRIAL ROW DRIVE CITY: TROY STATE: MI ZIP: 48084 BUSINESS PHONE: 855-420-0020 MAIL ADDRESS: STREET 1: 2468 INDUSTRIAL ROW DRIVE CITY: TROY STATE: MI ZIP: 48084 </SEC-HEADER> <DOCUMENT> <TYPE>CORRESP <SEQUENCE>1 <FILENAME>filename1.htm <TEXT> <HTML> <HEAD> <TITLE></TITLE> </HEAD> <BODY STYLE="font: 10pt Times New Roman, Times, Serif"> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>AGRIFY CORPORATION </B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>2468 Industrial Row Drive </B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Troy, Michigan 48084</B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B> </B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">October 29, 2024</P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B><I> </I></B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B><I>VIA EDGAR</I></B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">U.S. Securities and Exchange Commission</P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Division of Corporation Finance</P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Office of Industrial Applications and Services</P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">100 F Street, N.E.</P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Washington, D.C. 20549</P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Attention: Mr. Juan Grana and Ms. Jane Park</P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </P> <TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"> <TR STYLE="vertical-align: top"> <TD STYLE="width: 72px"> </TD> <TD STYLE="width: 24px; font-size: 10pt"><FONT STYLE="font-size: 10pt"><B>Re:</B></FONT></TD> <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Agrify Corporation</B></FONT></TD></TR> <TR STYLE="vertical-align: top"> <TD> </TD> <TD> </TD> <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Amendment No. 1 to Registration Statement on Form S-1</B></FONT></TD></TR> <TR STYLE="vertical-align: top"> <TD> </TD> <TD> </TD> <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Filed October 23, 2024</B></FONT></TD></TR> <TR STYLE="vertical-align: top"> <TD> </TD> <TD> </TD> <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt"><B>File No. 333-282387</B></FONT></TD></TR> </TABLE> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Dear Mr. Grana and Ms. Park:</P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">Agrify Corporation, a Nevada corporation (the “Company,” “we,” “us” or “our”) hereby submits the response to the comment letter received by us from the staff (the “Staff”) of the U.S. Securities and Exchange Commission (the “SEC”) set forth in the Staff’s letter, dated October 28, 2024, providing such comments on the Company’s Registration Statement on Form S-1/A (the “Registration Statement”).</P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">For the convenience of the Staff, the Staff’s comment is included and is followed by the response of the Company. Unless the context indicates otherwise, capitalized terms used herein have the meanings assigned to them in the Registration Statement.</P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>Form S-1/A filed October 23, 2024</U></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"> </P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>Cover Page</U></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"> </P> <TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"> <TR STYLE="vertical-align: top"> <TD STYLE="width: 0px"> </TD> <TD STYLE="width: 48px; font-size: 10pt"><FONT STYLE="font-size: 10pt"><I>1.</I></FONT></TD> <TD> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>We note your disclosure on the cover page that the selling stockholder may sell its shares to or through underwriters or dealers, directly to purchasers or through agents designated from time to time. Please confirm your understanding that the retention by a selling stockholder of an underwriter would constitute a material change to your plan of distribution requiring a post-effective amendment. Refer to your undertaking</I></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>provided pursuant to Item 512(a)(1)(iii) of Regulation S-K.</I></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I> </I></P></TD></TR> </TABLE> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><B>RESPONSE:</B> The Company acknowledges the Staff’s comment and confirms its understanding that the retention by a selling stockholder of an underwriter would constitute a material change to its plan of distribution requiring a post-effective amendment and consistent with the undertaking required by Item 512(a)(1)(iii) of Regulation S-K, that it will file a post-effective amendment to include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information.</P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We thank the Staff in advance for its review of the foregoing and the Registration Statement. If you have further questions or comments, we ask that you forward them by electronic mail to our counsel, Robert A. Petitt of Blank Rome LLP, at Robert.Petitt@BlankRome.com or by telephone at (617) 415-1219.</P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"> </P> <TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%"> <TR STYLE="vertical-align: top"> <TD STYLE="width: 60%"> </TD> <TD STYLE="width: 40%; font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">Very truly yours,</FONT></TD></TR> <TR STYLE="vertical-align: top"> <TD> </TD> <TD> </TD></TR> <TR STYLE="vertical-align: top"> <TD> </TD> <TD STYLE="border-bottom: black 1.5pt solid; font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">/s/ Raymond Nobu Chang</FONT></TD></TR> <TR STYLE="vertical-align: top"> <TD> </TD> <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">Raymond Nobu Chang</FONT></TD></TR> <TR> <TD STYLE="vertical-align: top"> </TD> <TD STYLE="white-space: nowrap; vertical-align: bottom; font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">Chief Executive Officer</FONT></TD></TR> </TABLE> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"> </P> </BODY> </HTML> </TEXT> </DOCUMENT> </SEC-DOCUMENT>