0000000000-22-008734.txt : 20220926 0000000000-22-008734.hdr.sgml : 20220926 20220816153004 ACCESSION NUMBER: 0000000000-22-008734 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20220816 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: CYREN Ltd. CENTRAL INDEX KEY: 0001084577 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 STATE OF INCORPORATION: L3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 10 HA-MENOFIM STREET STREET 2: 5TH FLOOR CITY: HERZLIYA STATE: L3 ZIP: 4672561 BUSINESS PHONE: 011-972-9-863-6888 MAIL ADDRESS: STREET 1: 10 HA-MENOFIM STREET STREET 2: 5TH FLOOR CITY: HERZLIYA STATE: L3 ZIP: 4672561 FORMER COMPANY: FORMER CONFORMED NAME: COMMTOUCH SOFTWARE LTD DATE OF NAME CHANGE: 19990419 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]#;VQO7!E+UA/8FIE8W0O5VED=&@@,30R."],96YG=&@@,S8U+T)I='-097)# M;VUP;VYE;G0@.#X^7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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Registration Statement on Form S-3 S-3 Filed July 28, 2022 File No. 333-266392 Dear Mr. Dunn: We have limited our review of your registration statement to the issues we have addressed in our comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our 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 our comment, we may have additional comments. Registration Statement on Form S-3 Filed July 28, 2022 General 1. Please disclose any material risks posed to your business directly or indirectly due to having a material percentage of your workforce (contractors) located in Ukraine, for example, relating to security, internet accessibility, or other infrastructure concerns. In addition, to the extent material, please address the following: Disclose the number of employees, contractors, and customers that are located in the Ukraine. Discuss the percentage of revenue that is generated from the Ukraine. Disclose steps you have taken or may take to address these risks, such as relocating personnel to other geographic regions. Brian Dunn Cyren Ltd. c/o Cyren Inc. August 16, 2022 Page 2 Disclose whether you continue to pay employees in Ukraine, including a discussion of whether they continue to engage in work for you and whether you have a legal obligation to continue to pay employees regardless of work status. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. You may contact Charli Gibbs-Tabler, Staff Attorney, at 202-551-6388 or Jan Woo, Legal Branch Chief, at 202-551-3453 with any questions. Sincerely, FirstName LastNameBrian Dunn Division of Corporation Finance Comapany NameCyren Ltd. c/o Cyren Inc. Office of Technology August 16, 2022 Page 2 cc: Laurie Green FirstName LastName