0000000000-24-011933.txt : 20241126 0000000000-24-011933.hdr.sgml : 20241126 20241025113610 ACCESSION NUMBER: 0000000000-24-011933 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20241025 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Penumbra Inc CENTRAL INDEX KEY: 0001321732 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD SEC FILE NUMBER: 001-37557 BUSINESS ADDRESS: STREET 1: ONE PENUMBRA PLACE CITY: ALAMEDA STATE: CA ZIP: 94502 BUSINESS PHONE: (510) 995-2486 MAIL ADDRESS: STREET 1: ONE PENUMBRA PLACE CITY: ALAMEDA STATE: CA ZIP: 94502 PUBLIC REFERENCE ACCESSION NUMBER: 0001321732-24-000025 LETTER 1 filename1.pdf begin 644 filename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end TEXT-EXTRACT 2 filename2.txt October 25, 2024 Maggie Yuen Chief Financial Officer Penumbra, Inc. One Penumbra Place Alameda, CA 94502 Re: Penumbra, Inc. Form 10-K for the Fiscal Year Ended December 31, 2023 Form 8-K filed July 30, 2024 Response Dated September 17, 2024 File No. 001-37557 Dear Maggie Yuen: We have reviewed your September 17, 2024 response to our comment letter and have the following comment. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Form 8-K filed July 30, 2024 Exhibit 99.1, page 1 1. We have reviewed your response to comment 3 and note your views regarding inventory write-downs related to Immersive Healthcare ("IH") Asset Group. Inventory write-downs directly resulted from the Company s assessment that it was more likely than not that it would sell or dispose of the IH business do not appear to be outside the normal course of operations. Please refer to Question 100.01 of Non- GAAP Compliance & Disclosure Interpretations. In future filings, please discontinue making this adjustment to your non-GAAP measures. October 25, 2024 Page 2 Please contact Christie Wong at 202-551-3684 or Li Xiao at 202-551-4391 if you have questions regarding comments on the financial statements and related matters. Sincerely, Division of Corporation Finance Office of Industrial Applications and Services