0000000000-25-001528.txt : 20250408 0000000000-25-001528.hdr.sgml : 20250408 20250212083606 ACCESSION NUMBER: 0000000000-25-001528 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20250212 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: AIRNET TECHNOLOGY INC. CENTRAL INDEX KEY: 0001413745 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311] ORGANIZATION NAME: 07 Trade & Services EIN: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD SEC FILE NUMBER: 001-33765 BUSINESS ADDRESS: STREET 1: 15/F, SKY PLAZA, NO.46 DONGZHIMENWAI ST. STREET 2: DONGCHENG DISTRICT CITY: BEIJING STATE: F4 ZIP: 100027 BUSINESS PHONE: (86-10) 8438-6868 MAIL ADDRESS: STREET 1: 15/F, SKY PLAZA, NO.46 DONGZHIMENWAI ST. STREET 2: DONGCHENG DISTRICT CITY: BEIJING STATE: F4 ZIP: 100027 FORMER COMPANY: FORMER CONFORMED NAME: AIRMEDIA GROUP INC. 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end TEXT-EXTRACT 2 filename2.txt February 12, 2025 Dan Shao Co-Chief Executive Officer AirNet Technology Inc. Suite 301 No. 26 Dongzhimenwai Street Chaoyang District, Beijing 100027 The People s Republic of China Re: AirNet Technology Inc. Form 20-F for the Fiscal Year Ended December 31, 2023 Response dated October 18, 2024 File No. 001-33765 Dear Dan Shao: We have reviewed your October 18, 2024 response to our comment letter and have the following comment(s). 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. Unless we note otherwise, any references to prior comments are to comments in our September 19, 2024 letter. Response to Comment Letter dated September 19, 2024 Risk Factors Risks Related to Doing Business in China Restrictions on currency exchange may limit our ability..., page 27 1. We note your response to prior comment 6 and reissue in part. Please further revise your Risk Factor here to state that to the extent cash/assets in the business is in the PRC/Hong Kong or a PRC/Hong Kong entity, the funds/assets may not be available to fund operations or for other use outside of the PRC/Hong Kong, including that, specifically, due to interventions in or the imposition of restrictions and limitations on the ability of you, your subsidiaries, or the consolidated VIEs by the PRC government to transfer cash/assets. February 12, 2025 Page 2 Please contact Ta Tanisha Meadows at 202-551-3322 or Nasreen Mohammed at 202- 551-3773 if you have questions regarding comments on the financial statements and related matters. Please contact Kate Beukenkamp at 202-551-3861 or Taylor Beech at 202-551-4515 with any other questions. Sincerely, Division of Corporation Finance Office of Trade & Services cc: Ronnie Li, Wilson Sonsini Goodrich & Rosati