0000000000-21-003528.txt : 20210817 0000000000-21-003528.hdr.sgml : 20210817 20210324103005 ACCESSION NUMBER: 0000000000-21-003528 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20210324 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: KALTURA INC CENTRAL INDEX KEY: 0001432133 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 250 PARK AVENUE SOUTH STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10003 BUSINESS PHONE: 646 262-9144 MAIL ADDRESS: STREET 1: 250 PARK AVENUE SOUTH STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10003 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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Amendment No. 1 to Registration Statement on Form S-1 Filed March 23, 2021 File No. 333-253699 Dear Mr. Yekutiel: We have reviewed your amended registration statement and have the following comments. In some of our comments, 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 comments apply 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 these comments, we may have additional comments. Amendment No. 1 to Form S-1 Prospectus Summary, page 1 1. Please provide a summary of the transactions with the Special Situations Investing Group II, LLC, an affiliate of Goldman Sachs & Co., in connection with this offering. In this regard, discuss the terms of the GS Warrant, the conversion of the Series F convertible preferred stock, and certain cash payments that you will be required to make if the actual initial public offering price is less than or equal to the midpoint of the price range. Further, tell us whether you are required to have a qualified independent underwrtier in accordance with FINRA Rule 5121 as a result of these transactions. Ron Yekutiel Kaltura, Inc. March 24, 2021 Page 2 You may contact David Edgar, Staff Accountant, at (202) 551-3459 or Christine Dietz, Senior Staff Accountant, at (202) 551-3408 if you have questions regarding comments on the financial statements and related matters. Please contact Jan Woo, Legal Branch Chief, at (202) 551-3453 with any other questions. Sincerely, FirstName LastNameRon Yekutiel Division of Corporation Finance Comapany NameKaltura, Inc. Office of Technology March 24, 2021 Page 2 cc: Benjamin J. Cohen FirstName LastName