0000000000-25-002356.txt : 20250820 0000000000-25-002356.hdr.sgml : 20250820 20250303133608 ACCESSION NUMBER: 0000000000-25-002356 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20250303 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Omada Health, Inc. CENTRAL INDEX KEY: 0001611115 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HEALTH SERVICES [8000] ORGANIZATION NAME: 08 Industrial Applications and Services EIN: 452355015 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD SEC FILE NUMBER: 377-07296 BUSINESS ADDRESS: STREET 1: 500 SANSOME STREET STREET 2: SUITE 200 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 888-987-8337 MAIL ADDRESS: STREET 1: 500 SANSOME STREET STREET 2: SUITE 200 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 PUBLIC REFERENCE ACCESSION NUMBER: 0000950123-24-006288 LETTER 1 filename1.pdf begin 644 filename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Amendment No. 3 to Draft Registration Statement on Form S-1 Submitted February 14, 2025 CIK No. 0001611115 Dear Sean Duffy: We have reviewed your amended draft registration statement and have the following comments. Please respond to this letter by providing the requested information and either submitting an amended draft registration statement or publicly filing your registration statement on EDGAR. If you do not believe a comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing the information you provide in response to this letter and your amended draft registration statement or filed registration statement, we may have additional comments. Amendment No. 3 to Draft Registration Statement on Form S-1 Business Omada GLP-1 Care Tracks, page 136 1. We note your disclosure that "[m]embers in the Enhanced GLP-1 Care Track reported a 12% average increase in self-efficacy at week 16 compared to the time of enrollment, using a brief weight loss self-efficacy scale developed and validated by an independent academic research team, reflecting improved self-confidence in members ability to lose weight and maintain healthy habits." Please revise to briefly discuss the weight loss self-efficacy scale, clarify the time period of the participation study and explain how it was validated by an independent academic research team. 2. We note your disclosure on page 138 that "[f]rom late February through May 2024, all March 3, 2025 Page 2 members in Omada for Prevention & Weight Health and Omada for Hypertension that had enrolled at least two weeks prior and no more than six months prior were offered the opportunity to receive GLP-1 therapy discontinuation program support through the GLP-1 Care Track", and that "[t]his retrospective analysis reviewed data received directly through participation in the program from all such members that voluntarily opted into receiving GLP-1 discontinuation program support..." Please revise to disclose the number of participants that enrolled in the discontinuation program. Please contact Julie Sherman at 202-551-3640 or Li Xiao at 202-551-4391 if you have questions regarding comments on the financial statements and related matters. Please contact Juan Grana at 202-551-6034 or Lauren Nguyen at 202-551-3642 with any other questions. Sincerely, Division of Corporation Finance Office of Industrial Applications and Services cc: Kathleen M. Wells, Esq.