0000000000-19-009153.txt : 20190821 0000000000-19-009153.hdr.sgml : 20190821 20190530154308 ACCESSION NUMBER: 0000000000-19-009153 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20190530 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: ProSight Global, Inc. CENTRAL INDEX KEY: 0001634038 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 352405664 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 412 MT. KEMBLE AVENUE STREET 2: SUITE 300C CITY: MORRISTOWN STATE: NJ ZIP: 07960 BUSINESS PHONE: (973)532-1725 MAIL ADDRESS: STREET 1: 412 MT. 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M2D&<&,>H2VK3->:BA;3_GH]W#0B^;X63:H5D;?6B<=2MG:1*=6*(*T4LWMK( M-^@YR%VT.3?0U1"UWVJA#J+Y!YZ[!)D4S5239%U!3_4!SW1-#]XV(AHS<8 7 MSKF Z!2%4+(PR5+C07*<0TI=MXI.]<3FC[R[M0J27ERJ?@7[H38A/N96""DI M1=*\-U<]"+X"# #5%3_##0IE;F1S=')E86T-96YD;V)J#38@,"!O8FH-/#PO M1&5C;V1E4&%R;7,\/"]#;VQU;6YS(#,O4')E9&EC=&]R(#$R/CXO1FEL=&5R M+T9L871E1&5C;V1E+TE$6SPV,T8Q,$$R.#A%,C$U0C9&140R,S S138F)@8&!BS/W*Q,#8S\3 )LC$P/<.R)X MQ$),C#7WF1@8& $"# !:2P4:#0IE;F1S=')E86T-96YD;V)J#7-T87)T>')E /9@T*,3$V#0HE)45/1@T* end TEXT-EXTRACT 2 filename2.txt May 30, 2019 Lawrence Hannon President and Chief Executive Officer ProSight Global, Inc. 412 Mt. Kemble Avenue Suite 300 Morristown, NJ 07960 Re: ProSight Global, Inc. Amendment No. 2 to Draft Registration Statement on Form S-1 Filed May 20, 2019 CIK No. 0001634038 Dear Mr. Hannon: We have reviewed your amended draft 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 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 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 the information you provide in response to these comments and your amended draft registration statement or filed registration statement, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our March 22, 2019 letter. Amendment No. 2 to DRS Risk Factors Our business is dependent on the efforts of our principal executive officers., page 31 1. Please expand your discussion to discuss Mr. Beneducci's resignation as CEO and President and quantify the payments provided for in the Transition and Separation Agreement. Lawrence Hannon FirstName LastNameLawrence Hannon ProSight Global, Inc. Comapany NameProSight Global, Inc. May 30, 2019 Page 2 May 30, 2019 Page 2 FirstName LastName Our amended and restated certificate of incorporation provides that the Court of Chancery of the State of Delaware is the exclusive . . ., page 41 2. We refer to your revised disclosure in response to prior comment 6 that the exclusive forum for actions under the Securities Act or Exchange Act will be "either the Delaware Chancery Court or the federal district court for the District of Delaware." However, with respect to actions under the Exchange Act, we note that Section 27 of the Exchange Act creates exclusive federal jurisdiction over all suits brought to enforce any duty or liability created by the Exchange Act. If your amended and restated certificate of incorporation will select a forum for Exchange Act claims, please revise your disclosure to clarify the forum selected. Please also state that there is uncertainty as to whether a court would enforce your exclusive forum provision. Employment Agreements, page 136 3. Your revised disclosure states that the Separation Agreement supersedes and replaces Mr. Beneducci's employment agreement, except as otherwise provided in the Separation Agreement. Accordingly, please also ensure you file the employment agreement for Mr. Beneducci. You may contact Sasha Parikh at 202-551-3627 or Mark Brunhofer at 202-551-3638 if you have questions regarding comments on the financial statements and related matters. Please contact Dorrie Yale at 202-551-8776 or Suzanne Hayes at 202-551-3675 with any other questions. Sincerely, Division of Corporation Finance Office of Healthcare & Insurance cc: C. Andrew Gerlach - Sullivan & Cromwell LLP