0000000000-23-013339.txt : 20240118 0000000000-23-013339.hdr.sgml : 20240118 20231206183603 ACCESSION NUMBER: 0000000000-23-013339 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20231206 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Motus GI Holdings, Inc. CENTRAL INDEX KEY: 0001686850 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 814042793 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 1301 EAST BROWARD BOULEVARD STREET 2: 3RD FLOOR CITY: FT. LAUDERDALE STATE: FL ZIP: 33301 BUSINESS PHONE: 786-459-1831 MAIL ADDRESS: STREET 1: 1301 EAST BROWARD BOULEVARD STREET 2: 3RD FLOOR CITY: FT. LAUDERDALE STATE: FL ZIP: 33301 FORMER COMPANY: FORMER CONFORMED NAME: Eight-Ten Merger Corp. 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filename2.txt United States securities and exchange commission logo December 6, 2023 Mark Pomeranz Chief Executive Officer Motus GI Holdings, Inc. 1301 East Broward Boulevard, 3rd Floor Ft. Lauderdale, FL 33301 Re: Motus GI Holdings, Inc. Amendment No. 1 to Registration Statement on Form S-1 Filed November 30, 2023 File No. 333-275121 Dear Mark Pomeranz: We have reviewed your amended registration statement and have the following comment. Please respond to this letter by amending your registration statement and providing the requested information. 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 any amendment to your registration statement and the information you provide in response to this letter, we may have additional comments. Amendment No. 1 to Registration Statement on Form S-1 filed November 30, 2023 General 1. We note the following disclosures about your offering: "Because there is no escrow account and there is no minimum offering amount (subject to a minimum of $5.0 million), investors could be in a position where they have invested in our company, but we are unable to fulfill our objectives due to a lack of interest in this offering." "We do not intend to price this offering for less than $5.0 million in gross proceeds." "All of the shares will be sold at the offering price specified in this prospectus and, we expect, at a single closing." "[W]e will only consummate an offering of $5 million or more in gross proceeds." Mark Pomeranz Motus GI Holdings, Inc. December 6, 2023 Page 2 Based on the disclosures above, it appears that you are conducting a best efforts offering with a minimum of $5.0 million in gross proceeds. Given your disclosure that you will consummate the offering only if you receive $5.0 million or more in gross proceeds and that there is no escrow account, please clarify how investors' funds will be held prior to your closing. Please also revise your disclosure to state that your offering has a minimum of $5.0 million in gross proceeds, or clarify how your offering can have "no minimum offering amount . . . subject to a minimum of $5.0 million." Please contact Juan Grana at 202-551-6034 or Katherine Bagley at 202-551-2545 with any questions. Sincerely, FirstName LastNameMark Pomeranz Division of Corporation Finance Office of Industrial Applications and Comapany NameMotus GI Holdings, Inc. Services December 6, 2023 Page 2 cc: Steven M. Skolnick, Esq. FirstName LastName