0000000000-19-007205.txt : 20190612 0000000000-19-007205.hdr.sgml : 20190612 20190416151321 ACCESSION NUMBER: 0000000000-19-007205 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20190416 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Postal Realty Trust, Inc. CENTRAL INDEX KEY: 0001759774 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 832586114 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 75 COLUMBIA AVE CITY: CEDARHURST STATE: NY ZIP: 11516 BUSINESS PHONE: 576-295-7820 MAIL ADDRESS: STREET 1: 75 COLUMBIA AVE CITY: CEDARHURST STATE: NY ZIP: 11516 PUBLIC REFERENCE ACCESSION NUMBER: 0001615774-19-005250 LETTER 1 filename1.pdf begin 644 filename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filename2.txt April 16, 2019 Andrew Spodek Chief Executive Officer Postal Realty Trust, Inc. 75 Columbia Avenue Cedarhurst, NY 11516 Re: Postal Realty Trust, Inc. Registration Statement on Form S-11 Filed April 2, 2019 File No. 333-230684 Dear Mr. Spodek : We have reviewed your 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. Form S-11 Table of Contacts, page ii 1. We note your revised disclosure that the Shares of Voting Equivalency stock are convertible into shares of Class A common stock at the election of the holder at any time. Please confirm to us that the issuance of these shares of Class A common stock upon conversion will be pursuant to a valid exemption from registration. Please also tell us, and revise your disclosure if appropriate, if the holder of the shares of Class A common stock received upon conversion will be entitled to any resale registration rights. Risk Factors, page 20 2. We note that your forum selection provision identifies the Circuit Court for Baltimore City, Maryland, or, if that court does not have jurisdiction, the United States District Court Andrew Spodek Postal Realty Trust, Inc. April 16, 2019 Page 2 for the District of Maryland, Baltimore Division, as the exclusive forum for certain litigation, including any "derivative action." Please disclose whether this provision applies to actions arising under the Securities Act or Exchange Act. If so, please add related risk factor disclosure. If the provision applies to Securities Act claims, please also revise your prospectus to state that there is uncertainty as to whether a court would enforce such provision and that stockholders will not be deemed to have waived the company's compliance with the federal securities laws and the rules and regulations thereunder. In that regard, we note that Section 22 of the Securities Act creates concurrent jurisdiction for federal and state courts over all suits brought to enforce any duty or liability created by the Securities Act or the rules and regulations thereunder. If this provision does not apply to actions arising under the Securities Act or Exchange Act, please also ensure that the exclusive forum provision in the governing documents states this clearly. Our Management Business, page 97 3. We note your response to comment 15 of our letter dated December 20, 2018. Please expand your disclosure in this section to describe the compensation arrangements for your management business. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. You may contact Isaac Esquivel at 202-551-3395 or William Demarest at 202-551-3432 if you have questions regarding comments on the financial statements and related matters. Please contact Stacie Gorman at 202-551-3585 or Sonia Barros, Assistant Director, at 202-551-3655 with any other questions. Sincerely, FirstName LastNameAndrew Spodek Division of Corporation Finance Office of Real Estate and Comapany NamePostal Realty Trust, Inc. Commodities April 16, 2019 Page 2 cc: David C. Wright, Esq. FirstName LastName