0000000000-19-011202.txt : 20190821 0000000000-19-011202.hdr.sgml : 20190821 20190717102708 ACCESSION NUMBER: 0000000000-19-011202 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20190717 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Sunnova Energy International Inc. CENTRAL INDEX KEY: 0001772695 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 20 GREENWAY PLAZA, SUITE 475 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: (281) 985-9900 MAIL ADDRESS: STREET 1: 20 GREENWAY PLAZA, SUITE 475 CITY: HOUSTON STATE: TX ZIP: 77046 PUBLIC REFERENCE ACCESSION NUMBER: 0001193125-19-184324 LETTER 1 filename1.pdf begin 644 filename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Baker Executive Vice President, General Counsel, and Secretary Sunnova Energy International Inc. 20 East Greenway Plaza, Suite 475 Houston, TX 77046 Re: Sunnova Energy International Inc. Pre-effective Amendment 1 to Registration Statement on Form S-1 Filed July 12, 2019 File No. 333-232393 Dear Mr. Baker: We have reviewed your amended registration statement and have the following comments. In some of our comments,we may ask you to provide us information so that 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 that our comments apply to your facts and circumstances or do not believe that 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. Pre-effective Amendment 1 to Registration Statement on Form -1 filed July 12, 2019 Dilution, page 74 1. Please provide us with the computations you used to arrive at the following: historical net tangible book value; historical net tangible book value per share; adjusted net tangible book value; adjusted net tangible book value per share; as further adjusted net tangible book value; and as further adjusted net tangible book value per share. Financial Statements, page F-1 2. We note references throughout the filing that a 1 for 2.333 reverse stock split will occur Walter A. Baker Sunnova Energy International Inc. July 16, 2019 Page 2 immediately prior to the consummation of this offering. If the reverse stock split will occur at or immediately before the effectiveness of your registration statement, we remind you that in accordance with SAB Topic 4C, you must revise your financial statements and your disclosures throughout the filing to give effect to the expected reverse stock split. If the reverse stock split will occur after effectiveness of your registration statement but prior to the consummation of this offering, please ensure you provide appropriate pro forma information throughout the filing. You may contact Jeffrey R. Gordon, Staff Accountant, at (202) 551-3866 or Kevin W. Stertzel, Staff Accountant, at (202) 551-3723 if you have questions regarding comments on the financial statements and related matters. Please contact Edward M. Kelly, Senior Counsel, at (202) 551-3728 or Jay E. Ingram, Legal Branch Chief, at (202) 551-3397 with any other questions. Sincerely, FirstName LastNameWalter A. Baker Division of Corporation Finance Comapany NameSunnova Energy International Inc. Office of Manufacturing and July 16, 2019 Page 2 Construction FirstName LastName