0000000000-20-009333.txt : 20220912 0000000000-20-009333.hdr.sgml : 20220912 20201002164145 ACCESSION NUMBER: 0000000000-20-009333 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20201002 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: PaxMedica, Inc. CENTRAL INDEX KEY: 0001811623 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 50 TICE BOULEVARD, SUITE A26 CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07677 BUSINESS PHONE: 650-889-5020 MAIL ADDRESS: STREET 1: 50 TICE BOULEVARD, SUITE A26 CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07677 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]4>7!E+UA/8FIE8W0O0V]L;W)3 M<&%C92]$979I8V5',Z%$;3 BU,"VEA6J % M6J %6J %6J %6J %6O ]*WOEK(,D*\X#9H:[]P]6<&19EAU+^GP>RR(B(B(B M(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B+_-A\?'^_O[V]O;Z^OKR\' MGI^?GP[$AY="%(AB43AV^=.M%A$1$1$1$9$?2,H4S\_/CX^/]_?WOP[<'=E- MR6+L]?OW[ZCAZ>GI]?5504-$1$1$1$1$+N;M[>WIZ>GAX6&_WS<"Q:]?O^[O M[^.KQW.(\K]__VZJBLJ1,EY>7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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Weisman Chief Executive Officer PaxMedica, Inc. 50 Tice Boulevard, Suite A26 Woodcliff Lake, NJ 07677 Re: PaxMedica, Inc. Amendment No. 6 to Registration Statement on Form S-1 Filed September 29, 2020 File No. 333-239676 Dear Mr. Weisman: We have reviewed your amended 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. Amendment No. 6 to Registration Statement on Form S-1 Cover Page 1. Please revise the first paragraph to state the separate offering price for each of the common stock and the warrants even though they will be sold together for one combined offering price. In the alternative, please revise the registration statement to register units. Please also revise the cover page to clarify, if true, that fractional warrants will not be issued and to disclose the minimum number of shares that must be purchased in order to receive one whole warrant. We also note your disclosure on page 93 that the warrants will include an exercise limitation. Please expand your disclosure on page 7 under the heading "Warrants we are offering" to include the exercise limitation. Howard J. Weisman PaxMedica, Inc. October 2, 2020 Page 2 Capitalization, page 46 2. Please update your pro forma as adjusted amounts in your capitalization table to reflect the sale of the 2,625,000 shares and warrants rather than the previously anticipated 2,500,000 shares. You may contact Ameen Hamady at 202-551-5019 or Sasha Parikh at 202-551-3627 if you have questions regarding comments on the financial statements and related matters. Please contact Ada D. Sarmento at 202-551-3798 or Christine Westbrook at 202-551-5019 with any other questions. Sincerely, FirstName LastNameHoward J. Weisman Division of Corporation Finance Comapany NamePaxMedica, Inc. Office of Life Sciences October 2, 2020 Page 2 cc: Steven M. Skolnick, Esq. FirstName LastName