0000000000-21-001873.txt : 20210408 0000000000-21-001873.hdr.sgml : 20210408 20210216123007 ACCESSION NUMBER: 0000000000-21-001873 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20210216 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Hayward Holdings, Inc. CENTRAL INDEX KEY: 0001834622 STANDARD INDUSTRIAL CLASSIFICATION: REFRIGERATION & SERVICE INDUSTRY MACHINERY [3580] IRS NUMBER: 822060643 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 400 CONNELL DRIVE, SUITE 6100 CITY: BERKELEY HEIGHTS STATE: NJ ZIP: 07922 BUSINESS PHONE: 908-354-5400 MAIL ADDRESS: STREET 1: 400 CONNELL DRIVE, SUITE 6100 CITY: BERKELEY HEIGHTS STATE: NJ ZIP: 07922 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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filename2.txt United States securities and exchange commission logo February 16, 2021 Eifion Jones Senior Vice President and Chief Financial Officer Hayward Holdings, Inc. 400 Connell Drive Suite 6100 Berkeley Heights, NJ 07922 Re: Hayward Holdings, Inc. Amendment No. 2 to Draft Registration Statement on Form S-1 Submitted February 9, 2021 CIK No. 0001834622 Dear Mr. Jones: 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 February 3, 2021 letter. Amendment No. 2 to Draft Registration Statement on Form S-1 Prospectus Summary, page 1 1. We note your response and revised disclosures to prior comment 5. Given that you make multiple references throughout the filing noting your significant reliance on aftermarket sales and your assertions that aftermarket sales comprises a majority of your total sales, each time you discuss aftermarket sales, revise to clearly disclose the fact that such sales data and information is derived from management's estimates based on outside, third-party information and is not based on actual GAAP sales results. Eifion Jones Hayward Holdings, Inc. February 16, 2021 Page 2 Notes to Consolidated Financial Statements Note 13. Earnings per Share, page F-26 2. We note your response to prior comment 6. Please tell us why you consider unvested restricted stock awards to be outstanding, and what accounting guidance you considered when forming your conclusion. In your response, please clarify the terms of such awards, such as voting, dividend and transfer rights or repurchase provisions, and revise your disclosures in Note 16 to include such terms. You may contact Brittany Ebbertt, Staff Accountant, at (202) 551-3572 or Kathleen Collins, Accounting Branch Chief, at (202) 551-3499 if you have questions regarding comments on the financial statements and related matters. Please contact Michael Foland, Staff Attorney, at (202) 551-6711 or Jan Woo, Legal Branch Chief, at (202) 551-3453 with any other questions. Sincerely, FirstName LastNameEifion Jones Division of Corporation Finance Comapany NameHayward Holdings, Inc. Office of Technology February 16, 2021 Page 2 cc: Rachel Phillips FirstName LastName