0000000000-21-009184.txt : 20210824 0000000000-21-009184.hdr.sgml : 20210824 20210727103004 ACCESSION NUMBER: 0000000000-21-009184 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20210727 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: POWERSCHOOL HOLDINGS, INC. CENTRAL INDEX KEY: 0001835681 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 854166024 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 150 PARKSHORE DRIVE CITY: FOLSOM STATE: CA ZIP: 95630 BUSINESS PHONE: (916) 767-3628 MAIL ADDRESS: STREET 1: 150 PARKSHORE DRIVE CITY: FOLSOM STATE: CA ZIP: 95630 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]#;VQO7!E+UA/8FIE8W0O5VED=&@@,30R."],96YG=&@@,S8U+T)I='-097)# M;VUP;VYE;G0@.#X^7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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filename2.txt United States securities and exchange commission logo July 27, 2021 Hardeep Gulati Chief Executive Officer PowerSchool Holdings, Inc. 150 Parkshore Dr. Folsom, CA 95630 Re: PowerSchool Holdings, Inc. Amendment No. 3 to Registration Statement on Form S-1 Filed July 19, 2021 File No. 333-255067 Dear Mr. Gulati: We have reviewed your amended registration statement and have the following comment. In our comment, 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 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 our comment, we may have additional comments. Amendment No. 3 to Form S-1 Summary Historical and Pro Forma Consolidated Financial and Other Data, page 24 1. Please revise to reconcile your pro forma non-GAAP measures for the year ended December 31, 2020 and the three months ended March 31, 2021 to the most directly comparable GAAP measure, which may be a pro forma measure. Please refer the Question 101.05 of our Non-GAAP Compliance and Disclosure Interpretations. Hardeep Gulati FirstName LastNameHardeep PowerSchool Holdings, Inc. Gulati Comapany July NamePowerSchool Holdings, Inc. 27, 2021 July 27, Page 2 2021 Page 2 FirstName LastName You may contact Lisa Etheredge, Senior Staff Accountant, at (202) 551-3424 or Robert Littlepage, Accounting Branch Chief, at (202) 551-3361 if you have questions regarding comments on the financial statements and related matters. Please contact Edwin Kim, Staff Attorney, at (202) 551-3297 or Jan Woo, Legal Branch Chief, at (202) 551-3453 with any other questions. Sincerely, Division of Corporation Finance Office of Technology cc: Robert M. Hayward, P.C.