0000000000-24-006831.txt : 20240910 0000000000-24-006831.hdr.sgml : 20240910 20240614103604 ACCESSION NUMBER: 0000000000-24-006831 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240614 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: Safe Pro Group Inc. CENTRAL INDEX KEY: 0002011208 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 874227079 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD SEC FILE NUMBER: 377-07186 BUSINESS ADDRESS: STREET 1: 18305 BISCAYNE BLVD., STREET 2: SUITE 222 CITY: AVENTURA STATE: FL ZIP: 33160 BUSINESS PHONE: 786-409-4030 MAIL ADDRESS: STREET 1: 18305 BISCAYNE BLVD., STREET 2: SUITE 222 CITY: AVENTURA STATE: FL ZIP: 33160 PUBLIC REFERENCE ACCESSION NUMBER: 0001493152-24-015009 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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Amendment No. 1 to Draft Registration Statement on Form S-1 Submitted May 31, 2024 CIK No. 0002011208 Dear Daniyel Erdberg: We have reviewed your amended draft registration statement and have the following comments. 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 a comment applies 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 this letter and your amended draft registration statement or filed registration statement, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our May 14, 2024 letter. Amendment No. 1 to Draft Registration Statement on Form S-1 Our Competition, page 35 1. We note your revised disclosure in response to prior comment 16, including that "we compete based on customization, rapid prototyping, and low cost due to our low overhead in comparison to large manufactures who can take longer to rapid develop non-off the shelf solutions." Please further revise your disclosure to provide detail discussing how customization, rapid prototyping, and low cost are utilized by each of your subsidiaries and their relevant markets. Quantify comparative costs and timeframes for development, as appropriate. Daniyel Erdberg FirstName LastNameDaniyel Erdberg Safe Pro Group Inc. Comapany June NameSafe Pro Group Inc. 14, 2024 June 14, Page 2 2024 Page 2 FirstName LastName Our Customers, page 35 2. We note your revised disclosure in response to prior comment 17 and reissue in part. Please file your contracts with Florida Power & Light and any other material contracts the Company has entered into, or tell us why you believe you are not required to do so. Refer to Item 601(b)(10) of Regulation S-K. Regulation, page 37 3. We note your response to prior comment 22. Please revise your disclosure to provide a more complete and detailed discussion of material regulations relating to your three business units and the geographic locations in which you currently, or plan to, operate. Please explain how these regulations impact your current and planned operations. Refer to Item 101(h)(4)(ix) of Regulation S-K. Acquisition Related - Due to Related Party, page 48 4. We note your revised disclosure in response to prior comment 25. Please revise your disclosure in this section to include the material terms of the Fifth Amendment, as discussed in the notes to your financial statements on page F-65. Please contact Kristin Lochhead at 202-551-3664 or Li Xiao at 202-551-4391 if you have questions regarding comments on the financial statements and related matters. Please contact Benjamin Richie at 202-551-7857 or Katherine Bagley at 202-551-2545 with any other questions. Sincerely, Division of Corporation Finance Office of Industrial Applications and Services cc: Cavas S. Pavri