Simpson Thacher & BartlettLLP
2475 HANOVER STREET
PALO ALTO, CA 94304
TELEPHONE:+1-650-251-5000
FACSIMILE:+1-650-251-5002
Direct Dial Number
+1-650-251-5095
E-mail Address
dwebb@stblaw.com
VIA EDGAR | January 14, 2020 |
Re: | Acceleration Request for Velocity Financial, LLC |
Registration Statement on FormS-1 (File No. 333-234250) |
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
Attention: Stacie Gorman
Folake Ayoola
Ladies and Gentlemen:
Pursuant to Rule 461 under the Securities Act of 1933, as amended, we attach the requests of our client, Velocity Financial, LLC, and of the underwriters that effectiveness of the above-referenced Registration Statement be accelerated to 2:00 p.m., Eastern Time, on January 16, 2020, or as soon as practicable thereafter.We ask, however, that the Securitiesand Exchange Commission staff not accelerate such effectiveness until we speak with you on that date.
Call me at (650)251-5095 with any questions.
Very truly yours, |
/s/ Daniel N. Webb |
Daniel N. Webb |
NEW YORK BEIJING HONG KONG HOUSTON LONDON LOS ANGELES SÃO PAULO TOKYO WASHINGTON, D.C.
January 14, 2020
VIA EDGAR AND EMAIL
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
Attention: Stacie Gorman
Folake Ayoola
Re: | Velocity Financial, LLC | |
Registration Statement on FormS-1 Submitted January 6, 2020 | ||
FileNo. 333-234250 |
Ladies and Gentlemen:
Pursuant to Rule 461 under the Securities Act of 1933, as amended (the “Securities Act”), Velocity Financial, LLC (the “Company”) hereby requests acceleration of the effectiveness of the above-referenced Registration Statement on FormS-1, as amended by Amendment No. 2 thereto, so that it will become effective at 2:00 p.m., Eastern Time, on January 16, 2020, or as soon as possible thereafter. In this regard, the Company is aware of its obligations under the Securities Act.
Please contact Dan Webb(650-251-5095) of Simpson Thacher & Bartlett LLP with any questions you may have regarding this request. In addition, please notify Mr. Webb by telephone when this request for acceleration has been granted.
[Signature Page Follows]
Very truly yours, | ||
VELOCITY FINANCIAL, LLC | ||
By: | /s/ Christopher Farrar | |
Name: Christopher Farrar | ||
Title: Chief Executive Officer |
cc: | Securities and Exchange Commission |
January 14, 2020
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
Attn: | Stacie Gorman |
Folake Ayoola
Re: | Request for Acceleration of Effectiveness |
Velocity Financial, LLC
Registration Statement on FormS-1
(FileNo. 333-234250)
Ladies and Gentlemen:
In connection with the above-referenced Registration Statement, and pursuant to Rule 461 under the Securities Act of 1933, as amended (the “Act”), as representatives of the several underwriters we hereby join in the request of Velocity Financial, LLC (the “Company”) that the effective date of the above-referenced Registration Statement be accelerated so that it will be declared effective at 2:00 p.m., Eastern Time, on January 16, 2020, or as soon thereafter as practicable, or at such other time as the Company or its outside counsel, Simpson Thacher & Bartlett LLP, request by telephone that such Registration Statement be declared effective.
The following is supplemental information supplied under Rule 418(a)(7) and Rule 460 under the Act:
(i) A preliminary prospectus dated January 6, 2020 (the “Preliminary Prospectus”) was distributed; no preliminary prospectuses of a different date were distributed.
(ii) Dates of distribution: January 6, 2020 through the date hereof.
(iii) A total of approximately 1,425 copies of the Preliminary Prospectus were distributed to prospective underwriters, institutional investors, dealers and others.
(iv) We, the undersigned, as representatives of the several underwriters, advise you that we have complied and will continue to comply, and we have been informed by the participating underwriters that they have complied and will continue to comply, with Rule15c2-8 under the Securities Exchange Act of 1934, as amended.
[Signature Page Follows]
Very truly yours, | ||
WELLS FARGO SECURITIES, LLC | ||
By: | /s/ Lear Beyer | |
Name: | Lear Beyer | |
Title: | Managing Director | |
CITIGROUP GLOBAL MARKETS INC. | ||
By: | /s/ Ian Wesson | |
Name: | Ian Wesson | |
Title: | Managing Director | |
JMP SECURITIES LLC | ||
By: | /s/ Thomas Kilian | |
Name: | Thomas Kilian | |
Title: | COO – Investment Banking |