September 18, 2018
Brent Kelton
Chief Executive Officer
AMERI Holdings, Inc.
5000 Research Court, Suite 750
Suwanee, Georgia 30024
Re: AMERI Holdings, Inc.
Registration Statement on Form S-1
Filed August 24, 2018
File No. 333-227011
Dear Mr. Kelton:
We have limited our review of your registration statement to those
issues we have
addressed in our 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.
Registration Statement on Form S-1 filed August 24, 2018
Prospectus, page i
1. In an appropriate section of your prospectus, address the exclusive
forum provision in
your bylaws.
Private Placement, page 3
2. Disclose how you calculated the maximum numbers disclosed in the third
paragraph on
page 5 and tell us how the number of shares registered for resale
represents a good-faith
estimate of the shares that you will issue.
Brent Kelton
FirstName LastNameBrent Kelton
AMERI Holdings, Inc.
Comapany 18, 2018
September NameAMERI Holdings, Inc.
September 18, 2018 Page 2
Page 2
FirstName LastName
3. It appears that the price of the securities to be issued in your
unregistered transaction and
the number of securities to be issued in that transaction has not yet
been determined.
Please provide us your analysis supporting your conclusion that the
unregistered
transaction was completed before you filed this registration
statement.
Principal and Selling Stockholders, page 34
4. Given the nature and size of the transaction being registered, provide
us your analysis
supporting your conclusion that the transaction is appropriately
characterized as a
transaction that is eligible to be made on a shelf basis under Rule
415(a)(1)(i). In your
analysis, please address the following among any other relevant
factors:
any relationships among the selling stockholders;
any discount at which the selling stockholders have purchased or
will purchase the
offered securities;
whether any selling stockholder is a broker-dealer or an affiliate
of a broker-dealer or
is otherwise in the business of buying and selling securities;
whether - based on information obtained from the selling
stockholders - any of the
selling stockholders have an existing short position in the
company and, if any of the
selling stockholders have an existing short position, the
following additional
information: (1) the date on which each such selling stockholder
entered into that short
position, and (2) the relationship of the date on which each
selling stockholder entered
into that short position to the date of the announcement of the
transactions
contemplated by the purchase agreements that you disclose on page
4 and 5 and the
filing of the registration statement;
the current relationship of each selling stockholder with the
issuer, including an
analysis of whether such selling stockholder is an affiliate of
the issuer;
the relationships and arrangements that have existed in the past
three years or are to be
performed in the future between the issuer (or any of its
predecessors) and the selling
stockholders, any affiliates of the selling stockholders, or any
person with whom any
selling stockholder has a contractual relationship regarding the
transaction (or any
predecessors of those persons) the information provided should
include, in
reasonable detail, a complete description of the rights and
obligations of the parties in
connection with the sale of the shares or the related warrants;
prior securities transactions between the issuer (or any of its
predecessors) and the
selling stockholders, any affiliates of the selling stockholders,
or any person with
Brent Kelton
FirstName LastNameBrent Kelton
AMERI Holdings, Inc.
Comapany 18, 2018
September NameAMERI Holdings, Inc.
September 18, 2018 Page 3
Page 3
FirstName LastName
whom any selling stockholder has a contractual relationship
regarding the transaction
(or any predecessors of those persons); and
whether under all the circumstances it appears that the selling
stockholders,
individually or in the aggregate, are acting as a conduit for the
issuer.
Also provide us copies of all agreements between the issuer (or any of
its predecessors)
and the selling stockholders, any affiliates of the selling
stockholders, or any person with
whom any selling stockholder has a contractual relationship regarding
the transaction (or
any predecessors of those persons) in connection with the sale of the
shares or the related
warrants.
If it is your view that the description of the relationships and
arrangements sought by this
comment already is presented in the registration statement and that
all agreements sought
by this comment are included as exhibits to the registration
statement, please provide us
with confirmation of your view in this regard.
Incorporation of Information by Reference, page 40
5. If you are eligible to incorporate by reference and choose to do so,
please revise this
section consistent with Form S-1 Item 12(a)(2) which requires that you
specifically
incorporate by reference specified documents filed since December 31,
2017, the end of
the fiscal year that you mention in the first bullet point of this
section. Also, tell us the
authority on which you rely to incorporate the document mentioned in
your penultimate
bullet point in this section.
Undertakings, page II-6
6. Please provide the undertakings required by Regulation S-K Item
512(a)(5)(ii).
Signatures, page II-8
7. Please file the Power of Attorney that granted authority to the
attorney-in-fact who signed
this document.
We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.
Refer to Rules 460 and 461 regarding requests for acceleration. Please
allow adequate
time for us to review any amendment prior to the requested effective date of
the registration
statement.
Brent Kelton
AMERI Holdings, Inc.
September 18, 2018
Page 4
Please contact Tim Buchmiller at (202) 551-3635, or Russell Mancuso,
Branch Chief, at
(202) 551-3617 with any questions.
Sincerely,
FirstName LastNameBrent Kelton
Division of
Corporation Finance
Comapany NameAMERI Holdings, Inc.
Office of Electronics
and Machinery
September 18, 2018 Page 4
cc: Adam W. Finerman, Esq.
FirstName LastName