# EDGAR Filing Document

**Accession Number:** 0001834494
**File Stem:** 0000000000-25-007980
**Filing Date:** 2025-7
**Character Count:** 6152
**Document Hash:** 733ac65bf446bdfd1faabfceffe3cbda
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-25-007980.hdr.sgml**: 20260123

**ACCESSION NUMBER**: 0000000000-25-007980

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250730

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MeridianLink, Inc.
- **CENTRAL INDEX KEY:** 0001834494
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 824844620
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 001-40680

**BUSINESS ADDRESS:**
- **STREET 1:** 1 VENTURE, SUITE 235
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618
- **BUSINESS PHONE:** 866-417-3274

**MAIL ADDRESS:**
- **STREET 1:** 1 VENTURE, SUITE 235
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Project Angel Parent, LLC
- **DATE OF NAME CHANGE:** 20201202
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001834494-25-000018

## Text-Extract

```

                                                            July 30, 2025

Elias Olmeta
Chief Financial Officer
MeridianLink, Inc.
1 Venture
Suite 235
Irvine, CA 92618

        Re: MeridianLink, Inc.
            Form 10-K for the Year Ended December 31, 2024
            File No. 001-40680
Dear Elias Olmeta:

       We have limited our review of your filing to the financial statements
and related
disclosures and have the following comments.

       Please respond to this letter within ten business days by providing the
requested
information or advise us as soon as possible when you will respond. If you do
not believe a
comment applies to your facts and circumstances, please tell us why in your
response.

       After reviewing your response to this letter, we may have additional
comments.

Form 10-K for the year ended December 31, 2024
Risk Factors
We have identified a material weakness in our internal control over financial
reporting for the
fiscal year ended December 31, 2024, page 42

1.     Please tell us your consideration to disclose total costs incurred to
date and
       any estimated costs expected to be incurred to remediate your material
weakness, if
       material.
Management's Discussion and Analysis of Financial Condition and Results of
Operations,
page 52

2.     We note you removed disclosure of your operating metrics, such as annual
recurring
       revenue (ARR), net retention rate (NRR), total customer count and
organic customer
       growth from your Form 10-K and Form 10-Q filings; however, you continue
to
       provide this information in your quarterly investor presentations and
Form 8-K filings.
       As it appears management still monitors and reviews these metrics,
please tell us why
 July 30, 2025
Page 2

       you removed this disclosure or revise to include it in future filings.
In this regard, we
       note from your risk factor on page 17, if the company fails to increase
the number of
       customers or retain existing customers, your business may be harmed.
Alternatively,
       tell us what other metrics management uses to monitor your ability to
retain and grow
       your business, and revise to include a quantified discussion of such
measures in future
       filings. Refer to SEC Release No. 33-10751.
Comparison of the years ended December 31, 2024 and 2023, page 60

3.     You state the increase in lending software solutions revenues was
primarily due to
       higher revenue from new and existing customers. In addition, you state
the increase in
       gross profit was primarily due to higher lending software solutions
revenue and a
       decrease in third-party costs driven by lower data verification software
solutions
       volumes, which was partially offset by lower data verification software
solutions
       revenue, higher employee-related costs, and higher amortization of
developed
       technology. Where a material change is attributed to two or more
factors, including
       any offsetting factors, the contribution of each identified factor
should be described in
       quantified terms. Accordingly, please revise to quantify the impact of
factors affecting
       fluctuations in your revenue and gross profit. Additionally, refrain
from using terms
       such as "primarily" in lieu of providing more specific quantitative
disclosure. Refer to
       Item 303(b) of Regulation S-K, and your response to comment 10 in your
January 26,
       2021 letter.
Notes to Consolidated Financial Statements
Note 3 - Revenue Recognition, page 85

4.     Please tell us your consideration to disclose any remaining performance
obligations as
       of period end and an estimation of when you expect to recognize such
amounts. In this
       regard, we note the initial term of contracts with customers is
typically three years but
       may range from one to seven years. Refer to ASC 606-10-50-13.
Note 16 - Segment Information, page 110

5.     We note your significant expenses labeled adjusted subscription and
services, adjusted
       general and administrative, adjusted research and development and
adjusted sales and
       marketing differ from similar expenses reported in the consolidated
statement of
       operations. Please revise to clarify how each of these significant
expenses is
       measured and describe the expenses excluded from each line item.
 July 30, 2025
Page 3

        In closing, 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.

       Please contact Brittany Ebbertt at 202-551-3572 or Kathleen Collins at
202-551-3499
with any questions.

                                                          Sincerely,

                                                          Division of
Corporation Finance
                                                          Office of Technology
cc:   Kayla Dailey

```

### Attached PDF Documents

**Attachment 1:** `filename1`

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