# EDGAR Filing Document

**Accession Number:** 0001897762
**File Stem:** 0000000000-23-000887
**Filing Date:** 2023-1
**Character Count:** 11800
**Document Hash:** 6f77ab6a4bc186ed71dab7b936e119c3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-000887.hdr.sgml**: 20241121

**ACCESSION NUMBER**: 0000000000-23-000887

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230126

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ingram Micro Holding Corp
- **CENTRAL INDEX KEY:** 0001897762
- **STANDARD INDUSTRIAL CLASSIFICATION:** WHOLESALE-COMPUTER & PERIPHERAL EQUIPMENT & SOFTWARE [5045]
- **ORGANIZATION NAME:** 07 Trade & Services
- **IRS NUMBER:** 862249729
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0101

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 377-06130

**BUSINESS ADDRESS:**
- **STREET 1:** C/O PLATINUM EQUITY ADVISORS, LLC
- **STREET 2:** 360 N. CRESCENT DRIVE
- **CITY:** BEVERLY HILLS
- **STATE:** CA
- **ZIP:** 90210
- **BUSINESS PHONE:** 714-566-1000

**MAIL ADDRESS:**
- **STREET 1:** 3351 MICHELSON DRIVE
- **STREET 2:** SUITE 100
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92612
**PUBLIC REFERENCE ACCESSION NUMBER**: 0000950123-22-003948

## Text-Extract

```

United States securities and exchange commission logo

                              January 26, 2023

       Paul Bay
       Chief Executive Officer
       Ingram Micro Holding Corporation
       3351 Michelson Drive, Suite 100
       Irvine, CA 92612

                                                        Re: Ingram Micro
Holding Corporation
                                                            Amendment No. 3 to
Draft Registration Statement on Form S-1
                                                            Submitted January
10, 2023
                                                            CIK No. 0001897762

       Dear Paul Bay:

             We have reviewed your amended draft registration statement and
have the following
       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 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 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 the information you provide in response to these
comments and your
       amended draft registration statement or filed registration statement, we
may have additional
       comments.

       Amendment No. 3 to Draft Registration Statement on Form S-1

       Prospectus Summary
       Our Relationship with Our Sponsor, page 12

   1.                                                   Please provide
disclosure in this section regarding the agreements you have with your
                                                        Sponsor, such as the
advisory agreement and investor rights agreement. Please also
                                                        discuss that your
Sponsor will continue to control your board and corporate decisions after
                                                        the offering, including
the board representation rights in your investor rights agreement.
                                                        Also discuss potential
conflicts of interests with your Sponsor as you do in your risk factor
                                                        disclosure on page 55.
 Paul Bay
FirstName  LastNamePaul Bay
Ingram Micro  Holding Corporation
Comapany
January 26,NameIngram
            2023       Micro Holding Corporation
January
Page 2 26, 2023 Page 2
FirstName LastName
Management's Discussion and Analysis of Financial Condition and Results of
Operations, page
81

2.       Please discuss the comparative results of your 32-week interim period
ended October 1,
         2022 and pro forma combined financial period ended October 2, 2021.
Liquidity and Capital Resources, page 124

3.       We note your amended disclosure in response to comment 1 and reissue.
Please expand
         your discussion of interest rates to describe their impact on your
financial condition,
         including your balance sheet. For example, given rising rates,
describe any resulting
         impacts on your inventory, accounts payable, long-term debt, or
accrued expense
         balances. If applicable, expand your disclosure to describe how you
are funding these
         additional costs. Your current disclosure includes a description of
your debt, but does not
         state whether you are and have been impacted by rising interest rates.
Executive Compensation, page 162

4.       We note your disclosure that material elements of your 2022 executive
compensation
         were determined "in consultation with representatives from Platinum
Equity." Please
         clarify if these services were performed as part of the Corporate
Advisory Services
         Agreement with Platinum Equity and clarify Platinum's role in the
determination of
         executive compensation after completion of this offering.
Unaudited Condensed Consolidated Financial Statements
Note 2 - Summary of Significant Accounting Policies
Revision of Previously Issued Consolidated Financial Statements, page F-64

5.       Please provide a description of the error that each adjustment
corrects relating to the CLS
         Sale. In this regard, the nature of the error is not clear from your
current disclosure.
6.       The errors resulted in a $122 million overstatement of cash used in
operating activities for
         the twenty-six weeks ended July 2, 2022, which appears to be
quantitatively material.
         Please provide a detailed SAB 99 materiality analysis to support your
determination that
         the errors you identified were not material. Also, tell us and
disclose how these errors
         impacted your free cash flow non-GAAP measure. Otherwise, remove your
disclosures
         stating that the errors were not material and confirm that you will
identify the financial
         statements as    restated    and provide appropriate ASC 250
disclosures, when financial
         statements for the twenty-six weeks ended July 2, 2022 are next
presented.
 Paul Bay
FirstName  LastNamePaul Bay
Ingram Micro  Holding Corporation
Comapany
January 26,NameIngram
            2023       Micro Holding Corporation
January
Page 3 26, 2023 Page 3
FirstName LastName
       You may contact Keira Nakada at 202-551-3659 or Rufus Decker at
202-551-3769 if you
have questions regarding comments on the financial statements and related
matters. Please
contact Alyssa Wall at 202-551-8106 or Jennifer L  pez Molina at 202-551-3792
with any other
questions.

                                                        Sincerely,

                                                        Division of Corporation
Finance
                                                        Office of Trade &
Services
cc:      Cristopher Greer

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

CORPORATION FINANCE

# UNITED STATES  
SECURITIES AND EXCHANGE COMMISSION  
WASHINGTON, D.C. 20549

January 26, 2023

Paul Bay  
Chief Executive Officer  
Ingram Micro Holding Corporation  
3351 Michelson Drive, Suite 100  
Irvine, CA 92612

# **Re: Ingram Micro Holding Corporation  
Amendment No. 3 to Draft Registration Statement on Form S-1  
Submitted January 10, 2023  
CIK No. 0001897762**

Dear Paul Bay:

We have reviewed your amended draft registration statement and have the following 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 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 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 the information you provide in response to these comments and your amended draft registration statement or filed registration statement, we may have additional comments.

# Amendment No. 3 to Draft Registration Statement on Form S-1

# Prospectus Summary

# Our Relationship with Our Sponsor, page 12

1. Please provide disclosure in this section regarding the agreements you have with your Sponsor, such as the advisory agreement and investor rights agreement. Please also discuss that your Sponsor will continue to control your board and corporate decisions after the offering, including the board representation rights in your investor rights agreement. Also discuss potential conflicts of interests with your Sponsor as you do in your risk factor disclosure on page 55.

Paul Bay
Ingram Micro Holding Corporation
January 26, 2023
Page 2

# Management's Discussion and Analysis of Financial Condition and Results of Operations, page 81

2. Please discuss the comparative results of your 32-week interim period ended October 1, 2022 and pro forma combined financial period ended October 2, 2021.

# Liquidity and Capital Resources, page 124

3. We note your amended disclosure in response to comment 1 and reissue. Please expand your discussion of interest rates to describe their impact on your financial condition, including your balance sheet. For example, given rising rates, describe any resulting impacts on your inventory, accounts payable, long-term debt, or accrued expense balances. If applicable, expand your disclosure to describe how you are funding these additional costs. Your current disclosure includes a description of your debt, but does not state whether you are and have been impacted by rising interest rates.

# Executive Compensation, page 162

4. We note your disclosure that material elements of your 2022 executive compensation were determined "in consultation with representatives from Platinum Equity." Please clarify if these services were performed as part of the Corporate Advisory Services Agreement with Platinum Equity and clarify Platinum's role in the determination of executive compensation after completion of this offering.

# Unaudited Condensed Consolidated Financial Statements

# Note 2 - Summary of Significant Accounting Policies

# Revision of Previously Issued Consolidated Financial Statements, page F-64

5. Please provide a description of the error that each adjustment corrects relating to the CLS Sale. In this regard, the nature of the error is not clear from your current disclosure.
6. The errors resulted in a $122 million overstatement of cash used in operating activities for the twenty-six weeks ended July 2, 2022, which appears to be quantitatively material. Please provide a detailed SAB 99 materiality analysis to support your determination that the errors you identified were not material. Also, tell us and disclose how these errors impacted your free cash flow non-GAAP measure. Otherwise, remove your disclosures stating that the errors were not material and confirm that you will identify the financial statements as "restated" and provide appropriate ASC 250 disclosures, when financial statements for the twenty-six weeks ended July 2, 2022 are next presented.

Paul Bay
Ingram Micro Holding Corporation
January 26, 2023
Page 3

You may contact Keira Nakada at 202-551-3659 or Rufus Decker at 202-551-3769 if you have questions regarding comments on the financial statements and related matters. Please contact Alyssa Wall at 202-551-8106 or Jennifer López Molina at 202-551-3792 with any other questions.

Sincerely,

Division of Corporation Finance
Office of Trade & Services

cc: Cristopher Greer