# EDGAR Filing Document

**Accession Number:** 0001068875
**File Stem:** 0000000000-23-001062
**Filing Date:** 2023-2
**Character Count:** 9873
**Document Hash:** 8aecdc098a4f466dc3422b545a789a67
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-001062.hdr.sgml**: 20230330

**ACCESSION NUMBER**: 0000000000-23-001062

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230201

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AVANTAX, INC.
- **CENTRAL INDEX KEY:** 0001068875
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **IRS NUMBER:** 911718107
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 3200 OLYMPUS BLVD.
- **STREET 2:** SUITE 100
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75019
- **BUSINESS PHONE:** 972-870-6000

**MAIL ADDRESS:**
- **STREET 1:** 3200 OLYMPUS BLVD.
- **STREET 2:** SUITE 100
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLUCORA, INC.
- **DATE OF NAME CHANGE:** 20120605

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INFOSPACE INC
- **DATE OF NAME CHANGE:** 20000428

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INFOSPACE COM INC
- **DATE OF NAME CHANGE:** 19980824
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001387131-23-000758

## Text-Extract

```

United States securities and exchange commission logo

                              February 1, 2023

       Beth E. Berg
       Partner
       Sidley Austin LLP
       One South Dearborn
       Chicago, Illinois 60603

                                                        Re: Avantax, Inc.
                                                            Schedule TO-I
                                                            Filed January 27,
2023
                                                            File No. 005-55807

       Dear Beth E. Berg:

              We have reviewed your filing 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 these comments by providing the requested
information or advise us as
       soon as possible when you will respond. If you do not believe our
comments apply to your facts
       and circumstances, please tell us why in your response.

               After reviewing your response to these comments, we may have
additional comments.
       All defined terms have the same meaning as in the tender offer
materials.

       Schedule TO-I filed January 27, 2023

       Cautionary Note Regarding Forward-Looking Statements, page 10

   1.                                                   We note the first
sentence in this section stating that the offering documents "contain
                                                        certain
'forward-looking statements' as defined in Section 27A of the Securities Act of
                                                        10333...and Section 21E
of the Exchange Act, which are subject to the 'safe harbor'
                                                        created by those
sections." The safe harbor provisions of the Private Securities Litigation
                                                        Reform Act do not apply
to statements made in connection with a tender offer. See
                                                        Section 27A(b)(2)(c) of
the Exchange Act and Section 21E(b)(2)(c) of the Securities and
                                                        Exchange Act. Please
delete references to the Reform Act or clarify that the the
                                                        statements made in the
offer materials are not subject to its safe harbor for forward-
                                                        looking statements.
 Beth E. Berg
Sidley Austin LLP
February 1, 2023
Page 2
Conditions of the Tender Offer, page 28

2.       Refer to the following statement in the first paragraph on page 28:
"Our failure at any time
         to exercise any of the foregoing rights will not be deemed a waiver of
any right, and each
         such right will be deemed an ongoing right that may be asserted ay any
time prior to the
         Expiration Time." When an event occurs that implicates an offer
condition, the bidder
         must promptly notify target security holders whether it will waive the
condition or
         proceed with the offer, or assert the condition and terminate. This
statement implies that
         Avantax is not under an obligation to advise security holders what it
will do when such
         event occurs. Please revise.
Source and Amount of Funds, page 28

3.       Revise to provide the disclosure required by Item 7 of Schedule TO and
Item 1007(d)(2)
         of Regulation M-A as to to the funds being used to purchase tendered
shares.
Certain Information Concerning Us, page 29

4.       We note your disclosure that    any information that we file later
with the SEC
         will automatically update and, in some cases, supersede the
information herein.    Schedule
         TO does not expressly authorize such apparent    forward incorporation
by reference.
         Rather, General Instruction F specifies how you may incorporate by
reference in a
         Schedule TO. Please revise.
Fees and Expenses, page 43

5.       Please provide a reasonably-detailed list of expenses incurred or
expected to be incurred
         in connection with the tender offer. See Item 7 of Schedule TO and
Item 1007(c) of
         Regulation M-A.
        We remind you that the filing persons are responsible for the accuracy
and adequacy of
their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.

       Please direct any questions to Michael Killoy at (202) 551-7576 or
Christina Chalk at
(202) 551-3440.

FirstName LastNameBeth E. Berg                                 Sincerely,
Comapany NameSidley Austin LLP
                                                               Division of
Corporation Finance
February 1, 2023 Page 2                                        Office of
Mergers & Acquisitions
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

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

CORPORATION FINANCE

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

February 1, 2023

Beth E. Berg  
Partner  
Sidley Austin LLP  
One South Dearborn  
Chicago, Illinois 60603

**Re: Avantax, Inc.  
Schedule TO-I  
Filed January 27, 2023  
File No. 005-55807**

Dear Beth E. Berg:

We have reviewed your filing 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 these comments by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response.

After reviewing your response to these comments, we may have additional comments. All defined terms have the same meaning as in the tender offer materials.

Schedule TO-I filed January 27, 2023

Cautionary Note Regarding Forward-Looking Statements, page 10

1. We note the first sentence in this section stating that the offering documents 'contain certain 'forward-looking statements' as defined in Section 27A of the Securities Act of 10333...and Section 21E of the Exchange Act, which are subject to the 'safe harbor' created by those sections.' The safe harbor provisions of the Private Securities Litigation Reform Act do not apply to statements made in connection with a tender offer. See Section 27A(b)(2)(c) of the Exchange Act and Section 21E(b)(2)(c) of the Securities and Exchange Act. Please delete references to the Reform Act or clarify that the statements made in the offer materials are not subject to its safe harbor for forward-looking statements.

Beth E. Berg
Sidley Austin LLP
February 1, 2023
Page 2

# Conditions of the Tender Offer, page 28

2. Refer to the following statement in the first paragraph on page 28: "Our failure at any time to exercise any of the foregoing rights will not be deemed a waiver of any right, and each such right will be deemed an ongoing right that may be asserted by any time prior to the Expiration Time." When an event occurs that implicates an offer condition, the bidder must promptly notify target security holders whether it will waive the condition or proceed with the offer, or assert the condition and terminate. This statement implies that Avantax is not under an obligation to advise security holders what it will do when such event occurs. Please revise.

# Source and Amount of Funds, page 28

3. Revise to provide the disclosure required by Item 7 of Schedule TO and Item 1007(d)(2) of Regulation M-A as to the funds being used to purchase tendered shares.

# Certain Information Concerning Us, page 29

4. We note your disclosure that "any information that we file later with the SEC will automatically update and, in some cases, supersede the information herein." Schedule TO does not expressly authorize such apparent "forward incorporation by reference." Rather, General Instruction F specifies how you may incorporate by reference in a Schedule TO. Please revise.

# Fees and Expenses, page 43

5. Please provide a reasonably-detailed list of expenses incurred or expected to be incurred in connection with the tender offer. See Item 7 of Schedule TO and Item 1007(c) of Regulation M-A.

We remind you that the filing persons are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.

Please direct any questions to Michael Killoy at (202) 551-7576 or Christina Chalk at (202) 551-3440.

Sincerely,

Division of Corporation Finance
Office of Mergers & Acquisitions