April 28, 2020
Mr. Paul Fischer
Office of Healthcare and Insurance
United States Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
Re: | Lyra Therapeutics, Inc. |
Registration Statement on Form S-1 (as amended) (SEC File No. 333-236962)
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), we hereby join in the request of Lyra Therapeutics, Inc. that the effective date of the Registration Statement be accelerated so that it will be declared effective at 4:00 p.m., New York City time, on April 30, 2020, or as soon thereafter as practicable.
Pursuant to Rule 460 under the Act, please be advised that we have distributed approximately 450 copies of the Preliminary Prospectus dated April 27, 2020 (the Preliminary Prospectus) through the date hereof, to underwriters, dealers, institutions and others.
In connection with the Preliminary Prospectus distribution for the above-referenced issue, the prospective underwriters have confirmed that they are complying with the 48-hour requirement in Rule 15c2-8(b) under the Securities Exchange Act of 1934, as amended.
Very truly yours,
BOFA SECURITIES, INC.
JEFFERIES LLC
WILLIAM BLAIR & COMPANY, L.L.C.
As Representatives of the several underwriters
[SIGNATURE PAGES FOLLOW]
BOFA SECURITIES, INC. | ||||
By: | /s/ Michael A.H. Allong | |||
Name: Title: |
Michael A.H. Allong Authorized Signatory |
JEFFERIES LLC | ||||
By: | /s/ Charlie Glazer | |||
Name: Title: |
Charlie Glazer Managing Director |
WILLIAM BLAIR & COMPANY, L.L.C. | ||||
By: | /s/ Steve Maletzky | |||
Name: Title: |
Steve Maletzky Partner, Equity Capital Markets |
As representatives of the several underwriters.
cc: | Ilir Mujalovic, Partner, Shearman & Sterling LLP |
[Signature Page to Acceleration Request Letter]