United States securities and exchange commission logo
January 8, 2021
Dennis Ryan
Chief Financial Officer
FS Development Corp.
600 Montgomery Street, Suite 4500
San Francisco, California 94111
Re: FS Development
Corp.
Amendment No. 2 to
Registration Statement on Form S-4
Filed December 28,
2020
File No. 333-249785
Dear Mr. Ryan:
We have reviewed your amended registration statement and have the
following
comment.
Please respond to this letter by amending your registration
statement and providing the
requested information. If you do not believe our comment applies 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 this comment, we may have additional comments.
Unless we note
otherwise, our references to prior comments are to comments in our
December 18, 2020 letter
Amendment No. 2 to Registration Statement on Form S-4
Management After the Business Combination
Compensation Committee, page 178
1. We note your disclosure
that the Board has determined that Mr. Tananbaum is not an
independent director
under the Nasdaq listing rules, but Mr. Tananbaum will serve on the
compensation committee
of the combined company pursuant to an exception provided in
the listing rules.
Please revise to disclose that a member appointed under this exception
may not serve longer
than two years.
Dennis Ryan
FirstName LastNameDennis Ryan
FS Development Corp.
Comapany
January NameFS Development Corp.
8, 2021
January
Page 2 8, 2021 Page 2
FirstName LastName
You may contact Jenn Do at 202-551-3743 or Lynn Dicker at 202-551-3616
if you have
questions regarding comments on the financial statements and related matters.
Please contact
Ada D. Sarmento at 202-551-3798 or Tim Buchmiller at 202-551-3635 with any
other questions.
Sincerely,
Division of
Corporation Finance
Office of Life
Sciences
cc: Joel L. Rubinstein, Esq.