January 23, 2024

 

United States Securities and Exchange Commission
Division of Corporation Finance
Office of Life Sciences
100 F Street, N.E.
Washington, DC 20549

Attention:Tyler Howes

 

Re:Sagimet Biosciences Inc.
Registration Statement on Form S-1
File No. 333-276664

 

Ladies and Gentlemen:

 

Pursuant to Rule 460 of the General Rules and Regulations under the Securities Act of 1933, as amended (the “Securities Act”), we wish to advise that as of the time of this filing, the underwriters have not yet made any distribution of the Preliminary Prospectus of Sagimet Biosciences Inc. (the “Registrant”) dated January 23, 2024. However, the underwriters are taking steps to see that all underwriters, brokers or dealers participating in the public offering of shares of the Registrant’s common stock pursuant to the above-captioned Registration Statement, as amended (the “Registration Statement”), are promptly furnished with sufficient copies of the preliminary and final prospectus to enable them to comply with the prospectus delivery requirements of Sections 5(b)(1) and (2) of the Securities Act.

 

We wish to advise you that the participating underwriters have complied and will continue to comply with the requirements of Rule 15c2-8 under the Securities Exchange Act of 1934, as amended.

 

We hereby join in the request of the Registrant that the effectiveness of the above-captioned Registration Statement be accelerated to 4:00 p.m. Eastern Time, on January 25, 2024 or as soon thereafter as practicable.

 

[signature page follows]

 

 

 

 

Very truly yours,

 

GOLDMAN SACHS & CO. LLC

COWEN AND COMPANY, LLC
LEERINK PARTNERS LLC

 

As representatives of the Underwriters

 

By: Goldman Sachs & Co. LLC  
     
By: /s/ Lyla Bibi   
  Name: Lyla Bibi  
  Title: Managing Director  

 

By: Cowen and Company, LLC  
     
By: /s/ Bill Follis   
  Name: Bill Follis  
Title: Managing Director  

 

By: Leerink Partners LLC  
     
By: /s/ Jon Civitarese   
  Name: Jon Civitarese  
Title: Senior Managing Director