United States securities and exchange commission logo
January 6, 2023
Edward J. Wegel
Chief Executive Officer
Talon 1 Acquisition Corp.
2333 Ponce De Leon Blvd.
Suite 630
Coral Gables, FL 33134
Re: Talon 1 Acquisition
Corp
Preliminary Proxy
Statement on Schedule 14A
Filed December 30,
2022
File No. 001-41001
Dear Edward J. Wegel:
We have reviewed your filing and have the following comment. In
our comment, we may
ask you to provide us with information so we may better understand your
disclosure.
Please respond to this comment within ten business days by
providing the requested
information or advise us as soon as possible when you will respond. If
you do not believe our
comment applies to your facts and circumstances, please tell us why in
your response.
After reviewing your
response to this comment, we may have additional comments.
Preliminary Proxy Statement on Schedule 14A
General
1. With a view toward
disclosure, please tell us whether your sponsor is, is controlled by, or
has substantial ties
with a non-U.S. person. If so, also include risk factor disclosure that
addresses how this fact
could impact your ability to complete your initial business
combination. For
instance, discuss the risk to investors that you may not be able to
complete an initial
business combination with a U.S. target company should the
transaction be subject
to review by a U.S. government entity, such as the Committee on
Foreign Investment in
the United States (CFIUS), or ultimately prohibited. Disclose that
as a result, the pool
of potential targets with which you could complete an initial business
combination may be
limited. Further, disclose that the time necessary for government
review of the
transaction or a decision to prohibit the transaction could prevent you from
completing an initial
business combination and require you to liquidate. Disclose the
consequences of
liquidation to investors, such as the losses of the investment
Edward J. Wegel
Talon 1 Acquisition Corp.
January 6, 2023
Page 2
opportunity in a target company, any price appreciation in the combined
company, and the
warrants, which would expire worthless.
We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.
Please contact Victor Rivera Melendez at 202-551-4182 or Pam Howell at
202-551-3357
with any questions.
Sincerely,
FirstName LastNameEdward J. Wegel
Division of
Corporation Finance
Comapany NameTalon 1 Acquisition Corp.
Office of Real Estate
& Construction
January 6, 2023 Page 2
cc: Jeffrey R. Shuman, Esq.
FirstName LastName