United States securities and exchange commission logo
January 30, 2024
Frank Lanuto
Chief Financial Officer
Stagwell Inc.
One World Trade Center, Floor 65
New York, NY 10007
Re: Stagwell Inc.
Form 10-K for
Fiscal Year Ended December 31, 2022
File No. 001-13718
Dear Frank Lanuto:
We have reviewed your January 18, 2024 response to our comment
letter and have the
following comment(s).
Please respond to this letter 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 a
comment applies to your facts and circumstances, please tell us why in
your response.
After reviewing your response to this letter, we may have
additional comments. Unless
we note otherwise, any references to prior comments are to comments in
our December 19, 2023
letter.
Form 10-K for Fiscal Year Ended December 31, 2022
Notes to Consolidated Financial Statements
20. Segment Information, page 113
1. We note your response
to our prior comment number 2. If the balance of long-lived assets
located outside the
United States in aggregate represents more than 10% of the total long-
lived assets, please
revise to disclose separately the balances of long-lived assets located
in the United States
and outside the United States in total. Refer to ASC 280-10-50-41(b).
Frank Lanuto
FirstName LastNameFrank Lanuto
Stagwell Inc.
Comapany
January 30,NameStagwell
2024 Inc.
January
Page 2 30, 2024 Page 2
FirstName LastName
Please contact Aamira Chaudhry at 202-551-3389 or Stephen Kim at
202-551-3291 if
you have questions regarding comments on the financial statements and related
matters.
Sincerely,
Division of Corporation
Finance
Office of Trade &
Services