<SEC-DOCUMENT>0001104659-22-047405.txt : 20221123
<SEC-HEADER>0001104659-22-047405.hdr.sgml : 20221123
<ACCEPTANCE-DATETIME>20220419172601
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001104659-22-047405
CONFORMED SUBMISSION TYPE:	DRSLTR
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20220419

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Mobileye Holdings Inc.
		CENTRAL INDEX KEY:			0001910139
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DRSLTR

	BUSINESS ADDRESS:	
		STREET 1:		HAR HOTZVIM, 13 HARTOM STREET
		STREET 2:		P.O. BOX 45157
		CITY:			JERUSALEM
		STATE:			L3
		ZIP:			97775
		BUSINESS PHONE:		972 2 541 7333

	MAIL ADDRESS:	
		STREET 1:		HAR HOTZVIM, 13 HARTOM STREET
		STREET 2:		P.O. BOX 45157
		CITY:			JERUSALEM
		STATE:			L3
		ZIP:			97775

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Mobileye Holdings Inc.
		DATE OF NAME CHANGE:	20220224

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Mobileye Group Inc.
		DATE OF NAME CHANGE:	20220209
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    <TD COLSPAN="3" STYLE="text-align: center; font-size: 10pt"><FONT STYLE="font-size: 14pt; font-variant: small-caps">Skadden, Arps, Slate, Meagher&nbsp;&amp; Flom llp</FONT></TD></TR>
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    <TD STYLE="font-size: 10pt; text-align: center; width: 40%"><FONT STYLE="font-size: 10pt; text-transform: uppercase">300 South Grand Avenue</FONT></TD>
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    <TD STYLE="font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase">Los Angeles, California 90071-3144</FONT></TD>
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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(213) 687-5122</P>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">April&nbsp;19, 2022</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>VIA EDGAR</U></B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Division of Corporation Finance</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Office of Trade&nbsp;&amp; Services</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">U.S. Securities and Exchange Commission</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">100 F Street, NE</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Washington, D.C. 20549</P></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 1.5in"></TD><TD STYLE="width: 0.5in"><B>RE:</B></TD><TD><B>Mobileye Holdings&nbsp;Inc.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: 0"><B>Draft Registration Statement on Form&nbsp;S-1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: 0"><B>Submitted March&nbsp;2, 2022</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: 0"><B>CIK 0001910139</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On behalf of Mobileye Holdings&nbsp;Inc. (the
 &ldquo;<B><I>Company</I></B>&rdquo;), we submit to the staff (the &ldquo;<B><I>Staff</I></B>&rdquo;) of the Securities and Exchange Commission
(the &ldquo;<B><I>Commission</I></B>&rdquo;) this letter setting forth the Company&rsquo;s responses to the comments contained in the
Staff&rsquo;s letter dated March&nbsp;29, 2022 on the Company&rsquo;s Draft Registration Statement on Form&nbsp;S-1 confidentially submitted
on March&nbsp;2, 2022 (the &ldquo;<B><I>Draft Registration Statement</I></B>&rdquo;). Concurrently with the submission of this letter,
the Company is submitting Amendment No.&nbsp;1 to the Draft Registration Statement on Form&nbsp;S-1 (&ldquo;<B><I>Revised Registration
Statement</I></B>&rdquo;) and certain exhibits via EDGAR to the Commission for the Staff&rsquo;s review.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Staff&rsquo;s comments are repeated below in
bold and are followed by the Company&rsquo;s responses. We have included page&nbsp;references to the Revised Registration Statement where
the language addressing a particular comment appears. Capitalized terms used but not otherwise defined herein have the respective meanings
ascribed to them in the Revised Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">U.S. Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April&nbsp;19, 2022</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Page&nbsp;2</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Cover Page</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>1.</B></TD><TD><B>Please identify Intel Corp. as the affiliate that will hold the Dividend Note that you will be repaying with some of the proceeds
from this offering.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><B><I>Response</I></B>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and has revised the disclosure on the cover page&nbsp;to
                                                                                    identify Intel as the affiliate that will hold the Dividend Note that the Company will be repaying with some of the proceeds from
                                                                                    this offering.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Prospectus Summary, page&nbsp;1</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>2.</B></TD><TD><B>Given that you are a holding company, please include an organizational chart depicting the ownership structure of the company after
the reorganization.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><B><I>Response</I></B>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and has revised the disclosure on page&nbsp;11 to include an organizational
chart depicting the ownership structure of the company after the Reorganization.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Relationship with Intel, page&nbsp;8</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>3.</B></TD><TD><B>Please identify the directors who will serve as both directors of the company and in senior management roles at Intel.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><B><I>Response</I></B>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and has revised the disclosure on page&nbsp;9 to identify the directors
who will serve as both directors of the company and in senior management roles at Intel.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>The Offering, page&nbsp;12</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>4.</B></TD><TD><B>We note the number of common shares to be outstanding immediately after this offering excludes shares of Class&nbsp;A common stock
issuable upon vesting of restricted stock awards to be issued under your equity incentive plan in connection with the completion of the
offering. Please clarify why these shares are excluded. For example, disclose if they relate to grants already made that have not yet
satisfied the time based vesting criteria or the new Mobileye plan to be established in connection with the IPO. If you will issue restricted
stock awards in connection with the IPO, please revise to disclose the number of shares to be granted, an estimate of the expected expense
and provide disclosure of such grants in your subsequent events footnote, if applicable, pursuant to ASC 855-10-50-2.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><B><I>Response</I></B>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and has revised the disclosure on page&nbsp;15 to clarify that none
of the restricted stock units to be issued in connection with the completion of the offering will be vested at the time of completion
of the offering. The Company advises the Staff that it has not yet determined the total cost of such grants. The Company will revise its
disclosure in a future amendment to disclose such information and to provide disclosure of such grants in its subsequent events footnote.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">U.S. Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April&nbsp;19, 2022</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Page&nbsp;3</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Summary Historical Combined Financial and Other Data, page&nbsp;15</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>5.</B></TD><TD><B>We note your presentation of pro forma balance sheet information to reflect the Dividend distribution and the issuance of the Dividend
Note. Please tell us how you considered the need to present pro forma information for other actions to be taken in your reorganization.
For example, the Dividend Note appears to be interest bearing and you disclose that you will legally purchase the equity interests of
Moovit from Intel and enter into an asset purchase agreement with Intel.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><B><I>Response</I></B>:</TD><TD>The Company respectfully acknowledges the Staff's comment and has revised the disclosure on pages&nbsp;17 and 57 to 62 to include
unaudited pro forma condensed combined financial information to give effect to the Reorganization, the offering and the use of proceeds
to repay certain indebtedness under the Dividend Note.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>6.</B></TD><TD><B>Please clarify why you have included disclosure of earnings per share. In this regard, we note you have not presented net loss
per share in your audited financial statements because you did not operate as a separate legal entity with your own capital structure
during the periods presented therein. If you intend to present a pro forma measure of earnings per share, please revise to label this
as pro forma and provide footnotes explaining the purpose of the pro forma presentation. If there is more than one item included, please
reconcile the numerator and denominator of your earnings per share measure. Refer to Article&nbsp;11-02(a)(1)&nbsp;of Regulation S-X.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><B><I>Response</I></B>:</TD><TD>The Company respectfully acknowledges the Staff's comment and has revised the disclosure on page&nbsp;60 to include pro forma earnings
per share.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Risk Factors<BR>
We depend on STMicroelectronics to manufacture..., page&nbsp;18</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>7.</B></TD><TD><B>Please expand this risk factor to discuss the uncertainties and challenges relating to your reliance on Intel for the fabrication
of silicon-photonics used in your FMCW LiDAR. Discuss the material terms of any agreements with Intel regarding the fabrication, including
the termination provisions. File the manufacturing agreements with STMicroelectronics, Quanta Computer Incorporated, and Intel as exhibits.
See Item 601(b)(10)&nbsp;of Regulation S-K.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><B><I>Response</I></B>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and has revised the disclosure on pages&nbsp;20 and 21. The Company
advises the Staff that it believes it can significantly reduce the cost of its overall sensor suite by replacing multiple expensive LiDARs
around the vehicle with a single front-facing LiDAR. To that end,&nbsp;Intel and the Company are in the early stages of developing FMCW
LiDAR. However, if the Company does not complete the development of FMCW LiDAR, it plans to source alternative third-party LiDAR. Therefore,
the Company does not believe its reliance on Intel for the fabrication of silicon-photonics used in its FMCW LiDAR poses a material risk.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">U.S. Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April&nbsp;19, 2022</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Page&nbsp;4</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in">The Company further advises the Staff that it does not believe
its manufacturing agreement with Quanta Computer Incorporated is a material agreement under Item 601(b)(10)&nbsp;of Regulation S-K because
the agreement was entered into in the ordinary course of business, the Company&rsquo;s business is not substantially dependent on the
agreement because there are alternative sources available and the agreement is not otherwise material to the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in">The Company further advises the Staff that it does not
believe its manufacturing agreement with Intel is required to be filed under Item 601(b)(10)&nbsp;of Regulation S-K. Like the
manufacturing agreement with Quanta Computer Incorporated, the manufacturing agreement with Intel will be entered into in the
ordinary course of business, the Company&rsquo;s business will not be substantially dependent on the agreement because there are
alternative sources available and the agreement will not otherwise be material to the Company. Intel is a stockholder named in the
Revised Registration Statement, and, accordingly, the manufacturing agreement with Intel must be filed unless it is immaterial in
amount or significance. The Company evaluated the manufacturing agreement with Intel and determined that the agreement will be
immaterial in amount and significance because it relates only to early stages of development of FMCW LiDAR and alternative
third-party LiDAR can be sourced in its place.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.25in">The Company will file its agreement with
STMicroelectronics as an exhibit  in a future amendment to the Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>We depend on a limited number of Tier 1 customers..., page&nbsp;22</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>8.</B></TD><TD><B>For your largest Tier 1 customers that accounted for 35%, 19%, and 17% of your revenue in 2021, please identify the customers,
summarize the material terms of your material agreements with these customers, and tell us what consideration you have given to filing
any material agreements you have with these customers.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 63pt"><I>Response</I>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and advises the Staff that the Company does not believe the identity
of its largest Tier 1 customers is material to an understanding of its business taken as a whole or necessary for investors to make an
informed decision. The Company further advises the Staff that it has included a list of its Tier 1 customers on page&nbsp;104 of the Revised
Registration Statements and that specifically identifying the largest Tier 1 customers is not required by Regulation S-K, and the Company
considers the identities of such customers together with the percentage of the Company&rsquo;s revenue they account for to be highly confidential
and commercially sensitive.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">U.S. Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April&nbsp;19, 2022</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Page&nbsp;5</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 63pt; text-align: left"></TD><TD STYLE="text-align: left">The Company advises the Staff that it has not entered into written
agreements with such customers for the sale of the Company&rsquo;s products but rather provides its products to such customers pursuant
to standard purchase orders and customary terms and conditions. Additionally, such purchase orders and terms and conditions do not require
our largest Tier 1 customers to purchase our solutions in any quantity or at a certain price. As a result, the Company has determined
that such agreements are not material agreements under Item 601(b)(10)&nbsp;of Regulation S-K.</TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Management&rsquo;s Discussion and Analysis of Financial Condition
and Results of Operations<BR>
Non-GAAP Financial Measures, page&nbsp;57</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>9.</B></TD><TD><B>You disclose that you believe your non-GAAP measures may be helpful to investors because they allow for greater transparency with
respect to key metrics used by management in operating your business. Please revise your disclosure to more fully explain how your non-GAAP
measures allow for transparency and why that is useful to investors. Also, revise to identify and disclose the key metrics used by management,
including those referenced in this disclosure. Refer to SEC Release No.&nbsp;33-10751.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><I>Response</I>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and has revised the disclosure on page&nbsp;66 to clarify the usefulness
of the disclosed non-GAAP measures to investors and more fully explain how the disclosed non-GAAP measures allow for greater transparency
with respect to key metrics used by management in operating its business.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>10.</B></TD><TD STYLE="text-align: left"><B>You state that you exclude amortization of your acquisition-related intangible assets as you believe such adjustment facilitates
a useful evaluation of your current operating performance, a comparison to your past operating performance and provides investors with
additional means to evaluate cost and expense trends. Please further revise to clarify that while you are excluding the amortization expense
related to acquired intangible assets, your non-GAAP measures include revenue generated, in part, by such intangible assets. Also, revise
to further explain why presenting non-GAAP measures of gross profit and margins excluding such costs is useful to investors.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><B><I>Response</I></B>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and has revised the disclosure on page&nbsp;66 to more fully
                                                                                    explain that it excludes amortization of its acquisition-related intangible assets, although revenue is generated, in part, by those
                                                                                    intangible assets, as it believes such exclusion facilitates a useful evaluation of its current operating performance, a comparison
                                                                                    to its past operating performance and provides investors with additional means to evaluate costs and expense trends.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">U.S. Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April&nbsp;19, 2022</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Page&nbsp;6</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Adjusted Net Income, page&nbsp;59</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>11.</B></TD><TD><B>Please tell us, and revise to clearly explain, how you determine the income tax effects for your measure of adjusted net income.
Refer to Question 102.11 of the Non-GAAP Compliance and Disclosure Interpretations.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><I>Response</I>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and advises the Staff that it has calculated, for its performance
measure, the current and deferred income tax effects commensurate with its non-GAAP measure. The adjustment for income tax effects consists
primarily of the deferred tax impact of the amortization of acquired intangible assets (which was part of the reconciliation of Net Loss
to Adjusted Net Income). In calculating the tax impact, the Company applied the applicable statutory tax rate for each intangible asset
amortization amount. The share based compensation expense adjustment did not have a material tax impact. The Company has revised the disclosure
on page&nbsp;67 to explain how it determines the income tax effects for the measure of adjusted net income.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Results of Operations, page&nbsp;64</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>12.</B></TD><TD><B>Throughout your results of operations, you attribute a portion of the change in various operating expenses to increases in headcount.
Please revise to quantify the comparative headcount information to support the fluctuations in the impacted expenses. Refer to Item 303(b)&nbsp;of
Regulation S-K.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><I>Response</I>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and has revised the disclosure on pages&nbsp;74 and 75 in order to
quantify the comparative headcount information to support the fluctuation in the impacted expenses.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Critical Accounting Policies and Estimates<BR>
Goodwill, page&nbsp;70</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>13.</B></TD><TD><B>Please tell us which reporting unit you performed a quantitative impairment test for during fiscal 2021 and the amount of goodwill
allocated to such unit. Also, revise here to disclose whether your reporting unit is at risk of failing the quantitative impairment test
or that the fair value of your reporting unit is substantially in excess of carrying value and is not at risk of failing. If your reporting
unit is at risk of failing, you should disclose:</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD><B>the percentage by which fair value exceeded carrying value at the date of the most recent test;</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD><B>the amount of goodwill allocated to the reporting unit;</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">U.S. Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April&nbsp;19, 2022</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Page&nbsp;7</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD><B>a more detailed description of the methods and key assumptions used and how the key assumptions were determined;</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD><B>a discussion of the degree of uncertainty associated with the assumptions; and</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD><B>a description of potential events and/or changes in circumstances that could reasonably be expected to negatively affect the key
assumptions.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><I>Response</I>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and advises the Staff that for fiscal year 2021, the Company performed
a quantitative impairment test on the Moovit reporting unit, which had $111 million of allocated goodwill as of December&nbsp;25, 2021.
The reporting unit is not at risk of failing the quantitative impairment test and the fair value of the reporting unit substantially exceeded
its carrying amount. Accordingly, the Company has revised the disclosure on page&nbsp;80.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Business<BR>
Our End-to-End ADAS and AV Solutions, page&nbsp;82</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>14.</B></TD><TD><B>Please tell us, and revise to disclose if material, the percentage of revenue derived from each of your commercially deployed solutions.
Refer to Item 101(c)&nbsp;of Regulation S-K.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><I>Response</I>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and has revised the disclosure on pages&nbsp;1 and 71 to clarify that
it currently derives substantially all of its revenue from its commercially deployed ADAS solutions. As noted in Note 12 to its Combined
Financial Statements, Mobileye is the Company&rsquo;s only reportable segment, and revenue from Moovit is not material and is presented
within &ldquo;Other.&rdquo;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Regulation and Ratings, page&nbsp;97</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>15.</B></TD><TD><B>You state that the patchwork of U.S. state restrictions on autonomous vehicles increases the legal complexity of deploying your
solutions. If material, please discuss the short and long term plans you have made, if any, to navigate these restrictions and the extent
to which failure to liberalize current regulations would have a significant impact on the demand for your solutions.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><I>Response</I>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and has revised the disclosure on page&nbsp;108 to discuss the
                                                                             plans it has made to deal with the variations in U.S. state restrictions on autonomous vehicles. The Company believes that, except
                                                                             in any markets in which future regulations may prohibit autonomous vehicles (and the Company does not expect autonomous vehicles
                                                                             will be prohibited in any key markets in the future), it will be able to adapt its technology to local regulatory requirements in
                                                                             its key markets, including the United States, and does not expect a failure to liberalize current regulations to have a significant
                                                                             impact on the demand for its solutions.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">U.S. Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April&nbsp;19, 2022</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Page&nbsp;8</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Certain Relationships and Related Party Transactions, page&nbsp;107</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>16.</B></TD><TD><B>Please disclose whether you have an agreement with Intel regarding the composition of your board of directors, aside from Intel's
control of a majority of voting power. Also, discuss the material terms of the Stockholders Agreement between the company and Intel that
you intend to file as an exhibit.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 1in"><I>Response</I>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and advises the Staff that it does not have an agreement with Intel
regarding the composition of its board of directors, aside from Intel&rsquo;s control of a majority of its voting power. Also, the Company
advises the Staff that it does not intend to enter into a Stockholders Agreement with Intel at this time and has removed it from the Exhibit&nbsp;Index.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Combined Financial Statements<BR>
Note 2. Significant Accounting Policies<BR>
Concentration of credit risk, page&nbsp;F-16</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>17.</B></TD><TD><B>We note that three customers comprise 35%, 19% and 17% of your revenue. Please tell us whether you have similar concentrations
present in your accounts receivable balance. If so, revise to include a discussion of concentration of credit risk separately for each
customer pursuant to ASC 275-10-50-18(a).</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 1in"><I>Response</I>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and advises the Staff that the Company has similar concentrations
of credit risk in its accounts receivable balance; however, such balances are short-term balances that the Company continues to collect
on a regular basis. The Company does not believe there is a material difference in credit risk among these customers as they are similar
in nature, industry and historical credit loss pattern.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in">While the Company does not believe it has any significant
credit risk exposure related to these customers, it has revised the disclosure on pages&nbsp;F-16, F-17 and F-33 to disclose the
customers that comprise the main receivable balances similar to its disclosure of revenue concentration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">U.S. Securities and Exchange Commission</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">April&nbsp;19, 2022</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Page&nbsp;9</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>General</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>18.</B></TD><TD><B>Please provide us with supplemental copies of all written communications, as defined in Rule&nbsp;405 under the Securities Act,
that you, or anyone authorized to do so on your behalf, have presented or expect to present to potential investors in reliance on Section&nbsp;5(d)&nbsp;of
the Securities Act, whether or not you retained, or intend to retain, copies of those communications.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.75in"><B><I>Response</I></B>:</TD><TD>The Company respectfully acknowledges the Staff&rsquo;s comment and is providing to the Staff on a supplemental basis copies of
                                                                                    all written communications, as defined in Rule&nbsp;405 under the Securities Act, that the Company, or anyone authorized to do so on
                                                                                    behalf of the Company, presented to potential investors in reliance on Section&nbsp;5(d)&nbsp;of the Securities Act, whether or not
                                                                                    the Company retained, or intends to retain, copies of those communications.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Please contact me at (213) 687-5122 should you
require further information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%; text-align: left">Very truly yours,</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; text-align: left; padding-bottom: 1pt">/s/ Michelle Gasaway</TD></TR>
  </TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Via&nbsp;E-mail:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">cc:</TD><TD><I>Mobileye Holdings&nbsp;Inc.</I></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Anat Heller</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">cc:</TD><TD>S<I>kadden, Arps, Slate, Meagher&nbsp;&amp; Flom LLP</I></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Gregg Noel</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">cc:</TD><TD><I>Sullivan&nbsp;&amp; Cromwell LLP</I></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">John L. Savva</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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