As filed with the Securities and Exchange Commission on March 20, 2019
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM S-8
Registration Statement Under the Securities Act of 1933
Ekso Bionics Holdings, Inc.
(Exact name of registrant as specified in its charter)
Nevada | 99-0367049 |
(State or other jurisdiction of incorporation or organization) |
(I.R.S. Employer Identification No.) |
1414 Harbour Way, Suite 1201 | |
Richmond, California | 94804 |
(Address of Principal Executive Offices) | (Zip Code) |
Ekso Bionics 401(k) Plan
Jack Peurach, CEO
Ekso Bionics Holdings, Inc.
1414 Harbour Way, Suite 1201
Richmond, CA 94804
(510) 984-1761
(Name, address and telephone number, including area code, of agent for service)
Copy to:
Michael J. O’Donnell, Esq.
Alfredo B. D. Silva, Esq.
Morrison & Foerster, LLP
755 Page Mill Road
Palo Alto, CA 94304
(650) 813-5600
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer ¨ | Accelerated filer x |
Non-accelerated filer ¨ | Smaller reporting company x |
Emerging growth company ¨ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of Securities Act. ¨
Calculation of Registration Fee
Title of securities to be registered(1) |
Amount to be registered |
Proposed maximum offering price per share |
Proposed maximum aggregate offering price |
Amount of registration fee |
||||||||||||
Common stock, par value $0.001 per share: | 141,480 | (2) | $ | 2.28 | (3) | $ | 322,574.40 | (3) | $ | 39.10 | (3) |
(1) | This Registration Statement covers shares of common stock, $0.001 par value per share, of Ekso Bionics Holdings, Inc. (the “Registrant”) that may be issued to the Ekso Bionics 401(k) Plan (the “401(k) Plan”), or its beneficiaries, as employer matching contributions. In addition, pursuant to Rule 416(c) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement also covers an indeterminate amount of plan interests in the 401(k) Plan. |
(2) | This Registration Statement registers 141,480 shares of common stock for issuance to the 401(k) Plan, or its beneficiaries, as employer matching contributions. In accordance with Rule 416 under the Securities Act, this Registration Statement shall be deemed to cover an indeterminate number of additional shares of common stock, as may be issuable pursuant to future stock dividends, stock splits, or similar transactions. |
(3) | Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and (h) under the Securities Act, based on the average of the high ($2.32) and low ($2.24) prices of the Registrant’s common stock as reported on the Nasdaq Capital Market, which was $2.28 on March 14, 2019. |
EXPLANATORY NOTE
Pursuant to General Instruction E of Form S-8 under the Securities Act, this Registration Statement of the Registrant on Form S-8 is being filed in order to register 141,480 additional shares of the Registrant’s common stock which may be offered from time to time under the 401(k) Plan. The contents of the earlier registration statement on Form S-8, filed on January 24, 2018 (File No. 333-222663), to the extent related to or incidental to the 401(k) Plan or the securities offered or sold under the 401(k) Plan, are incorporated by reference into this Registration Statement, and are supplemented by the information set forth below.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
The Registrant incorporates by reference the following documents that the Registrant has previously filed with the Securities and Exchange Commission (the “SEC”):
(a) The Registrant’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018, filed with the SEC on February 28, 2019;
(b) The 401(k) Plan’s Annual Report on Form 11-K for the year ended December 31, 2018, filed with the SEC on March 19, 2019;
(c) The Registrant’s Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31, 2018, June 30, 2018 and September 30, 2018, filed with the SEC on May 6, 2018, August 7, 2018 and November 7, 2018 respectively;
(d) The Registrant’s Current Reports on Form 8-K and Form 8-K/A, as applicable, filed with the SEC on January 26, 2018, March 13, 2018 (Item 5.02 only), March 28, 2018, May 15, 2018, June 12, 2018, July 10, 2018, August 13, 2018, August 21, 2018, November 5, 2018, December 17, 2018, January 18, 2019, January 30, 2019 and March 11, 2019; and
(e) The description of the registrant’s common stock contained in the Registrant’s Registration Statement on Form 8-A (File No. 001-37854) filed with the SEC on August 8, 2016, pursuant to Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including any amendment or report filed for the purpose of updating such description.
All reports and other documents of the Registrant or the 401(k) Plan subsequently filed with the SEC pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date of this Registration Statement and prior to the filing of a post-effective amendment that indicates the Registrant has sold all of the securities offered under this Registration Statement or deregisters the distribution of all such securities then remaining unsold shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date that the Registrant or the 401(k) Plan, as the case may be, files such report or document; provided, however, that documents or information deemed to have been furnished and not filed in accordance with the rules of the SEC shall not be deemed incorporated by reference into this Registration Statement. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
Item 8. Exhibits
Exhibit No. |
Description of Exhibit |
In lieu of the opinion of counsel or determination letter contemplated by item 601(b)(5) of Regulation S-K, the Registrant hereby undertakes that it will submit or has submitted the 401(k) Plan and any amendments thereto to the Internal Revenue Service (“IRS”) in a timely manner and has made or will make all changes required by the IRS in order to qualify the 401(k) Plan.
*Filed herewith.
Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Richmond, State of California, on March 20, 2019.
EKSO BIONICS HOLDINGS, INC. | |||
By: |
/s/ John F. Glenn | ||
John F. Glenn | |||
Chief Financial Officer | |||
(principal financial officer) |
Signatures and POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints Jack Peurach and John F. Glenn, or either one of them, his or her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for such person and in his or her name, place and stead, in any and all capacities, to sign any or all further amendments or supplements (including post-effective amendments filed pursuant to Rule 462(b) of the Securities Act of 1933, as amended) to this registration statement and to file the same, with all exhibits thereto, and other documents in connection therewith, with the SEC, granting unto said attorney-in-fact and agent or either one of them full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully as to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that each of said attorneys-in-fact and agents, or any of them, or his substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.
Signatures |
Title |
Date | ||
/s/ Jack Peurach | Director and Chief Executive Officer | March 20, 2019 | ||
Jack Peurach | (principal executive officer) | |||
/s/ John F. Glenn | Chief Financial Officer (principal financial and | March 20, 2019 | ||
John F. Glenn | accounting officer) | |||
/s/ Steven Sherman | Director and Chairman of the Board | March 20, 2019 | ||
Steven Sherman | ||||
/s/ Marilyn Hamilton | Director | March 20, 2019 | ||
Marilyn Hamilton | ||||
/s/ Thomas A. Schreck |
Director | March 20, 2019 | ||
Thomas A. Schreck | ||||
/s/ Charlies Li | Director | March 20, 2019 | ||
Charles Li | ||||
/s/ Stanley Stern | Director | March 20, 2019 | ||
Stanley Stern | ||||
/s/ Theodore Wang | Director | March 20, 2019 | ||
Theodore Wang | ||||
Ekso Bionics 401(k) Plan. Pursuant to the requirements of the Securities Act of 1933, the trustees (or other persons who administer the 401(k) Plan) have duly caused this Registration Statement to be signed on their behalf by the undersigned, thereunto duly authorized in the in the City of Richmond, State of California, on March 20, 2019.
EKSO BIONICS 401(k) Plan. | |||
By: |
/s/ John F. Glenn | ||
John F. Glenn, on behalf of the Ekso Bionics, Inc., Plan Administrator |