As filed with the Securities and Exchange Commission on January 5, 2021
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of
incorporation or organization)
7800 Shoal Creek Blvd, Suite 230-S, Austin, Texas 78757
|(Address of Principal Executive Offices)|
|2018 Equity Incentive Plan|
|(Full title of the plan)|
Alan S. Knitowski, Chief Executive Officer
7800 Shoal Creek Blvd, Suite 230-S
Austin, Texas 78757
|(Name, address, including zip code, and telephone number, including area code, of agent for service)|
|Alex R. Allemann, Esq.||Matt Aune |
|Jeffrey M. McPhaul, Esq.||J. Brendhan Botkin|
|Winstead PC|| Phunware, Inc.|
|401 Congress Ave., Suite 2100|| 7800 Shoal Creek Blvd, Suite 230-S |
|Austin, Texas 78701||Austin, Texas 78757 |
|(512) 370-2800||(512) 693-4199|
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 ☐|
Non-accelerated filer ☒
Smaller reporting company ☒
|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
Amount to be
|Common Stock, par value $0.0001 per share||5,229,416 |
|$||1.19 ||$||6,223,005.04 ||$||678.93 |
|Total||5,229,416 ||$||1.19 ||$||6,223,005.04 ||$||678.93 |
This Registration Statement covers up to 5,229,416 shares of common stock (the "Common Stock"), par value $0.0001 per share, issuable under the Phunware 2018 Equity Incentive Plan (Amended and Restated as of December 4, 2020) (the "2018 Plan"). Pursuant to Rule 416(a) of the Securities Act of 1933, as amended (the “Securities Act”), this registration statement shall also cover any additional shares of the Registrant’s Common Stock that become issuable under the Registrant’s 2018 Plan by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without receipt of consideration that increases the number of outstanding shares of Common Stock.
|(2)||Represents (i) an increase of 2,500,000 shares of the Registrants Common Stock reserved for future issuances pursuant to the 2018 Plan approved by stockholders of the Registrant at the Company's Annual Meeting of Stockholders held on December 4, 2020 and (ii) 2,729,416 additional shares of the Registrant's Common Stock reserved for future issuance under the 2018 Plan by reason of the automatic increase provision of the 2018 Plan.|
Estimated solely for the purpose of calculating the registration fee in accordance with Rule 457(c) and Rule 457(h)(1) promulgated under the Securities Act based on the average of the high $1.27 and low $1.11 sales prices of the Registrant’s Common Stock on December 28, 2020, as reported on the Nasdaq Capital Market.
REGISTRATION OF ADDITIONAL SECURITIES
Phunware, Inc. (the "Registrant") is filing this Registration Statement on Form S-8 for the purpose of registering the offer and sale of an additional 5,229,416 shares of Common Stock of the Registrant, par value $0.0001 per share ("Common Stock"), issuable to eligible persons under the Phunware, Inc. 2018 Equity Incentive Plan (Amended and Restated as of December 4, 2020) (the “2018 Plan”), which Common Stock is in addition to the shares of Common Stock registered on the Registrant’s Form S-8 filed by the Company with the U.S. Securities and Exchange Commission (the "SEC") on April 29, 2019 (File No. 333-231104) and Form S-8 filed by the Company with the SEC on January 29, 2020 (File No. 333-236145) (the “Prior Registration Statements”). Accordingly, the contents of the Prior Registration Statements relating to the 2018 Plan, including periodic reports that the Registrant filed after the Prior Registration Statements to maintain current information about the Registrant, are incorporated by reference into this Registration Statement pursuant to General Instruction E of Form S-8. The Prior Registration Statements are currently effective.
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 8. Exhibits.
* Previously filed.
** Filed herewith.
Pursuant to the requirements of the Securities Act of 1933, as amended, 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 Austin, State of Texas, on January 5, 2021.
| ||PHUNWARE, INC.|
| || |
| ||By:||/s/ Alan S. Knitowski|
| || ||Alan S. Knitowski|
| || ||Chief Executive Officer|
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints Alan S. Knitowski and Matt Aune, and each of them, as his or her true and lawful attorney-in-fact and agent with full power of substitution, for him or her in any and all capacities, to act on, sign any and all amendments to this Registration Statement (including post-effective amendments), and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact, proxy, and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully for all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact, proxy and agent, or his substitute, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities set forth opposite their names and on January 5, 2021.
| || || |
|/s/ Alan S. Knitowski|| ||Chief Executive Officer and Director|
|Alan S. Knitowski|| ||(Principal Executive Officer)|
| || || |
|/s/ Matt Aune|| ||Chief Financial Officer|
|Matt Aune|| ||(Principal Accounting and Financial Officer)|
| || || |
|/s/ Keith Cowan|| ||Director|
|Keith Cowan|| |
| || || |
|/s/ Randall Crowder|| ||Chief Operating Officer and Director|
|Randall Crowder|| || |
| || || |
|/s/ Eric Manlunas|| ||Director|
|Eric Manlunas|| || |
| || || |
|/s/ Lori Tauber Marcus|| ||Director|
|Lori Tauber Marcus|| || |
|/s/ Blythe Masters||Director|
|/s/ Kathy Tan Mayor||Director|
|Kathy Tan Mayor|
|/s/ George Syllantavos||Director|