As filed with the Securities and Exchange Commission on January 5, 2021
No. 333-
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM S-8
 
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
 
PHUNWARE, INC.
(Exact name of registrant as specified in its charter)
 
Delaware 26-4413774
(State or other jurisdiction of
incorporation or organization)
 
(I.R.S. Employer
Identification No.)
 
7800 Shoal Creek Blvd, Suite 230-S, Austin, Texas 78757
(512) 693-4199
(Address of Principal Executive Offices)

2018 Equity Incentive Plan
(Full title of the plan)

Alan S. Knitowski, Chief Executive Officer
Phunware, Inc.
7800 Shoal Creek Blvd, Suite 230-S
Austin, Texas 78757
(512) 693-4199
(Name, address, including zip code, and telephone number, including area code, of agent for service)
 
Copies to:
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 78701Austin, 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
Registered(1)
 
Proposed Maximum
Offering Price
Per Share(3)
 
Proposed Maximum
Aggregate Offering
Price
 
Amount of
Registration 
Fee
Common Stock, par value $0.0001 per share5,229,416 
(2)
$1.19 $6,223,005.04 $678.93 
Total5,229,416 $1.19 $6,223,005.04 $678.93 
 
(1)
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.
(3)
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.




EXPLANATORY NOTE

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.


1

PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
 
Item 8. Exhibits.

EXHIBIT INDEX
 
Exhibit No.

Description
4.1*
4.2*
4.3*
4.4*
4.5*
5.1**
10.1*
10.2*
23.1**
23.2**
24.1**
99.1*

*     Previously filed.
**    Filed herewith.

2

SIGNATURES
 
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. 

Name Title
   
/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 MastersDirector
Blythe Masters
/s/ Kathy Tan MayorDirector
Kathy Tan Mayor
/s/ George SyllantavosDirector
George Syllantavos