As filed with the Securities and Exchange Commission on May 17, 2024
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
DIRTT ENVIRONMENTAL SOLUTIONS LTD.
(Exact name of registrant as specified in its charter)
| Alberta, Canada | 90-0840530 | |
(State or Other Jurisdiction of Incorporation or Organization) | (I.R.S. Employer Identification No.) | |
7303 30th Street S.E. Calgary, Alberta, Canada | T2C 1N6 | |
| (Address of Principal Executive Offices) | (Zip Code) | |
DIRTT ENVIRONMENTAL SOLUTIONS LTD.
SECOND AMENDED AND RESTATED LONG TERM INCENTIVE PLAN
(Full title of the plan)
Benjamin Urban and Fareeha Khan
Chief Executive Officer and Chief Financial Officer
DIRTT Environmental Solutions, Inc.
7303 30th Street S.E.
Calgary, Alberta
(Name and address of agent for service)
(403) 723-5000
(Telephone number, including area code, of agent for service)
Copies to:
Robert L. Kimball
Lucy Liu
Vinson & Elkins L.L.P.
2001 Ross Avenue, Suite 3900
Dallas, Texas 75201
(214) 220-7700
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Securities Exchange Act of 1934, as amended (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 the Securities Act of 1933, as amended (the “Securities Act”). ☒
EXPLANATORY NOTE
This Registration Statement on Form S-8 (this “Registration Statement”) is being filed for the purpose of registering the offer and sale of an additional 15,000,000 common shares (the “Shares”) of DIRTT Environmental Solutions Ltd. (the “Registrant”) that may be issued pursuant to the DIRTT Environmental Solutions Ltd. Second Amended and Restated Long Term Incentive Plan (as further amended from time to time, the “Plan”). Except as otherwise set forth below, the contents of the registration statements on Form S-8 previously filed with the Securities and Exchange Commission (the “Commission”) on each of May 26, 2020 (File No. 333-238689) and August 2, 2023 (File No. 333-273622), which registered the offer and sale of 5,850,000 and 6,500,000 Shares under the Plan, respectively, are incorporated herein by reference and made a part of this Registration Statement as permitted by General Instruction E to Form S-8.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
| Item 8. | Exhibits. |
| * | Filed herewith |
Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all 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 New York, State of New York, on May 15, 2024.
| DIRTT ENVIRONMENTAL SOLUTIONS LTD. | ||
| By: | /s/ Benjamin Urban | |
| Name: | Benjamin Urban | |
| Title: | Chief Executive Officer (Principal Executive Officer) | |
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Benjamin Urban and Fareeha Khan, and each of them, his true and lawful attorneys-in-fact and agents, with full power of substitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this registration statement and to file the same with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents 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 and to all intents and purposes as they might or could not in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any of them, or their or his substitute or substitutes may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act, this Registration Statement has been signed by the following persons in the capacities indicated on May 15, 2024.
| Signatures | Title | |||
/s/ Benjamin Urban Benjamin Urban
/s/ Fareeha Khan Fareeha Khan | Chief Executive Officer and Director (Principal Executive Officer)
Chief Financial Officer (Principal Accounting Officer and Principal Financial Officer) | |||
/s/ Shalima Pannikode Shalima Pannikode | Director | |||
/s/ Ken Sanders Ken Sanders | Director | |||
/s/ Douglas Edwards Douglas Edwards | Director | |||
/s/ Aron English Aron English | Director | |||
/s/ Scott Robinson Scott Robinson | Director | |||
/s/ Shaun Noll Shaun Noll | Director | |||
/s/ Scott Ryan Scott Ryan | Director | |||
SIGNATURE OF AUTHORIZED REPRESENTATIVE OF THE REGISTRANT
Pursuant to the Securities Act, the undersigned, a duly authorized representative of the Company in the United States, has signed the Registration Statement in the City of New York, State of New York, on May 15, 2024.
| DIRTT ENVIRONMENTAL SOLUTIONS, INC. | ||
| By: | /s/ Benjamin Urban | |
| Name: | Benjamin Urban | |
| Title: | Chief Executive Officer | |
