As filed with the Securities and Exchange Commission on March 11, 2024
Registration No. 333-
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
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Sonendo, Inc.
(Exact name of registrant as specified in its charter)
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Delaware | 20-5041718 | |
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification Number) | |
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26061 Merit Circle, Suite 102 Laguna Hills, CA | 92653 | |
(Address of Principal Executive Offices) | (Zip Code) | |
2021 Incentive Award Plan
Sonendo, Inc. 2021 Employee Stock Purchase Plan
(Full title of the plan)
Bjarne Bergheim
President and Chief Executive Officer
26061 Merit Circle, Suite 102
Laguna Hills, CA 92653
(Name and address of agent for service)
(949) 766-3636
(Telephone number, including area code, of agent for service)
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Copy to:
Michael Sanders
William D. Davis II
Reed Smith LLP
1901 Avenue of Stars, Suite 700
Los Angeles, CA 90067-6078
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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.
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Large accelerated filer | ☐ | Accelerated filer | ☐ | |||
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Non-accelerated filer | ☒ | Smaller reporting company | ☒ | |||
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| 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. ☐
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EXPLANATORY NOTE
Sonendo, Inc. (the “Registrant”) is filing with the Securities and Exchange Commission (the “Commission”) this registration statement on Form S-8 (this “Registration Statement”) for the purpose of registering an additional 3,177,373 shares of its common stock, par value $0.001 per share (the “Common Stock”), to be issued pursuant to the Registrant’s 2021 Incentive Award Plan (the “2021 Incentive Plan”) and an additional 635,474 shares of Common Stock to be issued pursuant to the Registrant’s 2021 Employee Stock Purchase Plan (the “2021 ESPP”), which Common Stock is in addition to the shares of Common Stock already issuable under the 2021 Incentive Plan and the shares of Common Stock already issuable under the 2021 ESPP as registered on the Registrant’s Registration Statement on Form S-8 filed with the Securities and Exchange Commission (the “Commission”) on November 2, 2021 (File No. 333-260680), the Registrant’s Registration Statement on Form S-8 filed with the Commission on March 23, 2022 (File No. 333-263803) and the Registrant’s Registration Statement on Form S-8 filed with the Commission on March 8, 2023 (File No. 333-270367) (the “Prior Registration Statements”). These additional shares of Common Stock have been reserved for issuance as a result of the operation of the “evergreen” provisions in the 2021 Incentive Plan and the 2021 ESPP, which provide that the total number of shares subject to such plan will be increased each year pursuant to a specified formula.
This Registration Statement relates to securities of the same class as that to which the Prior Registration Statements relate, and it is submitted in accordance with General Instruction E to Form S-8 regarding Registration of Additional Securities. Pursuant to General Instruction E of Form S-8, the contents of the Prior Registration Statements are incorporated herein by reference and made part of this Registration Statement, except as amended hereby.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The documents containing the information specified in Part I of Form S-8 will be sent or given to participants as specified by Rule 428(b)(1) of the Securities Act of 1933, as amended (the “Securities Act”). These documents and the documents incorporated by reference into this Registration Statement pursuant to Item 3 of Part II of this Registration Statement, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
In this registration statement, Sonendo, Inc. is sometimes referred to as “Registrant,” “we,” “us” or “our.”
Item 3. Incorporation of Documents by Reference.
The following documents previously filed by Sonendo, Inc. (the “Registrant”) with the Securities and Exchange Commission (the “Commission”) are incorporated by reference into this Registration Statement:
(a) Registrant’s Annual Report on Form 10-K for the year ended December 31, 2023 filed with the Commission on March 11, 2024;
(b) Registrant’s Current Report on Form 8-K filed with the Commission on February 14, 2024, March 5, 2024 and March 8, 2024; and
(c) The description of the Registrant’s Common Stock which is contained in a Registration Statement on Form 8-A filed with the Commission on October 28, 2021 (File No. 001-40988) under the Exchange Act of 1934, as amended (the “Exchange Act”), as updated by the description of the Registrant’s capital stock contained in Exhibit 4.11 to the Registrant’s Annual Report on Form 10-K, for the fiscal year ended December 31, 2021, and any amendment or report filed for the purpose of updating such description.
All documents that the Registrant subsequently files pursuant to Sections 13(a), 13(c), 14, and 15(d) of the Exchange Act prior to the filing of a post-effective amendment to this Registration Statement that indicates that all of the shares of Common Stock offered have been sold or that deregisters all of such shares then remaining unsold shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of the filing of such documents; except as to any portion of any future annual or quarterly report to stockholders or document or current report furnished under current Items 2.02 or 7.01 of Form 8-K, and exhibits furnished on such form that relate to such items, that is not deemed filed under such provisions. For the purposes of 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 to the extent that a statement contained herein or in any other subsequently filed document that 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.
Under no circumstances will any information filed under current Items 2.02 or 7.01 of Form 8-K, and exhibits furnished on such form that relate to such items, be deemed incorporated herein by reference unless such Form 8-K expressly provides to the contrary.
Item 8. Exhibits.
Reference is made under this Item 8 to the Exhibit Index included in this Registration Statement.
Exhibit Index
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Exhibit Number | Exhibit Description | |
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4.1 |
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4.2 |
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4.3 |
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4.13 |
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5.1 |
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23.1 |
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23.2 |
| Consent of Reed Smith LLP (reference is made to Exhibit 5.1). |
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24.1 |
| Power of Attorney (reference is made to the signature page hereto). |
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99.1 |
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99.2 |
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99.3 |
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99.4 |
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107 |
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SIGNATURES
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 Laguna Hills, State of California, on this 11th day of March, 2024.
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Sonendo, Inc. | ||
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By: | /s/ Bjarne Bergheim | |
Name: | Bjarne Bergheim | |
Title: | President and Chief Executive Officer | |
POWER OF ATTORNEY
We, the undersigned officers and directors of Sonendo, Inc., hereby severally constitute and appoint Bjarne Bergheim and Michael P. Watts, and each of them singly (with full power to each of them to act alone), our true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution in each of them for him and in his name, place and stead, and in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement (or any other registration statement for the same offering that is to be effective upon filing pursuant to Rule 462(b) under the Securities Act of 1933), 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, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done in and about the premises, as full to all intents and purposes as he might or could do 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 of 1933, this registration statement has been signed by the following persons in the capacities and on the date indicated.
Name | Title | Date | ||
/s/ Bjarne Bergheim | President, Chief Executive Officer and Director | March 11, 2024 | ||
Bjarne Bergheim | (principal executive officer) | |||
/s/ Michael P. Watts | Chief Financial Officer | March 11, 2024 | ||
Michael P. Watts | (principal financial and accounting officer) | |||
/s/ Anthony P. Bihl III | Director | March 11, 2024 | ||
Anthony P. Bihl III | ||||
/s/ Carolyn Beaver | Director | March 11, 2024 | ||
Carolyn Beaver |
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/s/ Olav Bergheim | Director | March 11, 2024 | ||
Olav Bergheim |
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/s/ Karen McGinnis | Director | March 11, 2024 | ||
Karen McGinnis |
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/s/ Raj Pudipeddi | Director | March 11, 2024 | ||
Raj Pudipeddi |
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/s/ Sadie Stern |
| Director |
| March 11, 2024 |
Sadie Stern |
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