As filed with the U.S. Securities and Exchange Commission on September 12, 2024
Registration No. 333-194943
Registration No. 333-221964
Registration No. 333-267645
Registration No. 333-269948
Registration No. 333-272646
Registration No. 333-273202
Registration No. 333-277715
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
POST-EFFECTIVE AMENDMENT NO. 1 TO
FORM S-8 REGISTRATION STATEMENT NO. 333-194943
POST-EFFECTIVE AMENDMENT NO. 1 TO
FORM S-8 REGISTRATION STATEMENT NO. 333-221964
POST-EFFECTIVE AMENDMENT NO. 1 TO
FORM S-8 REGISTRATION STATEMENT NO. 333-267645
POST-EFFECTIVE AMENDMENT NO. 1 TO
FORM S-8 REGISTRATION STATEMENT NO. 333-269948
POST-EFFECTIVE AMENDMENT NO. 1 TO
FORM S-8 REGISTRATION STATEMENT NO. 333-272646
POST-EFFECTIVE AMENDMENT NO. 1 TO
FORM S-8 REGISTRATION STATEMENT NO. 333-273202
POST-EFFECTIVE AMENDMENT NO. 1 TO
FORM S-8 REGISTRATION STATEMENT NO. 333-277715
UNDER
THE SECURITIES ACT OF 1933
2U, INC.
(Exact name of registrant as specified in its charter)
Delaware | 26-2335939 | |
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
2345 Crystal Drive, Suite 1100
Arlington, Virginia
(Address of principal executive offices, including zip code)
2U, Inc. Fourth Amended and Restated 2008 Stock Incentive Plan
2U, Inc. 2014 Equity Incentive Plan
2U, Inc. Amended and Restated 2014 Equity Incentive Plan
2U, Inc. Amended and Restated 2017 Employee Stock Purchase Plan
Restricted Stock Award Agreement (Inducement Award)
(Full title of the plans)
Matthew J. Norden
Chief Financial Officer
2U, Inc.
2345 Crystal Drive, Suite 1000
Arlington, Virginia
(301) 892-4350
(Name, address, including zip code, and telephone number, including area code, of agent for service)
With copies to:
Christopher Clark
Latham & Watkins LLP
555 11th St. NW, Suite 1100
Washington, D.C. 20004
(202) 637-2200
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 the Securities Act. ☐
DEREGISTRATION OF SECURITIES
These post effective amendments (these “Post-Effective Amendments”) are being filed by 2U, Inc., a Delaware corporation (the “Company”), to deregister and terminate all securities registered but unsold or otherwise unissued under the following Registration Statements on Form S-8 (the “Registration Statements”) filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”), each as amended or supplemented to date, as of the date hereof (note that the number of shares listed below do not take into account corporate actions, such as stock splits, taken in the interim):
• | Registration Statement on Form S-8 (No. 333-194943), originally filed with the SEC on April 1, 2014, registering 5,543,981 shares of common stock of the Company, par value $0.001 per share (“Common Stock”) under the Fourth Amended and Restated 2008 Stock Incentive Plan and 3,063,911 shares of Common Stock under the 2014 Equity Incentive Plan, respectively; |
• | Registration Statement on Form S-8 (No. 333-221964), originally filed with the SEC on December 8, 2017, registering 1,000,000 shares of Common Stock under the Amended and Restated 2017 Employee Stock Purchase Plan; |
• | Registration Statement on Form S-8 (No. 333-267645), originally filed with the SEC on September 29, 2022, registering 3,510,000 shares of Common Stock under the 2U, Inc. Amended and Restated 2014 Equity Incentive Plan; |
• | Registration Statement on Form S-8 (No. 333-269948), originally filed with the SEC on February 23, 2023, registering 7,000,000 shares of Common Stock under the 2U, Inc. Amended and Restated 2014 Equity Incentive Plan; |
• | Registration Statement on Form S-8 (No. 333-272646), originally filed with the SEC on June 14, 2023, registering 5,000,000 shares of Common Stock under the 2U, Inc. Amended and Restated 2014 Equity Incentive Plan and 2,000,000 shares of Common Stock under the 2U, Inc. Amended and Restated 2017 Employee Stock Purchase Plan, respectively; |
• | Registration Statement on Form S-8 (No. 333-273202), originally filed with the SEC on July 11, 2023, registering 215,054 shares of Common Stock issuable pursuant to an inducement award of 215,054 restricted stock units; and |
• | Registration Statement on Form S-8 (No. 333-277715), originally filed with the SEC on March 6, 2024, registering 4,113,030 shares of Common Stock under the 2U, Inc. Amended and Restated 2014 Equity Incentive Plan. |
As previously disclosed, on July 25, 2024, the Company and certain of its subsidiaries commenced voluntary cases under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) providing for a court-administered reorganization pursuant to its prepackaged joint plan of reorganization (as amended and supplemented, the “Plan”). On September 9, 2024, the Bankruptcy Court entered an Order (A) Approving (I) the Disclosure Statement and (II) Confirming the Second Amended Joint Prepackaged Plan of Reorganization of 2U, Inc. and its Debtor Affiliates under Chapter 11 of the Bankruptcy Code, and (B) Granting Related Relief confirming the Plan. In connection with the foregoing, the offerings pursuant to the Registration Statements are being terminated.
In accordance with an undertaking made by the Company in each of the Registration Statements to remove from registration, by means of a post-effective amendment, any of the securities that remain unsold at the termination of the offering, the Company hereby removes from registration all securities that were registered but unsold or otherwise unissued under each of the Registration Statements as of the date hereof. As of the date hereof, the Registration Statements are hereby amended, as appropriate, to reflect the deregistration of such securities, and the Company hereby terminates the effectiveness of the Registration Statements.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant has duly caused these Post-Effective Amendments to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Arlington, State of Virginia, on September 12, 2024.
2U, INC. | ||
By: | /s/ Matthew J. Norden | |
Matthew J. Norden | ||
Chief Financial Officer |
No other person is required to sign these Post-Effective Amendments in reliance upon Rule 478 under the Securities Act of 1933, as amended.