Filed pursuant to Rule 424(b)(3)
Registration Statement No. 333-259749
Prospectus Supplement No. 3
(to Prospectus dated April 13, 2022)
132,632,441 Shares of Class A Common Stock
This prospectus supplement updates, amends and supplements the prospectus dated April 13, 2022 (the “Prospectus”) related to the resale from time to time by the selling stockholders identified in the Prospectus, or their permitted transferees, of an aggregate of 132,632,441 shares of our Class A Common Stock, $0.0001 par value per share (“Class A Common Stock”), which forms a part of our Registration Statement on Form S-1 (Registration No. 333-259749). Capitalized terms used in this prospectus supplement and not otherwise defined herein have the meanings specified in the Prospectus.
This prospectus supplement is being filed to update, amend and supplement the information included in the Prospectus with the information contained in our Current Report on Form 8-K filed with the SEC on May 18, 2022, which is set forth below.
This prospectus supplement is not complete without the Prospectus. This prospectus supplement should be read in conjunction with the Prospectus, which is to be delivered with this prospectus supplement, and is qualified by reference thereto, except to the extent that the information in this prospectus supplement updates or supersedes the information contained in the Prospectus. Please keep this prospectus supplement with your Prospectus for future reference.
We are an “emerging growth company” as defined in Section 2(a) of the Securities Act of 1933, as amended, and are subject to reduced public company reporting requirements. This prospectus complies with the requirements that apply to an issuer that is an emerging growth company.
The shares of SmartRent’s Class A Common Stock are listed on the New York Stock Exchange under the symbol “SMRT.” On May 17, 2022, the closing sale price per share of our Class A Common Stock was $4.96.
INVESTING IN OUR SECURITIES INVOLVES A HIGH DEGREE OF RISK. SEE THE SECTION ENTITLED “RISK FACTORS” BEGINNING ON PAGE 6 OF THE PROSPECTUS TO READ ABOUT FACTORS YOU SHOULD CONSIDER BEFORE BUYING SHARES OF OUR CLASS A COMMON STOCK.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of the securities to be issued under this prospectus or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
The date of this prospectus is May 18, 2022.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): May 17, 2022
SmartRent, Inc.
(Exact Name of Registrant as Specified in its Charter)
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Delaware |
| 001-39991 |
| 85-4218526 |
(State or Other Jurisdiction of Incorporation or Organization) |
| (Commission File Number) |
| (I.R.S. Employer |
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8665 E. Hartford Drive, Suite 200 Scottsdale, Arizona |
| 85255 |
(Address of Principal Executive Offices) |
| (Zip Code) |
(844) 479-1555
(Registrant’s Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class |
| Trading Symbol |
| Name of Each Exchange on Which Registered |
Class A Common Stock, par value $0.0001 per share |
| SMRT |
| The New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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 13(a) of the Exchange Act. ☐
Item 5.07. Submission of Matters to a Vote of Security Holders.
On May 17, 2022, SmartRent, Inc. (the “Company”) held its 2022 Annual Meeting of Stockholders (the “Annual Meeting”). Holders representing 122,888,047 votes of a total 194,070,229 outstanding as of the record date of March 22, 2022 were present at the Annual Meeting or by proxy. At the Annual Meeting, the stockholders voted on two proposals. The proposals are described in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 6, 2022. The voting result for each of the proposals are set forth below.
Proposal 1: Election of Directors.
Each of the following directors received the affirmative vote of a plurality of the votes cast at the Annual Meeting at which a quorum was present, and were elected for a three-year term expiring at the Company’s 2025 Annual Meeting or until their respective successors are duly elected and qualified as follows:
Nominee | For | Against | Abstained/Withheld | Broker Non-Votes |
Ann Sperling | 46,583,142 | 0 | 20,649 | 76,284,256 |
Frederick Tuomi | 46,524,661 | 0 | 79,130 | 76,284,256 |
Proposal 2: Ratification of the Selection of the Independent Registered Public Accounting Firm.
The Company’s stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022 as follows:
For | Against | Abstained/Withheld |
122,563,850 | 307,616 | 16,581 |
No other matters were submitted for stockholder action.
Item 9.01. Exhibits.
(d) Exhibits.
Exhibit No. Description
104 Cover Page Interactive Data File (formatted as Inline XBRL).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: May 18, 2022
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SMARTRENT, INC. | ||
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By: |
| /s/ Lucas Haldeman |
Name: |
| Lucas Haldeman |
Title: |
| Chief Executive Officer
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