As filed with the Securities and Exchange Commission on August 13, 2012
Registration No. __________________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
___________________
CELSION CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
___________________
| | Delaware | 52-1256615 | |
| | (State or Other Jurisdiction of | (I.R.S. Employer | |
| | Incorporation or Organization) | Identification No.) | |
997 Lenox Drive, Suite 100
Lawrenceville, NJ 08648
(Address, Including Zip Code, of Principal Executive Offices)
___________________
CELSION CORPORATION
2007 STOCK INCENTIVE PLAN
(Full Title of the Plan)
___________________
Michael H. Tardugno
President and Chief Executive Officer
Celsion Corporation
997 Lenox Drive, Suite 100
Lawrenceville, NJ 08648
(609) 896-9100
(Name, Address and Telephone Number, Including Area Code, of Agent for Service)
COPY TO:
Sam Zucker, Esq..
O’Melveny & Myers LLP
2765 Sand Hill Road
Menlo Park, California 94025
___________________
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 Exchange Act. (Check one):
Large accelerated filer o Accelerated filer o
Non-accelerated filer o Smaller reporting company þ
CALCULATION OF REGISTRATION FEE
Title of Securities To Be Registered | Amount To Be Registered | Proposed Maximum Offering Price Per Share | Proposed Maximum Aggregate Offering Price | Amount Of Registration Fee |
| Common Stock, $0.01 par value per share | 2,250,000(1) shares associated with June 2012 Plan amendment | | | |
| Common Stock, $0.01 par value per share | 1,000,000(1) shares associated with June 2010 Plan amendment | | | |
| Total Common Stock, $0.01 par value per share | 3,250,000(1) shares | $2.81(2) | $9,132,500(2) | $1,047(2) |
| (1) | This Registration Statement covers, in addition to the number of shares of Celsion Corporation, a Delaware corporation (the “Company” or the “Registrant”), common stock, par value $0.01 per share (the “Common Stock”), stated above, options and other rights to purchase or acquire the shares of Common Stock covered by this Registration Statement and, pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), an additional indeterminate number of shares, options and rights that may be offered or issued pursuant to the Celsion Corporation 2007 Stock Incentive Plan (the “Plan”) as a result of one or more adjustments under the Plan to prevent dilution resulting from one or more stock splits, stock dividends or similar transactions. |
| (2) | Pursuant to Securities Act Rule 457(h), the maximum offering price, per share and in the aggregate, and the registration fee were calculated based upon the average of the high and low prices of the Common Stock on August 6, 2012, as quoted on the Nasdaq Capital Market. |
| | The Exhibit Index for this Registration Statement is at page 7. |
EXPLANATORY NOTE
This Registration Statement is filed by the Company to register additional securities issuable pursuant to the Plan and consists of only those items required by General Instruction E to Form S-8.
__________________________
PART I
INFORMATION REQUIRED IN THE
SECTION 10(a) PROSPECTUS
The document(s) containing the information specified in Part I of Form S-8 will be sent or given to participants as specified by Securities Act Rule 428(b)(1).
PART II
INFORMATION REQUIRED IN THE
REGISTRATION STATEMENT
| Item 3. | Incorporation of Certain Documents by Reference |
The following documents of the Company filed with the Securities and Exchange Commission (the “Commission”) are incorporated herein by reference:
| | (a) | The Company’s Registration Statement on Form S-8, filed with the Commission on August 24, 2007, as amended by the Post-Effective Amendment to Form S-8 filed with the Commission on June 13, 2011 (each, Commission File No. 333-145680); |
| | (b) | The Company’s Annual Report on Form 10-K for its fiscal year ended December 31, 2011, filed with the Commission on March 15, 2012, as amended on Form 10-K/A, filed with the Commission on March 15, 2012 (each, Commission File No. 001-15911); |
| | (c) | The Company’s Quarterly Report on Form 10-Q for its fiscal quarter ended March 31, 2012, filed with the Commission on May 15, 2012 (Commission File No. 001-15911); |
| | (d) | The Company’s Current Reports on Form 8-K, filed with the Commission on May 10, 2012, June 7, 2012 and June 28, 2012 (each, Commission File No. 001-15911); and |
| | (e) | The description of the Company’s Common Stock contained in its Registration Statement on Form 8-A filed with the Commission on May 26, 2000, as amended by a Form 8-A/A dated February 7, 2008 (each, Commission File No. 001-15911), and any other amendment or report filed for the purpose of updating such description. |
All documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities 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 filing of such documents; provided, however, that documents or information deemed to have been furnished and not filed in accordance with Commission rules shall not be deemed incorporated by reference into this Registration Statement. Any statement contained herein or in a document, all or a portion of which is incorporated or deemed to be incorporated by reference herein, shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which 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 amended, to constitute a part of this Registration Statement.
| Item 5. | Interests of Named Experts and Counsel |
Not applicable.
See the attached Exhibit Index at page 8, which is incorporated herein by reference.
SIGNATURES
Pursuant to the requirements of the Securities Act, 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 Form S-8 Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Lawrenceville, State of New Jersey, on August 13, 2012.
| | CELSION CORPORATION | |
| | | |
| | | | |
| | By: | /s/ Michael H. Tardugno | |
| | | Michael H. Tardugno | |
| | | President and Chief Executive Officer | |
POWER OF ATTORNEY
Each person whose signature appears below constitutes and appoints Michael H. Tardugno and Gregory Weaver, and each of them, acting individually and without the other, as his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in his or her name, place, and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments, exhibits thereto and other documents in connection therewith) to this Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the 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 and necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or either of them individually, 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 below by the following persons in the capacities and on the dates indicated.
| Signature | | Title | Date |
s/ Michael H. Tardugno | | President, Chief Executive | August 13, 2012 |
| Michael H. Tardugno | | Officer and Director (Principal Executive Officer) | |
| | | | |
| | | | |
| /s/ Gregory Weaver | | Senior Vice President and | August 13, 2012 |
| Gregory Weaver | | Chief Financial Officer (Principal Financial Officer) | |
| | | | |
| | | | |
| /s/ Timothy J. Tumminello | | Controller and Chief | August 13, 2012 |
| Timothy J. Tumminello | | Accounting Officer (Principal | |
| | | Accounting Officer) | |
| Signature | | Title | Date |
| | | August 13, 2012 |
| Max E. Link | | Director | |
| | | | |
| | | | |
| /s/ Augustine Chow | | Director | August 13, 2012 |
| Augustine Chow | | | |
| | | | |
| | | | |
| /s/ Frederick J. Fritz | | Director | August 13, 2012 |
| Frederick J. Fritz | | | |
| | | | |
| | | | |
/s/ Robert W. Hooper | | Director | August 13, 2012 |
| Robert W. Hooper | | | |
| | | | |
| | | | |
/s/ Alberto R. Martinez | | Director | August 13, 2012 |
| Alberto R. Martinez | | | |
EXHIBIT INDEX
Exhibit
Number Description of Exhibit
| 4. | Celsion Corporation 2007 Stock Incentive Plan. (Filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the Commission on June 7, 2012 (Commission File No. 001-15911) and incorporated herein by this reference.) |
| 5. | Opinion of O’Melveny & Myers LLP (opinion re legality). |
| 23.1 | Consent of Stegman & Company (consent of independent auditors). |
| 23.2 | Consent of Counsel (included in Exhibit 5). |
| 24. | Power of Attorney (included in this Registration Statement under “Signatures”). |
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