As filed with the Securities and Exchange Commission on November 19, 1999
Registration No. 333-
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
THE MAXIM GROUP, INC.
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(Exact name of registrant as specified in its charter)
Delaware 58-2060334
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(State or other jurisdiction (I.R.S. Employer Identification
of incorporation or organization) Number)
210 TownPark Drive, Kennesaw, Georgia 30144
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(Address of Principal Executive Offices) (Zip Code)
1993 STOCK OPTION PLAN
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(Full Title of the Plan)
A.J. NASSAR
President and Chief Executive Officer
210 TownPark Drive
Kennesaw, Georgia 30144
(678) 355-4000
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(Name, address, telephone number, including
area code, of agent for service)
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Copies Requested to:
Robert T. Molinet, Esq.
Smith, Gambrell & Russell, LLP
1230 Peachtree Street, N.E.
Suite 3100, Promenade II
Atlanta, Georgia 30309-3592
(404) 815-3643
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CALCULATION OF REGISTRATION FEE
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Proposed Maximum Proposed Maximum
Title of Securities Amount to be Offering Price Per Aggregate Offering Amount of
to be Registered Registered Share(1) Price(1) Registration Fee
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Options and Shares of
$.001 par value 1,000,000 Shares $6.00 $6,000,000 $1,668
Common Stock
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(1) Estimated solely for the purpose of calculating the registration fee
pursuant to Rule 457(c) based upon the average of the high and low reported
prices of the Common Stock on the New York Stock Exchange on November 16, 1999.
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This Registration Statement covers 1,000,000 additional shares of the
$.001 par value Common Stock of The Maxim Group, Inc. (the "Company") issuable
pursuant to the Company's 1993 Stock Option Plan, as amended, for which
previously filed Registration Statements on Form S-8 are effective. The contents
of the following Registration Statements on Form S-8 previously filed by the
Company, are incorporated by reference: (i) File No. 33-80984, as filed with the
Securities and Exchange Commission on June 30, 1994, (ii) File No. 333-19691, as
filed with the Securities and Exchange Commission on January 13, 1997, (iii)
File No. 333-47299, as filed with the Securities and Exchange Commission on
March 4, 1998, and (iv) File No. 333-59423, as filed with the Securities and
Exchange Commission on July 20, 1998.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
The documents listed below are hereby incorporated by reference into
this Registration Statement, and all documents subsequently filed by the Company
pursuant to Section 13(a), 13(c), 14 and 15(d) of the Securities and Exchange
Act of 1934, prior to the filing of a post-effective amendment which indicates
that all securities offered have been sold or which deregisters all securities
then remaining unsold, shall be deemed to be incorporated by reference in this
Registration Statement and to be part hereof from the date of filing such
documents:
1. The Company's Annual Report on Form 10-K for the fiscal year ended
January 31, 1999;
2. The Company's Quarterly Report on Form 10-Q for the quarter ended May 8,
1999;
3. The Company's Quarterly Report on Form 10-Q for the quarter ended August
7, 1999;
4. The Company's Current Report on Form 8-K dated January 29, 1999;
5. The Company's Current Report on Form 8-K dated February 1, 1999; and
6. The description of the Company's Common Stock contained in the Company's
Registration Statement on Form 8-A as filed with the Commission on
August 12, 1993 and as amended by Amendment No. 1 on Form 8-A/A as filed
with the Commission on August 26, 1993.
ITEM 4. DESCRIPTION OF SECURITIES.
No response is required to this item.
ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.
No response is required to this item.
ITEM 6. INDEMNIFICATION OF OFFICERS AND DIRECTORS.
The Registrant's Certificate of Incorporation provides for
indemnification of directors and officers of the Registrant to the full extent
permitted by Delaware law.
Section 145 of the General Corporation Law of the State of Delaware
provides generally that a corporation may indemnify any person who was or is a
party or is threatened to be made a party to any threatened, pending or
completed action, suit or proceeding, whether civil, criminal, administrative or
investigative, by reason of the fact that he is or was a director, officer,
employee or agent of the corporation, or is or was serving at its request in
such capacity in another corporation or business association, against expenses
(including attorneys' fees), judgments, fines and amounts paid in settlement
actually and reasonably incurred by him in connection with such action, suit or
proceeding if he acted in good faith and in a manner he reasonably believed to
be in or not opposed to the best interests of the corporation, and, with respect
to any criminal action or proceeding, had no reasonable cause to believe his
conduct was unlawful.
In addition, pursuant to the authority of Delaware law, the Certificate
of Incorporation of the Registrant also eliminates the monetary liability of
directors to the fullest extent permitted by Delaware law.
ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
No response to this Item is required.
ITEM 8. EXHIBITS.
The following exhibits are filed with or incorporated by reference into
this Registration Statement. The exhibits which are denominated by an asterisk
(*) were previously filed as a part of, and are hereby incorporated by reference
from either (i) a Registration Statement on Form SB-2 under the Securities Act
of 1933 for the Registrant, Registration No. 33-66926 (referred to as "SB-2");
(ii) the Registrant's Annual Report on Form 10-KSB for the year ended March 31,
1995 (referred to as "1995 10-K"); (iii) a Registration Statement on Form S-4
under the Securities Act of 1933 for the Registrant, Registration No. 333-8713
(referred to as "S-4"), (iv) a Registration Statement on Form S-8 under the
Securities Act of 1933 for the Registrant, Registration No. 33-80984 (referred
to as "S-8"), (v) a Registration Statement on Form S-8 under the Securities Act
of 1933 for the Registrant, Registration No.333-47299 (referred to as "3/98
S-8"), and (vi) the Registrant's Annual Report on Form 10-K for the year ended
January 31, 1999 (referred to as "1999 10-K"). The exhibit number corresponds to
the exhibit number in the referenced document.
EXHIBIT
NUMBER DESCRIPTION OF EXHIBIT
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*4.2 Form of Incentive Stock Option Agreement (S-8).
5.1 Opinion of Smith, Gambrell & Russell, LLP.
*10.1 Registrant's 1993 Incentive Stock Option Plan (SB-2).
*10.1.1 Amendment No. 1 to 1993 Stock Option Plan (1995 10-K).
*10.1.2 Amendment No. 2 to 1993 Stock Option Plan (S-4).
*10.1.3 Amendment No. 3 to 1993 Stock Option Plan (3/98 S-8).
*10.1.4 Amendment No. 4 to 1993 Stock Option Plan (1999 10-K).
*10.1.5 Amendment No. 5 to 1993 Stock Option Plan (1999 10-K).
23.1 Consent of Arthur Andersen LLP.
23.2 Consent of Smith, Gambrell & Russell, LLP (contained in
their opinion filed as Exhibit 5.1).
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ITEM 9. UNDERTAKINGS.
(a) The undersigned Registrant hereby undertakes:
(1) To file, during any period in which offers or sales are
being made, a post-effective amendment to this Registration Statement to
include any material information with respect to the plan of
distribution not previously disclosed in the Registration Statement or
any material change to such information in the Registration Statement;
(2) That, for the purpose of determining any liability under the
Securities Act of 1933, each such post-effective amendment shall be
deemed to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time shall
be deemed to be the initial bona fide offering thereof.
(3) To remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold at
the termination of the offering.
(b) The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
Registrant's Annual Report pursuant to section 13(a) or section 15(d) of the
Securities Exchange Act of 1934 that is incorporated by reference in the
Registration Statement shall be deemed to be a new Registration Statement
relating to the securities offered therein, and the offering of such securities
at the time shall be deemed to be the initial bona fide offering thereof.
(h) Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise,
the Registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer or controlling
person of the Registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and will
be governed by the final adjudication of such issue.
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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 Kennesaw, State of Georgia, on the 10th day of
November, 1999.
THE MAXIM GROUP, INC.
By: /s/ A.J. Nassar
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A. J. Nassar
PRESIDENT AND CHIEF EXECUTIVE
OFFICER
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following persons in the
capacities indicated and on the dates indicated.
Signature Title Date
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/s/ A.J. Nassar President, Chief Executive Officer November 10,1999
- ------------------------------------------ and Director (principal executive
A. J. Nassar officer)
/s/ Leonard H. Thill Chief Financial Officer and November 10, 1999
- ------------------------------------------ Secretary (principal financial
Leonard H. Thill officer)
/s/ Steven Coburn Senior Vice President and November 10, 1999
- ------------------------------------------ Controller (principal accounting
Steven Coburn officer)
/s/ Thomas P. Leahey Executive Vice President - November 10, 1999
- ------------------------------------------ Finance, Treasurer and Director
Thomas P. Leahey
/s/ Joseph J. Jillson Director November 10, 1999
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Joseph J. Jillson
/s/ Richard A. Kaplan Director November 10, 1999
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Richard A. Kaplan
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Signature Title Date
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/s/ J. Michael Nixon Director November 10, 1999
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J. Michael Nixon
/s/ Ronald H. Mcswain Chairman of the Board November 10, 1999
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Ronald H. McSwain
/s/ Larry T. Solari Director November 10, 1999
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Larry T. Solari
/s/ Herb Wolk Director November 10, 1999
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Herb Wolk
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EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION OF EXHIBIT
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5.1 Opinion of Smith, Gambrell & Russell, LLP.
23.1 Consent of Arthur Andersen LLP.
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