As filed with the Securities and Exchange Commission on August 7, 2017

Registration No. 333-

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

Second Sight Medical Products, Inc.

(Exact name of registrant as specified in its charter)

 

California   02-0692322

(State or other jurisdiction of

incorporation or organization) 

 

(I.R.S. Employer

Identification No.) 

  

12744 San Fernando Road, Suite 400

Sylmar, California 91342

 

(818) 833-5000 

(Address of Principal Executive Offices, including Zip Code)

 

 Second Sight Medical Products Inc. 2011 Equity Incentive Plan, as amended

Second Sight Medical Products Inc. 2015 Employee Stock Purchase Plan, as amended


(Full title of the plans)

 

Will McGuire

Chief Executive Officer

Second Sight Medical Products, Inc.

12744 San Fernando Road, Suite 400

Sylmar, California 91342

(Name and address of agent for service)

 

 (818) 833-5000

(Telephone number, including area code, of agent for service)

 

 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:

 

Large accelerated filer  ☐     Accelerated filer  
Non-accelerated filer  ☐   (do not check if a small reporting company)   Smaller reporting company  

 

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CALCULATION OF REGISTRATION FEE

 

Title of Securities
to be Registered
Amount
to be
Registered (1)
Proposed
Maximum
Offering
Price
per Share
Proposed
Maximum
Aggregate
Offering Price
Amount of Registration
Fee
 
Common Stock, no par value per share 2,000,000    (2) $ 1.23 $ 2,460,000       $ 285.11  
Common Stock, no par value per share    500,000    (3) $ 1.23 $ 615,000    $   71.28  
Total 2,500,000          $ 1.23 $ 3,075,000 (4) $ 356.39  

 

(1)   Pursuant to Rule 416(a) of the Securities Act of 1933, as amended, this registration statement also covers any additional shares of common stock that become issuable by reason of any stock dividend, stock split, recapitalization or other similar transactions effected without the registrant’s receipt of consideration that results in an increase in the number of registrant’s outstanding shares of common stock.

(2)   Represents additional shares issuable upon exercise of options reserved pursuant to future awards under the amended 2011 Equity Plan.

(3) Represents additional shares of common stock reserved for issuance pursuant to future awards under the 2015 Employee Stock Purchase Plan, as amended.

(4) Estimated in accordance with paragraphs (c) and (h) of Rule 457 under the 1933 Act solely for the purpose of calculating the registration fee on the basis of $1.23 per share which represents the average of the high and low price per share of the Company’s common stock on August 3, 2017 as reported on the Nasdaq Capital Market.

 

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Explanatory Note

 

This Registration Statement on Form S-8 is being filed by Second Sight Medical Products, Inc. (the “Registrant”) to register a total of (i) 2,000,000 additional shares of common stock issuable under the Registrant’s 2011 Equity Incentive Plan, as amended, (the “Option Shares”) and (ii) 500,000 shares of common stock (the “Plan Shares”) issuable under the Registrant’s 2015 Employee Stock Purchase Plan, as amended. The Option Shares and the Plan Shares are in addition to the common stock previously registered for issuance on the Registrant’s Registration Statement on Form S-8 filed with the Securities and Exchange Commission on May 15, 2017 (File No. 333-218016) (the “Prior Registration Statement”).

 

This Registration Statement relates to securities of the same class as that to which the Prior Registration Statement relates, and is submitted in accordance with General Instruction E to Form S-8 regarding registration of additional securities. Pursuant to such instruction, the contents of the Prior Registration Statement are incorporated by reference and made part of this Registration Statement.

 

ITEM 8. EXHIBITS.

       
Exhibit No. Description of Exhibits   Method of Filing
       
5.1 Opinion and Consent of Aaron A. Grunfeld   Filed electronically herewith
       
10.4 2011 Equity Incentive Plan, as amended (1)    
       
10.17 2015 Employee Stock Purchase Plan, as amended (1)    
       
23.1* Consent of Gumbiner Savett Inc.   Filed electronically herewith
       
23.2* Consent of Aaron A. Grunfeld (included in Exhibit 5.1).    
       
24.1 Power of Attorney (Included on the signature page to this registration statement)    

 

(1) Incorporated by reference to the registrant’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on May 1, 2017

 

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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 Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Sylmar, State of California, on August 4, 2017.

 

  SECOND SIGHT MEDICAL PRODUCTS, INC.
   
 

By:

/s/ Jonathan Will McGuire

    Jonathan Will McGuire
    President and Chief Executive Officer

 

POWER OF ATTORNEY

Each person whose signature appears below hereby constitutes and appoints Jonathan Will McGuire and Thomas Miller, and each of them, as such person’s true and lawful attorney-in-fact and agent, each with full powers of substitution and re-substitution, for such person and in such person’s name, place and stead, in any and all capacities, to sign any or all amendments (including post effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent 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 fully to all intents and purposes as such person might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent or his or her substitute or substitutes, may lawfully do or cause to be done by virtue thereof.

 

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 dates indicated.

 

Name

 

Title

 

Date

     

/s/ Jonathan Will McGuire

 

President, Chief Executive Officer and Director

  August 4, 2017
Jonathan Will McGuire   (Principal Executive Officer)    
     

/s/ Thomas B. Miller

 

Chief Financial Officer

  August 4, 2017
Thomas B. Miller   (Principal Financial and Accounting Officer)    
     

/s/ Robert J, Greenberg

  Chairman of the Board of Directors   August 4, 2017
Robert J. Greenberg M.D., Ph.D.        
         
    Director   August __, 2017

Gregg Williams

   
     

/s/ William J. Link

  Director   August 4, 2017
William J. Link        
     

/s/ Aaron Mendelsohn

  Director   August 4,  2017
Aaron Mendelsohn        
     

/s/ Matthew Pfeffer

  Director   August 4, 2017
Matthew Pfeffer        

 

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