02/08/2023 | Press release | Distributed by Public on 02/08/2023 20:13
As filed with the Securities and Exchange Commission on February 8, 2023
Registration Number 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Nextracker Inc.
(Exact name of registrant as specified in its charter)
Delaware | 3990 | 36-5047383 | ||
(State or other jurisdiction of incorporation or organization) |
(Primary Standard Industrial Classification Code Number) |
(I.R.S. Employer Identification Number) |
6200 Paseo Padre Parkway
Fremont, California 94555
(510) 270-2500
(Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)
Léah Schlesinger, Esq.
General Counsel
Nextracker Inc.
6200 Paseo Padre Parkway
Fremont, California 94555
(510) 270-2500
(Name, address, including zip code, and telephone number, including area code, of agent for service)
With copies to:
Sharon R. Flanagan, Esq. Samir A. Gandhi, Esq. Lindsey A. Smith, Esq. Helen Theung, Esq. Sidley Austin LLP 1001 Page Mill Road, Building 1 Palo Alto, California 94304 (650) 565-7000 |
Robert G. Day, Esq. Melissa S. Rick, Esq. Wilson Sonsini Goodrich & Rosati, Professional Corporation 650 Page Mill Road Palo Alto, California 94303 (650) 493-9300 |
Approximate date of commencement of proposed sale to the public: As soon as practicable after this Registration Statement becomes effective.
If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the following box. ☐
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☒333-269238
If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐
If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, 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. (Check one):
Large accelerated filer | ☐ | Accelerated filer | ☐ | |||
Non-accelerated filer | ☒ | Smaller reporting company | ☐ | |||
Emerging growth company | ☐ |
If an emerging growth company, indicate by checkmark if the registrant has not elected 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. ☐
EXPLANATORY NOTE AND INCORPORATION BY REFERENCE
Pursuant to Rule 462(b) under the Securities Act of 1933, as amended ("Securities Act"), Nextracker Inc. ("Registrant") is filing this Registration Statement on Form S-1 (this "Registration Statement") with the Securities and Exchange Commission ("Commission"). This Registration Statement relates to the public offering of securities contemplated by the Registration Statement on Form S-1, as amended (File No. 333-269238) (the "Prior Registration Statement"), which the Registrant originally filed with the Commission on January 13, 2023, and which the Commission declared effective on February 8, 2023.
The Registrant is filing this Registration Statement for the sole purpose of increasing the aggregate number of shares of common stock, par value $0.0001 per share, offered by the Registrant by 3,845,814 shares, 501,628 of which are subject to purchase by the underwriters upon exercise of the underwriters' option to purchase additional shares of the Registrant's common stock. The additional shares that are being registered for sale are in an amount and at a price that together represent no more than 20% of the maximum aggregate offering price set forth in Exhibit 107 to the Prior Registration Statement. The information set forth in the Prior Registration Statement, including all amendments and exhibits thereto, are incorporated by reference herein.
The required opinion and consents are listed on the Exhibit Index attached hereto and filed herewith.
EXHIBIT INDEX
Exhibit number |
Description | |
5.1* | Opinion of Sidley Austin LLP | |
23.1* | Consent of Deloitte & Touche LLP, independent registered public accounting firm. | |
23.2* | Consent of Deloitte & Touche LLP, independent registered public accounting firm. | |
23.3* | Consent of Sidley Austin LLP (included in Exhibit 5.1) | |
24.1† | Power of Attorney | |
107 | Filing Fee Table |
* |
Filed herewith. |
† |
Incorporated by reference to the Registrant's Registration Statement on Form S-1 (File No. 333-269238). |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Fremont, California, on the 8th day of February, 2023.
Nextracker Inc. | ||
By: | /s/ Daniel Shugar | |
Daniel Shugar | ||
Chief Executive Officer (Principal Executive Officer) |
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:
Signature | Title | Date | ||
/s/ Daniel Shugar Daniel Shugar |
Chief Executive Officer; Director (Principal Executive Officer) |
February 8, 2023 | ||
/s/ David Bennett David Bennett |
Chief Financial Officer and (Principal Financial Officer and Principal Accounting Officer) |
February 8, 2023 | ||
* Christian Bauwens |
Director | February 8, 2023 | ||
* Charles Boynton |
Director | February 8, 2023 | ||
* Jonathan Coslet |
Director | February 8, 2023 | ||
* Paul Lundstrom |
Director | February 8, 2023 | ||
* Steven Mandel |
Director | February 8, 2023 | ||
* Scott Offer |
Director | February 8, 2023 | ||
* Willy Shih |
Director | February 8, 2023 | ||
* Rebecca Sidelinger |
Director | February 8, 2023 | ||
* William D. Watkins |
*By: | /s/ Daniel Shugar | |
Daniel Shugar Attorney-in-Fact |