Attached files
file | filename |
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EX-23.1 - CONSENT OF PWR CPA, LLP - Esports Technologies, Inc. | esports_ex2301.htm |
EX-5.1 - OPINION OF SCHIFF HARDIN LLP - Esports Technologies, Inc. | esports_ex0501.htm |
As filed with the Securities and Exchange Commission on April 14, 2021
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-1
REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933
Esports Technologies, Inc.
(Exact name of registrant as specified in its charter)
Nevada | 7900 | 85-3201309 | ||
(State or other jurisdiction of incorporation or organization) |
(Primary Standard Industrial Classification Code Number) |
(I.R.S. Employer Identification Number) |
720 South 7th Street, 3rd Floor
Las Vegas, NV 89101
(702) 481-1779
(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)
Aaron Speach, President and Chief Executive Officer
720 South 7th Street, 3rd Floor
Las Vegas, NV 89101
(702) 481-1779
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
Cavas S. Pavri | Megan Penick | |
Schiff Hardin LLP | Stephen Weiss | |
100 N. 18th, Suite 300 | Michelman & Robinson, LLP | |
Philadelphia, PA 19103 | 800 Third Avenue | |
Telephone: (202) 724-6847 | 24th Floor | |
Fax: (202) 778-6460 | New York, NY 10022 | |
Telephone: 212-730-7700 | ||
Fax: 212-730-7725 |
Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective date of this registration statement.
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, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. x 333-254068
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. ¨
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 7(a)(2)(B) of the Securities Act. ¨
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a 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.
Large accelerated filer | ¨ | Accelerated filer | ¨ |
Non-accelerated filer | x | Smaller reporting company | x |
Emerging growth company | x |
CALCULATION OF REGISTRATION FEE
Title of Each Class of Security Being Registered |
Proposed Maximum Aggregate Offering Price(1) |
Amount of Registration Fee |
||||||||||
Common Stock, par value $0.001 | $ | 2,400,000 | $ | 261.84 | ||||||||
Representatives’ Warrant to Purchase Common Stock | ||||||||||||
Shares of Common Stock issuable upon exercise of Representatives Warrant (2) | $ | 201,600 | 21.99 | |||||||||
Total | $ | 2,601,600 | $ | 283.83 | (3) |
_________________
(1) | Estimated solely for the purpose of calculating the registration fee. |
(2) | Pursuant to Rule 416, there are also being registered an indeterminable number of additional securities as may be issued to prevent dilution resulting from share sub-divisions, share dividends or similar transactions. |
(3) | The Registrant previously registered securities having a proposed maximum aggregate offering price of $13,008,000 on its Registration Statement on Form S-1, as amended (File No. 333-254068) which was declared effective by the Securities and Exchange Commission on April 14, 2021. In accordance with Rule 462(b) under the Securities Act, an additional number of securities having a proposed maximum offering price of $2,601,600 is hereby registered. | |
The Registration Statement shall become effective upon filing with the Securities and Exchange Commission in accordance with Rule 462(b) under the Securities Act of 1933, as amended.
EXPLANATORY NOTE
This Registration Statement on Form S-1 is being filed with respect to the registration of 400,000 additional shares of common stock of Esports Technologies, Inc., a Nevada corporation (the “Registrant”), pursuant to Rule 462(b) under the Securities Act of 1933, as amended, and General Instruction V to Form S-1. In addition, this Registration Statement is being filed with respect to the registration of a warrant to purchase up to 28,000 shares of common stock that may be issued to the representative of the underwriters (or its designees) in the offering subject to the Registration Statement. This Registration Statement relates to the Registrant’s Registration Statement on Form S-1, as amended (File No. 333-254068) (the “Prior Registration Statement”), initially filed by the Registrant on March 10, 2021 and declared effective by the Securities and Exchange Commission (the “Commission”) on April 14, 2021. The required opinion of counsel and related consent and accountant’s consent are attached hereto and filed herewith. Pursuant to Rule 462(b), the contents of the Prior Registration Statement, including the exhibits thereto, are incorporated by reference into this Registration Statement.
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item 16. | Exhibits and Financial Statement Schedules. |
(a) Exhibits. All exhibits filed with or incorporated by reference in the Registration Statement on Form S-1 (SEC File No. 333-254068) are incorporated by reference into, and shall be deemed a part of, this Registration Statement, and the following additional exhibits are filed herewith, as part of this Registration Statement:
5.1 | Opinion of Schiff Hardin LLP | |
23.1 | Consent of PWR CPA, LLP | |
23.2 | Consent of Schiff Hardin LLP (included on Exhibit 5.1). |
2 |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Las Vegas, Nevada on the April 14, 2021.
ESPORTS TECHNOLOGIES, INC. | ||||
By : | /s/ Aaron Speach | |||
Name: | Aaron Speach | |||
Title: | President and Chief Executive Officer |
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.
Name | Position | Date | ||
/s/ Aaron Speach | Chief Executive Officer, President and Director (Principal Executive Officer) | April 14, 2021 | ||
Aaron Speach | ||||
/s/ James Purcell | Chief Financial Officer (Principal Financial and Accounting Officer) | April 14, 2021 | ||
James Purcell | ||||
* | Director | April 14, 2021 | ||
Michael Nicklas | ||||
* | Director | April 14, 2021 | ||
Dennis Neilander | ||||
* | Director | April 14, 2021 | ||
Christopher S. Downs |
* Pursuant to power of attorney
By: /s/ Aaron Speach
Aaron Speach
Attorney-in-fact
3 |