S-1MEF 1 esports_s1mef.htm FORM S-1MEF

 

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).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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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

 

 

 

 

 

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