As filed pursuant to Rule 424(b)(5)
Registration No. 333-255105
PROSPECTUS SUPPLEMENT
(To prospectus dated April 7,
2021)
Amyris, Inc.
20,000,000 Shares of Common Stock
Warrants to Purchase 15,000,000 Shares of Common Stock
We are offering 20,000,000 shares
of our common stock, $0.0001 par value per share (our common stock), and warrants to purchase up to 15,000,000 shares of common stock (our warrants) in a registered direct offering directly to certain investors (the
investors) pursuant to this prospectus supplement and the accompanying prospectus and securities purchase agreement with the investors. This prospectus supplement also relates to the offering of the shares of common stock issuable upon
exercise of such warrants. The common stock and warrants will be sold in units, with each unit consisting of one share of common stock and one warrant to purchase 0.75 of a share of common stock. Each warrant will be immediately exercisable at a
price of $1.80 per full share of common stock for a period of five years from the date such warrant first becomes exercisable. Each unit will be sold to investors at an offering price of $1.50. Warrants may only be exercised for whole numbers of
shares of common stock. The shares of common stock and warrants are immediately separable and will be issued separately.
In a concurrent private placement,
we are selling to our affiliate Foris Ventures, LLC (Foris) 13,333,334 shares of our common stock and warrants to purchase up to 10,000,000 shares of common stock. The common stock and warrants will be sold in units, with
each unit consisting of one share of common stock and one warrant to purchase 0.75 of a share of common stock. Each warrant will be immediately exercisable at a price of $1.80 per full share of common stock for a period of five years from the date
such warrant first becomes exercisable. Each unit will be sold to investors at an offering price of $1.50. Warrants may only be exercised for whole numbers of shares of common stock. The shares of common stock and warrants are immediately separable
and will be issued separately. The shares of common stock and warrants being offered in the concurrent private placement are being offered pursuant to the exemptions provided in Section 4(a)(2) under the Securities Act of 1933, as amended, or
the Securities Act, and Rule 506(b) promulgated thereunder, and they are not being offered pursuant to this prospectus supplement and the accompanying prospectus. The concurrent private placement is expected to close concurrently with this offering
and on substantially the same terms and conditions as this offering.
Our common stock is listed on The Nasdaq Global Select Market under the symbol
AMRS. On December 28, 2022, the closing price of our common stock was $1.67 per share. We do not intend to list the warrants on The Nasdaq Global Market, any other national securities exchange or any other nationally recognized
trading system. Without an active trading market, the liquidity of the warrants will be limited.
Investing in our securities involves risks. See Risk
Factors on page S-7.
You should carefully read this prospectus supplement, the documents
incorporated herein, and, if applicable, any prospectus supplement subsequently filed with respect to the accompanying prospectus, before making any investment decision.
We engaged H.C. Wainwright & Co., LLC as our exclusive placement agent to use its reasonable best efforts to solicit offers to purchase shares of our
securities in connection with this offering. The placement agent has no obligation to purchase any of the shares of our securities from us or to arrange for the purchase or sale of any specific number or dollar amount of the securities. We have
agreed to pay the placement agent the placement agent fees set forth in the table below and to provide certain other compensation to the placement agent. See Plan of Distribution beginning on page S-19 of this prospectus supplement for
more information regarding these arrangements.
Neither the Securities and Exchange Commission nor any state securities commission has approved or
disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
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Per Unit |
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Total |
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Offering price |
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$ |
1.50 |
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$ |
30,000,000 |
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Placement Agent fees(1) |
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$ |
0.105 |
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$ |
2,100,000 |
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Proceeds to Amyris, Inc., before expenses |
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$ |
1.395 |
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$ |
27,900,000 |
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(1) |
We have agreed to pay the placement agent for certain of its expenses. See Plan of Distribution on
page S-19 of this prospectus supplement for a description of the compensation payable to the placement agent. |
We expect to deliver the shares of common stock and warrants against payment on or about December 30, 2022, subject to satisfaction of customary closing
conditions.
H.C. Wainwright & Co.
The date of this prospectus supplement is December 29, 2022