Form S-3/A - Registration statement under Securities Act of 1933: [Amend]
July 10 2023 - 4:06PM
Edgar (US Regulatory)
As filed with the Securities and Exchange
Commission on July 10, 2023
Registration No. 333-273019
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 1
TO
FORM S-3
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
DARIOHEALTH CORP.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or other jurisdiction
of incorporation or organization) |
45-2973162
(I.R.S. Employer
Identification No.) |
18 W. 18th St.
New York, New York
Telephone: (646) 665-4667
Facsimile: +(972)-(4) 770 4060
(Address, Including Zip Code, and Telephone
Number, Including Area Code, of Registrant’s Principal Executive Offices)
Mr. Erez Raphael
Chief Executive Officer
DarioHealth Corp.
18 W. 18th St.
New York, New York
Telephone: (646) 665-4667
Facsimile: +(972)-(4) 770 4060
(Name, address, including zip code, and telephone
number,
including area code, of agent for service)
Copies to:
Oded Har-Even, Esq.
Ron Ben-Bassat, Esq.
Sullivan & Worcester LLP
1633 Broadway
New York, NY 10019
Telephone: (212) 660-5000
Facsimile: (212) 660-3001
Approximate date of commencement of proposed sale to the public:
From time to time after the effective date of this registration statement, as determined by market and other conditions.
If the only securities being registered on this Form are being
offered pursuant to dividend or interest reinvestment plans, please check the following box: ¨
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, other than securities offered
only in connection with dividend or interest reinvestment plans, check the following box: x
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. ¨
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 registration statement pursuant to General Instruction
I.D. or a post-effective amendment thereto that shall become effective upon filing with the Commission pursuant to Rule 462(e) under
the Securities Act, check the following box. ¨
If this Form is a post-effective amendment to a registration statement
filed pursuant to General Instruction I.D. filed to register additional securities or additional classes of securities pursuant to Rule 413(b) under
the Securities Act, check the following box. ¨
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 |
¨ |
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 Securities Act. ¨
THE REGISTRANT HEREBY AMENDS THIS REGISTRATION STATEMENT ON SUCH
DATE OR DATES AS MAY BE NECESSARY TO DELAY ITS EFFECTIVE DATE UNTIL THE REGISTRANT SHALL FILE A FURTHER AMENDMENT WHICH SPECIFICALLY
STATES THAT THIS REGISTRATION STATEMENT SHALL THEREAFTER BECOME EFFECTIVE IN ACCORDANCE WITH SECTION 8(a) OF THE SECURITIES
ACT OF 1933 OR UNTIL THE REGISTRATION STATEMENT SHALL BECOME EFFECTIVE ON SUCH DATE AS THE COMMISSION ACTING PURSUANT TO SAID SECTION 8(a),
MAY DETERMINE.
EXPLANATORY NOTE
This Pre-Effective Amendment
No.1 (the “Amendment”) is being filed to amend the Registration Statement on Form S-3 (File No. 333-273019), originally filed
by the registrant on June 29, 2023 (the “Registration Statement”). The sole purpose of this Amendment is to include Exhibit
10.3, the Loan and Security Agreement, dated May 1, 2023, by and among the registrant, as borrower, and Avenue Venture Opportunities
Fund II, L.P., as lender, as an exhibit filed herewith on the Exhibit Index hereto. Accordingly, this Amendment consists only of the
cover page of the Registration Statement, this Explanatory Note, the Exhibit Index to the Registration Statement, the signature pages
and Exhibit 10.3 filed herewith. This Amendment does not modify any provision of the prospectus contained in Part I or the balance of
Part II of the Registration Statement.
Item 16.
Exhibits
A list of exhibits filed with this registration
statement is contained in the exhibits index, which is incorporated by reference.
EXHIBIT INDEX
Exhibit
No. |
|
Description |
3.1* |
|
Amended
and Restated Certificate of Designation of Preferences, Rights and Limitations of Series B Preferred Stock (incorporated by reference
to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on June 20, 2023). |
3.2* |
|
Amended
and Restated Certificate of Designation of Preferences, Rights and Limitations of Series B-1 Preferred Stock (incorporated by reference
to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on June 20, 2023). |
3.3* |
|
Amended
and Restated Certificate of Designation of Preferences, Rights and Limitations of Series B-2 Preferred Stock (incorporated by reference
to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on June 20, 2023). |
3.4* |
|
Amended
and Restated Certificate of Designation of Preferences, Rights and Limitations of Series B-3 Preferred Stock (incorporated by reference
to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on June 20, 2023). |
4.1* |
|
Form
of Warrant (incorporated by reference to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission
on May 5, 2023). |
5.1* |
|
Opinion
of Sullivan & Worcester LLP |
10.1* |
|
Form of
Securities Purchase Agreement for Series B, Series B-1, Series B-2 Preferred Stock (incorporated by reference to Exhibit 10.1 to
the Current Report on Form 8-K filed with the Securities and Exchange Commission on May 5, 2023) |
10.2* |
|
Form of
Securities Purchase Agreement for Series B-3 Preferred Stock (incorporated by reference to Exhibit 10.4 to the Current Report on
Form 8-K filed with the Securities and Exchange Commission on May 5, 2023) |
10.3** |
|
Loan
and Security Agreement, dated May 1, 2023, by and among the Company, as borrower, and Avenue Venture Opportunities Fund II, L.P.,
as lender (incorporated by reference to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission
on May 5, 2023). |
23.1* |
|
Consent of Kost Forer Gabbay &
Kasierer, a member of Ernst & Young Global |
23.2* |
|
Consent of Sullivan &
Worcester LLP (included in Exhibit 5.1) |
24.1* |
|
Power of Attorney |
107* |
|
Filing Fee Table |
* Previously filed
** Filed herewith
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the
registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and
has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in New York, New
York on the 10th day of July 2023.
|
DARIOHEALTH CORP. |
|
|
|
|
By: |
/s/ Erez Raphael |
|
|
Name: |
Erez Raphael |
|
|
Title: |
Chief Executive Officer |
Pursuant to the requirements of the Securities Act of 1933, this registration
statement has been signed below by the following persons in the capacities and on the dates indicated.
Person |
|
Capacity |
|
Date |
|
|
|
|
|
/s/ Erez Raphael |
|
Chief Executive Officer |
|
July 10, 2023 |
Erez Raphael |
|
(Principal Executive Officer) |
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/s/ Zvi Ben David |
|
Chief Financial Officer, Secretary and Treasurer |
|
July 10, 2023 |
Zvi Ben David |
|
(Principal Financial and Accounting Officer) |
|
|
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|
* |
|
Chairman of the Board of Directors |
|
July 10, 2023 |
Yoav Shaked |
|
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* |
|
Director |
|
July 10, 2023 |
Jon Kaplan |
|
|
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* |
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Director |
|
July 10, 2023 |
Hila Karah |
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* |
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Director |
|
July 10, 2023 |
Dennis Matheis |
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* |
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Director |
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July 10, 2023 |
Dennis M. McGrath |
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* |
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Director |
|
July 10, 2023 |
Adam K. Stern |
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* by Erez Raphael as Attorney-in-Fact |
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