As filed with the Securities and Exchange Commission on June 12, 2019.
Registration No. 333-231381
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Post-Effective
Amendment No. 1 to
FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Mohawk Group Holdings, Inc.
(Exact name of Registrant as specified in its charter)
Delaware | 7374 | 83-1739858 | ||
(State or other jurisdiction of incorporation or organization) |
(Primary Standard Industrial Classification Code Number) |
(I.R.S. Employer Identification Number) |
Mohawk Group Holdings, Inc.
37 East 18th Street, 7th Floor
New York, NY 10003
(Address, including zip code, and telephone number, including area code, of Registrants principal executive offices)
Yaniv Sarig
Chief Executive Officer
Mohawk Group Holdings, Inc.
37 East 18th Street, 7th Floor
New York, NY 10003
(347) 676-1681
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
Jeffrey T. Hartlin, Esq. | Joseph A. Risico | Steven D. Pidgeon, Esq. | ||
Samantha H. Eldredge, Esq. | General Counsel | DLA Piper LLP (US) | ||
Paul Hastings LLP | Mohawk Group Holdings, Inc. | 2525 E. Camelback Road, Suite 1000 | ||
1117 S. California Avenue | 37 East 18th Street, 7th Floor | Phoenix, Arizona 85016 | ||
Palo Alto, California 94304 | New York, NY 10003 | (480) 606-5124 | ||
(650) 320-1800 | (347) 676-1681 |
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, 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. ☐
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:
Large accelerated filer | ☐ | Accelerated filer | ☐ | |||
Non-accelerated filer | ☐ | Smaller reporting company | ☒ | |||
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 the Securities Act. ☐
This post-effective amendment shall become effective upon filing in accordance with Rule 462(d) promulgated under the Securities Act of 1933, as amended.
EXPLANATORY NOTE
This Post-Effective Amendment No. 1 to the Registration Statement on Form S-1 (Registration No. 333-231381) is being filed pursuant to Rule 462(d) promulgated under the Securities Act of 1933, as amended, solely for the purpose of filing an updated Exhibit 5.1 with respect to such Registration Statement.
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
EXHIBIT INDEX
II-1
| Previously filed. |
# | Indicates management contract or compensatory plan. |
+ | Non-material schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company hereby undertakes to furnish supplemental copies of any of the omitted schedules and exhibits upon request by the Securities and Exchange Commission. |
II-2
Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant has duly caused this Post-Effective Amendment No. 1 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on June 12, 2019.
MOHAWK GROUP HOLDINGS, INC. | ||
By: | /s/ Yaniv Sarig | |
Yaniv Sarig | ||
President and Chief Executive Officer |
Pursuant to the requirements of the Securities Act of 1933, as amended, this Post-Effective Amendment No. 1 to the registration statement on Form S-1 has been signed by the following persons in the capacities and on the dates indicated.
Signature |
Title |
Date | ||
/s/ Yaniv Sarig Yaniv Sarig |
President, Chief Executive Officer and Director (Principal Executive Officer) |
June 12, 2019 | ||
/s/ Fabrice Hamaide Fabrice Hamaide |
Chief Financial Officer and Director (Principal Accounting and Financial Officer) |
June 12, 2019 | ||
* Asher Delug |
Director | June 12, 2019 | ||
* Stephen Liu, M.D. |
Director | June 12, 2019 |
*By: |
/s/ Yaniv Sarig | |
Yaniv Sarig | ||
Attorney-in-Fact |
Exhibit 5.1
June 12, 2019
Mohawk Group Holdings, Inc.
37 East 18th Street, 7th Floor
New York, NY 10003
Re: | Registration Statement on Form S-1 |
Ladies and Gentlemen:
We have acted as counsel to Mohawk Group Holdings, Inc., a Delaware corporation (the Company), in connection with the preparation and filing with the U.S. Securities and Exchange Commission (the Commission), pursuant to the Securities Act of 1933, as amended (the Securities Act), of the Registration Statement on Form S-1 (File No. 333-231381) of the Company (as amended through the date hereof and including all exhibits thereto, the Registration Statement), including a related prospectus filed with the Registration Statement (the Prospectus) relating to the proposed underwritten public offering (the Offering) of up to an aggregate of 4,140,000 shares of the Companys common stock, $0.0001 par value per share (the Common Stock), which includes up to 540,000 shares of Common Stock that may be sold by the Company upon exercise of the option to purchase additional shares granted to the underwriters of the Offering (collectively, the Shares). The Shares are to be sold to the several underwriters for resale to the public as described in the Registration Statement and pursuant to the underwriting agreement referred to in the Registration Statement (the Underwriting Agreement).
In connection with this opinion, we have examined and relied upon the Registration Statement, the Prospectus, the Underwriting Agreement, the Companys Certificate of Incorporation and the Companys Bylaws, each as currently in effect, and the originals or copies certified to our satisfaction of such records, documents, certificates, memoranda and other instruments as in our judgment are necessary or appropriate to enable us to render the opinion expressed below. As to certain factual matters, we have relied upon a certificate of an officer of the Company and have not independently verified such matters. We have assumed the genuineness and authenticity of all documents submitted to us as originals, and the conformity to originals of all documents submitted to us as copies thereof.
Our opinion is limited to the matters stated herein and no opinion is implied or may be inferred beyond the matters expressly stated. Our opinion herein is expressed solely with respect to the federal laws of the United States and the General Corporation Law of the State of Delaware. We are not rendering any opinion as to compliance with any federal or state antifraud law, rule or regulation relating to securities, or to the sale or issuance thereof. Our opinion is based on these laws as in effect on the date hereof, and we disclaim any obligation to advise you of facts, circumstances, events or developments which hereafter may be brought to our attention and which may alter, affect or modify the opinion expressed herein. We express no opinion as to whether the laws of any particular jurisdiction other than those identified above are applicable to the subject matter hereof.
On the basis of the foregoing, and in reliance thereon, we are of the opinion that the Shares have been duly authorized by the Company and, when issued and sold in accordance with the Registration Statement and the Prospectus, with payment received by the Company in the manner described in the Underwriting Agreement, will be validly issued, fully paid and nonassessable.
Paul Hastings LLP | 1117 S. California Avenue | Palo Alto, California 94304
t: +l.650.320.1800 | www.paulhastings.com
Mohawk Group Holdings, Inc.
June 12, 2019
Page 2
We hereby consent to the filing of this opinion letter as Exhibit 5.1 to the Registration Statement and to the reference to our firm in the Prospectus under the heading Legal Matters. In giving such consent, we do not hereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules or regulations of the Commission thereunder.
Very truly yours,
/s/ Paul Hastings LLP