As filed with the U.S. Securities and Exchange Commission on April 15, 2024
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Skillsoft Corp.
(Exact name of registrant as specified in its charter)
Delaware |
83-4388331 |
|
(State or other jurisdiction of incorporation or organization) |
(I.R.S. Employer Identification Number) |
7887 E Belleview Ave., Suite 600
Greenwood Village, CO 80111
(Address of principal executive offices) (Zip Code)
Skillsoft Corp. 2020 Omnibus Incentive Plan
(Full titles of the plan)
Richard Walker
Chief Financial Officer
7887 E Belleview Ave., Suite 600
Greenwood Village, CO 80111
(603) 821-3902
(Name, address, and telephone number, including area code, of agent for service)
Copies to:
Heather Ashour
Arnold & Porter Kaye Scholer LLP
1144 Fifteenth Street, Suite 3100
Denver, Colorado 80202
(303) 863-1000
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 |
☒ |
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Non-accelerated filer |
☐ |
Smaller reporting company |
☒ |
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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. ☐
EXPLANATORY NOTE
Pursuant to General Instruction E of Form S-8, Skillsoft Corp. (the “Registrant” or the “Company”) is filing this registration statement on Form S-8 (this “Registration Statement”) with the U.S. Securities and Exchange Commission (the “SEC”) for the purpose of registering 579,647 shares (the “Shares”) of the Company’s Class A common stock, par value $0.0001 per share, that may be issued to participants under the Company’s 2020 Omnibus Incentive Plan (the “2020 Plan”). The Shares are being registered in addition to (a) 13,105,902 shares registered on that registration statement on Form S-8 filed with the SEC on August 17, 2021 (File No. 333-258867); (b) 10,211,499 shares registered on that registration statement on Form S-8 filed with the SEC on May 24, 2022 (File No. 333-265182); and (c) 12,353,687 shares registered on that registration statement on Form S-8 filed with the SEC on April 14, 2023 (File No. 333-271269) (collectively, the “Prior Registration Statements”). The Shares consist of (i) an additional 403,939 Shares that have or will become reserved for issuance pursuant to Section 6(a) (the “evergreen” provision) of the 2020 Plan, which provides for an automatic annual increase in the number of shares of Class A common stock available for issuance under the 2020 Plan, and (ii) 175,708 Shares that have become available for issuance under the 2020 Plan as a result of expiration, cancelation, forfeiture or termination, which were previously registered on the Prior Registration Statements. Other than the 403,939 Shares that have become available for issuance pursuant to the “evergreen” provision of the 2020 Plan, the Shares registered by this Registration Statement do not represent an increase in the number of shares previously reserved for issuance under the 2020 Plan.
This Registration Statement relates to securities of the same class as to which the Prior Registration Statements relate and hereby incorporates by reference the contents of the Prior Registration Statements, to the extent relating to the registration of Common Stock issuable under the 2020 Plan, except to the extent amended hereby.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. |
Incorporation of Documents by Reference. |
The following documents filed by the Registrant with the SEC under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), are incorporated by reference into this Registration Statement (in each case excluding any information furnished pursuant to Item 2.02 or Item 7.01 and any corresponding exhibits thereto on any Current Report on Form 8-K):
(a) |
The Registrant’s Annual Report on Form 10-K for the year ended January 31, 2024, filed with the SEC on April 15, 2024; and |
(b) |
The description of the Registrant’s Class A common stock contained in the Registration Statement on Form 8-A (File No. 001-38960) filed June 26, 2019, pursuant to Section 12(b) of the Exchange Act, as updated by the description of the Registrant’s Class A common stock in the Description of Securities filed as Exhibit 4.1 to the Registrant’s Annual Report on Form 10-K for the year ended January 31, 2024, including any amendments or reports filed for the purpose of updating such description. |
All documents subsequently filed by the Registrant pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act prior to the filing of a post-effective amendment to the Registration Statement which indicates that all of the shares registered hereunder have been sold or which deregisters all of such shares then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the respective dates of filing of such documents; provided, however, that documents or information deemed to have been furnished and not filed in accordance with SEC rules shall not be deemed incorporated by reference into this Registration Statement. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein, or in any other subsequently filed document that also is or is deemed to be incorporated by reference herein, modifies or supersedes such earlier statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
Item 8. |
Exhibits. |
Exhibit Index
Exhibit Number |
Description |
|
4.1* |
Second Amended and Restated Certificate of Incorporation of Skillsoft Corp., as amended |
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4.2 |
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4.3 |
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4.4 |
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4.5 |
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5.1* |
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10.1 |
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23.1* |
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23.2* |
Consent of Arnold & Porter Kaye Scholer LLP (included as part of Exhibit 5.1). |
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24.1* |
Power of Attorney (included in signature pages of this Registration Statement) |
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107* |
* Filed herewith
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Greenwood Village, Colorado, on this 15th day of April, 2024.
SKILLSOFT CORP. |
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By: |
/s/ Richard Walker |
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Richard Walker, Chief Financial Officer |
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Stephen Martin and Richard Walker, and each of them, individually, as his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in his or her name, place, and stead, in any and all capacities, to sign the Registration Statement on Form S-8 of Skillsoft Corp., and any or all amendments (including post-effective amendments), and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite or necessary to be done in connection therewith and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement on Form S-8 has been signed by the following persons in the capacities and on the dates indicated.
Signature |
Title |
Date |
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/s/ Jeffrey R. Tarr |
Chief Executive Officer and Director |
April 15, 2024 |
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Jeffrey R. Tarr | (Principal Executive Officer) | |||
/s/ Richard Walker |
Chief Financial Officer |
April 15, 2024 |
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Richard Walker | (Principal Financial Officer) | |||
/s/ Jose Torres |
Chief Accounting Officer |
April 15, 2024 |
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Jose Torres | (Principal Accounting Officer) | |||
/s/ Ronald W. Hovsepian |
Director |
April 15, 2024 |
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Ronald W. Hovsepian | ||||
/s/ Lawrence Charles Illg |
Director |
April 15, 2024 |
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Lawrence Charles Illg | ||||
/s/ Helena B. Foulkes |
Director |
April 15, 2024 |
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Helena B. Foulkes | ||||
/s/ Patrick Kolek |
Director |
April 15, 2024 |
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Patrick Kolek | ||||
/s/ Michael S. Klein |
Director |
April 15, 2024 |
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Michael S. Klein | ||||
/s/ Karen G. Mills |
Director |
April 15, 2024 |
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Karen G. Mills | ||||
/s/ Peter Schmitt |
Director |
April 15, 2024 |
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Peter Schmitt | ||||
/s/ Lawrence H. Summers |
Director |
April 15, 2024 |
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Lawrence H. Summers |