S-8

As filed with the Securities and Exchange Commission on March 8, 2022

Registration No. 333-            

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

RXSIGHT, INC.

(Exact name of Registrant as specified in its charter)

 

 

 

Delaware   94-3268801

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification Number)

100 Columbia

Aliso Viejo, CA 92656

(949) 521-7830

(Address, including zip code, and telephone number, including area code, of Registrant’s principal executive offices)

2021 Equity Incentive Plan

2021 Employee Stock Purchase Plan

(Full title of the plan)

Ron Kurtz, M.D.

President and Chief Executive Officer

RxSight, Inc.

100 Columbia

Aliso Viejo, CA 92656

(949) 521-7830

(Name, address, including zip code, and telephone number, including area code, of agent for service)

Copies to:

 

Martin J. Waters

Robert L. Wernli, Jr.

Wilson Sonsini Goodrich & Rosati, P.C.

12235 El Camino Real

San Diego, CA 92130

(858) 350-2300

 

Shelley Thunen

Chief Financial Officer

RxSight, Inc.

100 Columbia

Aliso Viejo, CA 92656

(949) 521-7830

 

 

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      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.  ☒

 

 

 


PART I

INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

This Registration Statement on Form S-8 (the “Registration Statement”) is filed by RxSight, Inc. (the “Registrant”) for the purpose of registering (i) 1,094,670 additional shares of common stock of the Registrant that may be issued pursuant to the RxSight, Inc. 2021 Equity Incentive Plan, and (ii) 273,667 additional shares of common stock of the Registrant that may be issued pursuant to the RxSight, Inc. 2021 Employee Stock Purchase Plan.

In accordance with General Instruction E to Form S-8, the contents of the previous Registration Statement on Form S-8 (File No. 333-258292) filed by the Registrant with the Securities and Exchange Commission (the “SEC”) on July 30, 2021 are incorporated by reference into this Registration Statement, except as modified or superseded hereby.

PART II

INFORMATION REQUIRED IN REGISTRATION STATEMENT

 

Item 3.

Incorporation of Documents by Reference.

RxSight, Inc. (the “Registrant”) hereby incorporates by reference into this Registration Statement the following documents previously filed with the Securities and Exchange Commission (the “Commission”):

 

(1)

The Registrant’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, filed with the Commission on March 8, 2022 (the “Annual Report”);

 

(2)

All other reports filed pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), since the end of the fiscal year covered by the Annual Report (other than the portions of these documents not deemed to be filed); and

 

(3)

The description of the Registrant’s Common Stock contained in the Registrant’s Registration Statement on Form 8-A (File No. 001-40690) filed with the Commission on July 28, 2021, pursuant to Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including any amendment or report filed for the purpose of updating such description.

All documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act on or after the date of this Registration Statement and prior to the filing of a post-effective amendment to this Registration Statement that indicates that all securities offered have been sold or that deregisters all securities then remaining unsold shall be deemed to be incorporated by reference in this Registration Statement and to be part hereof from the date of filing of such documents; provided, however, that documents or information deemed to have been furnished and not filed in accordance with the rules of the Commission 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 subsequently filed document which also is deemed to be incorporated by reference herein modifies or supersedes such 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 7.

Exemption from Registration Claimed.

Not applicable.

 

Item 8.

Exhibits.

 

         

Incorporated by Reference

Exhibit
Number
  

Description

  

Form

  

File No.

  

Exhibit

  

Filing Date

    4.1    Specimen common stock certificate of the Registrant    S-1/A    333-257790    4.2    July 26, 2021
    4.2    2021 Equity Incentive Plan, and form agreements thereunder    S-1/A    333-257790    10.3    July 26, 2021
    4.3    2021 Employee Stock Purchase Plan and form agreements thereunder    S-1/A    333-257790    10.4    July 26, 2021
    5.1*    Opinion of Wilson Sonsini Goodrich & Rosati, Professional Corporation            
  23.1*    Consent of Independent Registered Public Accounting Firm            
  23.2    Consent of Wilson Sonsini Goodrich & Rosati, Professional Corporation (contained in Exhibit 5.1 hereto)            
  24.1*    Power of Attorney (contained on signature page hereto)            
107*    Filing Fee Table            

 

*

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-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Aliso Viejo, State of California, on March 8, 2022.

 

RXSIGHT, INC.
By:  

/s/ Ron Kurtz, M.D.

  Ron Kurtz, M.D.
  President and Chief Executive Officer

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Ron Kurtz, M.D. and Shelley Thunen as his or her true and lawful attorneys-in-fact and agents, with full power of substitution and substitution, for him or her and in their name, place and stead, in any and all capacities, to sign this Registration Statement and any and all amendments thereto (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, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, 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 any of them, or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, 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

/s/ Ron Kurtz, M.D.

  

President, Chief Executive Officer and Director

(Principal Executive Officer)

  March 8, 2022
Ron Kurtz, M.D.  

/s/ Shelley Thunen

  

Chief Financial Officer

(Principal Financial and Accounting Officer)

  March 8, 2022
Shelley Thunen  

/s/ J. Andy Corley

   Chair of the Board   March 8, 2022
J. Andy Corley  

/s/ William J. Link, Ph.D.

   Director   March 8, 2022
William J. Link, Ph.D.  

/s/ Juliet Tammenoms Bakker

   Director   March 8, 2022
Juliet Tammenoms Bakker  

/s/ Julie Andrews

   Director   March 8, 2022
Julie Andrews  

/s/ Robert Palmisano

   Director   March 8, 2022
Robert Palmisano     

/s/ Robert Warner

   Director   March 8, 2022
Robert Warner     

/s/ Shweta Singh Maniar

   Director   March 8, 2022
Shweta Singh Maniar     

/s/ Tamara R. Fountain, M.D.

   Director   March 8, 2022
Tamara R. Fountain, M.D.     
EX-5.1

Exhibit 5.1

 

LOGO   

Wilson Sonsini Goodrich & Rosati

Professional Corporation

 

12235 El Camino Real

San Diego, California 92130

 

o: 858-350-2300

f: 858-350-2399

March 8, 2022

RxSight, Inc.

100 Columbia

Aliso Viejo, California 92656

Re: Registration Statement on Form S-8

Ladies and Gentlemen:

We have examined the Registration Statement on Form S-8 (the “Registration Statement”) to be filed by RxSight, Inc., a Delaware corporation (the “Company”), with the Securities and Exchange Commission on or about the date hereof, in connection with the registration under the Securities Act of 1933, as amended, of an aggregate of 1,368,337 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (“Common Stock”), consisting of (i) 1,094,670 shares of Common Stock reserved for future issuance under the Company’s 2021 Equity Incentive Plan (the “2021 Plan”), and (ii) 273,667 shares of Common Stock reserved for issuance under the Company’s 2021 Employee Stock Purchase Plan. As the Company’s legal counsel, we have reviewed the actions proposed to be taken by the Company in connection with the issuance and sale of the Shares to be issued under such plans (which plans are referred to herein as the “Plans”).

It is our opinion that the Shares, when issued and sold in the manner referred to in the Plans and pursuant to the agreements that accompany the Plans, will be legally and validly issued, fully paid and nonassessable.

We consent to the use of this opinion as an exhibit to the Registration Statement, and further consent to the use of our name wherever appearing in the Registration Statement and any amendments thereto.

 

Very truly yours,
/s/ Wilson Sonsini Goodrich & Rosati
WILSON SONSINI GOODRICH & ROSATI,
Professional Corporation

 

AUSTIN    BEIJING    BOSTON    BRUSSELS    HONG KONG    LONDON    LOS ANGELES    NEW YORK    PALO ALTO     SAN DIEGO

    SAN FRANCISCO    SEATTLE    SHANGHAI    WASHINGTON, DC    WILMINGTON, DE

EX-23.1

Exhibit 23.1

Consent of Independent Registered Public Accounting Firm

We consent to the incorporation by reference in the Registration Statement (Form S-8) pertaining to the RxSight, Inc. 2021 Equity Incentive Plan and 2021 Employee Stock Purchase Plan of RxSight, Inc. of our report dated March 8, 2022, with respect to the consolidated financial statements of RxSight, Inc. included in its Annual Report (Form 10-K) for the year ended December 31, 2021, filed with the Securities and Exchange Commission.

 

/s/ Ernst & Young LLP
Irvine, California
March 8, 2022
EX-FILING FEES

Exhibit 107

Calculation of Filing Fee Table

Form S-8

(Form Type)

RxSight, Inc.

(Exact name of Registrant as Specified in its Charter)

Table 1 – Newly Registered Securities

 

Security

Type

 

Security

Class

Title

 

Fee

Calculation

Rule

 

Amount

Registered (1)

 

Proposed

Maximum

Offering

Price Per

Share

 

Maximum

Aggregate

Offering Price

 

Fee

Rate

 

Amount of

Registration

Fee

Equity   Common Stock, $0.001 par value per share, reserved for issuance pursuant to the 2021 Equity Incentive Plan   457(c)
and 457(h)
  1,094,670(2)   $13.41(4)   $14,679,524.70   0.0000927   $1,360.79
Equity   Common Stock, $0.001 par value per share, reserved for issuance pursuant to the 2021 Employee Stock Purchase Plan   457(c) and
457(h)
  273,667(3)   $11.39(5)   $3,117,067.13   0.0000927   $288.95
    Total Offering Amounts   1,368,337       $17,796,591.83       $1,649.74
    Total Fee Offsets               —  
    Net Fee Due               $1,649.74

 

(1)

Pursuant to Rule 416(a) of the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of the Registrant’s common stock (the “Common Stock”) that become issuable under the 2021 Equity Incentive Plan (the “2021 Plan”) and the 2021 Employee Stock Purchase Plan (the “2021 ESPP”), by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without receipt of consideration that increases the number of the Registrant’s outstanding shares of common stock.

(2)

Represents additional shares of Common Stock that were automatically added to the shares authorized for issuance under the 2021 Plan on March 3, 2022 pursuant to an “evergreen” provision contained in the 2021 Plan. Pursuant to the provision contained in the 2021 Plan, on the first day of each fiscal year beginning with the 2022 fiscal year and ending with the 2031 fiscal year, the number of shares authorized for issuance under the 2021 Plan is automatically increased by the least of (i) 7,260,406 shares of Common Stock, (ii) four percent (4%) of the outstanding number of shares of Common Stock on the last day of the immediately preceding fiscal year, or (iii) such number of shares of Common Stock as determined by the administrator of the 2021 Plan.

(3)

Represents additional shares of Common Stock that were automatically added to the shares authorized for issuance under the 2021 ESPP on March 3, 2022 pursuant to an “evergreen” provision contained in the 2021 ESPP. Pursuant to the provision contained in the 2021 ESPP, on the first day of each fiscal year beginning with the 2022 fiscal year and ending with the 2031 fiscal year, the number of shares authorized for issuance under the 2021 ESPP is automatically increased by the least of (i) 1,452,081 shares of Common Stock, (ii) one percent (1%) of the outstanding number of shares of Common Stock on the last day of the immediately preceding fiscal year, or (iii) such number of shares of Common Stock as determined by the administrator of the 2021 ESPP.

(4)

Estimated in accordance with Rule 457(c) and (h) solely for the purpose of calculating the registration fee on the basis of $13.41 per share, based upon the average of the high and low prices of the Registrant’s common stock as reported on The Nasdaq Stock Market LLC on March 2, 2022.

(5)

Estimated in accordance with Rule 457(c) and (h) solely for the purpose of calculating the registration fee on the basis of 85% of $13.41 per share, based upon the average of the high and low prices of the Registrant’s common stock as reported on The Nasdaq Stock Market LLC on March 2, 2022. Pursuant to the 2021 ESPP, the purchase price of the shares of common stock reserved for issuance thereunder will be equal to 85% of the fair market value on the enrollment date or on the exercise date, whichever is lower.