NEPHROS INC — Registration Form 2021

Jun 2, 2021

S-8 1 forms-8.htm

Field: Rule-Page

Field: /Rule-Page

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM S-8

REGISTRATION STATEMENT

Under the Securities Act of 1933

NEPHROS, INC.

(Exact name of registrant as specified in its charter)

Delaware	13-3971809
(State
or Other Jurisdiction of	(I.R.S.
Employer
Incorporation
or Organization)	Identification
Number)

380 Lackawanna Place

South Orange, NJ 07079

(Address of Principal Executive Offices and Zip Code)

2015 Equity Incentive Plan

(Full title of the plan)

Andy Astor Chief Executive Officer 380 Lackawanna Place South Orange, NJ 07079 (201) 343-5202 (Name, address and telephone number, including area code, of agent for service) Copies to: Christopher J. Melsha Amanda K. Lorentz Fredrikson & Byron, P.A. 200 South Sixth Street, Suite 4000 Minneapolis, MN 55402-1425 Telephone: (612) 492-7369 Facsimile: (612) 492-7077

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 the Securities Act. [ ]

CALCULATION OF REGISTRATION FEE

Title of securities to be registered		Proposed maximum offering price per share (3)	Proposed maximum aggregate offering price (3)	Amount of registration fee
Common Stock, $0.001 par value per share	337,721	$ 8.78	$ 2,965,190.38	$ 323.50

| (1) | Pursuant
to Rule 416, this Registration Statement also covers an indeterminate number of additional shares of Common Stock that may be offered
or sold as a result of any adjustments based on stock splits, stock dividends or similar events provided under the 2015 Equity Incentive
Plan. |
| --- | --- |
| (2) | Represents
shares that are reserved for issuance under the 2015 Equity Incentive Plan. |
| (3) | Estimated
pursuant to Rule 457(c) and 457(h) solely for the purpose of calculating the registration fee and based upon the average of the high
and low prices of the Registrant’s Common Stock as reported by the Nasdaq Capital Market on May 27, 2021. |

Field: Rule-Page

Field: /Rule-Page

Field: Page; Sequence: 1

Field: /Page

STATEMENT OF INCORPORATION BY REFERENCE

The purpose of this Registration Statement is to register additional shares for issuance under the Registrant’s 2015 Equity Incentive Plan, as amended. This Registration Statement is submitted in accordance with General Instruction E to Form S-8 regarding registration of additional securities, and pursuant to such instruction, the contents of the Registration Statement on Form S-8, Reg. No. 333-205167, are incorporated herein by reference, except for Item 8, Exhibits.

PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 8. Exhibits.

5.1	Opinion of Fredrikson & Byron, P.A.
23.1	Consent of Fredrikson & Byron, P.A. (included in Exhibit 5.1).
23.2	Consent of Moody, Famiglietti & Andronico, LLP.
99.1	Nephros, Inc. 2015 Equity Incentive Plan (incorporated by reference to Exhibit 10.2 to Nephros, Inc.’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2015, filed with the SEC on May 15, 2015).
99.2	Form of Incentive Stock Option Agreement under the 2015 Equity Incentive Plan (incorporated by reference to Exhibit 10.3 to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2015).
99.3	Form of Non-Qualified Stock Option Agreement under the 2015 Equity Incentive Plan (incorporated by reference to Exhibit 10.4 to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2015).
99.4	Form of Restricted Stock Agreement under the 2015 Equity Incentive Plan (incorporated by reference to Exhibit 10.5 to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2015).
99.5	Form of Restricted Stock Unit Agreement under the 2015 Equity Incentive Plan (incorporated by reference to Exhibit 10.6 to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2015).

Field: Page; Sequence: 2; Options: NewSection; Value: 1

• 1 -

Field: /Page

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 South Orange, State of New Jersey, on June 2, 2021.

| NEPHROS,
INC. | |
| --- | --- |
| By: | /s/
Andrew Astor |
| | Andrew
Astor |
| | President,
Chief Executive Officer, and Chief Financial Officer |

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the date listed below.

Signature	Title	Date
/s/
Andrew Astor	Director,
President, Chief Executive Officer and Chief Financial Officer	June
2, 2021
Andrew
Astor
/s/
Arthur H. Amron	Director	June
2, 2021
Arthur
H. Amron
	Director	June
2, 2021
Thomas
Gwydir
/s/
Alisa Lask	Director	June
2, 2021
Alisa
Lask
	Director	June
2, 2021
Malcolm
Persen
/s/
Oliver Spandow	Director	June
2, 2021
Oliver
Spandow

Field: Page; Sequence: 3; Options: Last

• 2 -

Field: /Page