As filed with the Securities and Exchange Commission on February 6, 2018
Registration No. 333-215998
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
Post-Effective Amendment No. 1
to
FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
FTS INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Delaware |
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1389 |
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30-0780081 |
(State or other jurisdiction of |
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(Primary Standard Industrial |
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(I.R.S. Employer |
777 Main Street, Suite 2900
Fort Worth, Texas 76102
(817) 862-2000
(Address, including zip code, and telephone number, including area code, of registrants principal executive offices)
Michael J. Doss
Chief Executive Officer
777 Main Street, Suite 2900
Fort Worth, Texas 76102
(817) 862-2000
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
Charles T. Haag |
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Edward B. Winslow |
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Merritt S. Johnson |
Approximate date of commencement of proposed sale to the public:
As soon as practicable after the effective date of this registration statement.
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 check the following box: o
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) 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. o
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. o
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. x File No. 333-215998
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 Securities Exchange Act of 1934. (Check one):
Large accelerated filer |
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Accelerated filer |
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Non-accelerated filer |
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(Do not check if a smaller reporting company) |
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Smaller reporting company |
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Emerging growth company |
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x |
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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. x
Explanatory Note
This Post-Effective Amendment No. 1 to Form S-1 Registration Statement (File No. 333-215998) is filed pursuant to Rule 462(d) solely to add exhibits not previously filed with respect to such Registration Statement.
Part II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item 16. Exhibits and financial statement schedules
(a) Exhibits
The exhibits and financial statement schedules filed as part of this registration statement are as follows:
10.8*** |
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Letter Agreement, dated as of March 29, 2017, between FTS International, Inc. and Jennifer L. Keefe |
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10.9*** |
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10.10 *** |
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Form of Restricted Stock Unit Agreement (Stock Settled) under the 2014 Long-Term Incentive Plan |
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10.11 *** |
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10.12 *** |
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10.13 *** |
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10.14 *** |
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10.15 *** |
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10.16 *** |
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10.17 *** |
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10.18 *** |
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10.19 *** |
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10.20 *** |
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10.21 *** |
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10.22 *** |
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10.23 *** |
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10.24 *** |
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FTS International, Inc. 2017 Equity and Incentive Compensation Plan |
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10.25 *** |
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Form of Restricted Stock Unit Agreement under the 2018 Equity and Incentive Compensation Plan |
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10.26 *** |
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10.27 *** |
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10.28 *** |
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10.29 *** |
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Letter Agreement, dated as of June 15, 2017, between FTS International, Inc. and Karen D. Thornton |
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10.30 *** |
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Letter Agreement, dated as of June 15, 2017, between FTS International, Inc. and Jennifer L. Keefe |
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16.1 *** |
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Letter from Ernst & Young LLP, dated February 10, 2017, regarding changes in accountant |
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21.1 *** |
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23.1 *** |
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23.2 * |
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Consent of Jones Day (included as part of Exhibit 5.1 hereto) |
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24.1 *** |
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99.1*** |
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* Filed herewith
** To be filed by amendment
*** Previously filed
Management contract, compensatory plan or arrangement
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this Registration Statement on Form S-1 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Fort Worth, State of Texas, on February 6, 2018.
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FTS INTERNATIONAL, INC. | |
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By: |
/s/ MICHAEL J. DOSS |
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Name: |
Michael J. Doss |
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Title: |
Chief Executive Officer |
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement on Form S-1 has been signed by the following persons in the capacities indicated on February 6, 2018. This document may be executed by the signatories hereto on any number of counterparts, all of which constitute one and the same instrument.
Signature |
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Title | |
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/s/ MICHAEL J. DOSS |
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Chief Executive Officer and Director | |
Michael J. Doss |
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(principal executive officer) | |
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Chief Financial Officer and Treasurer | |
Lance Turner |
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(principal financial officer and accounting officer) | |
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Chairman | |
Goh Yong Siang |
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Director | |
Domenic J. DellOsso, Jr. |
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Director | |
Bryan J. Lemmerman |
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Director | |
Ong Tiong Sin |
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Director | |
Boon Sim |
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Director | |
Carol J. Johnson |
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*By: |
/s/ MICHAEL J. DOSS |
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Michael J. Doss, as Attorney-in-Fact |
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INDEX TO EXHIBITS
10.11 *** |
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10.12 *** |
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10.13 *** |
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10.14 *** |
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10.15 *** |
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10.16 *** |
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10.17 *** |
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10.18 *** |
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10.19 *** |
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10.20 *** |
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10.21 *** |
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10.22 *** |
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10.23 *** |
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10.24 *** |
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FTS International, Inc. 2017 Equity and Incentive Compensation Plan |
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10.25 *** |
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Form of Restricted Stock Unit Agreement under the 2018 Equity and Incentive Compensation Plan |
10.26 *** |
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10.27 *** |
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10.28 *** |
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10.29 *** |
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Letter Agreement, dated as of June 15, 2017, between FTS International, Inc. and Karen D. Thornton |
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10.30 *** |
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Letter Agreement, dated as of June 15, 2017, between FTS International, Inc. and Jennifer L. Keefe |
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16.1 *** |
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Letter from Ernst & Young LLP, dated February 10, 2017, regarding changes in accountant |
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21.1 *** |
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23.1 *** |
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23.2 * |
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Consent of Jones Day (included as part of Exhibit 5.1 hereto) |
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24.1 *** |
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99.1*** |
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* Filed herewith
** To be filed by amendment
*** Previously filed
Management contract, compensatory plan or arrangement
February 6, 2018
FTS International, Inc.
777 Main Street, Suite 2900
Fort Worth, Texas 76102
Re: Registration Statement on Form S-1, as amended (No. 333-215998)
Relating to the Initial Public Offering of up to
22,425,000 shares of Common Stock of FTS International, Inc.
Ladies and Gentlemen:
We are acting as counsel for FTS International, Inc., a Delaware corporation (the Company), in connection with the initial public offering and sale of (i) up to 18,076,516 shares (the Primary Shares) of the Companys common stock, par value $0.01 per share (the Common Stock), by the Company and (ii) up to 4,348,484 shares (the Secondary Shares and, together with the Primary Shares, the Shares) of Common Stock by the stockholder of the Company named in the Registration Statement on Form S-1, as amended (No. 333-215998) (the Registration Statement) (the Selling Stockholder), pursuant to the Underwriting Agreement (the Underwriting Agreement) dated February 1, 2018, entered into by and among the Company, the Selling Stockholder, and Credit Suisse Securities (USA), LLC and Morgan Stanley & Co. LLC, acting as the representatives of the several underwriters to be named in Schedule A to the Underwriting Agreement.
In connection with the opinions expressed herein, we have examined such documents, records and matters of law as we have deemed relevant or necessary for purposes of such opinions. Based on the foregoing and subject to the further limitations, qualifications and assumptions set forth herein, we are of the opinion that:
1. The Primary Shares, when issued and delivered pursuant to the Underwriting Agreement against payment of the consideration therefor, as provided in the Underwriting Agreement, will be validly issued, fully paid and nonassessable.
2. The Secondary Shares are validly issued, fully paid and nonassessable.
The opinions expressed herein are limited to the General Corporation Law of the State of Delaware, as currently in effect, and we express no opinion as to the effect of the laws of any other jurisdiction.
We hereby consent to the filing of this opinion as Exhibit 5.1 to the Registration Statement and to the reference to our Firm under the caption Legal Matters in the prospectus constituting a part of the Registration Statement. In giving such consent, we do not thereby admit that we are included in the category of persons whose consent is required under Section 7 of the Securities Act of 1933 or the rules and regulations of the Securities and Exchange Commission promulgated thereunder.
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Very truly yours, |
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/s/ Jones Day |