S-1MEF 1 d263540ds1mef.htm S-1MEF S-1MEF

As filed with the Securities and Exchange Commission on November 17, 2021

Registration No. 333-    

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM S-1

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

Sweetgreen, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware
   5812
   27-1159215

(State or other jurisdiction

of incorporation or organization)

   (Primary Standard Industrial
Classification Code Number)		   (I.R.S. Employer
Identification Number)

3101 W. Exposition Blvd.

Los Angeles, CA 90018

(323) 990-7040

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

 

 

Jonathan Neman

Chief Executive Officer

Sweetgreen, Inc.

3101 W. Exposition Boulevard

Los Angeles, CA 90018

(323) 990-7040

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

 

 

Copies to:

Nick Hobson

David Peinsipp

Siana Lowrey

Charles S. Kim

Julia R. Boesch

Cooley LLP

1333 2nd Street, Suite 400

Santa Monica, CA 90401

(310) 883-6400

  

Nicolas Jammet

Nathaniel Ru

Mitch Reback

Andrew Glickman

Sweetgreen, Inc.

3101 W. Exposition Blvd.

Los Angeles, CA 90018

(323) 990-7040

  

Michael Benjamin

Richard A. Kline

Latham & Watkins LLP

885 Third Avenue

New York, NY 10022

(212) 906-1200

 

 

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 of 1933, 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. ☒ (File No. 333-260472)

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, 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   ☐    Smaller reporting company   ☐
Non-accelerated filer   ☒    Accelerated filer   ☐
     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

  

Amount

to be
Registered(1)

  

Proposed

Maximum
Offering Price
Per Share(2)(3)

  

Proposed

Maximum
Aggregate
Offering Price(3)

   Amount of
Registration Fee(3)

Class A common stock, $0.001 par value per share

   575,000   $28.00   $16,100,000   $1,493

 

 

(1)

Represents only the number of shares being registered pursuant to this Registration Statement, which includes 75,000 shares that the underwriters have the option to purchase, and are in addition to the 14,375,000 shares that were registered pursuant to the Registrant’s Registration Statement on Form S-1 (File No. 333-260472), which included 1,875,000 shares that the underwriters have the option to purchase.

(2)

Based on the public offering price.

(3)

The registration fee is calculated in accordance with Rule 457(a) under the Securities Act of 1933, as amended, based on the proposed maximum aggregate offering price. The registrant previously registered securities at an aggregate offering price not to exceed $359,375,000 on a Registration Statement on Form S-1 (File No. 333-260472), which was declared effective by the Securities and Exchange Commission on November 17, 2021. In accordance with Rule 462(b) under the Securities Act, an additional amount of securities having a proposed maximum aggregate offering price of 16,100,000 is hereby registered, which includes shares issuable upon the exercise of the underwriters’ option to purchase additional shares.

 

 

The Registration Statement shall become effective upon filing in accordance with Rule 462(b) promulgated under the Securities Act of 1933, as amended.

 

 

 

EXPLANATORY NOTE AND

INCORPORATION OF CERTAIN INFORMATION BY REFERENCE

This Registration Statement (the “Registration Statement”) is being filed with the Securities and Exchange Commission (the “Commission”) with respect to the registration of additional Class A common stock, par value $0.001 per share (“Class A Common Stock”), of Sweetgreen, Inc. (the “Registrant”), pursuant to Rule 462(b) under the Securities Act of 1933, as amended (the “Securities Act”). This Registration Statement incorporates by reference the contents of, including all amendments and exhibits thereto, the Registration Statement on Form S-1, as amended (File No. 333-260472) (the “Prior Registration Statement”), which the Commission declared effective on November 17, 2021, and is being filed solely for the purpose of increasing the number of shares to be offered in the public offering by 575,000 shares of Class A Common Stock, including 75,000 shares of Class A Common Stock that may be sold pursuant to the underwriters’ option to purchase additional shares. The additional shares of Class A Common Stock that are being registered for sale are in an amount and at a price that together represent no more than 20% of the maximum aggregate offering price set forth in the Calculation of Registration Fee table contained in the Prior Registration Statement.

The required opinion and consents are listed on the Exhibit Index attached hereto and filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Los Angeles, California, on November 17, 2021.

 

SWEETGREEN, INC.
By:  

/s/ Jonathan Neman

  Jonathan Neman
  Chief Executive Officer

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

 

Signature

   

Title

   

Date

/s/ Jonathan Neman

Jonathan Neman

   

Chief Executive Officer and Director

(Principal Executive Officer)

    November 17, 2021

*

Nicolas Jammet

    Chief Concept Officer and Director    November 17, 2021

*

Nathaniel Ru

    Chief Brand Officer and Director    November 17, 2021

/s/ Mitch Reback

Mitch Reback

   

Chief Financial Officer

(Principal Financial Officer and Principal Accounting Officer)

    November 17, 2021

*

Neil Blumenthal

    Director    November 17, 2021

*

Julie Bornstein

    Director    November 17, 2021

*

Cliff Burrows

    Director    November 17, 2021

*

Stephen M. Case

    Director    November 17, 2021

*

Valerie Jarrett

    Director    November 17, 2021

*

Youngme Moon

    Director    November 17, 2021

*

Bradley Singer

    Director    November 17, 2021

 

*By:  

/s/ Mitch Reback

 

Mitch Reback

Attorney-in-fact

 

II-2