S-8 POS 1 zk2228814.htm S-8 POS


Registration Nos. 333-257848
333-238502
333-231678
333-213284
333-111437
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
POST-EFFECTIVE AMENDMENT NO. 1 TO:
 
Form S-8 - Registration Statement No. 333-257848
Form S-8 - Registration Statement No. 333-238502
Form S-8 - Registration Statement No. 333-231678
Form S-8 - Registration Statement No. 333-213284
Form S-8 - Registration Statement No. 333-111437

REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
 

 
RADA ELECTRONIC INDUSTRIES LIMITED
(Exact name of registrant as specified in its charter)
 

State of Israel
Not Applicable
(State or Other Jurisdiction of
Incorporation or Organization)
(I.R.S. Employer
Identification Number)

7 Giborei Israel Street
Netanya 4250407, Israel
Tel: 972-9-892-1111
(Address, including zip code, and telephone number, including area code, of Registrant’s principal executive offices)

RADA Electronic Industries Ltd. 2015 Share Option Plan
RADA Electronic Industries Ltd. 2003 Employee Stock Option Plan
(Full Title of the Plan)


RADA Sensors Inc.
20501 Seneca Meadows Parkway,
Suite 105,
Germantown, MD 20876
(Name, address, including zip code, and telephone number, including area code, of agent for service)
 
Copies to:
 
Christopher P. Giordano
Jon Venick
DLA Piper LLP (US)
1251 Avenue of the Americas, 27th Floor
New York, New York 10020
Tel: (212) 335-4500
Sarit Molcho
Odeya Brick-Zarsky
S. Friedman, Abramson & Co., Law Offices
Azrieli Town
146 Menachem Begin Road
Tel Aviv 6492103
Israel
Tel: (972) 3-693-1931
 
 
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, as amended (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. ☐
 
 


DEREGISTRATION OF SECURITIES
 
This Post-Effective Amendment to each of the following registration statements of RADA Electronic Industries Ltd., a company organized under the laws of the State of Israel (the “Registrant”), on Form S-8 (including the reoffer prospectus contained therein) (collectively, the “Registration Statements”) filed by the Registrant with the U.S. Securities and Exchange Commission (“SEC”), is being filed by the Registrant to terminate all offerings under the Registration Statements and to deregister any and all Ordinary Shares, par value NIS 0.03 per share (the “Ordinary Shares”), of the Registrant offered under certain employee benefit and equity plans and agreements:
 
File No.
 
Date Filed
with the SEC
 
Name of Equity Plan or Agreement
333-257848
 
July 12, 2021
 
2015 Share Option Plan
333-238502
 
May 19, 2020
 
2015 Share Option Plan
333-231678
 
May 22, 2019
 
2015 Share Option Plan
333-213284
 
August 24, 2016
 
2015 Share Option Plan
333-111437
 
December 22, 2003
 
2003 Employee Stock Option Plan
 
On November 28, 2022, pursuant to the Agreement and Plan of Merger, dated as of June 21, 2022 and as amended, supplemented or otherwise modified from time to time (the “Merger Agreement”), by and among Leonardo DRS, Inc., a Delaware corporation (“DRS”), the Registrant and Blackstart Ltd, a company organized under the laws of the State of Israel and a wholly owned subsidiary of DRS (“Merger Sub”), Merger Sub merged with and into the Company, with the Registrant continuing as the surviving company in the merger and a wholly owned subsidiary of DRS (the “Merger”).
 
As a result of the consummation of the Merger and the other transactions contemplated by the Merger Agreement, the Registrant is terminating any and all offers and sales of its securities registered pursuant to its existing registration statements under the Securities Act of 1933, as amended, including the Registration Statements. In accordance with undertakings made by the Registrant pursuant to Item 512(a)(3) of Regulation S-K to remove from registration, by means of a post-effective amendment, any of the securities that remain unsold at the termination of the offerings, the Registrant hereby removes from registration any and all securities registered but unsold under the Registration Statements as of the date hereof. Each Registration Statement is hereby amended, as appropriate, to reflect the deregistration of all such securities.
 

 
EXHIBITS
 
The following exhibits are incorporated herein by reference:
 
Number
 
Description
     

Power of attorney (included on the signature pages of this registration statement).
 
* 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 the Post-Effective Amendments to the Registration Statements described above to be signed on its behalf by the undersigned, thereunto duly authorized, in Netanya, state of Israel, on this 24 day of November, 2022.
 
 
RADA ELECTRONIC INDUSTRIES LTD.
 
       
 
By:
 
/s/ Avi Israel
 
 
Name:
 
Avi Israel
 
 
Title:
 
Chief Financial Officer
 
 

POWER OF ATTORNEY AND SIGNATURES
 
We, the undersigned officers and directors of RADA Electronic Industries Ltd hereby constitute and appoint Avi Israel and Dov Sella, and each of them singly (with full power to each of them to act alone), our true and lawful attorneys with full power of substitution and resubstitution in each of them for him and in his name, place and stead, and in any and all capacities, to sign for us and in our names in the capacities indicated below, this Post-Effective Amendment to the Registration Statements on Form S-8 and any and all subsequent amendments to the Registration Statements, and generally to do all such things in our names and on our behalf in our capacities as officers and directors to enable RADA Electronic Industries Ltd to comply with the provisions of the Securities Act of 1933, as amended, and all requirements of the Securities and Exchange Commission, hereby ratifying and confirming our signatures as they may be signed by our said attorney, or any of them, to said registration statement and any and all amendments thereto.
 
Pursuant to the requirements of the Securities Act of 1933, as amended, this Post-Effective Amendment to the Registration Statements on Form S-8 has been signed by the following persons in the capacities and on the dates indicated.
 
       
Signature
 
Title
 
Date
     
/s/ Dov Sella
 
Chief Executive Officer (Principal Executive Officer)
 
November 24, 2022
Dov Sella
     
         
/s/ Avi Israel
 
Chief Financial Officer (Principal Financial  and Accounting Officer)
 
November 24, 2022
Avi Israel
     
         
/s/ Yossi Ben Shalom
 
Executive Chairman
 
November 24, 2022
Yossi Ben Shalom
   
 
 
         
/s/ Chaim Gofen
 
 
Director
 
November 24, 2022
Chaim Gofen
 
 
     
/s/ Ofra Brown
 
 
Director
 
November 24, 2022
Ofra Brown
 
 
         
/s/ Joseph Weiss
 
 
Director
 
November 24, 2022
Joseph Weiss
 
 
         
/s/ Alon Dumanis
 
Director
 
November 24, 2022
Alon Dumanis
 
 
 
 
         
/s/ Guy Zur
 
Director
 
November 24, 2022
Guy Zur
   



SIGNATURE OF AUTHORIZED U.S. REPRESENTATIVE
 
Pursuant to the Securities Act of 1933, as amended, the undersigned, the duly authorized representative in the United States of RADA Electronic Industries Ltd, has signed this Post-Effective Amendment to the Registration Statements on Form S-8 on this 24 day of November, 2022.
 
 
RADA SENSORS INC.

By: /s/ Max Cohen
Name:  Max Cohen
Title: Chief Executive Officer