As filed with the Securities and Exchange
Commission on August 7, 2019
Registration Statement File No
.
333-222725
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Post-Effective
Amendment No. 1 to Form S-3 Registration Statement No.
333-222725
Under
the
Securities Act of 1933
THESTREET,
INC.
(Exact name of Registrant as specified
in its charter)
Delaware
|
|
06-1515824
|
(State or other jurisdiction of incorporation or organization)
|
|
(I.R.S. Employer Identification No.)
|
|
|
|
14 Wall Street, 15th Floor
New York, New York
|
|
10005
|
(Address of principal executive offices)
|
|
(Zip code)
|
James C. Heckman
Chief Executive Officer
TheStreet, Inc.
14 Wall Street, 15th Floor
New York, New York 10005
(Name, address, including zip code,
and telephone number, including area code, of agent for service)
Copy to
:
Andrew D. Hudders, Esq.
Golenbock Eiseman Assor Bell & Peskoe,
LLP
711 Third Avenue
New York, New York 10017
(212) 907-7300
Approximate date of commencement of
proposed sale to the public:
Not applicable.
If the only securities being registered
on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box.
☐
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, other than
securities offered only in connection with dividend or interest reinvestment plans, 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.
☐
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 registration statement
pursuant to General Instruction I.D. or a post-effective amendment thereto that shall become effective upon filing with the Commission
pursuant to Rule 462(e) under the Securities Act, check the following box.
☐
If this Form is a post-effective amendment
to a registration statement filed pursuant to General Instruction I.D. filed to register additional securities or additional classes
of securities pursuant to Rule 413(b) under the Securities Act, check the following box.
☐
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.
☐
DEREGISTRATION OF SECURITIES
This Post-Effective Amendment relates to
the Registration Statement on Form S-3 (File No. 333-222725), filed on January 26, 2018 (the “
Registration Statement
”)
by TheStreet, Inc., a Delaware corporation (the “
Company
”), registering 13,136,363 shares of the Company’s
common stock, par value $0.01 per share (the “
Common Stock
”). The aforementioned number of shares does not take
into account corporate actions, such as stock splits, taken in the interim.
On August 7, 2019, pursuant to the Agreement
and Plan of Merger, dated as of June 11, 2019, as amended by Amendment No. 1 to the Agreement and Plan of Merger, dated as of July
12, 2019, (the “
Merger Agreement
”), by and among the Company, TheMaven, Inc. a Delaware corporation (“
Maven
”),
and TST Acquisition Co., Inc. a Delaware corporation and indirect wholly owned subsidiary of Maven (“
Merger Sub
”),
Merger Sub merged with and into the Company, with the Company continuing as the surviving corporation and an indirect wholly-owned
subsidiary of Maven.
Pursuant to the Merger and subject to the
terms of the Merger Agreement, each share of Common Stock of the Company issued and outstanding immediately prior to the Merger
(other than shares held by the Company, Maven or Merger Sub and shares with respect to which appraisal rights have been properly
exercised in accordance with the General Corporation Law of the State of Delaware) were cancelled and converted into the right
to receive, (i) an amount in cash equal to $3.09183364 per share of Company Common Stock, par value $0.01 per share, and (ii) one
contractual contingent value right per share of Company Common Stock.
As a result of the Merger, the Company
has terminated the offerings of the Company’s securities pursuant to the Registration Statement. In accordance with undertakings
made by the Company in Part II of the Registration Statement to remove from registration, by means of a post-effective amendment,
any securities that were registered for issuance but remain unsold at the termination of the offering, the Company hereby removes
and withdraws from registration all of such securities of the Company registered but unsold under the Registration Statement as
of the date hereof. The Registration Statement is hereby amended, as appropriate, to reflect the deregistration of all such securities.
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 this Post-Effective Amendment to the Registration Statement on Form S-3 and has duly caused this Post-Effective Amendment
to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, in the State of New York, on
August 7, 2019.
|
THESTREET, INC.
|
|
|
|
|
By:
|
/s/ James C. Heckman
|
|
Name:
|
James C. Heckman
|
|
Title:
|
Chief Executive Officer
|
Pursuant to the requirements
of the Securities Act of 1933, this Post-Effective Amendment to the Registration Statement on Form S-3 has been signed by the following
person in the capacity and on the date indicated.
Signatures
|
|
Capacity
|
|
Date
|
|
|
|
/s/ James C. Heckman
|
|
Chief Executive Officer and Director
(Principal Executive Officer)
|
|
August 7, 2019
|
James C. Heckman
|
|
|
|
|
|
/s/ Douglas Smith
|
|
Chief Financial Officer
(Principal Financial and Accounting Officer)
|
|
August 7, 2019
|
Douglas Smith
|
|
|
TheStreet (NASDAQ:TST)
Historical Stock Chart
From Nov 2024 to Dec 2024
TheStreet (NASDAQ:TST)
Historical Stock Chart
From Dec 2023 to Dec 2024