As filed with the Securities and Exchange Commission on February 19, 2025.
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
ACV Auctions Inc.
(Exact name of Registrant as specified in its charter)
| Delaware | 47-2415221 | |||||||||||||
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification Number) | |||||||||||||
640 Ellicott Street, #321
Buffalo, New York 14203
(800) 553-4070
(Address of principal executive offices) (Zip code)
ACV Auctions Inc. 2021 Equity Incentive Plan
ACV Auctions Inc. 2021 Employee Stock Purchase Plan
(Full titles of the plans)
George Chamoun
Chief Executive Officer
ACV Auctions Inc.
640 Ellicott Street, #321
Buffalo, New York 14203
(800) 553-4070
(Name, address and telephone number, including area code, of agent for service)
Copies to: | |||||||||||
William Zerella Chief Financial Officer ACV Auctions Inc. 640 Ellicott Street, #321 Buffalo, New York 14203 (800) 553-4070 | |||||||||||
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 Non-accelerated filer | 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 pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
REGISTRATION OF ADDITIONAL SHARES
PURSUANT TO GENERAL INSTRUCTION E
PURSUANT TO GENERAL INSTRUCTION E
Pursuant to General Instruction E of Form S-8, ACV Auctions Inc. (the “Registrant”) is filing this Registration Statement with the Securities and Exchange Commission (the “Commission”) to register (i) 8,401,092 additional shares of its Class A common stock under the ACV Auctions Inc. 2021 Equity Incentive Plan (the “2021 Plan”), pursuant to the provisions of the 2021 Plan providing for an automatic increase in the number of shares Class A common stock reserved and available for issuance under the 2021 Plan on January 1, 2025 and (ii) 1,680,218 additional shares of its Class A common stock under the 2021 Employee Stock Purchase Plan (the “2021 ESPP”), pursuant to the provisions of the 2021 ESPP providing for an automatic increase in the number of shares of Class A common stock reserved and available for issuance under the 2021 ESPP on January 1, 2025. In accordance with the instructional note to Part I of Form S-8 as promulgated by the Commission, the information specified by Part I of Form S-8 has been omitted from this Registration Statement.
PART II
ITEM 3. INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE
The following documents filed by the Registrant with the Commission are incorporated by reference into this Registration Statement:
(a) The contents of the Registrant’s Registration Statement on Form S-8 (File No 333-277231), filed with the Commission on February 21, 2024, on March 1, 2023 (File No 333-270179), on February 23, 2022 (File No 333-262933), and April 16, 2021 (File No 333-255309).
(b) The Registrant’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the Commission on February 19, 2025.
(c) The description of the Registrant’s Class A common stock which is contained in) Exhibit 4.2 to the Registrant’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the Commission on February 19, 2025 including any amendment or report filed for the purpose of updating such description.
(d) All other reports and documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended (other than Current Reports furnished under Item 2.02 or Item 7.01 of Form 8-K and exhibits furnished on such form that relate to such items) on or after the date of this Registration Statement and prior to the filing of a post-effective amendment to this Registration Statement which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part of this Registration Statement from the date of the filing of such reports and documents. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document that also is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
ITEM 8. EXHIBITS
| Incorporated by Reference | |||||||||||||||||||||||||||||||||||||||||||||||
| Exhibit Number | Description | Schedule Form | File Number | Exhibit | Filing Date | ||||||||||||||||||||||||||||||||||||||||||
| 4.1 | 8-K | 001-40256 | 3.1 | March 26, 2021 | |||||||||||||||||||||||||||||||||||||||||||
| 4.2 | 8-K | 001-40256 | 3.1 | July 29, 2024 | |||||||||||||||||||||||||||||||||||||||||||
| 4.3 | S-1/A | 333-253617 | 4.1 | March 15, 2021 | |||||||||||||||||||||||||||||||||||||||||||
| 5.1* | |||||||||||||||||||||||||||||||||||||||||||||||
| 23.1* | |||||||||||||||||||||||||||||||||||||||||||||||
| 23.2* | |||||||||||||||||||||||||||||||||||||||||||||||
| 24.1 | |||||||||||||||||||||||||||||||||||||||||||||||
| 99.1 | S-1/A | 333-253617 | 10.3 | March 15, 2021 | |||||||||||||||||||||||||||||||||||||||||||
| 99.2 | S-1/A | 333-253617 | 10.4 | March 15, 2021 | |||||||||||||||||||||||||||||||||||||||||||
| 107* | |||||||||||||||||||||||||||||||||||||||||||||||
| ____________ | |||||||||||||||||||||||||||||||||||||||||||||||
| * | 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 this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Buffalo, State of New York, on this 19th day of February, 2025.
| ACV AUCTIONS INC. | |||||
| By: | /s/ George Chamoun | ||||
| Name: | George Chamoun | ||||
| Title: | Chief Executive Officer | ||||
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and George Chamoun and William Zerella, each of them, as his or her true and lawful attorneys-in-fact and agents, each with the full power of substitution, for him or her and in their name, place or stead, in any and all capacities, to sign any and all amendments to this Registration Statement (including post-effective amendments), and to sign any registration statement for the same offering covered by this Registration Statement that is to be effective upon filing pursuant to Rule 462(b) promulgated under the Securities Act, and all post-effective amendments thereto, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any of them, or his, her or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
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 dates indicated.
| Name | Title | Date | ||||||||||||
| /s/ George Chamoun | Chief Executive Officer and Director | February 19, 2025 | ||||||||||||
| George Chamoun | (Principal Executive Officer) | |||||||||||||
| /s/ William Zerella | Chief Financial Officer | February 19, 2025 | ||||||||||||
| William Zerella | (Principal Financial Officer) | |||||||||||||
/s/ Andrew Peer | Chief Accounting Officer | February 19, 2025 | ||||||||||||
Andrew Peer | (Principal Accounting Officer) | |||||||||||||
| /s/ Kirsten Castillo | Director | February 19, 2025 | ||||||||||||
| Kirsten Castillo | ||||||||||||||
| /s/ Robert P. Goodman | Director | February 19, 2025 | ||||||||||||
| Robert P. Goodman | ||||||||||||||
| /s/ Brian Hirsch | Director | February 19, 2025 | ||||||||||||
| Brian Hirsch | ||||||||||||||
| /s/ René F. Jones | Director | February 19, 2025 | ||||||||||||
| René F. Jones | ||||||||||||||
| /s/ Eileen A. Kamerick | Director | February 19, 2025 | ||||||||||||
| Eileen A. Kamerick | ||||||||||||||
| /s/ Brian Radecki | Director | February 19, 2025 | ||||||||||||
| Brian Radecki | ||||||||||||||