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    SEC Form S-8 filed by Alibaba Group Holding Limited

    5/19/25 6:05:36 AM ET
    $BABA
    Business Services
    Consumer Discretionary
    Get the next $BABA alert in real time by email
    S-8 1 tm2515071d1_s8.htm FORM S-8

    As Filed with the Securities and Exchange Commission on May 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

     

     

    Alibaba Group Holding Limited

    (Exact name of registrant as specified in its charter)

     

     

    Cayman Islands   Not Applicable

    (State or other jurisdiction of

    incorporation or organization)

     

    (I.R.S. Employer

    Identification No.)

         

    26/F Tower One, Times Square

    1 Matheson Street

    Causeway Bay

    Hong Kong

    +852-2215-5100

    (Address of registrant’s principal executive offices)

     

     

    2024 Equity Incentive Plan

    2024 Equity Incentive Plan (Existing Shares)

    (Full title of the plan)

     

     

    Corporation Service Company

    19 West 44th Street, Suite 200

    New York, New York 10036

    (800) 927-9800

    (Name, address and telephone number of agent for service)

     

     

    Copies to:

     

    Toby Hong Xu, Chief Financial Officer Daniel Fertig, Esq.
    Alibaba Group Holding Limited Simpson Thacher & Bartlett LLP
    26/F Tower One, Times Square c/o 35th Floor, ICBC Tower
    1 Matheson Street, Causeway Bay 3 Garden Road Central
    Hong Kong Hong Kong
    +852-2215-5100 +852-2514-7600

     

    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 x 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. ¨

     

     

     

     

    PART I

     

    INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

     

    The information specified in Item 1 and Item 2 of Part I of Form S-8 is omitted from this Registration Statement on Form S-8 (the “Registration Statement”) in accordance with the provisions of Rule 428 under the Securities Act of 1933, as amended (the “Securities Act”), and the introductory note to Part I of Form S-8. In accordance with the rules and regulations of the Securities and Exchange Commission (the “Commission”) and the instructions to Form S-8, such documents are not being filed with the Commission either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424. The documents containing the information specified in Part I of Form S-8 will be delivered to the participants in the equity incentive plan covered by this Registration Statement as specified by Rule 428(b)(1) under the Securities Act.

     

    PART II

     

    INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

     

    ITEM 3. Incorporation of Documents by Reference

     

    The following documents filed by the Registrant with the Commission are incorporated by reference herein:

     

    a.The Registrant’s annual report on Form 20-F filed with the Commission on May 23, 2024, which includes audited financial statements for the fiscal year ended March 31, 2024; and

     

    b.The description of the Registrant’s Ordinary Shares contained in its Registration Statement on Form 8-A (Registration No. 001-36614) filed with the Commission on September 8, 2014 pursuant to Section 12 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which incorporates by reference the description of the Registrant’s Ordinary Shares set forth in the Registrant’s Registration Statement on Form F-1 (Registration No. 333-195736), as amended, originally filed with the Commission on May 6, 2014, including any amendments or reports filed for the purpose of updating such description.

     

    All documents filed pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act after the date of this Registration Statement and prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such 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 other subsequently filed document which also is or 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 4. Description of Securities

     

    Not applicable.

     

    ITEM 5. Interests of Named Experts and Counsel

     

    Not applicable.

     

    1 

     

     

    ITEM 6. Indemnification of Directors and Officers

     

    The Companies Act (As Revised) of the Cayman Islands does not limit the extent to which a company’s articles of association may provide for indemnification of officers and directors, except to the extent any such provision may be held by the Cayman Islands courts to be contrary to public policy, such as to provide indemnification against civil fraud or the consequences of committing a crime. The Registrant’s amended and restated memorandum and articles of association provide that each director or officer of the Registrant shall be indemnified against all actions, proceedings, costs, charges, expenses, losses, damages or liabilities incurred or sustained by such director or officer, other than by reason of such person’s own dishonesty, willful default or fraud, in or about the conduct of the Registrant’s business or affairs (including as a result of any mistake of judgment) or in the execution or discharge of his duties, powers, authorities or discretions, including without prejudice to the generality of the foregoing, any costs, expenses, losses or liabilities incurred by such person in defending (whether successfully or otherwise) any civil proceedings concerning the Registrant or its affairs in any court whether in the Cayman Islands or elsewhere.

     

    In addition, the Registrant has entered, and intends to continue to enter into, indemnification agreements, substantially in the form filed as Exhibit 4.1 to the Registrant’s annual report on Form 20-F for the fiscal year ended March 31, 2024, filed with the Commission on May 23, 2024, with its directors and executive officers to indemnify such persons in connection with claims made by reason of their being such a director or executive officer.

     

    The Registrant currently carries liability insurance for its directors and executive officers.

     

    ITEM 7. Exemption from Registration Claimed

     

    Not applicable.

     

    ITEM 8. Exhibits

     

    The Exhibits listed on the accompanying Exhibit Index are filed as a part of, or incorporated by reference into, this Registration Statement. (See Exhibit Index below).

     

    ITEM 9. Undertakings

     

    a.The undersigned Registrant hereby undertakes:

     

    (1)To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement;

     

    i.to include any prospectus required by Section 10(a)(3) of the Securities Act;

     

    ii.to reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement; and

     

    iii.to include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement or any material change to such information in this Registration Statement;

     

    provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or 15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.

     

    2 

     

     

    (2)That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

     

    (3)To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

     

    b.The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant’s annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

     

    c.Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act, and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

     

    3 

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Act, 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 Hong Kong, on May 19, 2025.

     

      Alibaba Group Holding Limited
       
      By: /s/ Kevin Jinwei ZHANG
      Name: Kevin Jinwei ZHANG
      Title: Company Secretary

     

    4 

     

     

    POWER OF ATTORNEY

     

    KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below does hereby constitute and appoint Eddie Yongming Wu, Joseph C. Tsai, Toby Hong Xu and Sara Siying Yu, and each of them, as his or her true and lawful attorneys-in-fact and agents, each with the full power of substitution and re-substitution, for and in such person’s name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement 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 and about the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their or his substitutes, may lawfully do or cause to be done by virtue hereof.

     

    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 indicated and on May 19, 2025.

     

    Signature Capacity

     

    /s/ Eddie Yongming WU 

    Eddie Yongming WU

    Director and Chief Executive Officer
    (Principal Executive Officer)

     

    /s/ Joseph C. TSAI 

    Joseph C. TSAI

    Chairman

     

    /s/ J. Michael EVANS 

    J. Michael EVANS

    Director and President

     

    /s/ Maggie Wei WU 

    Maggie Wei WU

    Director

     

    /s/ Jerry YANG 

    Jerry YANG

    Independent Director

     

    /s/ Wan Ling MARTELLO 

    Wan Ling MARTELLO

    Independent Director

     

    /s/ Weijian SHAN 

    Weijian SHAN

    Independent Director

     

    /s/ Irene Yun-Lien LEE 

    Irene Yun-Lien LEE

    Independent Director

     

    /s/ Albert Kong Ping NG 

    Albert Kong Ping NG

    Independent Director

     

    /s/ Kabir MISRA 

    Kabir MISRA

    Independent Director

     

    /s/ Toby Hong XU 

    Toby Hong XU

    Chief Financial Officer

    (Principal Financial and Accounting Officer)

     

    5 

     

     

    SIGNATURE OF AUTHORIZED REPRESENTATIVE IN THE UNITED STATES

     

    Pursuant to the Securities Act of 1933, as amended, the undersigned, the duly authorized representative in the United States of Alibaba Group Holding Limited has signed this registration statement or amendment thereto in the city of Newark, State of Delaware, on May 19, 2025.

     

      PUGLISI & ASSOCIATES
       
      By: /s/ Donald J. Puglisi                    
      Name: Donald J. Puglisi
      Title: Managing Director

     

    6 

     

     

    EXHIBIT INDEX

     

    EXHIBIT
    NUMBER
      DESCRIPTION
    4.1   Amended and Restated Memorandum and Articles of Association of the Registrant as currently in effect (incorporated by reference to Exhibit 3.1 to the current report on Form 6-K (File No. 001-36614) furnished to the Securities and Exchange Commission on August 22, 2024)
         
    5.1*   Opinion of Maples and Calder (Hong Kong) LLP
         
    10.1   2024 Equity Incentive Plan (incorporated herein by reference to Exhibit 10.1 to the Registration Statement on Form S-8 (Registration No. 333-283290), filed with the Securities and Exchange Commission on November 18, 2024)
         
    10.2*   2024 Equity Incentive Plan (Existing Shares)
         
    23.1*   Consent of Maples and Calder (Hong Kong) LLP (included in Exhibit 5.1)
         
    23.2*   Consent of PricewaterhouseCoopers Zhong Tian LLP — Independent Registered Public Accounting Firm
         
    23.3*   Consent of PricewaterhouseCoopers — Independent Registered Public Accounting Firm
         
    24.1*   Powers of Attorney (included on the signature page in Part II of this Registration Statement)
         
    107*   Filing Fee Table

     

    *Filed herewith

     

    7 

     

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