• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form S-8 POS filed by DAVIDsTEA Inc.

    3/27/23 8:55:34 AM ET
    $DTEA
    Get the next $DTEA alert in real time by email
    S-8 POS 1 dtea_s8pos.htm S-8 POS dtea_s8pos.htm

    As filed with the Securities and Exchange Commission on March 27, 2023

     

    Registration No. 333-205058

    Registration No. 333-239268

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    POST-EFFECTIVE AMENDMENT NO. 1 TO:

    FORM S-8 REGISTRATION STATEMENT No. 333-205058

    FORM S-8 REGISTRATION STATEMENT No. 333-239268

     

    FORM S-8

    REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

     

    DAVIDsTEA INC.

    (Exact Name of Registrant as Specified in Its Charter)

     

    Canada

    98-1048842

    (State or other Jurisdiction of

    Incorporation or Organization)

    (I.R.S. Employer

    Identification Number)

     

    5430 Ferrier

    Mount-Royal, Québec, Canada, H4P 1M2

    (Address of principal executive offices, including zip code)

     

    Amended and Restated Equity Incentive Plan

    2015 Omnibus Equity Incentive Plan

    (Full Title of the Plan)

     

    Cogency Global Inc.

    122 East 42nd Street, 18th Floor

    New York, NY 10168

    (212) 947-7200

    (Name, Address and Telephone Number, Including Area Code, of Agent for Service)

     

    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 UNSOLD SECURITIES

     

    These post-effective amendments are being filed to deregister all securities of DAVIDsTEA Inc., a corporation incorporated under the Canada Business Corporations Act (the “Registrant”), that were previously registered and remain unsold on the following Registration Statements on Form S-8 (each, a “Registration Statement”, and collectively, the “Registration Statements”) filed with the Securities and Exchange Commission (the “SEC”):

     

     

    ·

    Registration Statement on Form S-8 (No. 333-205058), filed with the SEC on June 18, 2015, which registered the offering of an aggregate of 4,480,000 common shares, no par value, of the Registrant (“Common Shares”), consisting of (i) 3,040,000 Common Shares issuable under the Amended and Restated Equity Plan; and (ii) 1,440,000 Common Shares issuable under the 2015 Omnibus Equity Incentive Plan; and

     

     

     

     

    ·

    Registration Statement on Form S-8 (No. 333-239268), filed with the SEC on June 18, 2020, which registered the offering of an aggregate of 1,500,000 Common Shares issuable under the 2015 Omnibus Equity Incentive Plan.

     

    The Registrant intends to file a Form 15 serving as a certification of termination of registration of the Common Shares under Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) pursuant to Rule 12g-4(a)(1) under the Exchange Act. The Form 15 will also serve as notice of the suspension of the Registrant’s duty to file reports pursuant to Section 15(d) of the Exchange Act and Rule 15d-6 under the Exchange Act.

     

    As a result of the termination of Exchange Act registration and the suspension of the Registrant’s reporting obligation, the Registrant will no longer be updating the information in the Registration Statements on an ongoing basis and therefore desires to terminate the offerings of the Common Shares pursuant to the Registration Statements. Accordingly, the Registrant hereby terminates the effectiveness of the Registration Statements and, in accordance with undertakings made by the Registrant in the Registration Statements to remove from registration by means of a post-effective amendment any of the Common Shares that had been registered but remained unsold at the termination of the offering, removes from registration any and all Common Shares of the Registrant registered but unsold under the Registration Statements as of the date hereof.

     

     

    2

     

     

    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 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 Montreal, Canada on March 27, 2023.

     

    DAVIDsTEA INC.

    By:

    /s/ Frank Zitella

    Name:

    Frank Zitella

    Title:

    President, Chief Financial and Operating Officer

     

    SIGNATURE OF AUTHORIZED REPRESENTATIVE IN THE UNITED STATES

     

    Pursuant to the requirements of the Securities Act of 1933, the Registrant’s duly authorized representative has signed this Registration Statement on Form S-8 in New York, on March 27, 2023.

     

     

    Cogency Global Inc.

     

     

    Authorized U.S. Representative

     

     

     

     

     

    By:

    /s/ Colleen A. De Vries

     

    Name:

    Colleen A. De Vries

     

    Title:

    Sr. Vice President on behalf of Cogency Global Inc.

     

    Pursuant to Rule 478 under the Securities Act of 1933, as amended, no other person is required to sign these Post-Effective Amendments to the Registration Statements.

     

     

    3

     

    Get the next $DTEA alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $DTEA

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $DTEA
    Financials

    Live finance-specific insights

    See more
    • DAVIDsTEA Reports Financial Results for the Second Quarter of Fiscal 2022

      Sales totaled $15.2 millionNet loss of $4.8 millionAdjusted EBITDA amounted to a loss of $2.1 millionCash position of $19.0 million and new, unused $15.0 million revolving credit facility MONTREAL, Sept. 13, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, announced today its second quarter results for the period ended July 30, 2022. "DAVIDsTEA continues to experience volatility in its channels. Our wholesale business in Canada expanded in the second quarter of 2022 with sales more than doubling year-over-year on the strength of a growing footprint at grocery stores, pharmacies and big-box locations to over 3,8

      9/13/22 4:15:00 PM ET
      $DTEA
    • DAVIDsTEA Reports Financial Results for First Quarter of Fiscal 2022

      Sales reach $20.4 millionNet loss totals $2.0 millionAdjusted EBITDA amounts to $0.1 millionCash position of $22.7 million MONTREAL, June 14, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, announced today its first quarter results for the period ended April 30, 2022. "DAVIDsTEA continues to execute on a well though-out transition to a digital-first tea merchant, by amplifying the universal and enjoyable pleasures associated with tea. We efficiently managed through industry-wide challenges, including mounting inflation, supply-chain issues and labour shortages, in the first quarter of 2022," said Sarah Segal,

      6/14/22 4:15:00 PM ET
      $DTEA
    • DAVIDsTEA Reports Fourth Quarter and Full Year Fiscal 2021 Financial Results

      Fiscal 2021 Sales of $104.1 millionNet income of $78.1 millionAdjusted EBITDA of $5.3 millionCash position of $25.1 million Q4 2021 Sales of $39.9 millionNet income of $1.3 millionAdjusted EBITDA of $3.7 million MONTREAL, April 29, 2022 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, announces its fourth quarter and full year results for the period ended January 29, 2022. "We adapted to changes in consumer habits related to the COVID-19 pandemic by doubling down on our digital platform, we emerged from a formal restructuring process as a more invigorated and efficient organization, and we managed as a

      4/29/22 8:00:00 AM ET
      $DTEA

    $DTEA
    SEC Filings

    See more
    • SEC Form 15-12G filed by DAVIDsTEA Inc.

      15-12G - DAVIDsTEA Inc. (0001627606) (Filer)

      4/17/23 8:15:16 AM ET
      $DTEA
    • DAVIDsTEA Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - DAVIDsTEA Inc. (0001627606) (Filer)

      4/13/23 4:15:28 PM ET
      $DTEA
    • SEC Form 25 filed by DAVIDsTEA Inc.

      25 - DAVIDsTEA Inc. (0001627606) (Filer)

      4/7/23 4:05:21 PM ET
      $DTEA

    $DTEA
    Leadership Updates

    Live Leadership Updates

    See more
    • DAVIDsTEA Reports Third Quarter Fiscal 2020 Financial Results

      145.5% increase in e-commerce and wholesale sales to $22.1 millionGross profit of $10.8 millionAdjusted EBITDA of $3.3 millionCash of $21.9 million at quarter-endRestructuring activities ongoing and Court order extended until March 19, 2021 MONTREAL, Dec. 15, 2020 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announces its third quarter results for the period ended October 31, 2020. DAVIDsTEA also announces the appointment of Sarah Segal as Chief Executive Officer (CEO), in addition to her position as Chief Brand Officer, and Frank Zitella as President, in addition to his position as Chief Operating Officer and

      12/15/20 4:15:00 PM ET
      $SSNC
      $LOOP
      $DTEA
      Computer Software: Prepackaged Software
      Technology
      Major Chemicals
      Industrials

    $DTEA
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • DAVIDsTEA Confirms Voluntary Delisting from Nasdaq

      - DAVIDsTEA to cease trading on Nasdaq at the close of market on Friday, April 14, 2023 - DAVIDsTEA to continue trading on the TSX Venture Exchange MONTREAL, April 13, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, confirms that it is voluntarily delisting from The Nasdaq Global Market ("Nasdaq") and that its common shares will stop trading on Nasdaq at the close of market on Friday, April 14, 2023. As previously announced, DAVIDsTEA commenced trading on the TSX Venture Exchange ("TSXV") on Monday, April 3, 2023 under the ticker symbol "DTEA". After April 14, 2023, DAVIDsTEA will be listed only on the TSXV,

      4/13/23 4:13:22 PM ET
      $DTEA
    • DAVIDsTEA to Commence Trading on the TSX Venture Exchange and Delist from Nasdaq

      - Trading on the TSX Venture Exchange to start on April 3, 2023 - DAVIDsTEA to delist from Nasdaq at the close of markets on April 14, 2023 MONTREAL, March 27, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, is pleased to announce that the Company has been accepted for listing on the TSX Venture Exchange ("TSXV") and that the Company's common shares will commence trading on the TSXV on Monday, April 3, 2023 under the ticker symbol "DTEA". The shares will trade on the TSXV in Canadian dollars. Shareholders will not be required to exchange their share certificates or take any other action in connection with the

      3/27/23 8:45:00 AM ET
      $DTEA
    • DAVIDsTEA Aligns Cost Structure with Continued Focus on Path to Profitability

      MONTREAL, Feb. 02, 2023 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (NASDAQ:DTEA) ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, provided preliminary sales results for its fourth quarter ended January 28, 2023, and announced a plan to adjust its cost structure amid continuing macro-economic uncertainty. "Like many other retail brands, we experienced difficult market conditions in the fourth quarter as consumer wallets were impacted by rising inflation and higher interest rates that reduced demand," explained Sarah Segal, Chief Executive Officer and Chief Brand Officer, DAVIDsTEA. "The decision to implement a cost-containment plan is necessary to align our cost structure

      2/2/23 5:04:01 PM ET
      $DTEA

    $DTEA
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by DAVIDsTEA Inc. (Amendment)

      SC 13G/A - DAVIDsTEA Inc. (0001627606) (Subject)

      1/18/23 1:23:27 PM ET
      $DTEA
    • SEC Form SC 13G/A filed by DAVIDsTEA Inc. (Amendment)

      SC 13G/A - DAVIDsTEA Inc. (0001627606) (Subject)

      1/5/22 10:28:41 AM ET
      $DTEA