As filed with the Securities and Exchange Commission on August 31, 2023
Registration No. 333-272916
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
No. 1
to
FORM F-3
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
(Exact name of registrant as specified in its charter)
Not Applicable
(Translation of Registrant’s Name into English)
Not Applicable | ||
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
#01-05 Pearl’s Hill Terrace
Singapore, 168976
Tel: +65 9656 5641
(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)
Winston & Strawn LLP
800 Capitol Street, Suite 2400
Houston, TX 77002
Tel: 713-651-2600
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
Michael J. Blankenship Winston & Strawn LLP 800 Capitol Street, Suite 2400 Houston, TX 77002 Tel: 713-651-2600 |
Approximate date of commencement of proposed sale to the public: From time to time after the effective date of this Registration Statement.
If 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, 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.C. 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.C. 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 an emerging growth company as defined in Rule 405 of the Securities Act of 1933.
Emerging growth company
If an emerging growth company that prepares its
financial statements in accordance with U.S. GAAP, 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.
† | The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012. |
The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until this Registration Statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.
EXPALANATORY NOTE
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
ITEM 9. EXHIBITS
See the Exhibit Index on the page immediately preceding the exhibits for a list of exhibits filed as part of this registration statement on Post-Effective Amendment No. 1 to its registration statement on Form F-3, which Exhibit Index is incorporated herein by reference.
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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 F-3 has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, on August 31, 2023.
SAI.TECH Global Corporation | ||
By: | /s/ Risheng Li | |
Name: | Risheng Li | |
Title: | Chief Executive Officer |
Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed below by the following persons in the capacities and on the dates indicated.
Signature | Title | Date | ||
/s/ Risheng Li | Director and Chief Executive Officer | August 31, 2023 | ||
Risheng Li | (Principal Executive Officer) | |||
* | Chief Financial Officer | August 31, 2023 | ||
Ian Chow | (Principal Financial and Accounting Officer) | |||
* | Director | August 31, 2023 | ||
Hao Ge | ||||
* | Director | August 31, 2023 | ||
Yao Shi | ||||
* | Director | August 31, 2023 | ||
Jinlong Zhu | ||||
* | Director | August 31, 2023 | ||
Yusen Chen |
*By: | /s/ Risheng Li | |
Risheng Li Attorney-in-fact |
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SIGNATURE OF AUTHORIZED REPRESENTATIVE IN THE UNITED STATES
Pursuant to the Securities Act of 1933, the undersigned, the duly authorized representative in the United States of SAI.TECH Global Corporation., has signed this registration statement or amendment thereto in the City of Houston, State of Texas, on August 31, 2023.
WINSTON & STRAWN LLP | ||
By: | /s/ Michael J. Blankenship | |
Name: | Michael J. Blankenship | |
Title: | Authorized Representative |
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Item 9. Exhibits and Financial Statements Schedules
(a) Exhibits.
The following exhibits are filed herewith unless otherwise indicated:
Incorporation by Reference | ||||||||||||
Exhibit No. | Description | Filed
Herewith |
Form | File No. | Exhibit No. | Filing
Date | ||||||
3.1 | Amended and Restated Memorandum and Articles of Association | 6-K | 001-40368 | 1.1 | May 6, 2022 | |||||||
4.1 | Specimen Class A Ordinary Share Certificate | S-1/A | 333-253849 | 4.2 | April 22, 2021 | |||||||
4.2 | Specimen Warrant Certificate | S-1/A | 333-253849 | 4.3 | April 22, 2021 | |||||||
4.3 | Warrant Agreement, dated as of April 28, 2021, between TradeUP Global Corporation and VStock Transfer, LLC, as warrant agent | 8-K/A | 001-40368 | 4.1 | May 6, 2021 | |||||||
4.4 | Form of Indenture | F-3/A | 333-272916 | 4.4 | July 19, 2023 | |||||||
4.5* | Form of Warrant | |||||||||||
4.6* | Form of Warrant Agreement | |||||||||||
4.7* | Form of Right | |||||||||||
4.8* | Form of Rights Agreement | |||||||||||
4.9* | Form of Unit | |||||||||||
4.10* | Form of Unit Agreement | |||||||||||
5.1 | Opinion of Opinion of Harney Westwood & Riegels LP | F-3/A | 333-272916 | 5.1 | July 19, 2023 | |||||||
23.1 | Consent of Marcum Bernstein & Pinchuk LLP | X | ||||||||||
23.2 | Consent of Audit Alliance LLP | F-3/A | 333-272916 | 23.1 | August 16, 2023 | |||||||
23.3 |
Consent of Opinion of Harney Westwood & Riegels LP (included in Exhibit 5.1) | F-3/A | 333-272916 | 23.2 | July 19, 2023 | |||||||
101 | Interactive Data Table | |||||||||||
101.INS | Inline XBRL Instance Document. | |||||||||||
101.SCH | Inline XBRL Taxonomy Extension Schema Document. | |||||||||||
101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document. | |||||||||||
101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document. | |||||||||||
101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document. | |||||||||||
101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document. | |||||||||||
104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). | |||||||||||
107** | Filing Fee table |
* | To be filed as an exhibit to a post-effective amendment to this registration statement or as an exhibit to a report filed under the Exchange Act and incorporated herein by reference. |
+ | Indicates management contract or compensatory plan or arrangement. |
# | Portions of this exhibit have been omitted in accordance with Item 601(b)(10)(iv) of Regulation S-K. |
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Exhibit 23.1
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM’S CONSENT
We consent to the incorporation by reference in this Registration Statement of SAI.TECH Global Corporation on the post-effective Amendment No.1 to Form F-3 (File No. 333-272916) of our report dated October 15, 2021, with respect to our audit of the consolidated statements of operations and comprehensive income and cash flows of SAITECH Limited for the year ended December 31, 2020, appearing in the Annual Report on Form 20-F of SAITECH Limited for the year ended December 31, 2022.
/s/ Marcum Asia CPAs LLP
Marcum Asia CPAs LLP
(Formerly Marcum Bernstein & Pinchuk LLP)
New York, NY
August 31, 2023
NEW YORK OFFICE ● 7 Penn Plaza ● Suite 830 ● New York, New York ● 10001
Phone 646.442.4845 ● Fax 646.349.5200 ● www.marcumasia.com