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    SEC Form S-8 filed by The9 Limited

    12/27/24 4:24:20 PM ET
    $NCTY
    Finance: Consumer Services
    Finance
    Get the next $NCTY alert in real time by email
    S-8 1 tm2432128d1_s8.htm FORM S-8

     

    As filed with the Securities and Exchange Commission on December 27, 2024

    Registration No. 333-

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, DC 20549

     

     

     

    FORM S-8

     

    REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

     

    THE9 LIMITED

    (Exact Name of Registrant as Specified in Its Charter)

     

     

     

    Cayman Islands   Not Applicable
    (State or Other Jurisdiction of   (I.R.S. Employer
    Incorporation or Organization)   Identification No.)

     

    17 Floor, No. 130 Wu Song Road

    Hong Kou District, Shanghai 200080

    People’s Republic of China

    (Address, Including Zip Code, of Principal Executive Offices)

     

     

     

    Eleventh Amended and Restated 2004 Stock Option Plan

    (Full Title of the Plan)

     

     

     

    Puglisi & Associates

    850 Library Avenue, Suite 204

    Newark, Delaware 19711

    (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, 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 x 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. ¨

     

    Copies to:

     

    George Lai, Chief Financial Officer

    17 Floor, No. 130 Wu Song Road

    Hong Kou District, Shanghai 200080

    People’s Republic of China

    +86 (21) 6108-6080

     

     

     

     

     

    EXPLANATORY NOTE

     

    This Registration Statement is filed by The9 Limited (the “Registrant”) to register additional securities issuable pursuant to the Plan and consists of only those items required by General Instruction E to Form S-8. The number of Class A ordinary shares that are available for award grant purposes under the Plan increased by 1,500,000,000 Class A ordinary shares from 550,000,000 Class A ordinary shares to 2,050,000,000 Class A ordinary shares. Based on the above, the additional securities registered hereby consist of 1,500,000,000 Class A ordinary shares, on top of the Class A ordinary shares registered by the Registration Statements on Form S-8 (File No. 333-127700, File No. 333-156306, File No. 333-168780, File No. 333-210693, File No. 333-217190, File No. 333-231105, File No. 333-259315, and 333-271574), as amended, filed with Securities and Exchange Commission (the “Commission”) on August 19, 2005, December 19, 2008, August 12, 2010, December 16, 2010, April 11, 2016, April 7, 2017, April 29, 2019, August 27, 2019, and May 2, 2023 (the “Prior Registration Statements”).

     

    In accordance with General Instruction E to Form S-8, the contents of the Prior Registration Statements are incorporated herein by reference, except as otherwise set forth herein.

     

    2

     

     

    PART II

     

    INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

     

    Item 3.Incorporation of Documents by Reference

     

    The following documents previously filed by The9 Limited (the “Registrant”) with the Securities and Exchange Commission (the “Commission”) are incorporated by reference herein:

     

    (a)The Registrant’s annual report on Form 20-F (File No. 001-34238) for the year ended December 31, 2023, filed with the Commission on April 15, 2024.

     

    (b)Not applicable.

     

    (c)The description of the securities incorporated by reference in the Registrant’s registration statement on Form 8-A (File No. 001-34238) filed with the Commission on April 30, 2020 pursuant to Section 12 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), together with all amendments and reports filed for the purpose of updating that description.

     

    All documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14, or 15(d) of the Exchange Act 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 in this registration statement and to be part hereof from the date of filing of such documents. Any statement in a document incorporated or deemed to be incorporated by reference in this registration statement will be deemed to be modified or superseded to the extent that a statement contained in this registration statement or in any other later filed document that also is or is deemed to be incorporated by reference modifies or supersedes such statement. Any such statement so modified or superseded will not be deemed, except as so modified or superseded, to be a part of this registration statement.

     

    Item 8.Exhibits

     

    Exhibit No.

     

    Description

    4.1   Fourth Amended and Restated Memorandum and Articles of Association of the Registrant as currently in effect (incorporated by reference to Exhibit 3.1 to our Report of Foreign Private Issuer on Form 6-K (File No. 001-34238) filed with the Commission on December 27, 2024)
    4.2   Specimen Certificate for Class A ordinary shares of the Registrant (incorporate by reference to Exhibit 2.2 to the Registrant’s annual report on Form 20-F (File No. 001-34238) filed with the Commission on April 30, 2020)
    4.3   Form of Amended and Restated Deposit Agreement among the Registrant, The Bank of New York Mellon, as Depositary, and all Owners and Beneficial Owners from time to time of American Depositary Shares issued thereunder (incorporated by reference to Exhibit 1 to our Post-Effective Amendment No. 3 to the Registration Statement on Form F-6 (File no. 333-156635) filed with the Commission on June 21, 2019)
    4.4   Specimen American Depositary Receipt (incorporated by reference to Exhibit A (Form of American Depositary Receipt) of Exhibit 1 (Form of Deposit Agreement) to our Post-Effective Amendment No. 3 to the Registration Statement on Form F-6 (File no. 333-156635) filed with the Commission on June 21, 2019)
    5.1*   Opinion of Maples and Calder (Hong Kong) LLP, Cayman Islands counsel to the Registrant, regarding the legality of the Class A ordinary shares being registered
    10.1*   Eleventh Amended and Restated 2004 Stock Option Plan of the Registrant
    23.1*   Consent of Maples and Calder (Hong Kong) LLP (included in Exhibit 5.1)
    23.2*   Consent of RBSM LLP, independent registered public accounting firm
    24.1*   Power of Attorney (included on signature page hereto)
    107*   Filing Fee Table

     

     

    *            Filed herewith.

     

    3

     

     

    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 Shanghai, People’s Republic of China, on December 27, 2024.

     

        THE9 LIMITED
         
      By: /s/ Jun Zhu
        Name: Jun Zhu
        Title: Chairman and Chief Executive Officer

     

    4

     

     

    POWER OF ATTORNEY

     

    KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints, severally and not jointly, each of Jun Zhu and George Lai, with full power to act alone, as his or her true and lawful attorney-in-fact, with the power of 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 each said attorney-in-fact full power and authority to do and perform each and every act and thing requisite and necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that each said attorney-in-fact 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 on December 27, 2024.

     

    Signature   Title
         
    /s/ Jun Zhu   Chairman and Chief Executive Officer
    Jun Zhu   (principal executive officer)
         
    /s/ George Lai   Director and Chief Financial Officer
    George Lai   (principal financial and accounting officer)
         
    /s/ Davin A. Mackenzie   Director
    Davin A. Mackenzie    
         
    /s/ Kwok Keung Chau   Director
    Kwok Keung Chau    
         
    /s/ Ka Keung Yeung   Director
    Ka Keung Yeung    

     

    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 The9 Limited, has signed this registration statement or amendment thereto in Newark, Delaware on December 27, 2024.

     

     

    Authorized U.S. Representative

       
      Puglisi & Associates
         
      By:

    /s/ Donald J. Puglisi

      Name: Donald J. Puglisi
      Title: Managing Director

     

    6

     

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