04/08/2026 | Press release | Distributed by Public on 04/08/2026 15:01
As filed with the Securities and Exchange Commission on April 8, 2026
Registration No. 333-266679
Registration No. 333-286352
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
POST-EFFECTIVE AMENDMENT NO. 1
File No. 333-266679
POST-EFFECTIVE AMENDMENT NO. 1
File No. 333-286352
TO
FORM S-8
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
NETLIST, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 95-4812784 |
| (State or other jurisdiction of | (I.R.S. Employer |
| incorporation or organization) | Identification No.) |
111 Academy, Suite 100
Irvine, CA 92617
(Address of Principal Executive Offices) (Zip Code)
Amended and Restated 2006 Equity Incentive Plan of Netlist, Inc.
Inducement Restricted Stock Unit Awards
(Full title of the plan)
Chun K. Hong
President, Chief Executive Officer and Director
111 Academy, Suite 100, Irvine, CA 92617
(Name and address of agent for service)
(949) 435-0025
(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 x | Smaller reporting company x |
| 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
Netlist, Inc. (the "Company" or "Registrant") is filing these post-effective amendments (the "Post-Effective Amendments") to the following Registration Statements on Form S-8 ("Registration Statement"), which have been previously filed with the Securities and Exchange Commission (the "SEC"), to deregister certain shares of the Company's common stock, par value $0.001 per share ("Common Stock"), registered but unsold or otherwise unissued under the below Registration Statements as follows:
| · | Registration Statement on Form S-8 (No. 333-266679) filed with the SEC on August 9, 2022, pertaining to the registration of (i) 105,000 shares of Common Stock that may be issued upon the vesting of the Inducement RSU Awards (the "March 2022 Inducement Awards") granted to two employees pursuant to Restricted Stock Unit Agreements, dated as of March 7, 2022, by and between the Company and these employees (the "March 2022 Agreements"); (ii) 415,000 shares of Common Stock that may be issued upon the vesting of the Inducement RSU Awards granted to two employees pursuant to Restricted Stock Unit Agreements, dated as of April 6, 2022, by and between the Company and these employees, (iii) 86,500 shares of Common Stock that may be issued upon the vesting of the Inducement RSU Awards (the "May 2022 Inducement Awards") granted to three employees pursuant to Restricted Stock Unit Agreements, dated as of May 9, 2022, by and between the Company and these employee (the "May 2022 Agreements"), (iv) 10,000 shares of Common Stock that may be issued upon the vesting of the Inducement RSU Award granted to one employee pursuant to a Restricted Stock Unit Agreement, dated as of June 1, 2022, by and between the Company and this employees, (v) 28,333 shares of Common Stock that may be issued upon the vesting of the Inducement RSU Awards (the "July 2022 Inducement Awards") granted to two employees pursuant to Restricted Stock Unit Agreements, dated as of July 11, 2022, by and between the Company and these employee (the "July 2022 Agreements") and (vi) 150,000 shares of Common Stock that may be issued upon the vesting of the Inducement RSU Awards granted to two employees pursuant to Restricted Stock Unit Agreements, dated as of August 1, 2022, by and between the Company and these employees. |
With respect to the Common Stock subject to the May 2022 Inducement Awards and July 2022 Inducement Awards, 375 and 1,667 shares of Common Stock, respectively, included in this Registration Statement are no longer issuable pursuant to the May 2022 Agreements and July 2022 Agreements, respectively.
| · | Registration Statement on Form S-8 (No. 333-286352) filed with the SEC on April 2, 2025, pertaining to the registration of (i) 1,200,000 shares of Common Stock available for issuance under the Amended and Restated 2006 Equity Incentive Plan of the Company and (ii) 831,500 shares of Common Stock that may be issued upon the vesting of the Inducement RSU Awards (the "2024 Inducement Awards") granted to six employees pursuant to Restricted Stock Unit Agreements, by and between the Company and these employees (the "2024 Agreements"). |
With respect to the Common Stock subject to the 2024 Inducement Awards, 117,500 shares of Common Stock, included in this Registration Statement are no longer issuable pursuant to the 2024 Agreements.
Therefore, in accordance with an undertaking made by the Company in the Registration Statement to remove from registration, by means of a post-effective amendment, the securities registered under the Registration Statement that have not been sold, the Company hereby amends the Registration Statements to deregister (i) 2,042 shares of Common Stock registered and unsold under the Registration Statement on Form S-8 (No. 333-266679) and (ii) 117,500 shares of Common Stock registered and unsold under the Registration Statement on Form S-8 (No. 333-286352).
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended (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 the Post-Effective Amendment to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Irvine, State of California, on April 8, 2026.
| NETLIST, INC. | ||
| By: | /s/ Chun K. Hong | |
| Chun K. Hong | ||
| President, Chief Executive Officer and Director | ||
Pursuant to the requirements of the Securities Act, the Post-Effective Amendment has been signed by the following persons in the capacities and on the dates indicated.
| Signature | Title(s) | Date | ||
| /s/ Chun K. Hong | President, Chief Executive Officer and Director | April 8, 2026 | ||
| Chun K. Hong | (Principal Executive Officer) | |||
| /s/ Gail Sasaki | Executive Vice President and Chief Financial Officer | April 8, 2026 | ||
| Gail Sasaki | (Principal Financial and Accounting Officer) | |||
| /s/ Blake Welcher | Director | April 8, 2026 | ||
| Blake Welcher | ||||
| /s/ Jun Cho | Director | April 8, 2026 | ||
| Jun Cho |
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INDEX TO EXHIBITS
| Filed | Incorporated by Reference | |||||||||||
| Exhibit No. | Description | Herewith | Form | File No. | Exhibit | Filing Date | ||||||
| 23.1 | Consent of Macias Gini & O'Connell LLP | X | ||||||||||
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