|
Delaware
(State or other jurisdiction of
incorporation or organization) |
| |
3690
(Primary Standard Industrial
Classification Code Number) |
| |
86-1888095
(I.R.S. Employer
Identification Number) |
|
|
Large accelerated filer
☒
|
| |
Accelerated filer
☐
|
|
|
Non-accelerated filer
☐
|
| |
Smaller reporting company
☐
|
|
| | | |
Emerging growth company
☐
|
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| | |
Page
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| | | | 23 | | | |
| | | | 30 | | | |
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| | | | 33 | | |
Name of Selling Securityholder
|
| |
Common
Stock Beneficially Owned Prior to Offering |
| |
Warrants
Beneficially Owned Prior to Offering |
| |
Number of
Shares of Common Stock Being Offered |
| |
Number of
Warrants Being Offered |
| |
Common Stock
Beneficially Owned After the Offered Shares of Common Stock are Sold |
| |
Warrants
Beneficially Owned After the Offered Warrants are Sold |
| ||||||||||||||||||||||||||||||
|
Number
|
| |
Percent
|
| |
Number
|
| |
Percent
|
| ||||||||||||||||||||||||||||||||||||||
Douglas Campbell(1)
|
| | | | 4,480,046 | | | | | | — | | | | | | 4,480,046 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
BMW Holding B.V.(2)
|
| | | | 10,488,518 | | | | | | — | | | | | | 10,488,518 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Decarbonization Plus Acquisition Sponsor III, LLC(3)
|
| | | | 4,738,454 | | | | | | 7,112,547 | | | | | | 11,851,001 | | | | | | 7,112,547 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Wood River Capital, LLC(4)
|
| | | | 4,330,369 | | | | | | — | | | | | | 4,330,369 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
SK On Co., Ltd.(5)
|
| | | | 3,000,000 | | | | | | — | | | | | | 3,000,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
REL Batavia Partnership, LP(6)
|
| | | | 6,798,303 | | | | | | — | | | | | | 2,000,000 | | | | | | — | | | | | | 4,798,303 | | | | | | * | | | | | | — | | | | | | — | | |
Taconic Opportunity Master Fund L.P.(7)
|
| | | | 275,000 | | | | | | — | | | | | | 275,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Kepos Alpha Master Fund L.P.(8)
|
| | | | 380,400 | | | | | | — | | | | | | 380,400 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
James AC McDermott(9)
|
| | | | 240,000 | | | | | | — | | | | | | 240,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
FourWorld Global Opportunities Fund, Ltd.(10)
|
| | | | 220,000 | | | | | | — | | | | | | 220,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Van Eck Global Natural Resources Portfolio, a series of Brighthouse
Funds Trust II(11) |
| | | | 74,900 | | | | | | — | | | | | | 74,900 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Boothbay Absolute Return Strategies LP(12)
|
| | | | 120,000 | | | | | | — | | | | | | 120,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Kepos Carbon Transition Master Fund L.P.(13)
|
| | | | 119,600 | | | | | | — | | | | | | 119,600 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Van Eck Global Resources
Fund(14) |
| | | | 79,800 | | | | | | — | | | | | | 79,800 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Boothbay Diversified Alpha Master
Fund LP(15) |
| | | | 80,000 | | | | | | — | | | | | | 80,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
FourWorld Event Opportunities,
LP(16) |
| | | | 40,000 | | | | | | — | | | | | | 40,000 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Van Eck VIP Global Resources
Fund(17) |
| | | | 27,900 | | | | | | — | | | | | | 27,900 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Jane Kearns(18)
|
| | | | 40,000 | | | | | | 33,257 | | | | | | 73,257 | | | | | | 33,257 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Jeffrey Tepper(19)
|
| | | | 40,000 | | | | | | 33,257 | | | | | | 73,257 | | | | | | 33,257 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Redemption Date
(period to expiration of Warrants) |
| |
Fair Market Value of Common Stock ($)
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||
|
10.00
|
| |
11.00
|
| |
12.00
|
| |
13.00
|
| |
14.00
|
| |
15.00
|
| |
16.00
|
| |
17.00
|
| |
18.00
|
| |||||||||||||||||||||||||||||
60 months
|
| | | | 0.261 | | | | | | 0.281 | | | | | | 0.297 | | | | | | 0.311 | | | | | | 0.324 | | | | | | 0.337 | | | | | | 0.348 | | | | | | 0.358 | | | | | | 0.361 | | |
57 months
|
| | | | 0.257 | | | | | | 0.277 | | | | | | 0.294 | | | | | | 0.310 | | | | | | 0.324 | | | | | | 0.337 | | | | | | 0.348 | | | | | | 0.358 | | | | | | 0.361 | | |
54 months
|
| | | | 0.252 | | | | | | 0.272 | | | | | | 0.291 | | | | | | 0.307 | | | | | | 0.322 | | | | | | 0.335 | | | | | | 0.347 | | | | | | 0.357 | | | | | | 0.361 | | |
51 months
|
| | | | 0.246 | | | | | | 0.268 | | | | | | 0.287 | | | | | | 0.304 | | | | | | 0.320 | | | | | | 0.333 | | | | | | 0.346 | | | | | | 0.357 | | | | | | 0.361 | | |
48 months
|
| | | | 0.241 | | | | | | 0.263 | | | | | | 0.283 | | | | | | 0.301 | | | | | | 0.317 | | | | | | 0.332 | | | | | | 0.344 | | | | | | 0.356 | | | | | | 0.361 | | |
45 months
|
| | | | 0.235 | | | | | | 0.258 | | | | | | 0.279 | | | | | | 0.298 | | | | | | 0.315 | | | | | | 0.330 | | | | | | 0.343 | | | | | | 0.356 | | | | | | 0.361 | | |
42 months
|
| | | | 0.228 | | | | | | 0.252 | | | | | | 0.274 | | | | | | 0.294 | | | | | | 0.312 | | | | | | 0.328 | | | | | | 0.342 | | | | | | 0.355 | | | | | | 0.361 | | |
39 months
|
| | | | 0.221 | | | | | | 0.246 | | | | | | 0.269 | | | | | | 0.290 | | | | | | 0.309 | | | | | | 0.325 | | | | | | 0.340 | | | | | | 0.354 | | | | | | 0.361 | | |
36 months
|
| | | | 0.213 | | | | | | 0.239 | | | | | | 0.263 | | | | | | 0.285 | | | | | | 0.305 | | | | | | 0.323 | | | | | | 0.339 | | | | | | 0.353 | | | | | | 0.361 | | |
33 months
|
| | | | 0.205 | | | | | | 0.232 | | | | | | 0.257 | | | | | | 0.280 | | | | | | 0.301 | | | | | | 0.320 | | | | | | 0.337 | | | | | | 0.352 | | | | | | 0.361 | | |
30 months
|
| | | | 0.196 | | | | | | 0.224 | | | | | | 0.250 | | | | | | 0.274 | | | | | | 0.297 | | | | | | 0.316 | | | | | | 0.335 | | | | | | 0.351 | | | | | | 0.361 | | |
27 months
|
| | | | 0.185 | | | | | | 0.214 | | | | | | 0.242 | | | | | | 0.268 | | | | | | 0.291 | | | | | | 0.313 | | | | | | 0.332 | | | | | | 0.350 | | | | | | 0.361 | | |
24 months
|
| | | | 0.173 | | | | | | 0.204 | | | | | | 0.233 | | | | | | 0.260 | | | | | | 0.285 | | | | | | 0.308 | | | | | | 0.329 | | | | | | 0.348 | | | | | | 0.361 | | |
21 months
|
| | | | 0.161 | | | | | | 0.193 | | | | | | 0.223 | | | | | | 0.252 | | | | | | 0.279 | | | | | | 0.304 | | | | | | 0.326 | | | | | | 0.347 | | | | | | 0.361 | | |
18 months
|
| | | | 0.146 | | | | | | 0.179 | | | | | | 0.211 | | | | | | 0.242 | | | | | | 0.271 | | | | | | 0.298 | | | | | | 0.322 | | | | | | 0.345 | | | | | | 0.361 | | |
15 months
|
| | | | 0.130 | | | | | | 0.164 | | | | | | 0.197 | | | | | | 0.230 | | | | | | 0.262 | | | | | | 0.291 | | | | | | 0.317 | | | | | | 0.342 | | | | | | 0.361 | | |
12 months
|
| | | | 0.111 | | | | | | 0.146 | | | | | | 0.181 | | | | | | 0.216 | | | | | | 0.250 | | | | | | 0.282 | | | | | | 0.312 | | | | | | 0.339 | | | | | | 0.361 | | |
Redemption Date
(period to expiration of Warrants) |
| |
Fair Market Value of Common Stock ($)
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||
|
10.00
|
| |
11.00
|
| |
12.00
|
| |
13.00
|
| |
14.00
|
| |
15.00
|
| |
16.00
|
| |
17.00
|
| |
18.00
|
| |||||||||||||||||||||||||||||
9 months
|
| | | | 0.090 | | | | | | 0.125 | | | | | | 0.162 | | | | | | 0.199 | | | | | | 0.237 | | | | | | 0.272 | | | | | | 0.305 | | | | | | 0.336 | | | | | | 0.361 | | |
6 months
|
| | | | 0.065 | | | | | | 0.099 | | | | | | 0.137 | | | | | | 0.178 | | | | | | 0.219 | | | | | | 0.259 | | | | | | 0.296 | | | | | | 0.331 | | | | | | 0.361 | | |
3 months
|
| | | | 0.034 | | | | | | 0.065 | | | | | | 0.104 | | | | | | 0.150 | | | | | | 0.197 | | | | | | 0.243 | | | | | | 0.286 | | | | | | 0.326 | | | | | | 0.361 | | |
0 months
|
| | | | — | | | | | | — | | | | | | 0.042 | | | | | | 0.115 | | | | | | 0.179 | | | | | | 0.233 | | | | | | 0.281 | | | | | | 0.323 | | | | | | 0.361 | | |
|
SEC registration fee
|
| | | $ | 85,002.03(1) | | |
|
Legal fees and expenses
|
| | | $ | * | | |
|
Accounting fees and expenses
|
| | | $ | * | | |
|
Financial printing and miscellaneous
|
| | | $ | * | | |
|
Total
|
| | | $ | * | | |
| | | | | |
Incorporated by Reference
|
| |||||||||
Exhibit
Number |
| |
Description
|
| |
Schedule Form
|
| |
File Number
|
| |
Exhibit/
Annex |
| |
Filing Date
|
|
2.1
|
| | | |
424B3
|
| |
333-258681
|
| |
Annex A
|
| |
November 10, 2021
|
| |
2.2
|
| | | |
424B3
|
| |
333-258681
|
| |
Annex A-1
|
| |
November 10, 2021
|
| |
3.1
|
| | | |
8-K
|
| |
001-40284
|
| |
3.1
|
| |
December 13, 2021
|
| |
3.2
|
| | | |
8-K
|
| |
001-40284
|
| |
3.1
|
| |
November 21, 2022
|
| |
4.1
|
| | | |
8-K
|
| |
001-40284
|
| |
4.1
|
| |
December 13, 2021
|
| |
4.2
|
| | | |
8-K
|
| |
001-40284
|
| |
4.2
|
| |
December 13, 2021
|
| |
4.3
|
| | | |
8-K
|
| |
001-40284
|
| |
4.1
|
| |
March 26, 2021
|
|
| | | | | |
Incorporated by Reference
|
| |||||||||
Exhibit
Number |
| |
Description
|
| |
Schedule Form
|
| |
File Number
|
| |
Exhibit/
Annex |
| |
Filing Date
|
|
4.4
|
| | | |
8-K
|
| |
001-40284
|
| |
10.2
|
| |
December 13, 2021
|
| |
4.5±
|
| | | |
S-4
|
| |
333-258681
|
| |
4.4
|
| |
August 10, 2021
|
| |
5.1
|
| | | |
S-1
|
| |
333-261711
|
| |
5.1
|
| |
December 17, 2021
|
| |
23.1*
|
| | | | | | | | | | | | | | | |
23.2
|
| | Consent of Wilson Sonsini Goodrich & Rosati, P.C. (included in Exhibit 5.1 hereto). | | | | | | | | | | | | | |
24.1
|
| | | |
S-1
|
| |
333-261711
|
| |
24.1
|
| |
December 17, 2021
|
| |
24.2
|
| | | |
POS-AM
|
| |
333-261711
|
| |
24.2
|
| |
April 1, 2022
|
| |
24.3*
|
| | | | | | | | | | | | | | |
| | | | SOLID POWER, Inc. | | ||||||
| | | | By: | | |
/s/ David B. Jansen
|
| |||
| | | | | | | Name: | | | David B. Jansen | |
| | | | | | | Title: | | | Interim Chief Executive Officer, President and Director | |
|
Signature
|
| |
Title
|
| |
Date
|
| |||
|
/s/ David B. Jansen
David B. Jansen
|
| |
Interim Chief Executive Officer, President and Director (Principal Executive Officer)
|
| |
May 12, 2023
|
| |||
|
/s/ Kevin Paprzycki
Kevin Paprzycki
|
| |
Chief Financial Officer (Principal Financial and Accounting Officer)
|
| |
May 12, 2023
|
| |||
|
*
Erik Anderson
|
| |
Director
|
| |
May 12, 2023
|
| |||
|
*
Rainer Feurer
|
| |
Director
|
| |
May 12, 2023
|
| |||
|
*
Steven H. Goldberg
|
| |
Director
|
| |
May 12, 2023
|
| |||
|
*
Aleksandra Miziolek
|
| |
Director
|
| |
May 12, 2023
|
| |||
|
*
Lesa Roe
|
| |
Director
|
| |
May 12, 2023
|
| |||
|
*
John Stephens
|
| |
Director
|
| |
May 12, 2023
|
|
|
Signature
|
| |
Title
|
| |
Date
|
| |||
|
*
MaryAnn Wright
|
| |
Director
|
| |
May 12, 2023
|
| |||
| *By: | | |
/s/ David B. Jansen
Name: David B. Jansen
Attorney-in-fact |
| | | | | | |
Exhibit 23.1
Consent of Independent Registered Public Accounting Firm
We consent to the reference to our firm under the caption "Experts" in this Registration Statement (Post-Effective Amendment No. 2 to Form S-1 on Form S-3 No. 333-261711) and related Prospectus of Solid Power, Inc. for the registration of its common stock and warrants to purchase common stock and to the incorporation by reference therein of our reports dated March 1, 2023, with respect to the consolidated financial statements of Solid Power, Inc., and the effectiveness of internal control over financial reporting of Solid Power, Inc., included in its Annual Report (Form 10-K) for the year ended December 31, 2022, filed with the Securities and Exchange Commission.
/s/ Ernst & Young LLP | |
Denver, CO | |
May 12, 2023 |
Exhibit 24.3
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints David B. Jansen, Kevin Paprzycki and James Liebscher, and each of them, as his or her true and lawful attorney-in-fact and agent with full power of substitution, for him or her in any and all capacities, to sign any and all amendments to this Registration Statement on Form S-3 (File No. 333-261711) (including post-effective amendments or any abbreviated registration statement and any amendments thereto filed pursuant to Rule 462(b) under the Securities Act of 1933, as amended, increasing the number of securities for which registration is sought), and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact, proxy and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully for all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorney-in- fact, proxy and agent, or his or her substitute, may lawfully do or cause to be done by virtue hereof.
Name | Title | Date | |
/s/ MaryAnn Wright | Director | May 12, 2023 | |
MaryAnn Wright |