S-8 1 tm238459d1_s8.htm FORM S-8

 

 

As filed with the Securities and Exchange Commission on March 6, 2023

Registration No. 333-          

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM S-8

 

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

 

Freightos Limited
(Exact name of registrant as specified in its charter)
   
Cayman Islands Not applicable
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer Identification No.)
   

Technology Park Building 2

1 Derech Agudat Sport HaPo’el

Jersusalem, Israel

+972 (2) 538-4317

9695102
(Address of Principal Executive Offices) (Zip Code)
   

FREIGHTOS LIMITED 2022 LONG-TERM INCENTIVE PLAN

TRADEOS LTD. 2012 GLOBAL INCENTIVE OPTION SCHEME

(Full title of the plan)
   

Cogency Global Inc.

122 East 42nd Street, 18th Floor

New York, New York 10168

(212) 947-7200

(Name, address, 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 ¨
          Emerging growth company x

 

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. ¨

 

 

 

 

 

 

PART I

 

INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

 

The documents containing the information specified in Part I of Form S-8 will be sent or given to participants as specified by Rule 428(b)(1) under the Securities Act of 1933 (the “Securities Act”) and the introductory note to Part I of Form S-8. In accordance with the rules and regulations of the U.S. Securities and Exchange Commission (the “Commission”) and the instructions to Form S-8, such documents are not being filed with the Commission either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act. These documents and the documents incorporated by reference into this registration statement pursuant to Item 3 of Part II of this registration statement, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.

 

PART II

 

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

 

Item 3. Incorporation of Documents by Reference.

 

The following documents filed by Freightos Limited, a Cayman Islands exempted company limited by shares (the “Registrant”), with the Commission are incorporated herein by reference:

 

  (a)   The prospectus dated December 28, 2022 filed by the Registrant with the Commission pursuant to Rule 424(b) under the Securities Act relating to the registration statement on Form F-4, originally filed with the Commission on December 9, 2022, as amended (Registration No. 333-268742);
       
  (c) The description of the Registrant’s ordinary shares contained in the Registrant’s registration statement on Form 8-A (File No. 001-41604), filed by the Registrant with the Commission under Section 12(b) of the Securities Exchange Act of 1934, as amended, (the “Exchange Act”) on January 25, 2023, as amended on January 26, 2023, including any amendments or reports filed for the purpose of updating such description.

 

In addition, all documents subsequently filed by the Registrant with the Commission pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, 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 into this Registration Statement and to be a part of this Registration Statement from the date of filing of such documents. The Registrant is not incorporating by reference any document or portion thereof, whether specifically listed above or to be filed in the future, that is not deemed to be “filed” with the Commission.

 

Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein, or in any subsequently filed document which also is or deemed to be incorporated by reference herein, modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

 

Item 4. Description of Securities.

 

Not applicable.

 

Item 5. Interests of Named Experts and Counsel.

 

Not applicable.

 

Item 6. Indemnification of Directors and Officers.

 

Cayman Islands law does not limit the extent to which a company’s memorandum and articles of association may provide for indemnification of officers and directors, except to the extent any such provision may be held by the Cayman Islands courts to be contrary to public policy, such as to provide indemnification against willful default, willful neglect, civil fraud or the consequences of committing a crime.

 

Our amended and restated memorandum and articles of association will provide for indemnification of our officers and directors to the maximum extent permitted by law, including for any liability incurred in their capacities as such, except through their own actual fraud, willful default or willful neglect. We have entered into and will enter into agreements with our directors and officers to provide contractual indemnification in addition to the indemnification provided for in our amended and restated memorandum and articles of association. We have purchased a policy of directors’ and officers’ liability insurance that insures our officers and directors against the cost of defense, settlement or payment of a judgment in some circumstances and insures us against our obligations to indemnify our officers and directors.

 

 

 

 

Item 7. Exemption from Registration Claimed.

 

Not applicable.

 

Item 8. Exhibits.

 

EXHIBIT
NUMBER
  DESCRIPTION
4.1   Amended and Restated Memorandum and Articles of Association of Freightos Limited (incorporated by reference to Exhibit 3.1 to the Registrant’s Registration Statement on Form F-1 (Registration No. 333-269911), filed with the SEC on February 22, 2023)
     
5.1   Opinion of Conyers Dill & Pearman LLP
     
23.1   Consent of Kost Forer Gabbay & Kasierer, independent registered accounting firm for Freightos Limited
     
23.2   Consent of Kost Forer Gabbay & Kasierer, independent registered accounting firm for Clearit Customs Services
     
23.3   Consent of Kost Forer Gabbay & Kasierer, independent registered accounting firm for 9T Technologies LLC
     
23.4   Consent of Marcum LLP, independent registered accounting firm for Gesher I Acquisition Corp.
     
23.5   Consent of Conyers Dill & Pearman LLP (contained in Exhibit 5.1)
     
24.1   Power of Attorney (included on signature page)
     
99.1   Freightos Limited 2022 Long-Term Incentive Plan (incorporated by reference to Exhibit 10.2 to the Registrant’s Registration Statement Form on F-1 (Registration No. 333-269911), filed with the SEC on February 22, 2023)
     
99.2   Tradeos Ltd. 2012 Global Incentive Option Scheme (incorporated by reference to Exhibit 10.1 to the Registrant’s Registration Statement Form on F-1 (Registration No. 333-269911), filed with the SEC on February 22, 2023)
     
107   Filing fee table

 

Item 9. Undertakings

 

(a)The undersigned Registrant hereby undertakes:

 

(1)To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:

 

(i)To include any prospectus required by Section 10(a)(3) of the Securities Act;

 

(ii)To reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in this Registration Statement; and

 

(iii)To include any material information with respect to the Plans not previously disclosed in this Registration Statement or any material change to such information in this Registration Statement;

 

providedhowever, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed by the Registrant pursuant to Section 13 or 15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.

 

(2)That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

 

 

 

 

(3)To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

 

(b)    The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant’s annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan’s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

 

(c)    Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

 

 

 

 

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 Jerusalem, Israel, on March 6, 2023.

 

     
  FREIGHTOS LIMITED
     
  By:  /s/ Zvi Schreiber
    Name: Zvi Schreiber
    Title: Chief Executive Officer

 

POWER OF ATTORNEY

 

KNOW ALL PERSONS BY THESE PRESENTS, each person whose signature appears below hereby constitutes and appoints Zvi Schreiber and Ran Shalev as his or her true and lawful attorney-in-fact, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities to sign any and all amendments, including post-effective amendments, to this Registration Statement on Form S-8 (including, without limitation, any additional registration statement filed pursuant to Rule 462 under the Securities Act of 1933, as amended), and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, and with full power of substitution; hereby ratifying and confirming all that each of said attorneys-in-fact, or his substitute or substitutes, may 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 and on the dates indicated:

 

Signature   Title   Date
         
/s/ Zvi Schreiber        
Zvi Schreiber  

Chief Executive Officer and Director

(Principal Executive Officer)

  March 6, 2023
         
/s/ Ran Shalev        
Ran Shalev  

Chief Financial Officer

(Principal Financial Officer and Principal Accounting Officer)

  March 6, 2023
         
/s/ William Chin        
William Chin   Director   March 6, 2023
         
/s/ Michael Eisenberg        
Michael Eisenberg   Director   March 6, 2023
         
/s/ Ezra Gardner        
Ezra Gardner   Director   March 6, 2023
         
/s/ Guillaume Halleux        
Guillaume Halleux   Director   March 6, 2023
         
/s/ Inna Kuznetsova        
Inna Kuznetsova   Director   March 6, 2023
         
/s/ Udo Lange        
Udo Lange   Director   March 6, 2023
         
/s/ Robert J. Mylod        
Robert J. Mylod   Director   March 6, 2023

 

/s/ Glen Schwaber        
Glen Schwaber   Director   March 6, 2023

 

 

 

 

AUTHORIZED REPRESENTATIVE 

 

Pursuant to the requirements of the Securities Act of 1933, as amended, the undersigned, the duly authorized representative in the United States of Freightos Limited has signed this registration statement in the City of New York, State of New York, on the 6th day of March, 2023.

 

  Authorized Representative in the United States — Cogency Global Inc.
   
  By: /s/ Colleen A. De Vries
  Name: Colleen A. De Vries
  Title: Senior Vice President
    on behalf of Cogency Global Inc.