As filed with the U.S. Securities and Exchange Commission on August 2, 2022.
Registration No. 333-266305
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 1
to
FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
AXIM Biotechnologies, Inc.
(Exact name of registrant as specified in its charter)
Nevada
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| 2834
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| 27-4029386
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(State or Other Jurisdiction of
Incorporation)
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| (Primary Standard Industrial
Classification Code Number)
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| (I.R.S. Employer
Identification No.)
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6191 Cornerstone Court, E. Suite 114
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San Diego, CA 92121
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(858) 923-4422
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(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)
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John W. Huemoeller II
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President
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AXIM Biotechnologies, Inc.
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6191 Cornerstone Court, E. Suite 114
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San Diego, CA 92121
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(858) 923-4422
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(Name, address, including zip code, and telephone number, including area code, of agent for service)
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Copies to:
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John P. Cleary, Esq.
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Christopher L. Tinen, Esq.
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Procopio, Cory, Hargreaves & Savitch LLP
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12544 High Bluff Drive, Suite 400
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San Diego, California 92130
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(619) 515-3221
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Approximate date of commencement of proposed sale to the public: From time to time after the effective date of this registration statement.
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: [X]
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 registration statement for the same offering. [ ]
If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier registration statement for the same offering. [ ]
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
| [ ]
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Non-accelerated filer
| [X]
| Smaller reporting company
| [X]
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Emerging growth company
| [ ]
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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, as amended, or until the registration statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.
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EXPLANATORY NOTE
AXIM Biotechnologies, Inc. is filing this Amendment No. 1 to its Registration Statement on Form S-1 (File No. 333-266305) as an exhibits-only filing. Accordingly, this Amendment consists only of the facing page, this explanatory note, Item 16(a) of Part II of the Registration Statement, the signature page to the Registration Statement and the filed exhibits. The remainder of the Registration Statement is unchanged and has therefore been omitted.
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item 16. Exhibits and Financial Statement Schedules.
(a) Exhibits
See the Exhibit Index attached to this Registration Statement, which is incorporated by reference herein.
EXHIBIT INDEX
Exhibits
| Exhibit #
| Incorporated by Reference
(Form Type)
| Filing Date
| Filed
Herewith
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Articles of Incorporation, as filed with the Nevada Secretary of State on November 18, 2010.
| 3.1
| 10-Q
| 11/14/2014
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Certificate of Amendment, as filed with the Nevada Secretary of State on July 24, 2014.
| 3.2
| 10-Q
| 11/14/2014
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Amended and Restated (as of August 17, 2016) Bylaws of AXIM Biotechnologies, Inc.
| 3.3
| 10-Q
| 8/22/2016
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Certificate of Designation of Series B Preferred Stock.
| 3.4
| 10-Q
| 8/22/2016
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Certificate of Designation of Series C Preferred Stock.
| 3.5
| 10-Q
| 8/22/2016
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Amended and Restated (as of August July 21, 2020) Bylaws of AXIM Biotechnologies, Inc.
| 3.6
| 8-K
| 07/24/2020
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Legal Opinion of Procopio, Cory, Hargreaves & Savitch LLP
| 5.1
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| X
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Letter of Intent (“Terms Sheet”) dated September 3, 2018, by and between Impression Healthcare Limited and AXIM Biotechnologies, Inc.
| 10.1
| 10-K (A/1)
| 10/30/2019
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Exclusivity Agreement dated September 3, 2018, by and between Impression Healthcare Limited and AXIM Biotechnologies, Inc.
| 10.2
| 10-K (A/1)
| 10/30/2019
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Amendment #1 to Exclusivity Agreement dated December 11, 2018, by and between Impression Healthcare Limited and AXIM Biotechnologies, Inc.
| 10.3
| 10-K (A/1)
| 10/30/2019
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Supply Agreement dated May 31, 2019, by and between Impression Healthcare Limited and AXIM Biotechnologies, Inc.
| 10.4
| 10-K (A/1)
| 10/30/2019
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6% Convertible Redeemable Note dated September 29, 2021, made by and between AXIM Biotechnologies, Inc. and GS Capital Partners, LLC, as amended.
| 10.5
| 8-K
| 02/16/2022
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Form of 3% Short Term Promissory Notes, dated February 10, 2022.
| 10.6
| 8-K
| 2/16/2022
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Form of 1.5% Short Term Promissory Notes, dated February 10, 2022.
| 10.7
| 8-K
| 2/16/2022
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Asset Purchase Agreement dated August 26, 2021, by and between AXIM Biotechnologies, Inc. and Advanced Tear Diagnostics, LLC.
| 10.8
| 10-K(A/1)
| 04/19/2022
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Binding Term Sheet Agreement dated August 3, 2021, by and between AXIM Biotechnologies, Inc. and Advanced Tear Diagnostics, LLC.
| 10.9
| 10-K(A/1)
| 04/19/2022
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May 1, 2019, License Agreement with CanChew Biotechnologies, LLC.
| 10.10
| 10-K
| 05/14/2020
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Termination Agreement dated March 3, 2022, by and between AXIM Biotechnologies, Inc. and Empowered Diagnostics, LLC
| 10.11
| 10-K(A/1)
| 04/19/2022
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Equity Purchase Agreement
| 10.12
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| X
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Code of Business Conduct and Ethics.
| 14.1
| 10-Q
| 11/20/2017
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Consent of Independent Registered Public Accounting Firm
| 23.1
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| X
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Consent of Procopio, Cory, Hargreaves & Savitch LLP (included in Exhibit 5.1)
| 23.2
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| X
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Power of Attorney (included on the signature page of this registration statement)
| 24.1
| S-1
| 05/14/2021
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Filing Fee Table
| 107
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| X
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II-4
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-1 and has duly caused this registration statement thereto to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of San Diego, California on this 2nd day of August, 2022.
AXIM BIOTECHNOLOGIES, INC.
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By:
| /s/ John W. Huemoeller II
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| John W. Huemoeller II
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| President and Director
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| Principal Executive Officer
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By:
| /s/ Robert Malasek
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| Robert Malasek
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| Chief Financial Officer
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| Principal Financial Officer
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Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.
Signature
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| Title
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| Date
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/s/ John W. Huemoeller II
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| President and Director
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| August 2, 2022
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John W. Huemoeller II
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| (Principal Executive Officer)
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/s/ Robert Malasek *
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| Chief Financial Officer
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| August 2, 2022
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Robert Malasek
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| (Principal Financial Officer)
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/s/ Timothy R. Scott, PhD *
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| Director
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| August 2, 2022
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Timothy R. Scott, PhD
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/s/ Robert Cunningham *
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| Director
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| August 2, 2022
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Robert Cunningham
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/s/ Blake N. Schroeder *
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| Director
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| August 2, 2022
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Blake N. Schroeder
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/s/ Peter O’Rourke *
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| Director
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| August 2, 2022
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Peter O’Rourke
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* By: /s/ John W. Huemoeller II
Attorney-in-fact
II-5