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AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON FEBRUARY 8, 2000.
REGISTRATION NO.
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM S-3
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
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MGC COMMUNICATIONS, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
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NEVADA 4813 88-0360042
(STATE OR OTHER JURISDICTION OF (PRIMARY STANDARD INDUSTRIAL (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) CLASSIFICATION CODE NUMBER) IDENTIFICATION NO.)
171 SULLY'S TRAIL, SUITE 202 KENT F. HEYMAN, ESQ.
PITTSFORD, NEW YORK 14534 171 SULLY'S TRAIL, SUITE 202
(716) 218-6550 PITTSFORD, NEW YORK 14534
(ADDRESS, INCLUDING ZIP CODE, (716) 218-6550
AND TELEPHONE NUMBER, INCLUDING (NAME, ADDRESS, INCLUDING ZIP CODE,
AREA CODE, OF REGISTRANT'S AND TELEPHONE NUMBER, INCLUDING
PRINCIPAL EXECUTIVE OFFICES) AREA CODE, OF AGENT FOR SERVICE)
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COPIES TO:
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ROBERT B. GOLDBERG, ESQ. RALPH J. SUTCLIFFE, ESQ.
ELLIS, FUNK, GOLDBERG, LABOVITZ & DOKSON, P.C. KRONISH LIEB WEINER & HELLMAN LLP
3490 PIEDMONT ROAD, N.E., SUITE 400 1114 AVENUE OF THE AMERICAS, 46TH FLOOR
ATLANTA, GEORGIA 30305 NEW YORK, NEW YORK 10036
(404) 233-2800 (212) 479-6000
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APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC: The sale of
securities under this Registration Statement will begin as soon as practicable
after the effective date of this Registration Statement.
If the only securities being registered on this Form are being offered in
connection with dividend or interest reinvestment plans, please check the
following box: [ ]
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, other than securities offered only in connection with dividend or interest
reinvestment plans, check the following box. [ ]
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. [X] 333-91353
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 effective registration statement
for the same offering. [ ] _____________
If the delivery of the prospectus is expected to be made pursuant to Rule
434, please check the following box. [ ]
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CALCULATION OF REGISTRATION FEE
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PROPOSED MAXIMUM
TITLE OF EACH CLASS AGGREGATE AMOUNT OF
OF SECURITIES TO BE REGISTERED OFFERING PRICE(1) REGISTRATION FEE
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Common Stock, $.001 par value............................... $54,958,500 $14,509.04
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Series D Convertible Preferred Stock, $.001 par value....... $34,500,000 $ 9,108.00
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(1) Estimated solely for purpose of calculating the registration fee.
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INCORPORATION BY REFERENCE OF REGISTRATION ON FORM S-3,
COMMISSION FILE NO. 333-91353
MGC Communications, Inc. (the "Company") hereby incorporates by reference
into this Registration Statement on Form S-3 in its entirety the Registration
Statement on Form S-3 (Commission File No. 333-91353) declared effective on
February 4, 2000 by the Securities and Exchange Commission (the "Commission"),
including each of the documents filed by the Company with the Commission and
incorporated or deemed to be incorporated by reference therein.
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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-3 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Rochester, State of New York, on this 7th day of
February, 2000.
MGC COMMUNICATIONS, INC.
By: /s/ ROLLA P. HUFF
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Rolla P. Huff, President and
Chief Executive Officer
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons in the
capacities indicated.
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/s/ ROLLA P. HUFF February 7, 2000
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Rolla P. Huff, President
(Chief Executive Officer) and Director
/s/ MICHAEL R. DALEY February 7, 2000
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Michael R. Daley, Executive Vice President (Chief
Financial Officer)
/s/ LINDA M. SUNBURY February 7, 2000
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Linda M. Sunbury, Senior Vice President
(Principal Accounting Officer)
/s/ MAURICE J. GALLAGHER, JR.* February 7, 2000
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Maurice J. Gallagher, Jr., Director
(Chairman of the Board)
/s/ TIMOTHY P. FLYNN* February 7, 2000
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Timothy P. Flynn, Director
February , 2000
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Jack L. Hancock, Director
/s/ DAVID KRONFELD* February 7, 2000
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David Kronfeld, Director
February , 2000
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Mark J. Masiello, Director
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/s/ THOMAS NEUSTAETTER* February 7, 2000
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Thomas Neustaetter, Director
February , 2000
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Paul J. Salem, Director
* /s/ MICHAEL R. DALEY
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By: Michael R. Daley as Attorney-in-fact
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EXHIBIT INDEX
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EXHIBIT NO. AND DESCRIPTION PAGE
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Legal opinion of Ellis, Funk, Goldberg, Labovitz & Dokson,
5.1 P.C.
Tax opinion of Ellis, Funk, Goldberg, Labovitz & Dokson,
8.1* P.C.
23.1 Consent of Arthur Andersen LLP.
23.2 Consent of KPMG LLP.
Consent of Ellis, Funk, Goldberg, Labovitz & Dokson, P.C.
23.3 (included in Exhibit 5.1)
24.1* Power of Attorney
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* Incorporated by reference to the Company's Registration Statement on Form S-3
(Commission File No. 333-91353).
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Exhibit 5.1
[ELLIS, FUNK, GOLDBERG, LABOVITZ & DOKSON, P.C. LETTERHEAD]
February , 2000
MGC Communications, Inc.
171 Sully's Trail, Suite 202
Pittsford, NY 14534
Re: MGC Communications, Inc. Registration Statement on Form S-3
Ladies and Gentlemen:
At your request, we have examined the Registration Statement on Form S-3
filed by MGC Communications, Inc. (the "Company"), a Nevada corporation, with
the Securities and Exchange Commission with respect to the registration under
the Securities Act of 1933, as amended, of (i) up to 1,017,750 shares of Common
Stock, $.001 par value per share, of the Company (the "Common Stock"), including
885,000 shares to be sold by the Company to the underwriters named in the
Registration Statement (the "Underwriters"), for resale by them to the public,
and 132,750 shares of Common Stock subject to an over-allotment option granted
to the Underwriters by the Company, and (ii) 690,000 shares of Series D
Convertible Preferred Stock, $.001 par value per share, of the Company (the
"Preferred Stock"), including 600,000 shares to be sold by the Company to the
Underwriters for resale by them to the public and 90,000 shares of Preferred
Stock subject to an over-allotment option granted to the Underwriters by the
Company.
As your counsel, and in connection with the preparation of the Registration
Statement, we have examined the originals or copies of such documents,
corporate records, certificates of public officials, officers of the Company
and other instruments relating to the authorization and issuance of the Common
Stock and Preferred Stock as we deemed relevant or necessary for the opinions
herein expressed. Upon the basis of the foregoing, it is our opinion that:
The shares of Common Stock and Preferred Stock to be issued and sold
by the Company to the Underwriters will be, upon issuance, sale and
delivery in the manner and under the terms and conditions described in
the Registration Statement, legally issued, fully-paid and
nonassessable.
We hereby consent to the use of this opinion as an exhibit to the
Registration Statement and further consent to the use of our name in the "Legal
Matters" section of the Registration Statement, including the Prospectus
constituting a part thereof, and any amendments thereto.
Your truly,
ELLIS, FUNK, GOLDBERG, LABOVITZ & DOKSON, P.C.
By: /s/ Robert B. Goldberg
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Robert B. Goldberg
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EXHIBIT 23.1
CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS
As independent public accountants, we hereby consent to the use of our report
included in this Registration Statement and to the incorporation by reference in
this Registration Statement of our report dated March 2, 1999 included in MGC
Communications, Inc.'s Annual Report on Form 10-K for the year ended December
31, 1998 and to all references to our Firm included in this Registration
Statement.
ARTHUR ANDERSEN LLP
Las Vegas, Nevada
February 3, 2000
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EXHIBIT 23.2
INDEPENDENT AUDITORS' CONSENT
The Board of Directors
MGC Communications, Inc.:
We consent to the use of our report, dated August 18, 1997, relating to the
statements of operations, stockholders' equity and cash flows of MGC
Communications, Inc. for the year ended December 31, 1996, included in the Form
S-3 Registration Statement of MGC Communications, Inc., to be filed on or
about February 8, 2000, and to the reference to our firm under the heading
"Selected Consolidated Financial and Operating Data" and "Experts" in the
Registration Statement.
KPMG LLP
Las Vegas, Nevada
February 3, 2000
