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AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON DECEMBER 9, 1999
REGISTRATION NO. 333-
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
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NEXTCARD, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
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DELAWARE 6141 68-0384-606
(STATE OR OTHER JURISDICTION OF (PRIMARY STANDARD INDUSTRIAL (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) CLASSIFICATION CODE NUMBER) IDENTIFICATION NUMBER)
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JEREMY R. LENT
CHIEF EXECUTIVE OFFICER
NEXTCARD, INC.
595 MARKET STREET, SUITE 1800
SAN FRANCISCO, CALIFORNIA 94105
(415) 836-9700
(ADDRESS, INCLUDING ZIP CODE, AND TELEPHONE NUMBER, INCLUDING AREA CODE, OF
REGISTRANT'S PRINCIPAL EXECUTIVE OFFICES)
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COPIES TO:
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RONALD H. STAR, ESQ. MICHAEL J. HALLORAN, ESQ.
JOANNE BAL, ESQ. KAREN A. DEMPSEY, ESQ.
ELIZABETH B. KENT, ESQ. DAVINA K. KAILE, ESQ.
BRETT MCDONNELL, ESQ. KAREN M. YAN, ESQ.
HOWARD, RICE, NEMEROVSKI, CANADY, PILLSBURY MADISON & SUTRO LLP
FALK & RABKIN, A PROFESSIONAL CORPORATION 235 MONTGOMERY STREET
THREE EMBARCADERO CENTER, SUITE 700 SAN FRANCISCO, CALIFORNIA 94104
SAN FRANCISCO, CALIFORNIA 94111 (415) 983-1000
(415) 434-1600
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APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC:
As soon as practicable after the effective date of this Registration Statement.
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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, as amended, 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] 333-91333
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 effective 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 effective registration statement
for the same offering. [ ]
If 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 PROPOSED MAXIMUM
TITLE OF EACH CLASS OF AMOUNT TO BE OFFERING PRICE PER AGGREGATE OFFERING AMOUNT OF
SECURITIES TO BE REGISTERED REGISTERED(1) UNITS (2) PRICE(1)(2) REGISTRATION FEE
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Common Stock, $.001 par
value....................... 1,150,000 $35.125 $40,393,750 $10,664
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(1) Includes shares subject to over-allotment option granted to the
underwriters.
(2) Estimated solely for the purpose of calculating the registration fee
pursuant to Rule 457(c) of the Securities Act of 1933, as amended,
based upon the average of the high and low prices of the common stock
as reported on the Nasdaq National Market on December 8, 1999.
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INCORPORATION OF CERTAIN INFORMATION BY REFERENCE
This Registration Statement is filed with the Securities and Exchange
Commission (the "Commission") under the Securities Act of 1933, as amended (the
"Act") by NextCard, Inc. (the "Company"), pursuant to Rule 462(b) under the Act.
This Registration Statement incorporates by reference the contents of the
Registration Statement on Form S-1 (File No. 333-91333) relating to the offering
of up to 8,050,000 shares of Common Stock of the Company.
CERTIFICATION
The Company hereby certifies to the Commission that (i) it has instructed
its bank to pay the Commission the filing fee set forth on the cover page of
this Registration Statement by a wire transfer of such amount to the
Commission's account at Silicon Valley Bank as soon as practicable (but no later
than the close of business on December 10, 1999), (ii) it will not revoke such
instructions, (iii) it has sufficient funds in the relevant account to cover the
amount of such filing fee, and (iv) it will confirm receipt of such instructions
by the bank during regular business hours on December 10, 1999.
2
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SIGNATURES
Pursuant to the requirements of the Securities Act, we have had duly caused
this Form S-1 registration statement to be signed by the undersigned, thereunto
duly authorized, in the city of San Francisco, State of California, on the 9th
day of December, 1999.
NEXTCARD, INC.
By: *
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Jeremy R. Lent
Chairman of the Board, Chief
Executive Officer and President
Each person whose signature appears below constitutes and appoints John V.
Hashman and Robert Linderman as his true and lawful attorneys-in-fact and
agents, with full power of substitution for him in any and all capacities, to
sign any and all amendments (including post-effective amendments) and other
documents in connection therewith, with the Securities and Exchange Commission
granting unto said attorney-in-fact and agents 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 to all intents and purposes as he might or could
do in person.
Pursuant to the requirements of the Securities Act, this registration
statement has been signed by the following persons in the capacities and on the
dates indicated.
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SIGNATURE TITLE DATE
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* Chairman of the Board, Chief Executive December 9, 1999
- - - - - - - - - - - --------------------------------------------------- Officer, President and Director
Jeremy R. Lent (Principal Executive Officer)
* Chief Financial Officer (Principal December 9, 1999
------------------------------------------------- Financial and Accounting Officer)
John V. Hashman
* Director December 9, 1999
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Jeffrey D. Brody
* Director December 9, 1999
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Alan N. Colner
* Director December 9, 1999
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Daniel R. Eitington
* Director December 9, 1999
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Tod H. Francis
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SIGNATURE TITLE DATE
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* Director December 9, 1999
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Safi U. Qureshey
* Director December 9, 1999
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Bruce G. Rigione
*By: /s/ JOHN V. HASHMAN
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Attorney-in-fact
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EXHIBIT INDEX
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EXHIBIT SEQUENTIALLY
NUMBER DESCRIPTION OF DOCUMENT NUMBERED PAGE
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5.1++ Opinion of Howard, Rice, Nemerovski, Canady, Falk & Rabkin,
A Professional Corporation..................................
23.1 Consent of Ernst & Young LLP................................
23.2++ Consent of Howard, Rice, Nemerovski, Canady, Falk & Rabkin,
A Professional Corporation (included in its opinion as
Exhibit 5.1 to this Registration Statement).................
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++ To be filed by amendment.
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CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS
We consent to the reference to our firm under the caption "Experts" and to the
use of our report dated February 5, 1999, except as to Note 4, as to which the
date is May 13, 1999, in the Registration Statement on Form S-1 to be filed
with the Securities and Exchange Commission on or about December 9, 1999, and
the related Prospectus of NextCard, Inc. and subsidiary for the registration of
8,000,000 shares of its common stock.
San Francisco, California
December 7, 1999
