AGRIBIOTECH INC
POS AM, 1999-06-21
AGRICULTURAL PRODUCTION-CROPS
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As filed with the Securities and Exchange Commission on June 21, 1999
                                                      Registration No. 333-71477
- --------------------------------------------------------------------------------

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                             -----------------------

                                 POST EFFECTIVE
                               AMENDMENT NO. 1 TO
                                    FORM S-3

                             REGISTRATION STATEMENT
                        UNDER THE SECURITIES ACT OF 1933

                                AGRIBIOTECH, INC.
             ------------------------------------------------------
            (Exact Name of Registrant as Specified in its Charter)

                Nevada                                 85-0325742
     ------------------------------               ---------------------
    (State or Other Jurisdiction of              (I.R.S. Employer
     Incorporation or Organization)               Identification Number)

                            120 Corporate Park Drive
                             Henderson, Nevada 89014
                                 (702) 566-2440
       ------------------------------------------------------------------
       (Address, Including Zip Code, and Telephone Number, Including Area
               Code, of Registrant's Principal Executive Offices)

               Mr. Randy Ingram, Executive Vice-President and CFO
                                AgriBioTech, Inc.
                            120 Corporate Park Drive
                             Henderson, Nevada 89014
                                 (702) 566-2440
       ------------------------------------------------------------------
       (Name, Address, Including Zip Code, and Telephone Number, Including
                        Area Code, of Agent for Service)

                                   Copies to:

                             Elliot H. Lutzker, Esq.
                             Snow Becker Krauss P.C.
                                605 Third Avenue
                            New York, New York 10158
                     Tel: (212) 687-3860 Fax: (212) 949-7052

     Approximate date of commencement of proposed sale to the public: N/A.

     If the only  securities  being  registered  on this form are being  offered
pursuant to 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. [_]

     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 delivery of the  prospectus is expected to be made pursuant to Rule 434,
please check the following box. [_]

<PAGE>

                          ----------------------------

                                EXPLANATORY NOTE

     This  Post-Effective  Amendment to Registration  Statement on Form S-3 (No.
333-71477) of  AgriBioTech,  Inc.  ("ABT") is being filed to withdraw  2,093,890
shares of ABT common stock that were registered in this  Registration  Statement
when originally filed, but that have not been issued. The shares of common stock
to which this  post-effective  amendment  applies were registered as part of the
3,796,890  shares  described  in footnote (2) under the heading  Calculation  of
Registration Fee on page (ii) of Amendment No. 2 to this Registration  Statement
dated March 30,  1999.  This  Registration  Statement  was  originally  filed to
register  1,703,000 shares issuable upon possible future  conversion of ABT's 5%
subordinated  convertible debentures due December 30, 2001, at $13.68 per share,
390,890 shares  issuable upon payment (in the form of shares of common stock) of
interest on the  debentures,  and  1,703,000  shares  issuable  upon exercise of
common  stock  purchase  warrants  at $15.00 per  share.  On May 28,  1999,  ABT
completed  an early  redemption  of all  $23.3  million  of the 5%  subordinated
convertible debentures.  Therefore,  the 1,703,000 shares issuable upon possible
future conversion of the debentures and the 390,890 shares issuable upon payment
of interest on the debentures  will never be issued and are being withdrawn from
this  Registration  Statement.  The 1,703,000  shares  issuable upon exercise of
common stock purchase warrants continue to be registered under this Registration
Statement.

<PAGE>

                                  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  Post-Effective
Amendment  to the  Registration  Statement  to be  signed  on its  behalf by the
undersigned,  thereunto  duly  authorized,  in the City of  Henderson,  State of
Nevada, on June 18, 1999.


                                          AGRIBIOTECH, INC.



                                          By: /s/ Randy Ingram
                                              ---------------------------
                                              Randy Ingram, Executive Vice-
                                              President, CFO



     Pursuant  to  the   requirements  of  the  Securities  Act  of  1933,  this
Registration Statement has been signed by the following persons on behalf of the
Registrant June 18, 1999 and in the capacities and on the dates indicated.

<TABLE>
<S>                                <C>                                                         <C>
           *                       Chairman of the Board, Chief Executive Officer
- ----------------------------         (Principal Executive Officer) and Director
Richard P. Budd

/s/ Randy Ingram                   Executive Vice-President, Chief Financial Officer
- ----------------------------         (Principal Financial and Accounting Officer)
Randy Ingram                         and Director

           *                       Executive Vice-President, Director of Research
- ----------------------------         and Director
Thomas R. Rice

           *                       Director
- ----------------------------
James W. Hopkins

           *
- ----------------------------       Director
James W. Johnston


- ----------------------------       Director
L. Glenn Orr
</TABLE>

- -------------
*    The  undersigned,  by  signing  his name  hereto,  does  hereby  sign  this
     registration  Statement  on  behalf  of the  above-indicated  officers  and
     directors of the Registrant  pursuant to powers of attorney  signed by such
     officers and directors.

     /s/ Randy Ingram
- --------------------------------
Randy Ingram as Attorney-in-
     fact



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