EXPLANATORY NOTE
DEREGISTRATION OF SECURITIES
This Post-Effective Amendment relates to the following Registration Statements filed by Echelon Corporation, a Delaware corporation (
Echelon
), on Form S-8 (collectively, the
Registration Statements
):
·
Registration Statement No. 333-215219, originally filed with the Securities and Exchange Commission (the
SEC
) on December 21, 2016, which registered the offer and sale of 903,427 shares of Echelons common stock, $0.01 par value per share (
Shares
) issuable pursuant to the Echelon Corporation 2016 Equity Incentive Plan (the
2016 Plan
);
·
Registration Statement No. 333-210846, originally filed with the SEC on April 21, 2016, which registered the offer and sale of 250,000 Shares pursuant to the 2016 Inducement Equity Incentive Plan;
·
Registration Statement No. 333-168601, originally filed with the SEC on August 6, 2010, which registered the offer and sale of 3,258,512 Shares issuable pursuant to the 1997 Stock Plan (the
1997 Plan
);
·
Registration Statement No. 333-149783, originally filed with the SEC on March 18, 2008, which registered the offer and sale of 4,785,775 Shares pursuant to the 1997 Plan;
·
Registration Statement No. 333-125395, originally filed with the SEC on June 1, 2005, which registered the offer and sale of 3,667,961 Shares issuable pursuant the 1997 Plan and 200,000 Shares issuable pursuant to the 1998 Director Option Plan (the
Director Plan
);
·
Registration Statement No. 333-110679, originally filed with the SEC on November 21, 2003, which registered the offer and sale of 1,986,277 Shares issuable pursuant the 1997 Plan and 100,000 Shares issuable pursuant to the Director Plan;
·
Registration Statement No. 333-88880, originally filed with the SEC on May 23, 2002, which registered the offer and sale of 3,840,152 Shares issuable pursuant the 1997 Plan and 200,000 Shares issuable pursuant to the Director Plan;
·
Registration Statement No. 333-44198, originally filed with the SEC on August 21, 2000, which registered the offer and sale of 3,289,153 Shares issuable pursuant the 1997 Plan and 200,000 Shares issuable pursuant to the Director Plan; and
·
Registration Statement No. 333-62045, originally filed with the SEC on August 21, 1998, which registered the offer and sale of 1,775,641 Shares pursuant to the 1988 Stock Option Plan, 5,831,163 Shares pursuant to the 1997 Plan and 300,000 Shares pursuant to the Director Plan.
Echelon is filing this Post-Effective Amendment to the Registration Statements to withdraw and remove any unissued and unsold securities issuable by Echelon pursuant to the above-referenced Registration Statements.
On September 14, 2018, pursuant to the Agreement and Plan of Merger, dated as of June 28, 2018 (the
Agreement
), by and among Echelon, Adesto Technologies Corporation, a Delaware corporation (
Adesto
) and Circuit Acquisition Corporation, a Delaware corporation and a wholly-owned subsidiary of Adesto (
Merger Sub
), Merger Sub merged with and into Echelon, with Echelon continuing as the surviving corporation and a wholly-owned subsidiary of Adesto.
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As a result of the consummation of the transactions contemplated by the Agreement, Echelon has terminated all offerings of its securities pursuant to the above-referenced Registration Statements. In accordance with an undertaking made by Echelon in Part II of each of the Registration Statements to remove from registration, by means of a post-effective amendment, any securities that had been registered for issuance that remain unsold at the termination of the offering, Echelon hereby removes and withdraws from registration all such securities of Echelon registered under the Registration Statements that remain unsold as of the date of this Post-Effective Amendment.
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 Post-Effective Amendment to the Registration Statements to be signed on its behalf by the undersigned, thereunto duly authorized, in the in the City of Santa Clara, State of California, on this 14th day of September 2018. No other person is required to sign this Post-Effective Amendment to the Registration Statements in reliance on Rule 478 of the Securities Act of 1933, as amended.
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ECHELON CORPORATION
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By:
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/s/ Narbeh Derhacobian
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Name:
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Narbeh Derhacobian
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Title:
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President and Chief Executive Officer
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