As filed with the Securities and Exchange Commission on November 22, 2023

Registration No. 333 -            

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form S-4

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

LINKBANCORP, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Pennsylvania     6022     82-5130531
(State or other jurisdiction of
incorporation or organization)
   

(Primary Standard Industrial

Classification Code Number)

   

(I.R.S. Employer

Identification Number)

1250 Camp Hill Bypass

Suite 202

Camp Hill, PA 17011

(855) 569-2265

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

 

 

Andrew Samuel

Chief Executive Officer

LINKBANCORP, Inc.

1250 Camp Hill Bypass

Suite 202

Camp Hill, PA 17011

(855) 569-2265

(Name, address, including zip code, and telephone number, including area code, of agent for service)

 

 

 

  Copies to:  

Benjamin M. Azoff, Esq.

Gregory M. Sobczak, Esq.

Luse Gorman, PC

5335 Wisconsin Avenue, N.W., Suite 780

Washington, D.C. 20015

(202) 274-2000

 

 

John W. Breda

President and Chief Executive Officer

Partners Bancorp

2245 Northwood Drive

Salisbury, Maryland 21801

(410) 548-1100

 

Seth A. Winter, Esq.

Gregory F. Parisi, Esq.

Troutman Pepper Hamilton Sanders LLP

1001 Haxall Point

Richmond, Virginia 23219

(804) 697-1200

 

 

Approximate date of commencement of proposed sale of the securities to the public: As soon as practicable after the effective date of this registration statement and the satisfaction or waiver of all other conditions under the Agreement and Plan of Merger described herein.


If the securities being registered on this form are being offered in connection with the formation of a holding company and there is compliance with General Instruction G, 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, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☒ 333-271516

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. ☐

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 of 1934, as amended.

 

Large Accelerated filer      Accelerated filer  
Non-accelerated filer      Smaller reporting company  
     Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.   ☐

If applicable, place an X in the box to designate the appropriate rule provision relied upon in conducting this transaction:

Exchange Act Rule 13e-4(i) (Cross-Border Issuer Tender Offer)  ☐

Exchange Act Rule 14d-1(d) (Cross-Border Third Party Tender Offer)  ☐

 

 

This registration statement will become effective automatically upon filing with the Securities and Exchange Commission pursuant to Rule 462(b) under the Securities Act of 1933, as amended.

 

 

 


EXPLANATORY NOTE

Pursuant to its Registration Statement on Form S-4 (Registration No. 333-271516) (the “Prior Registration Statement”), which was declared effective on May 12, 2023, LINKBANCORP, Inc., a Pennsylvania corporation (the “Company”) registered an aggregate of 20,948,972 shares of its common stock, $0.01 par value per share (the “Common Stock”) and paid an aggregate fee of $15,719. The Company is filing this Registration Statement on Form S-4 pursuant to General Instruction K to Form S-4 and Rule 462(b) under the Securities Act of 1933, as amended, solely to register an additional 32,168 shares of Common Stock for issuance in connection with the consummation of the merger contemplated by the Agreement and Plan of Merger, dated February 22, 2023, by and between the Company and Partners Bancorp, a Maryland corporation (“Partners”), due to an increased maximum amount of shares of Partners common stock outstanding at consummation of the merger related to restricted stock awards granted by Partners prior to the closing of the merger.

STATEMENT OF INCORPORATION BY REFERENCE

This Registration Statement incorporates by reference the contents of the Prior Registration Statement, including all amendments, supplements and exhibits thereto. Additional opinions and consents required to be filed with this Registration Statement are listed on the Exhibit Index included with this Registration Statement and filed herewith.


EXHIBIT INDEX

 

Exhibit No.    Description of Exhibit
5.1*    Opinion of Luse Gorman, PC
23.1*    Consent of Luse Gorman, PC (included in Exhibit 5.1)
23.2*    Consent of S.R. Snodgrass, P.C.
23.3*    Consent of Yount, Hyde & Barbour, P.C.
24.1**    Power of Attorney
107*    Calculation of Filing Fee

 

*

Filed herewith.

 

**

Filed as Exhibit 24.1 to the Company’s Registration Statement on Form S-4 (File No. 333-271516), as amended, initially filed with the Securities and Exchange Commission on April 28, 2023.


SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Camp Hill, Commonwealth of Pennsylvania, on the 22nd day of November, 2023.

 

LINKBANCORP, INC.
By:  

/s/ Andrew Samuel

 

Andrew Samuel
Chief Executive Officer

(Principal 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 on November 22, 2023.

 

Signatures

                  

Title

/s/ Andrew Samuel

Andrew Samuel

      Chief Executive Officer and Director (Principal Executive Officer)

/s/ Kristofer Paul

Kristofer Paul

      Chief Financial Officer (Principal Financial and Accounting Officer)

*

Jennifer Delaye

      Director

*

Anson Flake

      Director

*

George Parmer

      Director

*

Debra Pierson

      Director

*

Diane Poillon

      Director

*

William Pommerening

  

            

   Director


*

Brent Smith

  

            

   Executive Vice President and Director

*

Joseph C. Michetti, Jr.

      Chairman of the Board

*

Kristen Snyder

      Director

*

David Koppenhaver

      Director

*

Steven Tressler

      Director

*

William Jones

      Director

 

*

Andrew Samuel, by signing his name hereto, signs this Registration Statement on behalf of the directors of the registrant above in front of whose name an asterisk appears pursuant to powers of attorney duly executed by such directors and previously filed with the Securities and Exchange Commission.

 

By:  

/s/ Andrew Samuel

Name:   Andrew Samuel
Title:   Attorney-in-fact

 

Exhibit 5.1

LUSE GORMAN, PC

ATTORNEYS AT LAW

5335 WISCONSIN AVENUE, N.W., SUITE 780

WASHINGTON, D.C. 20015

 

 

TELEPHONE (202) 274-2000

FACSIMILE (202) 362-2902

www.luselaw.com

November 22, 2023

LINKBANCORP, Inc.

1250 Camp Hill Bypass

Suite 202

Camp Hill, PA 17011

Ladies and Gentlemen:

We have acted as special counsel to LINKBANCORP, Inc., a Pennsylvania corporation (the “Company”), in connection with (a) its registration statement on Form S-4 (File No. 333-271516), as amended (the “Original Registration Statement”), filed with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Act”), and (b) its related registration statement on Form S-4 filed with the Securities and Exchange Commission pursuant to Rule 462(b) under the Act (the “462(b) Registration Statement,” and together with the Original Registration Statement, the “Registration Statement”). This opinion letter is furnished in connection with the Company’s filing of the 462(b) Registration Statement relating to the proposed offering of up to an additional 32,168 shares of the common stock, par value $0.01 per share, of the Company (the “Shares”), in connection with the merger contemplated by the Agreement and Plan of Merger, dated as of February 22, 2023 (the “Merger Agreement”), by and between the Company and Partners Bancorp, a Maryland corporation.

In rendering the opinion set forth below, we do not express any opinion concerning law other than the corporate law of the Commonwealth of Pennsylvania. We have not passed upon and do not purport to pass upon the application of securities or “blue-sky” laws of any jurisdiction.

We have examined originals or copies, certified or otherwise identified, of such documents, corporate records and other instruments, and have examined such matters of law, as we have deemed necessary or advisable for purposes of rendering the opinion set forth below. As to matters of fact, we have examined and relied upon the representations of the Company contained in the Registration Statement and, where we have deemed appropriate, representations or certificates of officers of the Company or of public officials. We have assumed the authenticity of all documents submitted to us as originals, the genuineness of all signatures, the legal capacity of natural persons and the conformity to the originals of all documents submitted to us as copies. In making our examination of any documents, we have assumed that all parties other than the Company had the corporate power and authority to enter into and perform all obligations thereunder, and, as to such other parties, we have also assumed the due authorization by all requisite action, the due execution and delivery of such documents and the validity and binding effect and enforceability thereof.

Based on and subject to the foregoing, we are of the opinion that the Shares are duly authorized and, following the effectiveness of the 462(b) Registration Statement and when issued as contemplated in the Registration Statement and the Merger Agreement, will be validly issued, fully paid and nonassessable.

We consent to the filing of this opinion as an Exhibit to the 462(b) Registration Statement and to the reference to our firm under the heading “Legal Matters” in the joint proxy statement/prospectus which is part of such Original Registration Statement. In giving such consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the SEC thereunder.


LUSE GORMAN, PC

November 22, 2023

 

Very truly yours,

/s/ LUSE GORMAN, PC

LUSE GORMAN, PC

LOGO

EXHIBIT 23.2

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the incorporation by reference in this Registration Statement on Form S-4 pursuant to Rule 462(b) under the Securities Act of 1933 of our report dated March 30, 2023, relating to the consolidated financial statements of LINKBANCORP, Inc. and subsidiaries appearing in the Registration Statement on Form S-4, File No. 333-271516.

/s/ S.R. Snodgrass, P.C.

Cranberry Township, Pennsylvania

November 22, 2023

 

PITTSBURGH, PA    PHILADELPHIA, PA    WHEELING, WV    STEUBENVILLE, OH
2009 Mackenzie Way • Suite 340    2100 Renaissance Blvd. • Suite 110    980 National Road    511 N. Fourth Street
Cranberry Township, PA 16066    King of Prussia, PA 19406    Wheeling, WV 26003    Steubenville, OH 43952
(724) 934-0344    (610) 278-9800    (304) 233-5030    (304) 233-5030

S.R. Snodgrass, P.C. d/b/a S.R. Snodgrass, A.C. in West Virginia

Exhibit 23.3

 

LOGO

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the incorporation by reference in this Registration Statement on Form S-4 of our report dated March 29, 2023, relating to the consolidated financial statements of Partners Bancorp, appearing in the Annual Report on Form 10-K of Partners Bancorp for the year ended December 31, 2022.

/s/ Yount, Hyde & Barbour, P.C.

Richmond, Virginia

November 22, 2023

Exhibit 107

Calculation of Filing Fee Tables

Form S-4

(Form Type)

LINKBANCORP, Inc.

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities and Carry Forward Securities

 

                         
     Security
Type
 

Security
Class

Title

  Fee
Calculation
Rule
  Amount
Registered (1)
 

Proposed
Maximum

Aggregate
Offering
Price Per
Unit

  Maximum
Aggregate
Offering
Price (2)
 

Fee

Rate

  Amount of
Registration
Fee (3)
 

Carry
Forward

Form
Type

 

Carry

Forward

File

Number

  Carry
Forward
Initial
effective
date
  Filing Fee
Previously
Paid In
Connection
with
Unsold
Securities
to be
Carried
Forward
 
Newly Registered Securities
                         

Fees to Be

Paid

  Equity   Common stock, $0.01 par value per share   Other   32,168   N/A   $226,946   0.00014760   $34          
                         

Fees

Previously

Paid

                         
 
Carry Forward Securities
                         

Carry

Forward

Securities

                         
                   
    Total Offering Amounts          $34          
                   
    Total Fees Previously Paid          —            
                   
    Total Fee Offsets          —            
                   
    Net Fee Due                $34                

 


Table 2: Fee Offset Claims and Sources

N/A

Table 3: Combined Prospectuses

N/A

 

(1)    Relates to common stock, par value $0.01 per share of LINKBANCORP, Inc., a Pennsylvania corporation (“LINK”) to be issuable to holders of common stock, $0.01 par value per share of Partners Bancorp, a Maryland corporation (“Partners”), in the proposed merger transaction described herein. The amount of LINK common stock being registered reflects the estimated maximum number of additional shares of LINK common stock that are expected to be issued pursuant to the merger, due to an increased maximum amount of shares of Partners common stock outstanding related to underlying restricted stock awards granted prior to the closing of the merger. LINK previously registered 20,948,972 shares of LINK common stock pursuant to the Registration Statement on Form S-4 (Registration No. 333-271516), which was declared effective on May 12, 2023 in connection with the proposed merger transaction described herein.
(2)    Estimated solely for the purpose of calculating the registration fee required by Section 6(b) of the Securities Act of 1933, as amended (the “Securities Act”) and calculated in accordance with Rules 457(c) and 457(f)(1) promulgated thereunder. The aggregate offering price is (i) the average of the high and low prices of Partners common stock as reported on the NASDAQ Capital Market on November 20, 2023 ($7.055) multiplied by (ii) 32,168, the estimated maximum additional number of shares of Partners common stock to be converted in the merger.
(3)    Calculated by multiplying the estimated aggregate offering price of securities to be registered by 0.00014760.

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