# EDGAR Filing Document

**Accession Number:** 0000805928
**File Stem:** 0000805928-25-000109
**Filing Date:** 2025-8
**Character Count:** 18939
**Document Hash:** 1c0e4adbb8a0af4f740ece7191b3c47c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000805928-25-000109.hdr.sgml**: 20250805

**ACCESSION NUMBER**: 0000805928-25-000109

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 15

**FILED AS OF DATE**: 20250805

**DATE AS OF CHANGE**: 20250805

**EFFECTIVENESS DATE**: 20250805

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Axogen, Inc.
- **CENTRAL INDEX KEY:** 0000805928
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 411301878
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-289269
- **FILM NUMBER:** 251186156

**BUSINESS ADDRESS:**
- **STREET 1:** 13631 PROGRESS BLVD.
- **STREET 2:** SUITE 400
- **CITY:** ALACHUA
- **STATE:** FL
- **ZIP:** 32615
- **BUSINESS PHONE:** (386) 462-6817

**MAIL ADDRESS:**
- **STREET 1:** 13631 PROGRESS BLVD.
- **STREET 2:** SUITE 400
- **CITY:** ALACHUA
- **STATE:** FL
- **ZIP:** 32615

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AxoGen, Inc.
- **DATE OF NAME CHANGE:** 20111004

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LECTEC CORP /MN/
- **DATE OF NAME CHANGE:** 19920703

**As filed with the Securities and Exchange Commission on August 5, 2025**

**Registration No. 333-**

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM S-8**

**REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933**

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| |
|:---|
| **AXOGEN, INC.** |
| (Exact name of registrant as specified in its charter) |

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| | |
|:---|:---|
| **Minnesota** | **41-1301878** |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
| **13631 Progress Blvd., Suite 400 Alachua, Florida** | **32615** |
| (Address of Principal Executive Offices) | (Zip Code) |

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| |
|:---|
| **AXOGEN, INC. FOURTH AMENDED AND RESTATED<br>2019 LONG-TERM INCENTIVE PLAN** |
| (Full title of the plan) |

---

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| | |
|:---|:---|
| **Marc Began**<br>**General Counsel**<br>**Axogen, Inc.**<br>**13631 Progress Boulevard, Suite 400**<br>**Alachua, Florida 32615**<br>**(386) 462-6800** | **Jaclyn Liu, Esq.**<br>**Morrison & Foerster LLP**<br>**425 Market Street**<br>**San Francisco, CA 94105** |
| (Name, address, telephone number, including<br>area code, of agent for service) | (Copy to) |

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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.

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| | |
|:---|:---|
| Large accelerated filer ☐ | Accelerated filer ☑ |
| Non-accelerated filer ☐ | Smaller reporting company ☐ |
| | Emerging growth company ☐ |

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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. ☐

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**REGISTRATION OF ADDITIONAL SECURITIES** 

**EXPLANATORY NOTE**

Axogen, Inc. (the "Registrant") has prepared this registration statement (this "Registration Statement") in accordance with the requirements of Form S-8 under the Securities Act of 1933, as amended, to register 2,900,000 additional shares of common stock, par value $0.01 per share, of the Registrant (the "Common Stock") that became available for issuance pursuant to the Axogen, Inc. Fourth Amended and Restated 2019 Long-Term Incentive Plan (the "Equity Plan"). The Equity Plan, including the shares of Common Stock available for issuance pursuant thereto, has been previously approved by the Registrant's shareholders and Registration Statements of the Registrant on Form S-8 relating to the Equity Plan are effective.

**INCORPORATION BY REFERENCE OF CONTENTS OF CERTAIN REGISTRATION STATEMENTS ON FORM S-8**

Pursuant to General Instruction E of Form S-8, this Registration Statement hereby incorporates by reference the contents of (i) the registration statement on Form S-8 filed by the Registrant with the Securities and Exchange Commission (the "Commission") on <u>[August 22, 2019](https://www.sec.gov/Archives/edgar/data/805928/000155837019008297/s-8.htm)</u> (Registration No. 333-233416), (ii) the registration statement on Form S-8 filed by the Registrant with the Commission on <u>[May 11, 2021](https://www.sec.gov/Archives/edgar/data/805928/000119312521157043/d195760ds8.htm)</u> (Registration No. 333-255992), (iii) the registration statement on Form S-8 filed by the Registrant with the Commission on <u>[May 31, 2022](https://www.sec.gov/Archives/edgar/data/805928/000114036122021307/brhc10038163_s8.htm)</u> (Registration No. 333-265321), and (iv) the registration statement on Form S-8 filed by the Registrant with the Commission on <u>[August 9, 2024](https://www.sec.gov/Archives/edgar/data/805928/000119312524197886/d831302ds8.htm)</u> (Registration No. 333-281447) (collectively, the "Prior Registration Statements"), except to the extent supplemented, amended or superseded by the information set forth herein. Pursuant to the Prior Registration Statements, the Registrant previously registered an aggregate of 10,500,000 shares of Common Stock under the Equity Plan.

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT** 

**Item 3. Incorporation of Certain Documents by Reference** 

The following documents of the Company filed with the SEC are incorporated herein by reference:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a)&nbsp;&nbsp;&nbsp;&nbsp;The Registrant's Annual Report on Form 10-K for its fiscal year ended December 31, 2024, filed with the SEC on <u>[February 26,](https://www.sec.gov/Archives/edgar/data/805928/000080592825000017/axgn-20241231.htm)[20](https://www.sec.gov/Archives/edgar/data/805928/000080592825000017/axgn-20241231.htm)[25](https://www.sec.gov/Archives/edgar/data/805928/000080592825000017/axgn-20241231.htm)</u> (Commission File No. 001-36046);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b)&nbsp;&nbsp;&nbsp;&nbsp;The Registrant's Quarterly Reports on Form 10-Q for the quarterly periods ended <u>[March 31, 2025](https://www.sec.gov/Archives/edgar/data/805928/000080592825000064/axgn-20250331.htm)</u> and <u>[Ju](https://www.sec.gov/Archives/edgar/data/805928/000080592825000107/axgn-20250630.htm)[ne 30, 2025](https://www.sec.gov/Archives/edgar/data/805928/000080592825000107/axgn-20250630.htm)</u> filed with the SEC on May 8, 2025 and August 5, 2025, respectively;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c)&nbsp;&nbsp;&nbsp;&nbsp;The Registrant's Current Reports on Form 8-K, filed with the Commission on <u>[May 8, 2025](https://www.sec.gov/Archives/edgar/data/805928/000080592825000062/axgn-20250508.htm)</u> (Item 5.02 only) and <u>[June 20, 2025](https://www.sec.gov/Archives/edgar/data/805928/000080592825000095/axgn-20250618.htm)</u>; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d)&nbsp;&nbsp;&nbsp;&nbsp;The description of the Registrant's Common Stock set forth in the Registration Statement on Form 8A12B filed with the Commission on <u>[August 6, 20](https://www.sec.gov/Archives/edgar/data/805928/000119312513321130/d579574d8a12b.htm)[13](https://www.sec.gov/Archives/edgar/data/805928/000119312513321130/d579574d8a12b.htm)</u> pursuant to Section 12(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including any amendment or report filed for the purpose of updating such description.

All documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of Exchange Act, prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents; provided, however, that documents or information deemed to have been furnished and not filed in accordance with SEC rules shall not be deemed incorporated by reference into this Registration Statement. Any statement contained herein or in a document, all or a portion of which is incorporated or deemed to be incorporated by reference herein, shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a

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statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or amended, to constitute a part of this Registration Statement.

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Item 8. <u>Exhibits</u>

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| | |
|:---|:---|
| <u>EXHIBIT</u><br><u>NUMBER</u> | <u>DESCRIPTION</u> |
| 5.1 | <u>[Opinion of Blue Chip Law](ex51opinion.htm)</u> † |
| 23.1 | <u>[Consent of Blue Chip Law (contained in Exhibit 5.1).](ex51opinion.htm#i9a84d61e92604e29a2460c5de4d76a66_1)</u> † |
| 23.2 | <u>[Consent of Deloitte & Touche LLP, the Registrant's Independent Registered Public Accounting Firm (filed herewith).](ex232consentdeloitte.htm)</u> † |
| 24.1 | <u>[Power of Attorney (included on signature page to this Registration Statement).](#i8aabc089682a4a599c5189e3e923380b_10)</u> † |
| 99.1 | <u>[Axogen, Inc. Fourth Amended and Restated 2019 Long-Term Incentive Plan (incorporated by reference from Appendix A of the Registrant's Proxy Statement on DEF14A dated April 30, 2025 (No. 001-36046)).](https://www.sec.gov/ix?doc=/Archives/edgar/data/805928/000080592825000059/axgn-20250429.htm#ieb9626dc1d664f6e898918bf5d4dd563_163)</u> |
| 107 | <u>[Filing Fee Table.](exfilingfees.htm)</u> † |

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† Filed herewith.

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**SIGNATURES**

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 Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Alachua, State of Florida, on August 5, 2025.

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| | |
|:---|:---|
| **Axogen, Inc.** | **Axogen, Inc.** |
| By: | /s/ Michael Dale |
|  | Name: Michael Dale |
|  | Title: Chief Executive Officer |

---

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**Exhibit 24.1**

**POWER OF ATTORNEY**

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints each of Michael Dale, Lindsey Hartley, and Marc Began, his or her true and lawful attorney-in-fact, with full power of substitution and resubstitution for him or her and in his or her name, place and stead, in any and all capacities to sign any and all amendments including post-effective amendments to this Registration Statement on Form S-8 (including, without limitation, any additional registration statement filed pursuant to Rule 462 under the Securities Act of 1933, as amended), and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that said attorney-in-fact or his substitute, each acting alone, may lawfully do or cause to be done by virtue thereof.

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement on Form S-8 has been signed by the following persons in the capacities and on the dates indicated.

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| | | |
|:---|:---|:---|
| **<u>Signature</u>** | **<u>Title</u>** | **<u>Date</u>** |
| /s/ Michael Dale | Chief Executive Officer and President | August 5, 2025 |
| Michael Dale | (Principal Executive Officer) | August 5, 2025 |
| /s/ Lindsey Hartley | Chief Financial Officer (Principal<br>Financial Officer and Principal Accounting Officer) | August 5, 2025 |
| Lindsey Hartley | Chief Financial Officer (Principal<br>Financial Officer and Principal Accounting Officer) | August 5, 2025 |
| /s/ William Burke | Director | August 5, 2025 |
| William Burke |  | August 5, 2025 |
| /s/ John H. Johnson | Director | August 5, 2025 |
| John H. Johnson |  | August 5, 2025 |
| /s/ Alan M. Levine | Director | August 5, 2025 |
| Alan M. Levine |  | August 5, 2025 |
| /s/ Dr. Joseph Tyndall | Director | August 5, 2025 |
| Dr. Joseph Tyndall |  | August 5, 2025 |
| /s/ Paul Thomas | Director and Chairman of the Board | August 5, 2025 |
| Paul Thomas |  | August 5, 2025 |
| /s/ Kathy Weiler | Director | August 5, 2025 |
| Kathy Weiler |  | August 5, 2025 |
| /s/ Amy Wendell | Director | August 5, 2025 |
| Amy Wendell |  | August 5, 2025 |

---

## Ex-Filing

?xml version='1.0' encoding='ASCII'? exfilingfees

**Exhibit 107**

**Calculation of Filing Fee Tables**

**Form S-8**

(Form Type)

**Axogen, Inc.**

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Type** | **Security Class Title** | **Fee Calculation Rule** | **Fee Calculation Rule** | **Amount Registered (1)** | **Amount Registered (1)** | **Proposed Maximum**<br>**Offering Price Per Unit (2)** | **Maximum Aggregate Offering Price** | **Fee Rate** | **Amount of**<br>**Registration Fee** |
| Equity | Common Stock, $0.01 par value per share | Rule 457(c) and Rule 457(h) | (2) | 2900000 | (3) | $12.66 | $36714000 | $0.0001531 | $5621 |
| Total Offering Amounts | Total Offering Amounts | Total Offering Amounts | Total Offering Amounts | Total Offering Amounts |  |  | $36714000 |  | $5621 |
| Total Fee Offsets | Total Fee Offsets | Total Fee Offsets | Total Fee Offsets | Total Fee Offsets |  |  |  |  | $0 |
| Net Fee Due | Net Fee Due | Net Fee Due | Net Fee Due | Net Fee Due |  |  |  |  | $5621 |

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(1) Pursuant to Rule 416 under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement shall also cover any additional shares of common stock, $0.01 par value (the "Common Stock") of Axogen, Inc. (the "Registrant"), which become issuable under the Axogen, Inc. Fourth Amended and Restated 2019 Long-Term Incentive Plan (the "Fourth Amended 2019 Plan") by reason of any stock dividend, stock split, recapitalization or any other similar transaction effected without receipt of consideration which results in an increase in the number of the Registrant's outstanding shares of Common Stock.

(2) Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and 457(h) under the Securities Act, based on the average of the high and low sales prices of the Common Stock as reported on The Nasdaq Capital Market on August 4, 2025, which was $12.66 per share.

(3) Represents an additional 2,900,000 shares of Common Stock of the Registrant issuable under the Fourth Amended 2019 Plan.

## Exhibit 5.1

**Exhibit 5.1**

![bluechipa.jpg](bluechipa.jpg)

August 5, 2025

Axogen, Inc.

13631 Progress Boulevard, Suite 400

Alachua, Florida 32615

**RE: Axogen, Inc. - Registration Statement on Form S-8**

To Whom It May Concern:

This law firm serves as counsel to Axogen, Inc., a Minnesota corporation (the "Company''), in connection with the preparation of a Registration Statement on Form S-8 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Act''). The Registration Statement relates to the registration of 2,900,000 shares of the Company's common stock, par value $0.01 per share (the "Common Stock'') reserved for issuance to eligible persons under the Axogen, Inc. Fourth Amended and Restated 2019 Long-Term Incentive Plan (the "Plan'').

As counsel for the Company, we have examined originals or copies, certified or otherwise identified to our satisfaction, of such documents, corporate records, certificates of public officials and other instruments as we have deemed necessary for the purposes of rendering this opinion and we are familiar with the proceedings taken and proposed to be taken by the Company in connection with the shares of Common Stock reserved under the Plan. In our examination, we have assumed the genuineness of all signatures, the legal capacity and competency of all natural persons, the authenticity of all documents submitted to us as originals and the conformity to original documents of all documents submitted to us as copies.

For the purpose of the opinion rendered below, we have assumed that in connection with the shares of Common Stock reserved under the Plan, the Company will receive consideration in an amount not less than the aggregate par value of the Shares or shares of Common Stock covered by each such issuance.

Based upon the foregoing, we are of the opinion that the shares of Common Stock reserved under the Plan, when issued and sold in accordance with the terms set forth in the Plan will be validly issued, fully paid and nonassessable.

This opinion letter is based as to matters of law solely on the Minnesota Business Corporation Act, as amended. We express no opinion herein as to any other laws, statutes, ordinances, rules, or regulations.

We consent to the use of this opinion as an exhibit to the Registration Statement, and we consent to the reference of our name wherever appearing in the Registration Statement and any amendments thereto. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act.

Very truly yours,

/s/ Adam Hersh Esq.

Adam Hersh Esq.

President, Blue Chip Law®

**301 W. PLATT STREET - SUITE A-339**

**TAMPA, FL 33606**

**PHONE: 813.588.5100 - FAX: 813.607.4120**

**WEBSITE: WWW.BLUECHIP.LAW**

## Exhibit 23.2

**Exhibit 23.2**

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

We consent to the incorporation by reference in this Registration Statement on Form S-8 of our report dated February 26, 2025, relating to the financial statements of Axogen, Inc. and the effectiveness of Axogen, Inc.'s internal control over financial reporting, appearing in the Annual Report on Form 10-K of Axogen, Inc. for the year ended December 31, 2024.

/s/ DELOITTE & TOUCHE LLP

Tampa, Florida

August 5, 2025

<br>