As filed with the Securities and Exchange Commission on February 10, 2022.
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Vera Therapeutics, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 2834 | 81-2744449 | ||
(State or other jurisdiction of incorporation or organization) |
(Primary Standard Industrial Classification Code Number) |
(I.R.S. Employer Identification No.) |
Vera Therapeutics, Inc.
8000 Marina Boulevard, Suite 120
Brisbane, California 94005
(650) 770-0077
(Address, including zip code, and telephone number, including area code, of registrants principal executive offices)
Marshall Fordyce, M.D.
President and Chief Executive Officer
8000 Marina Boulevard, Suite 120
Brisbane, California 94005
(650)
770-0077
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
Jodie Bourdet Brett White Alexa Ekman Cooley LLP 3 Embarcadero Center, 20th Floor San Francisco, California 94111 (415) 693-2000 |
Sean Grant Chief Financial Officer 8000 Marina Boulevard, Suite 120 Brisbane, California 94005 (650) 770-0077 |
Heidi Mayon Jesse Nevarez Goodwin Procter LLP 601 Marshall Street Redwood City, California 94063 (650) 752-3100 |
Approximate date of commencement of proposed sale to the public: As soon as practicable after this Registration Statement becomes effective.
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, 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. ☒ (333-262569)
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. ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, 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.
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. ☐
This Registration Statement shall become effective upon filing in accordance with Rule 462(b) promulgated under the Securities Act of 1933, as amended.
EXPLANATORY NOTE
This Registration Statement (the Registration Statement) is being filed pursuant to Rule 462(b) under the Securities Act of 1933, as amended (the Securities Act), for the sole purpose of increasing the aggregate number of shares of Class A common stock offered by Vera Therapeutics, Inc. (the Registrant) by 1,142,026 shares, 148,959 of which are subject to purchase upon exercise of the underwriters option to purchase additional shares of the Registrants Class A common stock. The contents of the Registration Statement on Form S-1 (File No. 333-262569), including all exhibits thereto (the Prior Registration Statement), filed by the Registrant with the Securities and Exchange Commission (the Commission) pursuant to the Securities Act, which was declared effective by the Commission on February 9, 2022, are incorporated by reference into this Registration Statement. The additional shares of Class A common stock that are being registered for sale are in an amount and at a price that together represent no more than 20% of the maximum aggregate offering price set forth in the Calculation of Filing Fee table filed as Exhibit 107 to the Prior Registration Statement.
The required opinion and consents are listed on the Exhibit Index attached hereto and filed herewith.
Exhibit Index
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 Brisbane, State of California, on this 10th day of February, 2022.
VERA THERAPEUTICS, INC.
| ||
By: | /s/ Marshall Fordyce | |
Name: | Marshall Fordyce, M.D. | |
Title: | Chief Executive Officer and President |
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.
Signature |
Title |
Date | ||
/s/ Marshall Fordyce Marshall Fordyce, M.D. |
President, Chief Executive Officer and Director (Principal Executive Officer) |
February 10, 2022 | ||
/s/ Sean Grant Sean Grant |
Chief Financial Officer (Principal Financial Officer) |
February 10, 2022 | ||
/s/ Joseph Young Joseph Young |
Senior Vice President, Finance and Chief Accounting Officer (Principal Accounting Officer) |
February 10, 2022 | ||
* Kurt von Emster, C.F.A. |
Chairperson of the Board | February 10, 2022 |
Signature |
Title |
Date | ||
* Andrew Cheng, M.D., Ph.D. |
Director | February 10, 2022 | ||
* Beth Seidenberg, M.D. |
Director | February 10, 2022 | ||
* Maha Katabi, Ph.D. |
Director | February 10, 2022 | ||
* Patrick Enright |
Director | February 10, 2022 | ||
* Scott Morrison |
Director | February 10, 2022 | ||
* Kimball Hall |
Director | February 10, 2022 |
*By: | /s/ Marshall Fordyce | |
Marshall Fordyce, M.D. | ||
Attorney-in-fact |
Exhibit 5.1
Jodie Bourdet
T: +1 415 693-2054
jbourdet@cooley.com
February 10, 2022
Vera Therapeutics, Inc.
8000 Marina Boulevard, Suite 120
Brisbane, California 94005
Ladies and Gentlemen:
We have acted as counsel to Vera Therapeutics, Inc., a Delaware corporation (the Company), in connection with the filing by the Company of a Registration Statement on Form S-1 (the Registration Statement) with the Securities and Exchange Commission pursuant to Rule 462(b) promulgated under the Securities Act of 1933, as amended, covering an underwritten public offering of up to 1,142,026 shares of the Companys Class A common stock, par value $0.001 (the Shares). The Registration Statement incorporates by reference the registration statement on Form S-1 (No. 333-262569), which was declared effective on February 9, 2022 (the Prior Registration Statement), including the prospectus which forms a part of the Prior Registration Statement (the Prospectus).
In connection with this opinion, we have examined and relied upon (a) the Registration Statement and the Prospectus, (b) the Companys Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws, each as currently in effect, and (c) originals or copies certified to our satisfaction of such records, documents, certificates, memoranda, opinions and other instruments as in our judgment are necessary or appropriate to enable us to render the opinion expressed below.
We have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to originals of all documents submitted to us as copies, the accuracy, completeness and authenticity of certificates of public officials and the due authorization, execution and delivery of all documents by all persons other than the Company where authorization, execution and delivery are prerequisites to the effectiveness thereof. As to certain factual matters, we have relied upon a certificate of an officer of the Company and have not independently verified such matters.
Our opinion is expressed only with respect to the General Corporation Law of the State of Delaware. We express no opinion to the extent that any other laws are applicable to the subject matter hereof and express no opinion and provide no assurance as to compliance with any federal or state securities law, rule or regulation.
On the basis of the foregoing, and in reliance thereon, we are of the opinion that the Shares, when sold and issued against payment therefor as described in the Prior Registration Statement and the Prospectus, will be validly issued, fully paid and non-assessable.
Cooley LLP 3 Embarcadero Center, 20th Floor San Francisco, CA 94111
t: (415) 693-2000 f: (415) 693-2222 cooley.com
Vera Therapeutics, Inc.
February 10, 2022
Page Two
We consent to the reference to our firm under the caption Legal Matters in the Prospectus included in the Prior Registration Statement and to the filing of this opinion as an exhibit to the Registration Statement.
Sincerely, | ||
Cooley LLP | ||
By: | /s/ Jodie Bourdet | |
Jodie Bourdet |
Cooley LLP 3 Embarcadero Center, 20th Floor San Francisco, CA 94111
t: (415) 693-2000 f: (415) 693-2222 cooley.com
Exhibit 23.1
Consent of Independent Registered Public Accounting Firm
We consent to the use of our report dated March 19, 2021, except as to note 15B, which is as of May 10, 2021, with respect to the financial statements of Vera Therapeutics, Inc. incorporated herein by reference and to the reference to our firm under the heading Experts in the prospectus.
/s/ KPMG LLP
San Francisco, California
February 10, 2022
Exhibit 107
Calculation of Filing Fee Table
Form S-1
(Form Type)
Vera Therapeutics, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
Security Type
|
Security Class Title
|
Fee Calculation or Carry Forward Rule
|
Amount Registered
|
Proposed Maximum Offering Price Per Unit
|
Proposed Maximum Aggregate Offering Price(1)
|
Fee Rate
|
Amount of Registration Fee
| |||||||||
Fees to Be Paid
|
Equity
|
Class A Common stock, par value $0.001 per share
|
457(a)
|
1,142,026
|
$15.00
|
$17,130,390
|
0.0000927
|
$1,588
| ||||||||
Total Offering Amounts
|
$17,130,390
|
| ||||||||||||||
Total Fees Previously Paid
|
| |||||||||||||||
Total Fee Offsets
|
| |||||||||||||||
Net Fee Due(2)
|
$1,588
|
(1) | Represents only the additional number of shares of Class A common stock being registered pursuant to this Registration Statement, which includes the shares that the underwriters have the option to purchase. Estimated solely for the purpose of computing the amount of the registration fee pursuant to Rule 457(a) under the Securities Act of 1933, as amended. |
(2) | The Registrant previously registered securities having a proposed maximum aggregate offering price of $85,652,000 on its Registration Statement on Form S-1 (File No. 333-262569), which was declared effective by the Securities and Exchange Commission on February 9, 2022. In accordance with Rule 462(b) under the Securities Act, an additional number of securities having a proposed maximum offering price of $17,130,390 is hereby registered, which includes securities issuable upon the exercise of the underwriters option to purchase additional shares. |
Table 2: Fee Offset Claims and Sources
N/A
Table 3: Combined Prospectuses
N/A