S-1MEF

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 registrant’s 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 Registrant’s 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

 

Exhibit
Number
   Description of Exhibit
5.1    Opinion of Cooley LLP.
23.1    Consent of independent registered public accounting firm.
23.2    Consent of Cooley LLP (included in Exhibit 5.1).
24.1    Power of Attorney (included on the signature page of the Registration Statement on Form S-1 (File No. 333-262569), originally filed with the Commission on February 7, 2022 and incorporated herein by reference).
107    Filing Fee Table.


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
EX-5.1

Exhibit 5.1

 

LOGO

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 Company’s 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 Company’s 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


LOGO

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

EX-23.1

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

EX-FILING FEES

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