As filed with the Securities and Exchange Commission on March 28, 2022
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Vera Therapeutics, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 81-2744449 | |
(State or other jurisdiction of incorporation or organization) |
(I.R.S. Employer Identification No.) | |
8000 Marina Boulevard, Suite 120 Brisbane, California |
94005 | |
(Address of Principal Executive Offices) | (Zip Code) |
2021 Equity Incentive Plan
2021 Employee Stock Purchase Plan
(Full titles of the plans)
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 M. Ekman Cooley LLP 3 Embarcadero Center, 20th Floor San Francisco, California 94111 (415) 693-2000 |
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. ☐
EXPLANATORY NOTE
Pursuant to General Instruction E of Form S-8, Vera Therapeutics, Inc. (the Registrant) is filing this Registration Statement on Form S-8 with the Securities and Exchange Commission (the Commission) for the purpose of registering (i) 1,048,418 additional shares of its Class A common stock, par value $0.001 per share (Class A Common Stock) under the Vera Therapeutics, Inc. 2021 Equity Incentive Plan (the 2021 Plan), pursuant to the provisions of the 2021 Plan providing for an automatic increase in the number of shares of Class A Common Stock reserved and available for issuance under the 2021 Plan on January 1, 2022, and (ii) 209,683 additional shares of its Class A Common Stock under the Vera Therapeutics, Inc. 2021 Employee Stock Purchase Plan (the 2021 ESPP, and together with the 2021 Plan, the Plans), pursuant to the provisions of the 2021 ESPP providing for an automatic increase in the number of shares of Class A Common Stock reserved and available for issuance under the 2021 ESPP on January 1, 2022. In accordance with the instructional note to Part I of Form S-8 as promulgated by the Commission, the information specified by Part I of the Form S-8 has been omitted from this Registration Statement.
The Registrant previously registered shares of its Class A Common Stock for issuance under the Plans on a Registration Statement on Form S-8 filed with the Commission on May 18, 2021 (File No. 333-256269) (the Prior Registration Statement). Pursuant to General Instruction E to Form S-8, this Registration Statement hereby incorporates by reference the contents of the Prior Registration Statement.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. | Incorporation of Documents by Reference. |
The Registrant hereby incorporates by reference into this Registration Statement the following documents previously filed by the Registrant with the Commission:
(a) | the Registrants Annual Report on Form 10-K, filed with the Commission on March 28, 2022; and |
(b) | the description of the Registrants Class A Common Stock contained in the Registrants Registration Statement on Form 8-A filed on May 11, 2021 (File No. 001-40407) under 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 filed by the Registrant pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date of this Registration Statement and 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 portions thereof that are furnished and not filed in accordance with the rules of the Commission shall not be deemed incorporated by reference into this Registration Statement. Any statement contained in a document 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 statement herein or in any other subsequently filed document that 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 constitute a part of this Registration Statement, except as so modified or superseded.
Item 8. | Exhibits. |
The exhibits to this Registration Statement are listed below:
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 Brisbane, State of California, on March 28, 2022.
VERA THERAPEUTICS, INC. | ||
By: | /s/ Marshall Fordyce | |
Marshall Fordyce, M.D. | ||
President and Chief Executive Officer |
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Marshall Fordyce, M.D. and Sean Grant, and each one of them, as his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in their name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this registration statement, and to sign any registration statement for the same offering covered by this registration statement that is to be effective on filing pursuant to Rule 462(b) under the Securities Act of 1933, as amended, and all post-effective amendments thereto, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, 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) |
March 28, 2022 | ||
/s/ Sean Grant Sean Grant |
Chief Financial Officer (Principal Financial Officer) |
March 28, 2022 | ||
/s/ Joseph Young Joseph Young |
Senior Vice President, Finance and Chief Accounting Officer (Principal Accounting Officer) |
March 28, 2022 | ||
/s/ Kurt von Emster Kurt von Emster, C.F.A. |
Chairperson of the Board | March 28, 2022 | ||
/s/ Andrew Cheng |
Director | March 28, 2022 | ||
Andrew Cheng, M.D., Ph.D. | ||||
/s/ Beth Seidenberg Beth Seidenberg, M.D. |
Director | March 28, 2022 | ||
/s/ Maha Katabi Maha Katabi, Ph.D. |
Director | March 28, 2022 | ||
/s/ Patrick Enright Patrick Enright |
Director | March 28, 2022 | ||
/s/ Scott Morrison |
Director | March 28, 2022 | ||
Scott Morrison | ||||
/s/ Kimball Hall |
Director | March 28, 2022 | ||
Kimball Hall |
Exhibit 5.1
Jodie Bourdet
T: +1 415 693 2054
jbourdet@cooley.com
March 28, 2022
Vera Therapeutics, Inc.
8000 Marina Boulevard, Suite 120
Brisbane, California 94005
Ladies and Gentlemen:
We have represented Vera Therapeutics, Inc., a Delaware corporation (the Company), in connection with the filing by the Company of a Registration Statement on Form S-8 (the Registration Statement) with the Securities and Exchange Commission covering the offering of up to 1,258,101 shares (the Shares) of the Companys Class A Common Stock, par value $0.001 per share (the Class A Stock), consisting of (i) 1,048,418 shares of Class A Stock issuable pursuant to the Companys 2021 Equity Incentive Plan (the 2021 Plan), and (ii) 209,683 shares of Class A Stock issuable pursuant to the Companys 2021 Employee Stock Purchase Plan (collectively with the 2021 Plan, the Plans).
In connection with this opinion, we have examined and relied upon (a) the Registration Statement and the related prospectuses, (b) the Companys Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws, (c) the Plans, and (d) 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 thereof, 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 in accordance with the Plans, the Registration Statement and the related prospectuses, will be validly issued, fully paid and nonassessable (except as to shares issued pursuant to certain deferred payment arrangements, which will be fully paid and nonassessable when such deferred payments are made in full).
We consent 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 25, 2022, with respect to the financial statements of Vera Therapeutics, Inc. incorporated herein by reference.
/s/ KPMG LLP
San Francisco, California
March 25, 2022
Exhibit 107
Calculation of Filing Fee Table
Form S-8
(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 Rule |
Amount Registered(1) |
Proposed Maximum Offering Price Per Unit |
Maximum Aggregate Offering Price |
Fee Rate |
Amount of Registration Fee(2) | |||||||
Equity | 2021 Equity Incentive Plan Class A Common Stock, $0.001 par value per share |
Other(3) | 1,048,418(4) | $20.54(3) | $21,534,505.72 | .0000927 | $1,996.25 | |||||||
Equity | 2021 Employee Stock Purchase Plan Class A Common Stock, $0.001 par value per share |
Other(5) | 209,683(6) | $17.46(5) | $3,661,065.18 | .0000927 | $339.38 | |||||||
Total Offering Amounts | $25,195,570.90 | $2,335.63 | ||||||||||||
Total Fees Previously Paid | | |||||||||||||
Total Fee Offsets | | |||||||||||||
Net Fee Due | $2,335.63 |
(1) | Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the Securities Act), this Registration Statement shall also cover any additional shares of Class A common stock (Common Stock) of Vera Therapeutics, Inc. (the Registrant) that become issuable under the Registrants 2021 Equity Incentive Plan (the 2021 Plan) and the Registrants 2021 Employee Stock Purchase Plan (the 2021 ESPP) by reason of any stock dividend, stock split, recapitalization or other similar transaction. |
(2) | The Registrant does not have any fee offsets. |
(3) | Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rule 457(h) and 457(c) of the Securities Act. The proposed maximum aggregate offering price per share and proposed maximum aggregate offering price are calculated using the average of the high and low prices of the Common Stock as reported on the Nasdaq Stock Market on March 24, 2022. |
(4) | Represents shares of Common Stock that were automatically added to the shares available for issuance under the 2021 Plan on January 1, 2022 pursuant to the automatic increase feature of such plan, which provides that the number of shares reserved for issuance under the 2021 Plan will automatically increase on January 1st of each year, for a period of ten years, commencing on January 1, 2022 and ending on (and including) January 1, 2031, in an amount equal to 5% of the total number of shares of Common Stock outstanding on December 31 of the preceding year; provided, however, that the Registrants board of directors may act prior to January 1st of a given year to provide that the increase for such year will be a lesser number of shares of the Registrants Common Stock. |
(5) | Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rule 457(h) and 457(c) of the Securities Act. The proposed maximum aggregate offering price per share and proposed maximum aggregate offering price are calculated using the average of the high and low prices of the Common Stock as reported on the Nasdaq Stock Market on March 24, 2022, multiplied by 85%. |
(6) | Represents shares of Common Stock that were automatically added to the shares available for issuance under the 2021 ESPP on January 1, 2022 pursuant to the automatic increase feature of such plan, which provides that the number of shares reserved for issuance under the 2021 ESPP will automatically increase on January 1st of each year, for a period of ten years, commencing on January 1, 2022 and ending on (and including) January 1, 2031, in an amount equal to the lesser of (i) 1% of the total number of shares of Common Stock outstanding on December 31st of the preceding calendar year, and (ii) 440,502 shares of Common Stock; provided, however, that the Registrants board of directors may act prior to January 1st of a given year to provide that there will be no January 1st increase in the share reserve for such calendar year or that the increase in the share reserve for such calendar year will be a lesser number of shares of Common Stock than would otherwise occur. |
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