As filed with the Securities and Exchange Commission on March 11, 2024
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Caribou Biosciences, Inc.
(Exact name of Registrant as specified in its charter)
Delaware | 45-3728228 | |
(State or other jurisdiction of incorporation or organization) |
(I.R.S. Employer Identification Number) | |
2929 7th Street, Suite 105 Berkeley, CA |
94710 | |
(Address of Principal Executive Offices) | (Zip Code) |
Caribou Biosciences, Inc. 2021 Equity Incentive Plan
Caribou Biosciences, Inc. 2021 Employee Stock Purchase Plan
(Full Title of the Plan)
Rachel E. Haurwitz, Ph.D.
President and Chief Executive Officer
Caribou Biosciences, Inc.
2929 7th Street, Suite 105
Berkeley, California 94710
(510) 982-6030
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
Ashok W. Mukhey, Esq. Reed Smith LLP 1901 Avenue of the Stars, Suite 700 Los Angeles, California 90067 Telephone: (310) 734-5200 |
Barbara G. McClung, Esq. Caribou Biosciences, Inc. 2929 7th Street, Suite 105 Berkeley, California 94710 Telephone: (510) 982-6030 |
Jeffrey G. Aromatorio, Esq. Reed Smith LLP 225 Fifth Avenue Pittsburgh, Pennsylvania 15222 Telephone: (412) 288-3364 |
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.
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
This Registration Statement on Form S-8 is filed by Caribou Biosciences, Inc., a Delaware corporation (the Registrant), relating to 4,422,447 shares of its common stock, par value $0.0001 per share (the Common Stock), to be issued pursuant to the Registrants 2021 Equity Incentive Plan (2021 EIP) and 884,489 shares of Common Stock to be issued pursuant to the Registrants 2021 Employee Stock Purchase Plan (2021 ESPP), which Common Stock is in addition to the 12,829,421 shares of Common Stock already issuable under the 2021 EIP and the 1,723,922 shares of Common Stock already issuable under the 2021 ESPP as registered on the Registrants Form S-8 filed with the Securities and Exchange Commission (the Commission) on July 26, 2021 (File No. 333-258173), Form S-8 filed with the Commission on March 21, 2022 (File No. 333-263750), and Form S-8 filed with the Commission on March 9, 2023 (File No. 333-270431) (collectively, the Prior Registration Statements). These additional shares of Common Stock have been reserved for issuance as a result of the operation of the evergreen provisions in the Registrants 2021 EIP and 2021 ESPP, which provide that the total number of shares subject to such plans may be increased each year pursuant to a specified formula.
This Registration Statement relates to securities of the same class as that to which the Prior Registration Statements relate, and is submitted in accordance with General Instruction E to Form S-8 regarding Registration of Additional Securities. Pursuant to General Instruction E of Form S-8, the contents of the Prior Registration Statements are incorporated herein by reference and made part of this Registration Statement, except as amended hereby.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The information called for in Part I of Form S-8 is not being filed with or included in this Form S-8 (by incorporation by reference or otherwise) in accordance with the rules and regulations of the Securities and Exchange Commission (the Commission).
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
In this registration statement, Caribou Biosciences, Inc. is sometimes referred to as Registrant, we, us, or our.
Item 3. Incorporation of Documents by Reference.
The following documents previously filed by Caribou Biosciences, Inc. (the Registrant) with the Commission are incorporated by reference into this Registration Statement:
(a) | Registrants Annual Report on Form 10-K for the year ended December 31, 2023 filed with the Commission on March 11, 2024; | |
(b) | Registrants Current Reports on Form 8-K filed on January 8, 2024 (except Item 7.01); and | |
(c) | The description of the Registrants Common Stock which is contained in a registration statement on Form 8-A filed on July 19, 2021 (File No. 001-40631) under the Securities Exchange Act of 1934, as amended (the Exchange Act), as updated by the description of the Registrants capital stock contained in Exhibit 4.1 to the Registrants Annual Report on Form 10-K, for the fiscal year ended December 31, 2021, including any amendment or report filed for the purpose of updating such description. |
All documents that the Registrant subsequently files pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective amendment to this registration statement which indicates that all of the shares of common stock offered have been sold or which deregisters all of such shares 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 the filing of such documents; except as to any portion of any future annual or quarterly report to stockholders or document or current report
furnished under current Items 2.02 or 7.01 of Form 8-K, and exhibits furnished on such form that relate to such items, that is not deemed filed under such provisions. For the purposes of 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 to the extent that a 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 superseded, to constitute a part of this registration statement.
Under no circumstances will any information filed under current Items 2.02 or 7.01 of Form 8-K, and exhibits furnished on such form that relate to such items, be deemed incorporated herein by reference unless such Form 8-K expressly provides to the contrary.
Item 8. Exhibits.
Reference is made under this Item 8 to the exhibit index included in this Registration Statement.
Exhibit Index
Pursuant to the requirements of the Securities Act of 1933, 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 Berkeley, State of California, on this 11th day of March, 2024.
Caribou Biosciences, Inc. | ||
By: | /s/ Rachel E. Haurwitz | |
Rachel E. Haurwitz | ||
President and Chief Executive Officer |
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below does hereby constitute and appoint Rachel E. Haurwitz, Barbara G. McClung, and Jason V. OByrne and each of them, with full power of substitution and full power to act without the other, his or her true and lawful attorney-in-fact and agent to act for him or her 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, and to file this registration statement, with all exhibits thereto, and other documents in connection therewith, with the SEC, 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 order to effectuate the same as fully, to all intents and purposes, as they or he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, may lawfully do or cause to be done by virtue hereof.
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 date indicated.
Signature |
Title |
Date | ||
/s/ Rachel E. Haurwitz Rachel E. Haurwitz |
President and Chief Executive Officer and Director (Principal Executive Officer) |
March 11, 2024 | ||
/s/ Jason V. OByrne Jason V. OByrne |
Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) |
March 11, 2024 | ||
/s/ Scott Braunstein Scott Braunstein |
Director | March 11, 2024 | ||
/s/ Andrew Guggenhime Andrew Guggenhime |
Director | March 11, 2024 | ||
/s/ David Johnson David Johnson |
Director | March 11, 2024 | ||
/s/ Dara Richardson-Heron Dara Richardson-Heron |
Director | March 11, 2024 | ||
/s/ Natalie Sacks Natalie Sacks |
Director | March 11, 2024 | ||
/s/ Nancy Whiting Nancy Whiting |
Director | March 11, 2024 | ||
/s/ Ran Zheng Ran Zheng |
Director | March 11, 2024 |
Exhibit 5.1
March 11, 2024
Caribou Biosciences, Inc.
2929 7th Street, Suite 105
Berkeley, California 94710
Ladies and Gentlemen:
We have acted as counsel to Caribou Biosciences, Inc., a Delaware corporation (the Company), in connection with the filing by the Company on the date hereof of a Registration Statement on Form S-8 (the Registration Statement) with the Securities and Exchange Commission (the Commission) covering the offer and sale of up to 4,422,447 shares of the Companys common stock, $0.0001 par value per share (the Shares), issuable pursuant to the Caribou Biosciences, 2021 Equity Incentive Plan (2021 EIP) and 884,489 Shares issuable pursuant to the Caribou Biosciences, Inc. 2021 Employee Stock Purchase Plan (the 2021 ESPP and, together with the 2021 Plan, the Plans).
This opinion is being furnished at the Companys request in connection with the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act of 1933, as amended (the Securities Act), and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or the prospectus forming a part thereof, other than as to the issuance of the Shares.
In rendering the opinion hereinafter expressed, we have made such legal and factual examinations and inquiries, including an examination of originals or copies certified or otherwise identified to our satisfaction as being true reproductions of originals, of all such documents, records, agreements and other instruments, including the Registration Statement, the Plans, the Amended and Restated Certificate of Incorporation of the Company, the Amended and Restated Bylaws of the Company, and corporate minutes of the Company as we have deemed necessary and appropriate for the purpose of this opinion. We have assumed that there are no agreements or understandings between or among the Company and any participants in the Plans that would expand, modify or otherwise affect the terms of the Plans or the respective rights or obligations of any participants thereunder. We have further assumed the genuineness of all signatures, the authenticity of all documents, certificates and records submitted to us as originals, the conformity to original documents, certificates and records of all documents, certificates and records submitted to us as copies, and the truthfulness of all statements of fact contained therein.
Based upon the foregoing, and having regard to legal considerations and other information that we deem relevant, we are of the opinion that, as of the date hereof, when the Shares shall have been duly registered on the books of the transfer agent and registrar therefor in the name or on behalf of the purchasers, and have been issued by the Company against payment therefor in the circumstances contemplated by the Plans and assuming that the individual issuances, grants or awards under the Plans are duly authorized by all necessary corporate action of the Company and duly issued, granted or awarded and exercised and paid for, for consideration at least equal to the par value thereof, in accordance with the requirements of law and the Plans (and the agreements and awards duly adopted thereunder and in accordance therewith), the offer and sale of the Shares shall have been duly authorized and, when and to the extent that the Shares are issued in accordance with the foregoing, such Shares will be legally issued, fully paid and non-assessable.
We express no opinion herein as to the laws of any state or jurisdiction other than the General Corporation Law of the State of Delaware.
We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and the reference to this firm therein. In giving this 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 Commission.
Very truly yours,
/s/ Reed Smith LLP |
Reed Smith LLP |
Exhibit 23.1
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 March 11, 2024 relating to the financial statements of Caribou Biosciences, Inc., appearing in the Annual Report on Form 10-K of Caribou Biosciences, Inc. for the year ended December 31, 2023.
/s/ Deloitte & Touche LLP
San Francisco, California
March 11, 2024
Exhibit 107
Calculation of Filing Fee Tables
Form S-8
(Form Type)
Caribou Biosciences, 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 Share |
Maximum Aggregate Offering Price |
Fee Rate |
Amount of Registration Fee | |||||||
Equity | 2021 Equity Incentive Plan Common Stock, $0.0001 par value per share | Rule 457(c) and Rule 457(h) | 4,422,447(2) | $7.36 | $32,549,209.92 | $0.0001476 | $4,804.27 | |||||||
Equity | 2021 Employee Stock Purchase Plan Common Stock, $0.0001 par value per share | Rule 457(c) and Rule 457(h) | 884,489 (4) | $7.36 | $6,509,839.04 | $0.0001476 | $960.86 | |||||||
Total Offering Amounts | $39,059,048.96 | | ||||||||||||
Total Fee Offsets | | |||||||||||||
Net Fee Due | $5,765.13 |
(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 the Registrants common stock that become issuable under the Caribou Biosciences, Inc. 2021 Equity Incentive Plan (2021 EIP) and the Caribou Biosciences, Inc. 2021 Employee Stock Purchase Plan (2021 ESPP) by reason of any stock dividend, stock split, recapitalization or similar transaction effected without the Registrants receipt of consideration which would increase the number of outstanding shares of common stock. |
(2) | Represents additional shares of Common Stock reserved for issuance under the 2021 EIP. |
(3) | Estimated in accordance with Rules 457(c) and 457(h) under the Securities Act solely for the purpose of calculating the registration fee on the basis of $7.36 per share, which is the average of the high and low prices of the Registrants common stock, as reported on the Nasdaq Global Select Market, on March 6, 2024. |
(4) | Represents additional shares of Common Stock reserved for issuance under the Registrants 2021 ESPP. |