As filed with the Securities and Exchange Commission on March 10, 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
PHATHOM PHARMACEUTICALS, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 82-4151574 | |
(State or Other Jurisdiction of Incorporation or Organization) | (I.R.S. Employer Identification No.) |
100 Campus Drive, Suite 102
Florham Park, New Jersey 07932
(877) 742-8466
(Address of Principal Executive Offices)
PHATHOM PHARMACEUTICALS, INC. 2019 INCENTIVE AWARD PLAN
PHATHOM PHARMACEUTICALS, INC. 2019 EMPLOYEE STOCK PURCHASE PLAN
(Full Title of the Plans)
Terrie Curran
President and Chief Executive Officer
Phathom Pharmaceuticals, Inc.
100 Campus Drive, Suite 102
Florham Park, New Jersey 07932
(877) 742-8466
(Name, Address and Telephone Number, Including Area Code, of Agent for Service)
Copy to:
Cheston J. Larson
Matthew T. Bush
Anthony A. Gostanian
Latham & Watkins LLP
12670 High Bluff Drive
San Diego, California 92130
(858) 523-5400
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or 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. ☒
Proposed sales to take place as soon after the effective date of the registration statement as awards granted under the above-named plans are granted, exercised and/or distributed.
EXPLANATORY NOTE
This registration statement registers the offer and sale of an additional 5,300,000 shares of common stock of Phathom Pharmaceuticals, Inc. for issuance under the 2019 Incentive Award Plan (the “2019 Plan”) and an additional 332,273 shares of common stock of Phathom Pharmaceuticals, Inc. for issuance under the 2019 Employee Stock Purchase Plan (the “ESPP”). In accordance with Instruction E to Form S-8, the contents of the prior registration statement on Form S-8, File No. 333-234357, filed with the Securities and Exchange Commission (“SEC”) on October 28, 2019 previously filed with respect to the 2019 Plan and the ESPP, are hereby incorporated by reference.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The documents containing the information specified in Part I of Form S-8 will be sent or given to participants as specified by Rule 428(b)(1) of the Securities Act. These documents and the documents incorporated by reference into this registration statement pursuant to Item 3 of Part II of this registration statement, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
In this registration statement, Phathom Pharmaceuticals, Inc. is sometimes referred to as “Registrant,” “we,” “us” or “our.”
Item 3. Incorporation of Documents by Reference.
The SEC allows us to “incorporate by reference” the information we file with them, which means that we can disclose important information to you by referring you to those documents. The information incorporated by reference is considered to be part of this registration statement, and later information filed with the SEC will update and supersede this information. We hereby incorporate by reference into this registration statement the following documents previously filed with the SEC:
| (a) | the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, filed by the Registrant with the SEC on March 1, 2022, which contains the Registrant’s audited financial statements for the latest fiscal year for which such statements have been filed; |
| (b) | the Company’s Current Reports on Form 8-K filed by the Registrant with the SEC on January 25, 2022 and February 9, 2022; and |
| (c) | the description of the Registrant’s common stock set forth in the Registrant’s registration statement on Form 8-A12B/A (Registration No. 001-39094), filed by the Registrant with the SEC under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), on October 16, 2019, including any amendments or reports filed for the purpose of updating such description. |
In addition, all documents filed by the Registrant pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the filing 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 de-registers 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 such documents, except as to specific sections of such statements as set forth therein. 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 contained herein or in any other subsequently filed document which also is incorporated or deemed to be incorporated by reference herein modifies or supersedes such statement. Any statement contained herein shall be deemed to be modified or superseded for purposes of this registration statement to the extent that a statement contained in any subsequently filed document which also is incorporated or 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 shall any information furnished under Item 2.02 or 7.01 of Form 8-K be deemed incorporated herein by reference unless such Form 8-K expressly provides to the contrary.
Item 8. Exhibits.
| Exhibit | Incorporated by Reference | Filed Herewith | ||||||||||||||||||||
Number | Exhibit Description | Form | File No. | Exhibit | Filing Date | |||||||||||||||||
| 3.1 | Amended and Restated Certificate of Incorporation | 8-K | 001-39094 | 3.1 | 10/29/2019 | |||||||||||||||||
| 3.2 | Amended and Restated Bylaws | 8-K | 001-39094 | 3.1 | 9/25/2020 | |||||||||||||||||
| 4.1 | Form of Common Stock Certificate | S-1/A | 333-234020 | 4.1 | 10/15/2019 | |||||||||||||||||
| 4.2 | Description of Registered Securities | 10-K | 001-39094 | 4.6 | 3/1/2022 | |||||||||||||||||
| 5.1 | Opinion of Latham & Watkins LLP | X | ||||||||||||||||||||
| 10.1 | Phathom Pharmaceuticals, Inc. 2019 Incentive Award Plan | S-1/A | 333-234020 | 10.4 | 10/15/2019 | |||||||||||||||||
| 10.2 | Phathom Pharmaceuticals, Inc. 2019 Employee Stock Purchase Plan | S-1/A | 333-234020 | 10.5 | 10/15/2019 | |||||||||||||||||
| 23.1 | Consent of Independent Registered Public Accounting Firm | X | ||||||||||||||||||||
| 23.3 | Consent of Latham & Watkins LLP (included in Exhibit 5.1 hereto) | X | ||||||||||||||||||||
| 24.1 | Power of Attorney (see signature page) | X | ||||||||||||||||||||
| 107.1 | Filing Fee Table | X | ||||||||||||||||||||
Pursuant to the requirements of the Securities Act, 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 Borough of Florham Park, State of New Jersey, on March 10, 2022.
| PHATHOM PHARMACEUTICALS, INC. | ||
| By: | /s/ Terrie Curran | |
| Terrie Curran | ||
| President, Chief Executive Officer and Director | ||
Each person whose signature appears below hereby constitutes and appoints Terrie Curran and Anthony Guzzo, and each of them singly (with full power to each of them to act alone), their attorneys-in-fact, each with the full power of substitution, for them in any and all capacities, to sign this registration statement, and any amendments thereto (including post-effective amendments), and to file the same, with all exhibits thereto and other documents in connection therewith, with the SEC, hereby ratifying and confirming all that each of said attorneys-in-fact, or his substitute or substitutes, may do or cause to be done by virtue hereof. Pursuant to the requirements of the Securities Act, this registration statement has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
Signature | Title | Date | ||
/s/ Terrie Curran Terrie Curran | President, Chief Executive Officer and Director (Principal Executive Officer) | March 10, 2022 | ||
/s/ Anthony Guzzo Anthony Guzzo | Vice President and Chief Accounting Officer (acting Principal Financial Officer) | March 10, 2022 | ||
/s/ Michael F. Cola | Director | |||
| Michael F. Cola | March 10, 2022 | |||
/s/ Heidi Kunz | Director | |||
| Heidi Kunz | March 10, 2022 | |||
/s/ Asit Parikh, M.D., Ph.D. | Director | |||
| Asit Parikh, M.D., Ph.D. | March 10, 2022 | |||
/s/ David Socks | Director | |||
| David Socks | March 10, 2022 | |||
/s/ Mark Stenhouse | Director | |||
| Mark Stenhouse | March 10, 2022 | |||
