S-8

As filed with the Securities and Exchange Commission on March 17, 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

 

 

Synlogic, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   26-1824804
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification Number)

301 Binney Street, Suite 402

Cambridge, MA 02142

(617) 401-9975

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

2015 Equity Incentive Award Plan

(Full Title of the Plan)

Aoife Brennan

President and Chief Executive Officer

Synlogic, Inc.

301 Binney Street, Suite 402

Cambridge, MA 02142

(617) 401-9975

(Name, address, including zip code, and telephone number, including area code, of agent for service)

 

 

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 being filed for the purpose of registering an additional 3,484,942 shares of the Registrant’s common stock issuable under the Registrant’s 2015 Equity Incentive Award Plan, for which a Registration Statement of the Registrant on Form S-8 (File No. 333-220841) is effective, as a result of the operation of an automatic annual increase provision therein, which added 3,484,942 shares of Common Stock. This Registration Statement registers additional securities of the same class as other securities for which registration statements filed on Form S-8 of the Registrant relating to one or more employee benefit plans is effective (File Nos. 333-207299, 333-210466, 333-220841, 333-223798, 333-230224, 333-237104, and 333-254688).

INCORPORATION BY REFERENCE OF CONTENTS OF REGISTRATION STATEMENT ON FORM S-8

Pursuant to Instruction E of Form S-8, the contents of the Registration Statement on Form S-8 filed with the Securities and Exchange Commission on October 5, 2017 (File No. 333-220841) are incorporated by reference herein.


Exhibit Index

 

Exhibit
Number
 

Exhibit Description

   Incorporated by
Reference
     Filed
Herewith
 
   Form      Date      Number  
  4.1   Amended and Restated Certificate of Incorporation.      8-K        10/6/2015          3.1     
  4.2   Certificate of Amendment to Amended and Restated Certificate of Incorporation.      8-K        8/28/2017          3.1     
  4.3   Certificate of Amendment to Amended and Restated Certificate of Incorporation.      8-K        8/28/2017          3.2     
  4.4   Amended and Restated Bylaws.      8-K        10/6/2015          3.2     
  4.5   Form of Common Stock Certificate.      S-3        10/13/2017          4.5     
  5.1   Opinion of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.               X  
23.1   Consent of KPMG LLP, independent registered public accounting firm.               X  
23.2   Consent of Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. (included in Exhibit 5.1).               X  
24.1   Power of Attorney. Reference is made to the signature page to the Registration Statement.               X  
99.1(A)#   2015 Equity Incentive Award Plan.      10-K        3/20/2018        10.1     
99.1(B)#   Form of Stock Option Grant Notice and Stock Option Agreement under the 2015 Equity Incentive Award Plan.      S-1/A        9/11/2015        10.9(B)     
99.1(C)#   Form of Restricted Stock Award Grant Notice and Agreement and Form of Restricted Stock Unit Award Grant Notice and Agreement under the 2015 Equity Incentive Award Plan.      S-1/A        9/11/2015        10.9(C)     
107   Calculation of Filing Fee Table               X  

 

#

Indicates management contract or compensatory plan.


Signatures

Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant has duly caused this Registration Statement on Form S-8 to be signed on its behalf by the undersigned, thereunto duly authorized, in Cambridge, Massachusetts on March 17, 2022.

 

SYNLOGIC, INC.

By:

 

/s/ Aoife Brennan

  Aoife Brennan
  President and Chief Executive Officer

Power of Attorney

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints Aoife Brennan and Gregg Beloff, and each of them acting individually, as his or her true and lawful attorneys-in-fact and agents, each with full power of substitution, for him or her in any and all capacities, to sign any and all amendments to this Registration Statement, including post-effective amendments or any abbreviated registration statement and any amendments thereto filed pursuant to Rule 462(b) increasing the number of securities for which registration is sought, and to file the same, with all exhibits thereto and other documents in connection therewith, with the SEC, granting unto said attorneys-in-fact and agents, with full power of each to act alone, 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 for all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or his, her or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

 

Name

  

Title

  

Date

/s/ Aoife Brennan

   President, Chief Executive Officer, and Director    March 17, 2022

Aoife Brennan

   (Principal Executive Officer)   

/s/ Gregg Beloff

   Interim Chief Financial Officer    March 17, 2022

Gregg Beloff

   (Principal Financial Officer and Principal Accounting Officer)   

/s/ Peter Barrett

   Chairman of the Board    March 17, 2022

Peter Barrett

     

/s/ Michael Burgess

   Director    March 17, 2022

Michael Burgess

     

/s/ Michael Heffernan

   Director    March 17, 2022

Michael Heffernan

     

/s/ Patricia Hurter

   Director    March 17, 2022

Patricia Hurter

     

/s/ Lisa Kelly-Croswell

   Director    March 17, 2022

Lisa Kelly-Croswell

     

/s/ Nick Leschly

   Director    March 17, 2022

Nick Leschly

     

/s/ Edward Mathers

   Director    March 17, 2022

Edward Mathers

     

/s/ Richard P. Shea

   Director    March 17, 2022

Richard P. Shea

     
EX-5.1

Exhibit 5.1

 

  LOGO  

One Financial Center

Boston, MA 02111

617 542 6000

mintz.com

March 17, 2022

Synlogic, Inc.

301 Binney St., Suite 402

Cambridge, MA 02142

Ladies and Gentlemen:

We have acted as legal counsel to Synlogic, Inc., a Delaware corporation (the “Company”), in connection with the preparation and filing with the Securities and Exchange Commission (the “Commission”) of a Registration Statement on Form S-8 (the “Registration Statement”), pursuant to which the Company is registering the issuance under the Securities Act of 1933, as amended (“Securities Act”), of an aggregate of 3,484,942 shares (the “Shares”) of the Company’s common stock, $0.001 par value per share (“Common Stock”), in accordance with the terms of the Synlogic, Inc. 2015 Equity Incentive Award Plan (the “Plan”). This opinion is being rendered in connection with the filing of the Registration Statement with the Commission. All capitalized terms used herein and not otherwise defined shall have the respective meanings given to them in the Registration Statement.

In connection with this opinion, we have examined the Company’s Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws, each as currently in effect; such other records of the corporate proceedings of the Company and certificates of the Company’s officers as we have deemed relevant; and the Registration Statement and the exhibits thereto.

In our examination, we have assumed the genuineness of all signatures, the legal capacity of natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as copies, the authenticity of the originals of such copies, and the truth and correctness of any representations and warranties contained therein. In addition, we have assumed that the Company will receive any required consideration in accordance with the terms of the Plan.

Our opinion expressed herein is limited to the General Corporation Law of the State of Delaware and we express no opinion with respect to the laws of any other jurisdiction. No opinion is expressed herein with respect to the qualification of the Shares under the securities or blue sky laws of any state or any foreign jurisdiction.

Please note that we are opining only as to the matters expressly set forth herein, and no opinion should be inferred as to any other matters. This opinion is based upon currently existing statutes, rules, regulations and judicial decisions, and we disclaim any obligation to advise you of any change in any of these sources of law or subsequent legal or factual developments which might affect any matters or opinions set forth herein.

Based upon the foregoing, we are of the opinion that the Shares, when issued and delivered in accordance with the terms of the Plan, will be validly issued, fully paid and non-assessable.

 

 

             
BOSTON    LONDON    LOS ANGELES    NEW YORK    SAN DIEGO    SAN FRANCISCO    WASHINGTON

 

MINTZ, LEVIN, COHN, FERRIS, GLOVSKY AND POPEO, P.C.


MINTZ

 

March 17, 2022

Page 2

 

      LOGO

We understand that you wish to file this opinion with the Commission as an exhibit to the Registration Statement in accordance with the requirements of Item 601(b)(5) of Regulation S-K promulgated under the Securities Act, and we hereby consent thereto. In giving this consent, we do not 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 promulgated thereunder.

Very truly yours,

/s/ Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

MINTZ, LEVIN, COHN, FERRIS,

GLOVSKY AND POPEO, P.C.

 

 

             
BOSTON    LONDON    LOS ANGELES    NEW YORK    SAN DIEGO    SAN FRANCISCO    WASHINGTON

 

MINTZ, LEVIN, COHN, FERRIS, GLOVSKY AND POPEO, P.C.

EX-23.1

Exhibit 23.1

Consent of Independent Registered Public Accounting Firm

We consent to the use of our report dated March 17, 2022, with respect to the consolidated financial statements of Synlogic, Inc., incorporated herein by reference.

/s/ KPMG LLP

Boston, Massachusetts

March 17, 2022

EX-FILING FEES

Exhibit 107

Calculation of Filing Fee Table

Form S-8

(Form Type)

Synlogic, Inc.

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered

 

               
Security Type   

Security

Class

Title

  

Fee

Calculation 

Rule

  

Amount

Registered

 

Proposed

Maximum

Offering

Price Per

Unit

 

Maximum
Aggregate
Offering

Price

  

Fee

Rate

   Amount of
Registration
Fee
               
Equity    Common Stock,
par value
$0.001 per
share
  

457(c)

and

457(h)

   3,484,942(1)    $2.115(2)    $7,370,652.33    $0.0000927     $683.26
         
Total Offering Amount     $7,370,652.33       $683.26
         
Total Fee Offsets            
         
Net Fee Due                 $683.26

 

(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 Registrant’s common stock, par value $0.001 per share (the “Common Stock”) that become issuable under the 2015 Equity Incentive Award Plan (the “2015 Plan”) by reason of any stock dividend, stock split, recapitalization or similar transaction effected without the Registrant’s receipt of consideration which would increase the number of outstanding shares of Common Stock.

(2)

Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rule 457(h) and Rule 457(c) promulgated under the Securities Act. The offering price per share and the aggregate offering price for shares reserved for future issuance under the 2015 Plan are based on the average of the high and the low price of Registrant’s Common Stock as reported on The Nasdaq Capital Market on March 14, 2022.