S-8

As filed with the Securities and Exchange Commission on March 8, 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

 

 

MAGENTA THERAPEUTICS, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   81-0724163
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification No.)

100 Technology Square

Cambridge, Massachusetts

  02139
(Address of Principal Executive Offices)   (Zip Code)

 

 

MAGENTA THERAPEUTICS, INC. 2018 STOCK OPTION AND INCENTIVE PLAN

MAGENTA THERAPEUTICS, INC. 2019 EMPLOYEE STOCK PURCHASE PLAN

(Full title of the plan)

 

 

Jason Gardner

President and Chief Executive Officer

Magenta Therapeutics, Inc.

100 Technology Square

Cambridge, Massachusetts 02139

(Name and address of agent for service)

(857) 242-0170

(Telephone number, including area code, of agent for service)

 

 

Copies to:

Mitchell S. Bloom, Esq.

William D. Collins, Esq.

Goodwin Procter LLP

100 Northern Avenue

Boston, Massachusetts 02210

(617) 570-1000

 

 

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 registers (i) 2,351,966 additional shares of the Registrant’s common stock, $0.001 par value per share (“Common Stock”), under the Magenta Therapeutics, Inc. 2018 Stock Option and Incentive Plan (the “2018 Plan”) and (ii) 587,991 additional shares of Common Stock under the Magenta Therapeutics, Inc. 2019 Employee Stock Purchase Plan (the “2019 ESPP”). The number of shares of Common Stock reserved and available for issuance under the 2018 Plan is subject to an automatic annual increase on each January 1, beginning in 2019, by an amount equal to four percent of the number of shares of Common Stock issued and outstanding on the immediately preceding December 31 or such lesser number of shares of Common Stock as determined by the Administrator (as defined in the 2018 Plan). Accordingly, on January 1, 2022, the number of shares of Common Stock reserved and available for issuance under the 2018 Plan increased by 2,351,966. The additional shares are of the same class as other securities relating to the 2018 Plan for which the Registrant’s registration statement filed on Form S-8 (Registration No. 333-225838) on June 22, 2018, is effective. The number of shares of Common Stock reserved and available for issuance under the 2019 ESPP is subject to an automatic annual increase on each January 1, beginning in 2020, by an amount equal to the least of (i) one percent of the number of shares of Common Stock issued and outstanding on the immediately preceding December 31, (ii) 1,000,000 shares of Common Stock or (iii) such number of shares of Common Stock as determined by the Administrator (as defined in the 2019 ESPP). Accordingly, on January 1, 2022, the number of shares of Common Stock reserved and available for issuance under the 2019 ESPP increased by 587,991. The additional shares are of the same class as other securities relating to the 2019 ESPP for which the Registrant’s registration statement filed on Form S-8 (Registration No. 333-233125) on August  8, 2019, is effective. The information contained in the Registrant’s registration statements on Form S-8 (Registration No. 333-225838) and Form S-8 (Registration No. 333-233125) is hereby incorporated by reference pursuant to General Instruction E.


Part II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

 

 

  Item 8.

Exhibits.

 

Exhibit
No.

  

Description

    4.1    Amended and Restated Certificate of Incorporation of the Registrant (Incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K (File No. 001-38541) filed with the Securities and Exchange Commission on June 25, 2018).
    4.2    Amended and Restated By-laws of the Registrant (Incorporated by reference to Exhibit 3.2 to the Registrant’s Current Report on Form 8-K (File No. 001-38541) filed with the Securities and Exchange Commission on June 25, 2018).
    4.3    Specimen Common Stock Certificate of the Registrant (Incorporated by reference to Exhibit 4.1 to the Registrant’s Registration Statement on Form S-1/A (File No. 333-225178) filed with the Securities and Exchange Commission on June 8, 2018).
    4.4    Second Amended and Restated Investors’ Rights Agreement by and among the Registrant and certain of its stockholders dated April  2, 2018 (Incorporated by reference to Exhibit 4.2 to the Registrant’s Registration Statement on Form S-1 (File No.  333-225178) filed with the Securities and Exchange Commission on May 24, 2018).
    5.1*    Opinion of Goodwin Procter LLP.
  23.1*    Consent of KPMG LLP, independent registered public accounting firm.
  23.2*    Consent of Goodwin Procter LLP (included in Exhibit 5.1).
  24.1*    Power of Attorney (included on signature page).
  99.1    2018 Stock Option and Incentive Plan and forms of option agreements thereunder (Incorporated by reference to Exhibit  10.2 to the Registrant’s Registration Statement on Form S-1/A (File No. 333-225178) filed with the Securities and Exchange Commission on June  8, 2018).
  99.2    2019 Employee Stock Purchase Plan (Incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No. 001-38541) filed with the Securities and Exchange Commission on June 11, 2019).
107.1*    Filing Fee Table.

 

*

Filed herewith.


SIGNATURES

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 the City of Cambridge, Commonwealth of Massachusetts, on March 8, 2022.

 

Magenta Therapeutics, Inc.
By:  

/s/ Stephen Mahoney

  Stephen Mahoney
 

Chief Financial and Operating Officer

(Principal Financial and Accounting Officer)


POWER OF ATTORNEY AND SIGNATURES

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Jason Gardner and Stephen Mahoney, and each of them, as such person’s true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution in each of them, for such person in such person’s, place and stead, in any and all capacities, to sign for us and in our names in the capacities indicated below the Registration Statement on Form S-8 of Magenta Therapeutics, Inc., and any or all amendments (including post-effective amendments), 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 or necessary to be done in connection therewith and about the premises, 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 substitutes of any of them, 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 on Form S-8 has been signed by the following persons in the capacities and on the dates indicated.

 

Signature

  

Title

  

Date

/s/ Jason Gardner

   President, Chief Executive Officer and Director (Principal Executive Officer)    March 8, 2022
Jason Gardner, D.Phil.   

/s/ Stephen Mahoney

  

Chief Financial and Operating Officer

(Principal Financial and Accounting Officer)

   March 8, 2022
Stephen Mahoney   

/s/ Jeffrey Albers

   Director    March 8, 2022
Jeffrey Albers      

/s/ Bruce Booth

   Director    March 8, 2022
Bruce Booth, D.Phil.      

/s/ Alexis A. Borisy

   Director    March 8, 2022
Alexis A. Borisy      

/s/ Thomas O. Daniel

   Director    March 8, 2022
Thomas O. Daniel, M.D.      

/s/ Alison Lawton

   Director    March 8, 2022
Alison Lawton      

/s/ Anne McGeorge

   Director    March 8, 2022
Anne McGeorge      

/s/ Amy L. Ronneberg

   Director    March 8, 2022
Amy L. Ronneberg      

/s/ David T. Scadden

   Director    March 8, 2022
David T. Scadden, M.D.      
EX-5.1

Exhibit 5.1

 

LOGO

   

Goodwin Procter LLP

100 Northern Avenue

Boston, MA 02210

 

goodwinlaw.com

+1 617 570 1000

+1 617 523 1231

      March 8, 2022

Magenta Therapeutics, Inc.

100 Technology Square

Cambridge, MA 02139

 

  Re:

Securities Being Registered under Registration Statement on Form S-8

We have acted as counsel to you in connection with your filing of a Registration Statement on Form S-8 (the “Registration Statement”) pursuant to the Securities Act of 1933, as amended (the “Securities Act”), on or about the date hereof relating to an aggregate of (i) 2,351,966 shares (the “Plan Shares”) of common stock, $0.001 par value per share (the “Common Stock”), of Magenta Therapeutics, Inc., a Delaware corporation (the “Company”), that may be issued pursuant to the Magenta Therapeutics, Inc. 2018 Stock Option and Incentive Plan (the “2018 Plan”) and (ii) 587,991 shares (the “ESPP Shares” and, together with the Plan Shares, the “Shares”) of Common Stock that may be issued pursuant to the Magenta Therapeutics, Inc. 2019 Employee Stock Purchase Plan (the “2019 ESPP” and, together with the 2018 Plan, the “Plans”).

We have reviewed such documents and made such examination of law as we have deemed appropriate to give the opinion set forth below. We have relied, without independent verification, on certificates of public officials and, as to matters of fact material to the opinion set forth below, on certificates of officers of the Company.

The opinion set forth below is limited to the Delaware General Corporation Law.

For purposes of the opinion set forth below, we have assumed that no event occurs that causes the number of authorized shares of Common Stock available for issuance by the Company to be less than the number of then unissued Shares.

Based on the foregoing, we are of the opinion that the Shares have been duly authorized and, upon issuance and delivery against payment therefor in accordance with the terms of the applicable Plan, will be validly issued, fully paid and nonassessable.

We hereby consent to the inclusion of this opinion as Exhibit 5.1 to the Registration Statement. In giving our consent, we do not admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations thereunder.

 

Very truly yours,
/s/ Goodwin Procter LLP
GOODWIN PROCTER LLP
EX-23.1

Exhibit 23.1

Consent of Independent Registered Public Accounting Firm

The Board of Directors

Magenta Therapeutics, Inc.:

We consent to the use of our report dated March 8, 2022, with respect to the consolidated balance sheets of Magenta Therapeutics, Inc. and subsidiary as of December 31, 2021 and 2020, and the related consolidated statements of operations and comprehensive loss, stockholders’ equity, and cash flows for the years then ended, and the related notes, incorporated herein by reference.

 

/s/ KPMG LLP
Boston, Massachusetts
March 8, 2022
EX-FILING FEES

Exhibit 107.1

Calculation of Filing Fee Tables

Form S-8

(Form Type)

Magenta 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
Share
  Maximum
Aggregate
Offering Price
  Fee Rate   Amount of
Registration Fee
               
Equity   Common Stock,
$0.001 par value
per share
  Other(2)   2,351,966
shares(3)
  $2.60(2)   $6,115,111.60(2)   $0.0000927   $566.88
               
Equity   Common Stock,
$0.001 par value
per share
  Other(4)   587,991
shares(5)
  $2.21(4)   $1,299,460.11(4)   $0.0000927   $120.46
         
Total Offering Amounts     $7,414,571.71     $—  
         
Total Fee Offsets         $0
         
Net Fee Due               $687.34

 

(1)

Pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), this registration statement shall also cover any additional shares of common stock, $0.001 par value per share (the “Common Stock”), which become issuable under the Magenta Therapeutics, Inc. 2018 Stock Option and Incentive Plan (the “2018 Plan”) and the Magenta Therapeutics, Inc. 2019 Employee Stock Purchase Plan (the “2019 ESPP”) by reason of any stock dividend, stock split, recapitalization or any other similar transaction effected without the receipt of consideration which results in an increase in the number of the Registrant’s outstanding shares of Common Stock.

(2)

The price of $2.60 per share, which is the average of the high and low sale prices of the Registrant’s Common Stock on the Nasdaq Global Market on March 7, 2022, is set forth solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and 457(h) of the Securities Act.

(3)

Represents an automatic increase of 2,351,966 shares of Common Stock to the number of shares available for issuance under the 2018 Plan, effective January 1, 2022. Shares available for issuance under the 2018 Plan were previously registered on a registration statement on Form S-8 filed with the Securities and Exchange Commission on June 22, 2018 (Registration No. 333-225838), March 19, 2019 (Registration No. 333-230387), March 3, 2020 (Registration No. 333-236853) and March 3, 2021 (Registration No. 333-253815).

(4)

The price of $2.21 per share, which is 85% of the average of the high and low sale prices of the Registrant’s Common Stock the Nasdaq Global Market on March 7, 2022, is set forth solely for purposes of calculating the registration fee pursuant to Rules 457(c) and (h) of the Securities Act. Pursuant to the 2019 ESPP, the purchase price of the shares of Common Stock reserved for issuance thereunder will be 85% of the fair market value of a share of Common Stock on the first trading day of the offering period or on the exercise date, whichever is less.


(5)

Represents an automatic increase of 587,991 shares of Common Stock to the number of shares available under the 2019 ESPP, effective January 1, 2022. Shares available for issuance under the 2019 ESPP were previously registered on a registration statement on Form S-8 filed with the Securities and Exchange Commission on August 8, 2019 (Registration No. 333-233125).