Form S-8

As filed with the Securities and Exchange Commission on March 17, 2015

Registration No. 333-            

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

SCYNEXIS, Inc.

(Exact name of Registrant as specified in its charter)

 

 

 

Delaware 56-2181648

(State or other jurisdiction of

incorporation or organization)

  

(I.R.S. Employer

Identification No.)

3501 C Tricenter Boulevard

Durham, North Carolina 27713

(919) 544-8600

(Address of principal executive offices) (Zip code)

 

 

SCYNEXIS, Inc. 2014 Equity Incentive Plan

SCYNEXIS, Inc. 2014 Employee Stock Purchase Plan

(Full title of the plan)

 

 

Yves J. Ribeill, Ph.D.

President and Chief Executive Officer

SCYNEXIS, Inc.

3501 C Tricenter Boulevard

Durham, North Carolina 27713

(919) 544-8600

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

 

 

Copies to:

Matthew B. Hemington

Cooley LLP

3175 Hanover Street

Palo Alto, California 94304

(650) 843-5000

 

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer   ¨    Accelerated filer   ¨
Non-accelerated filer   ¨  (Do not check if a smaller reporting company)    Smaller reporting company   x

 

 

CALCULATION OF REGISTRATION FEE

 

 

Title of Securities

to be Registered

  

Amount

to be

Registered (1)

  

Proposed

Maximum

Offering Price

Per Share(2)

  

Proposed

Maximum

Aggregate

Offering Price(2)

  

Amount of

Registration Fee

Common Stock, par value $0.001 per share, reserved for future grant under Registrant’s 2014 Equity Incentive Plan

   340,484 shares   $9.59   $3,265,241.56   $379.43

Common Stock, par value $0.001 per share, reserved for future grant under Registrant’s 2014 Employee Stock Purchase Plan

   29,411 shares   $9.59   $282,051.49   $32.78

Total

   369,895       $3,547,293.05   $412.21

 

 

(1) Represents additional shares issuable under the Registrant’s 2014 Equity Incentive Plan and 2014 Employee Stock Purchase Plan (collectively, the “Plans”) by reason of the automatic share increase provisions of each of the Plans. Pursuant to Rule 416(a) promulgated under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of Registrant’s common stock that become issuable under the Plans set forth herein by reason of any stock dividend, stock split, recapitalization, or other similar transaction effected that results in an increase to the number of outstanding shares of Registrant’s common stock, as applicable.
(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 is based upon $9.59, which is the average of the high and low selling prices of the Registrant’s Common Stock as reported on the NASDAQ Global Market on March 10, 2015.

 

 

 

EXPLANATORY NOTE

SCYNEXIS, Inc. (the “Registrant”) is filing this Registration Statement on Form S-8 for the purpose of registering an aggregate of 369,895 additional shares of its Common Stock, issuable to eligible persons under the SCYNEXIS, Inc. 2014 Equity Incentive Plan and the SCYNEXIS, Inc. 2014 Employee Stock Purchase Plan, which Common Stock is in addition to the shares of Common Stock previously registered on the following Form S-8s (collectively, the “Prior Form S-8s”):

 

  •   the Registrant’s Form S-8 filed on May 16, 2014 (File No. 333-196007); and

 

  •   the Registrant’s Form S-8 filed on December 18, 2014 (File No. 333-201048).

Pursuant to General Instruction E to Form S-8, the contents of the Prior Form S-8s are incorporated herein by reference and made a part hereof.

PART II

 

ITEM 8. EXHIBITS

 

Exhibit

Number

  

Description

  4.1 (1)   Amended and Restated Certificate of Incorporation of SCYNEXIS, Inc., as currently in effect.
  4.2 (2)   Amended and Restated Bylaws of SCYNEXIS, Inc., as currently in effect.
  5.1   Opinion of Cooley LLP.
23.1   Consent of Cooley LLP (included in Exhibit 5.1).
23.2   Consent of Independent Registered Public Accounting Firm.
24.1   Power of Attorney (included on the signature page of this Form S-8).
99.3 (3)   SCYNEXIS, Inc. 2014 Equity Incentive Plan
99.4 (4)   SCYNEXIS, Inc. 2014 Employee Stock Purchase Plan.

 

(1) Filed as Exhibit 3.1 to Registrant’s Current Report on Form 8-K (File No. 001-36365), filed with the Securities and Exchange Commission on May 12, 2014, and incorporated herein by reference.
(2) Filed as Exhibit 3.4 to Registrant’s Registration Statement on Form S-1 (File No. 333-194192), filed with the Securities and Exchange Commission on February 27, 2014, and incorporated herein by reference.
(3) Filed as Annex A to our Proxy Statement on Schedule 14A (File No. 001-36365), filed with the Securities and Exchange Commission on August 1, 2014, and incorporated herein by reference.
(4) Filed as Exhibit 99.4 to Registrant’s Registration Statement on Form S-8 (File No. 333-196007), filed with the Securities and Exchange Commission on May 16, 2014, and incorporated herein by reference.

SIGNATURES

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 Durham, State of North Carolina, on this 17th day of March, 2015.

 

SCYNEXIS, INC.
By:  

/s/ Yves J. Ribeill

  Yves J. Ribeill
  Chief Executive Officer

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoint Yves J. Ribeill and Charles F. Osborne, and each of them, as his or her true and lawful attorneys-in-fact and agents, each with the full power of substitution, for him or her and in his or her name, place or stead, in any and all capacities, to sign any and all amendments to this Registration Statement (including post-effective amendments), and to file the same, with 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 and about the premises, as fully to 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 their, his or her 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/    Yves J. Ribeill        

Yves J. Ribeill

   

Chief Executive Officer

(Principal Executive Officer)

   March 17, 2015

/s/    Charles F. Osborne        

Charles F. Osborne

   

Chief Financial Officer

(Principal Financial and Accounting Officer)

   March 17, 2015

/s/    Pamela J. Kirby        

Pamela J. Kirby, Ph.D.

    Director   March 17, 2015

/s/    Laurent Arthaud        

Laurent Arthaud

    Director   March 17, 2015

/s/    Guy Macdonald        

Guy Macdonald

    Director   March 17, 2015

/s/    Steven C. Gilman        

Steven C. Gilman, Ph.D.

    Director   March 17, 2015

/s/    Ann F. Hanham        

Ann F. Hanham, Ph.D.

    Director   March 17, 2015

/s/    Patrick J. Langlois        

Patrick J. Langlois, Ph.D.

    Director   March 17, 2015

/s/    Marco Taglietti        

Marco Taglietti

    Director   March 17, 2015

/s/    Jean-Yves Nothias        

Jean-Yves Nothias, Ph.D.

    Director   March 17, 2015

/s/    Edward E. Penhoet        

Edward E. Penhoet, Ph.D.

    Director   March 17, 2015

EXHIBIT INDEX

 

Exhibit

Number

  

Description

  4.1 (1)   Amended and Restated Certificate of Incorporation of SCYNEXIS, Inc., as currently in effect.
  4.2 (2)   Amended and Restated Bylaws of SCYNEXIS, Inc., as currently in effect.
  5.1   Opinion of Cooley LLP.
23.1   Consent of Cooley LLP (included in Exhibit 5.1).
23.2   Consent of Independent Registered Public Accounting Firm.
24.1   Power of Attorney (included on the signature page of this Form S-8).
99.3 (3)   SCYNEXIS, Inc. 2014 Equity Incentive Plan.
99.3 (4)   SCYNEXIS, Inc. 2014 Employee Stock Purchase Plan.

 

(1) Filed as Exhibit 3.1 to Registrant’s Current Report on Form 8-K (File No. 001-36365), filed with the Securities and Exchange Commission on May 12, 2014, and incorporated herein by reference.
(2) Filed as Exhibit 3.4 to Registrant’s Registration Statement on Form S-1 (File No. 333-194192), filed with the Securities and Exchange Commission on February 27, 2014, and incorporated herein by reference.
(3) Filed as Annex A to our Proxy Statement on Schedule 14A (File No. 001-36365), filed with the Securities and Exchange Commission on August 1, 2014, and incorporated herein by reference.
(4) Filed as Exhibit 99.4 to Registrant’s Registration Statement on Form S-8 (File No. 333-196007), filed with the Securities and Exchange Commission on May 16, 2014, and incorporated herein by reference.