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Delaware
(State or Other Jurisdiction
of Incorporation or Organization)
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82-4257312
(I.R.S. Employer
Identification No.)
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Large accelerated filer ☐
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Accelerated filer ☐
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Non-accelerated filer ☒
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Smaller reporting company ☒
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Emerging growth company ☒
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(1)
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The number of shares of common stock, par value $0.0001 per share, or Common Stock, stated above consists of the aggregate number of shares which may be sold upon the exercise of options or the issuance of stock-based awards which have been granted and/or may hereafter be granted under the Inhibrx, Inc. Amended and Restated 2017 Employee, Director and Consultant Equity Incentive Plan, or the Plan. The maximum number of shares which may be sold pursuant to the Plan is subject to adjustment in accordance with certain anti-dilution and other provisions of the Plan. Accordingly, pursuant to Rule 416 under the Securities Act of 1933, as amended, or the Securities Act, this registration statement covers, in addition to the number of shares stated above, an indeterminate number of shares which may be subject to grant or otherwise issuable after the operation of any such anti-dilution and other provisions.
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(2)
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This calculation is made solely for the purpose of determining the registration fee pursuant to the provisions of Rule 457(h) under the Securities Act as follows: (i) in the case of shares of Common Stock which may be purchased upon exercise of outstanding options, the fee is calculated on the basis of the average weighted-exercise price of such options; and (ii) in the case of shares of Common Stock for which options and stock-based awards have not yet been granted and the purchase price of which is therefore unknown, the fee is calculated based upon the initial public offering price of the registrant’s common stock set forth on the cover page of the registrant’s prospectus dated August 18, 2020 relating to its initial public offering, or the Prospectus. The chart below details the calculations of the registration fee:
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Securities
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Number of
Shares |
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Offering Price Per
Share |
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Aggregate
Offering Price |
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Shares issuable upon the exercise of outstanding options granted under the Plan
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2,304,194
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$
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10.97
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(2)(i)
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$
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25,277,009
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Shares reserved for future grant under the Plan
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695,806
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$
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17.00
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(2)(ii)
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$
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11,828,702
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Proposed Maximum Aggregate Offering Price
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$
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37,105,711
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Registration Fee
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$
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4,817
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(a)
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The Registrant’s Prospectus dated August 18, 2020, filed with the Commission on August 19, 2020, pursuant to Rule 424(b) of the Securities Act in connection with the Registrant’s registration statement on Form S-1 (No. 333-240135) which contains the Registrant’s audited financial statements for the latest fiscal year for which such statements have been filed.
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(b)
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The description of the Common Stock contained in the Registrant’s registration statement on Form 8-A (File No. 000-39452) filed with the Commission on August 14, 2020, under the Securities Exchange Act of 1934, as amended, or the Exchange Act, including any amendment or report filed for the purpose of updating such description.
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Exhibit
Number
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Exhibit Description
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Filed
Herewith |
Form
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Incorporated By Reference File No.
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Date Filed
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4.1
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S-1
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333-231907
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6/3/2019
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4.2
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S-1
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333-240135
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7/28/2020
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4.3
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S-1
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333-231907
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6/3/2019
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5.1
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X
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23.1
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X
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23.2
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X
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24.1
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X
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99.1
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S‑1/A
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333-240135
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8/12/2020
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(a)
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The undersigned Registrant hereby undertakes:
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(1)
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To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:
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(i)
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To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;
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(ii)
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To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represents a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective Registration Statement.
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(iii)
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To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;
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(2)
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That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
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(3)
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To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
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(b)
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The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the Registrant’s annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
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(c)
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Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
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INHIBRX, INC.
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By:
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/s/ Mark P. Lappe
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Name: Mark P. Lappe
Title: Chief Executive Officer and Chairman
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Signature
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Title
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Date
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/s/ Mark P. Lappe
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Chief Executive Officer and Chairman
(principal executive officer)
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August 19, 2020
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Mark P. Lappe
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/s/ Kelly D. Deck, C.P.A.
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Chief Financial Officer
(principal financial officer and
principal accounting officer)
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August 19, 2020
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Kelly D. Deck, C.P.A.
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/s/ Brendan P. Eckelman, Ph.D.
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Director
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August 19, 2020
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Brendan P. Eckelman, Ph.D.
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/s/ Jon Faiz Kayyem, Ph.D.
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Director
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August 19, 2020
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Jon Faiz Kayyem, Ph.D.
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/s/ Douglas G. Forsyth
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Director
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August 19, 2020
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Douglas G. Forsyth
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/s/ Kimberly Manhard
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Director
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August 19, 2020
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Kimberly Manhard
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Exhibit 5.1
3580 Carmel Mountain Road
Suite 300
San Diego, CA 92130
858 314 1500
mintz.com
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MINTZ
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August 19, 2020
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Page 2
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Very truly yours,
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/s/ Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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