As filed with the Securities and Exchange Commission on June 26, 2019.
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-1
REGISTRATION STATEMENT
Under
The Securities Act of 1933
BRIDGEBIO PHARMA, INC.
(Exact name of registrant as specified in its charter)
Delaware | 2834 | 84-1850815 | ||
(State or other jurisdiction of incorporation or organization) |
(Primary Standard Industrial Classification Code Number) |
(I.R.S. Employer Identification Number) |
421 Kipling Street
Palo Alto, CA
(650) 391-9740
(Address, including zip code, and telephone number, including area code, of registrants principal executive offices)
Neil Kumar
Chief Executive Officer
BridgeBio Pharma, Inc.
421 Kipling Street
Palo Alto, CA 94301
(650) 391-9740
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
Mitchell S. Bloom Maggie L. Wong Goodwin Procter LLP Three Embarcadero Center, 28th Floor San Francisco, CA 94111 (415) 733-6000 |
Neil Kumar Chief Executive Officer BridgeBio Pharma, Inc. 421 Kipling Street Palo Alto, CA 94301 (650) 391-9740 |
Marc D. Jaffe Ian D. Schuman Joshua M. Dubofsky Brian J. Cuneo Latham & Watkins LLP 140 Scott Dr. Menlo Park, CA 94025 (650) 328-4600 |
Approximate date of commencement of proposed sale to the public:
As soon as practicable after the effective date of this registration statement.
If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, as amended, check the following box. ☐
If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☒ 333-231759
If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐
If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐
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. ☐
CALCULATION OF REGISTRATION FEE
| ||||||||
Title of Each Class of Securities to be Registered |
Amount to be Registered(1) |
Proposed Maximum Aggregate Offering Price per Share(2) |
Proposed Maximum Aggregate Offering Price |
Amount of Registration Fee(3) | ||||
Common stock, $0.001 par value per share |
575,000 | $ 17.00 | $ 9,775,000 | $ 1,184.73 | ||||
| ||||||||
|
(1) | Represents only the additional number of shares being registered and includes 75,000 shares of common stock issuable upon exercise of the underwriters option to purchase additional shares to cover over-allotments, if any. Does not include the securities that the Registrant previously registered on the Registration Statement on Form S-1, as amended (File No. 333-231759). |
(2) | Based on the public offering price. |
(3) | The registration fee is calculated in accordance with Rule 457(a) under the Securities Act of 1933, as amended, based on the proposed maximum aggregate offering price. The Registrant previously registered securities at an aggregate offering price not to exceed $368,000,000 on a Registration Statement on Form S-1 (File No. 333-231759), which was declared effective by the Securities and Exchange Commission on June 26, 2019. In accordance with Rule 462(b) under the Securities Act, an additional amount of securities having a proposed maximum aggregate offering price of $9,775,000 is hereby registered, which includes shares issuable upon the exercise of the underwriters option to purchase additional shares. |
The Registration Statement shall become effective upon filing in accordance with Rule 462(b) promulgated under the Securities Act of 1933, as amended.
EXPLANATORY NOTE AND INCORPORATION BY REFERENCE
This Registration Statement (the Registration Statement) is being filed pursuant to Rule 462(b) under the Securities Act of 1933, as amended (the Securities Act) with respect to the registration of additional shares of common stock, par value $0.001 per share (the Common Stock) of BridgeBio Pharma, Inc. (the Registrant). The contents of the Registration Statement on Form S-1 (File No. 333-231759) (the Prior Registration Statement) filed by the Registrant with the Securities and Exchange Commission (the Commission) pursuant to the Securities Act, which was declared effective by the Commission on June 26, 2019, are incorporated by reference into this Registration Statement. The additional shares of Common Stock that are being registered for sale are in an amount and at a price that together represent no more than 20% of the maximum aggregate offering price set forth in the Calculation of Registration Fee table contained in the Prior Registration Statement.
The required opinion and consents are listed on an Exhibit Index attached hereto and filed herewith.
EXHIBIT INDEX
* | Previously filed on the signature page to the Registrants Prior Registration Statement, incorporated by reference herein. |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this Registration Statement on Form S-1 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Palo Alto, California, on the 26th day of June, 2019.
BRIDGEBIO PHARMA, INC. | ||
By: | /s/ Neil Kumar, Ph.D. | |
Neil Kumar, Ph.D. | ||
Chief Executive Officer |
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement and Power of Attorney has been signed by the following person in the capacities and on the date indicated.
Name |
Title |
Date | ||
/s/ Neil Kumar, Ph.D. |
Chief Executive Officer, Director |
June 26, 2019 | ||
Neil Kumar, Ph.D. | (Principal Executive Officer) | |||
/s/ Brian C. Stephenson, Ph.D., CFA |
Chief Financial Officer |
June 26, 2019 | ||
Brian C. Stephenson, Ph.D., CFA | (Principal Financial and Accounting Officer) | |||
* |
Director |
June 26, 2019 | ||
Eric Aguiar, M.D. | ||||
* |
Director |
June 26, 2019 | ||
Charles Homcy, M.D. | ||||
* |
Director |
June 26, 2019 | ||
James C. Momtazee | ||||
* |
Director |
June 26, 2019 | ||
Ali J. Satvat | ||||
* |
Director |
June 26, 2019 | ||
Richard H. Scheller, Ph.D. |
*By: | /s/ Neil Kumar | |
Neil Kumar | ||
Attorney-in-fact |
Exhibit 5.1
Goodwin Procter LLP Three Embarcadero Center, 28th Floor San Francisco, CA 94111
goodwinlaw.com
+1 415 733 6000 |
June 26, 2019
BridgeBio Pharma, Inc.
421 Kipling Street
Palo Alto, CA 94301
Re: Securities Registered under Registration Statement on Form S-1
Ladies and Gentlemen:
We have acted as counsel to you in connection with your filing of (i) a Registration Statement on Form S-1 (File No. 333-231759) (as amended or supplemented, the Initial Registration Statement) pursuant to the Securities Act of 1933, as amended (the Securities Act), and (ii) a second Registration Statement on Form S-1 filed pursuant to Rule 462(b) promulgated under the Securities Act (the 462(b) Registration Statement, and together with the Initial Registration Statement, the Registration Statement). This opinion letter is furnished to you in connection with your filing of the 462(b) Registration Statement relating to the registration of the offering by BridgeBio Pharma, Inc., a Delaware corporation (the Company) of up to 575,000 shares (the Shares) of the Companys Common Stock, $0.001 par value per share, including Shares purchasable by the underwriters upon their exercise of an over-allotment option granted to the underwriters by the Company. The Shares are being sold to the several underwriters named in, and pursuant to, an underwriting agreement among the Company and such underwriters (the Underwriting Agreement).
We have reviewed such documents and made such examination of law as we have deemed appropriate to give the opinions set forth below. We have relied, without independent verification, on certificates of public officials and, as to matters of fact material to the opinions set forth below, on certificates of officers of the Company.
The opinion set forth below is limited to the Delaware General Corporation Law.
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 Underwriting Agreement, the Shares will be validly issued, fully paid and non-assessable.
We hereby consent to the inclusion of this opinion as Exhibit 5.1 to the 462(b) Registration Statement and to the references to our firm under the caption Legal Matters in the Initial 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 |
Exhibit 23.1
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We consent to the incorporation by reference in this Registration Statement on Form S-1 (filed pursuant to Rule 462(b) of the Securities Act of 1933, as amended) of our report dated April 15, 2019 (May 16, 2019 as to the effects of the restatements discussed in Note 2 and Note 7) relating to the combined and consolidated financial statements of BridgeBio Pharma LLC appearing in the Prospectus, which is part of this Registration Statement No. 333-231759 on Form S-1, and to the reference to us under the heading Experts in such Prospectus.
/s/ DELOITTE & TOUCHE LLP
San Francisco, California
June 26, 2019
Exhibit 23.2
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We consent to incorporation by reference in this Registration Statement on Form S-1 (filed pursuant to Rule 462(b) of the Securities Act of 1933, as amended) of our report dated May 24, 2019 relating to the financial statement of BridgeBio Pharma, Inc. appearing in the Prospectus, which is part of this Registration Statement No. 333-231759 on Form S-1, and to the reference to us under the heading Experts in such Prospectus.
/s/ DELOITTE & TOUCHE LLP
San Francisco, California
June 26, 2019