As filed with the Securities and Exchange Commission on May 6, 2022
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Rain Therapeutics Inc.
(Exact name of registrant as specified in its charter)
Delaware | 82-1130967 | |
(State or Other Jurisdiction of Incorporation or Organization) |
(I.R.S. Employer Identification No.) |
8000 Jarvis Avenue, Suite 204
Newark, CA 94560
(Address of Principal Executive Offices, Zip Code)
Rain Therapeutics Inc. 2021 Equity Incentive Plan
Rain Therapeutics Inc. 2021 Employee Stock Purchase Plan
(Full title of the plan)
Avanish Vellanki
Chief Executive Officer
Rain Therapeutics Inc.
8000 Jarvis Avenue, Suite 204
Newark, CA 94560
(510) 953-5559
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to:
Ryan A. Murr
Branden C. Berns
Gibson, Dunn & Crutcher LLP
555 Mission Street
San Francisco, CA 94105-0921
(415) 393-8373
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 (this Registration Statement) registers 1,059,032 additional shares of common stock, par value $0.001 per share (Common Stock) of Rain Therapeutics Inc. (the Registrant) to be issued pursuant to the Rain Therapeutics Inc. 2021 Equity Incentive Plan and 264,758 additional shares of Common Stock to be issued pursuant to the Rain Therapeutics Inc. 2021 Employee Stock Purchase Plan. The information contained in the Registrants registration statement on Form S-8 filed with the Securities and Exchange Commission (the SEC) (SEC File No. 333-255548), together with all exhibits filed therewith or incorporated therein by reference, is hereby incorporated by reference pursuant to General Instruction E to Form S-8, and the shares of Common Stock registered hereunder are in addition to the shares of Common Stock registered on such registration statements.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 8. | Exhibits. |
* | Filed herewith. |
2
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 Newark, State of California, on May 6, 2022.
Rain Therapeutics Inc. | ||
By: | /s/ Avanish Vellanki | |
Name: | Avanish Vellanki | |
Title: | Chairman and Chief Executive Officer |
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints each of Avanish Vellanki, Nelson Cabatuan and Jamie S. Blose, and each of them acting individually, as his or her true and lawful attorneys-in-fact and agents, each with full power of substitution and resubstitution in each of them singly, for him or her and in his or her name, place and stead, and in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting to the 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 or about the premises, as full to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that the attorneys-in-fact and agents or any of each of them or their substitutes may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on the dates indicated.
Signature |
Title |
Date | ||
/s/ Avanish Vellanki Avanish Vellanki |
Chairman and Chief Executive Officer (principal executive officer) |
May 6, 2022 | ||
/s/ Nelson Cabatuan Nelson Cabatuan |
Senior Vice President of Finance and Administration (principal financial and accounting officer) |
May 6, 2022 | ||
/s/ Franklin M. Berger Franklin M. Berger |
Director | May 6, 2022 | ||
/s/ Aaron Davis Aaron Davis |
Director | May 6, 2022 | ||
/s/ Gorjan Hrustanovic, PhD Gorjan Hrustanovic, PhD |
Director | May 6, 2022 | ||
/s/ Tran Nguyen Tran Nguyen |
Director | May 6, 2022 | ||
/s/ Peter Radovich Peter Radovich |
Director | May 6, 2022 | ||
/s/ Stefani Wolff Stefani Wolff |
Director | May 6, 2022 |
3
Exhibit 5.1
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May 6, 2022
Rain Therapeutics Inc. 8000 Jarvis Avenue, Suite 204 Newark, CA 94560 |
Re: | Rain Therapeutics Inc. |
Registration Statement on Form S-8
Ladies and Gentlemen:
We have examined the Registration Statement on Form S-8 (the Registration Statement), of Rain Therapeutics Inc., a Delaware corporation (the Company) filed with the Securities and Exchange Commission (the Commission) pursuant to the Securities Act of 1933, as amended (the Securities Act), in connection with the offering by the Company of up to (a) 1,059,032 shares of the Companys common stock, par value $0.001 per share (the Common Stock), issuable to eligible individuals under the Rain Therapeutics Inc. 2021 Equity Incentive Plan (the 2021 Plan) and (b) 264,758 shares of Common Stock issuable to eligible individuals under the Rain Therapeutics Inc. 2021 Employee Stock Purchase Plan (the ESPP and together with the 2021 Plan, the Plans).
We have examined the Plans and the originals, or photostatic or certified copies, of such records of the Company and certificates of officers of the Company and of public officials and such other documents as we have deemed relevant and necessary as the basis for the opinions set forth below. We have also made such other investigations as we have deemed relevant and necessary or appropriate in connection with the opinion hereinafter set forth. In our examination, we have assumed the genuineness of all signatures, the legal capacity and competency of all natural persons, the authenticity of all documents submitted to us as originals and the conformity to original documents of all documents submitted to us as copies. We have also assumed that there are no agreements or understandings between or among the Company and any participants in the Plans that would expand, modify or otherwise affect the terms of the Plans or the respective rights or obligations of the participants thereunder. Finally, we have assumed the accuracy of all other information provided to us by the Company during the course of our investigations, on which we have relied in issuing the opinion expressed below.
Based upon the foregoing examination and in reliance thereon, and subject to the assumptions stated and in reliance on statements of fact contained in the documents that we have examined, we are of the opinion that the shares of Common Stock issuable under the Plans, when issued and sold in accordance with the terms of the respective Plans and against payment therefor, and when the Registration Statement has become effective under the Securities Act, will be validly issued, fully paid and non-assessable.
Rain Therapeutics Inc.
May 6, 2022
Page 2
We render no opinion herein as to matters involving the laws of any jurisdiction other than the Delaware General Corporation Law (the DGCL). We are not admitted to practice in the State of Delaware; however, we are generally familiar with the DGCL as currently in effect and have made such inquiries as we consider necessary to render the opinions above. This opinion is limited to the effect of the current state of the law of the DGCL and the facts as they currently exist. We assume no obligation to revise or supplement this opinion in the event of future changes in such law or the interpretations thereof or such facts.
We consent to the filing of this opinion as an exhibit to the Registration Statement. In giving this consent, we do not thereby 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.
Very truly yours,
/S/ GIBSON, DUNN & CRUTCHER
Exhibit 23.1
Consent of Independent Registered Public Accounting Firm
We consent to the incorporation by reference in the Registration Statement (Form S-8) pertaining to the Rain Therapeutics Inc. 2021 Equity Incentive Plan and Rain Therapeutics Inc. 2021 Employee Stock Purchase Plan of our report dated March 3, 2022, with respect to the financial statements of Rain Therapeutics Inc. included in its Annual Report (Form 10-K) for the year ended December 31, 2021, filed with the Securities and Exchange Commission.
/s/ Ernst & Young LLP |
San Diego, California
May 6, 2022
Exhibit 107.1
Calculation of Filing Fee Tables
FORM S-8
(Form Type)
RAIN THERAPEUTICS, INC.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
Security Type
|
Security Class Title (1)
|
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
|
Rule 457(a) (2)
|
1,059,032 (4)
|
$3.72
|
$3,939,600
|
$92.70 per $1,000,000
|
$365.20
| |||||||
Equity
|
Common stock, par value $0.001 per share
|
Rule 457(a) (3)
|
264,758 (5)
|
$3.72
|
$984,900
|
$92.70 per $1,000,000
|
$91.30
| |||||||
Total Offering Amounts
|
$4,924,500
|
$456.50
| ||||||||||||
Total Fee Offsets
|
| |||||||||||||
Net Fee Due
|
$456.50
|
(1) | Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the Securities Act), this Registration Statement on Form S-8 (this Registration Statement) shall also cover any additional shares of common stock, par value $0.001 per share (the Common Stock) of Rain Therapeutics Inc. (the Registrant) that become issuable under the Rain Therapeutics, Inc. 2021 Equity Incentive Plan (the 2021 Plan) and the Rain Therapeutics Inc. 2021 Employee Stock Purchase Plan (the ESPP). |
(2) | Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and (h) of the Securities Act, and based on the average of the high and low sale prices of the Common Stock, as quoted on the Nasdaq Global Select Market, on May 4, 2022. |
(3) | Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and (h) of the Securities Act, and based on the average of the high and low sale prices of the Common Stock, as quoted on the Nasdaq Global Select Market, on May 4, 2022. Pursuant to the ESPP, the purchase price of a share of Common Stock is 85% of the fair market value of the Common Stock. |
(4) | Represents 1,059,032 shares of Common Stock reserved for issuance under the 2021 Plan. |
(5) | Represents 264,758 shares of Common Stock reserved for issuance under the ESPP. |