As filed with the United States Securities and Exchange Commission on May 1, 2015
Registration No. 333-203267
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Amendment No. 2
to
FORM F-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
ADAPTIMMUNE THERAPEUTICS PLC
(Exact name of Registrant as specified in its charter)
Not Applicable
(Translation of Registrant's name into English)
England and Wales (State or other jurisdiction of incorporation or organization) |
2836 (Primary Standard Industrial Classification Code Number) |
Not Applicable (I.R.S. Employer Identification Number) |
91 Park Drive, Milton Park
Abingdon, Oxfordshire OX14 4RY
United Kingdom
(44) 1235 430000
(Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant's Principal Executive Offices)
ADAPTIMMUNE LLC
University City Science Center
3711 Market Street8th Floor
Philadelphia, PA 19104
United States of America
(267) 499 2066
(Name, Address, Including Zip Code, and Telephone Number, Including Area Code, of Agent For Service)
Copies to: |
||||
David S. Bakst Mayer Brown LLP 1221 Avenue of the Americas New York, NY 10020 Telephone: (212) 506 2500 Facsimile: (212) 262 1910 |
James J. Noble Chief Executive Officer Adaptimmune Therapeutics plc 91 Park Drive, Milton Park Abingdon, Oxfordshire, OX14 4RY United Kingdom Telephone: (44) 1235 430000 Facsimile: (44) 1235 430001 |
Steven D. Singer Lisa Firenze Wilmer Cutler Pickering Hale and Dorr LLP 7 World Trade Center 250 Greenwich Street New York, NY 10007 Telephone: (212) 230 8800 Facsimile: (212) 230 8888 |
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, check the following box. o
If this form is filed to register additional securities for an offering pursuant to Rule 462(b) 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. o
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. o
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. o
CALCULATION OF REGISTRATION FEE
|
||||||||
Title of each class of securities to be registered(1) |
Amount to be registered(2) |
Proposed maximum offering price per share |
Proposed maximum aggregate offering price(3) |
Amount of registration fee(4) |
||||
---|---|---|---|---|---|---|---|---|
Ordinary shares, par value £0.001 per share |
64,687,500 | $2.83 | $183,281,250 | $21,297.28 | ||||
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The Registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the registration statement shall become effective on such date as the Commission, acting pursuant to such Section 8(a), may determine.
Explanatory Note
Adaptimmune Therapeutics plc is filing this Amendment No. 2 (this "Amendment") to its Registration Statement on Form F-1 (Registration No. 333-203267) (the "Registration Statement") as an exhibit-only filing to file Exhibits 10.1, 10.4 and 10.10 and to amend and restate the list of exhibits set forth in Item 8 of Part II of the Registration Statement. No changes have been made to Part I or Part II of the Registration Statement other than this explanatory note as well as revised versions of the cover page and Item 8 of Part II of the Registration Statement. This Amendment does not contain a copy of the preliminary prospectus included in the Registration Statement, nor is it intended to amend or delete any part of the preliminary prospectus.
Part II
INFORMATION NOT REQUIRED IN THE PROSPECTUS
Item 6. Indemnification of directors and officers
The Registrant's articles of association provide that, subject to the Companies Act 2006, each of the Registrant's directors and other officers (excluding auditors) are entitled to be indemnified by the Registrant against all costs, charges, losses, expenses and liabilities incurred by him in the execution and discharge of his duties or in relation to those duties. The Companies Act 2006 renders void an indemnity for a director against any liability attaching to him in connection with any negligence, default, breach of duty or breach of trust in relation to the company of which he is a director. every person who is or was at any time a director or other officer (excluding an auditor) of the Registrant may be indemnified out of the assets of the Registrant against all costs, charges, expenses, losses or liabilities incurred by him in performing his duties or the exercise of his powers or otherwise in relation to or in connection with his duties, powers or office.
Reference is made to Sections 6 and 7 of the form of Underwriting Agreement filed as Exhibit 1.1 to the registration statement, which sets forth the registrant's and the underwriters' respective agreement to indemnify each other and to provide contribution in circumstances where indemnification is unavailable.
Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling us pursuant to the foregoing provisions, we have been informed that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.
Item 7. Recent sales of unregistered securities The following sets forth information regarding all unregistered securities sold by the
Registrant since January 1, 2012 (the share and options numbers in paragraphs 1 through 7 below are prior to and do not reflect the February 23, 2015 one-for-100 share exchange and the March 20, 1015 option exchange
described elsewhere in this registration statement):
II-1
The offers, sales and issuances of the securities described in paragraph (1) above were deemed to be exempt from registration under the Securities Act in reliance on Section 4(a)(2) of the Securities Act and Rule 506 promulgated under Regulation D thereunder as transactions by an issuer not involving a public offering or under Regulations S of the Securities Act. The recipients of securities in each of these transactions acquired the securities for investment only and not with a view to or for sale in connection with any distribution thereof and, in the case of the issuance of securities on September 23, 2014, appropriate legends were affixed to the securities issued in these transactions. Each of the recipients of securities in these transactions either was an accredited investor within the meaning of Rule 501 of Regulation D under the Securities Act and had adequate access, through employment, business or other relationships, to information about the Registrant or a non-U.S. person outside the United States as defined in Regulation S under the Securities Act. No underwriters were involved in these transactions. All of the ordinary shares of Adaptimmune Limited described above were exchanged for ordinary shares of the Registrant on February 23, 2015 in transactions exempt from registration under Section 4(a)(2) or Regulation S of the Securities Act. All of the options of Adaptimmune Limited described above, which were then outstanding, were exchanged for options in the Registrant on March 20, 2015 in transactions exempt from registration under Section 4(a)(2) or Regulation S of the Securities Act.
Exhibit Number |
Description of Exhibit | ||
---|---|---|---|
1.1 | * | Form of Underwriting Agreement. | |
3.1 | * | Memorandum and Articles of Association of Adaptimmune Therapeutics plc. | |
4.1 | * | Form of certificate evidencing ordinary shares. | |
4.2 | (1) | Form of Deposit Agreement among Adaptimmune Therapeutics plc, Citibank, N.A., as the depositary bank and Holders and Beneficial owners of ADSs issued thereunder. | |
4.3 | (1) | Form of American Depositary Receipt (included in Exhibit 4.2). | |
4.4 | * | Share for Share Exchange Agreement, dated February 23, 2015. | |
4.5 | * | Investors Rights Agreement, dated February 23, 2015 between Adaptimmune Therapeutics Limited and certain of its shareholders and Adaptimmune Limited. | |
II-2
Exhibit Number |
Description of Exhibit | ||
---|---|---|---|
5.1 | * | Opinion of Mayer Brown International LLP as to the validity of the ordinary shares. | |
10.1 | | Assignment and Exclusive License, dated May 20, 2013 between Immunocore Limited and Adaptimmune Limited. | |
10.2 | * | Collaboration and License Agreement, dated May 30, 2014 between Adaptimmune Limited and GlaxoSmithKline Intellectual Property Development Ltd. | |
10.3 | * | License Agreement, dated December 20, 2012 between Adaptimmune Limited and Life Technologies Corporation. | |
10.4 | | Sub-License Agreement, dated December 20, 2012 between Adaptimmune Limited and Life Technologies Corporation. | |
10.5 | * | Shareholder's Agreement relating to Adaptimmune Therapeutics Limited, dated February 23, 2015 between Adaptimmune Therapeutics Limited, Adaptimmune Limited and the shareholders named therein. | |
10.6 | * | Adaptimmune Limited Series A Preferred Share Purchase Agreement, dated September 23, 2014. | |
10.7 | * | Underlease, dated March 2, 2015 between Immunocore Limited and Adaptimmune Limited relating to Ground Floor East Wing, 91 Park Drive, Milton Park. | |
10.8 | * | Underlease, dated March 2, 2015 between Immunocore Limited and Adaptimmune Limited relating to Ground Floor West Wing, 91 Park Drive, Milton Park. | |
10.9 | * | Agreement dated March 2, 2015, between Adaptimmune Limited and Immunocore Limited relating to 91 Park Drive, Milton Park and Plot Park Drive Central Milton Park and Units 57A1, 57A2, 59B and 59CDE Jubilee Avenue Milton Park. | |
10.10 | Facilities and Services Agreement, dated July 31, 2014 between Immunocore Limited and Adaptimmune Limited. | ||
10.11 | * | Deed for Transitional Services, dated January 28, 2015 between Immunocore Limited and Adaptimmune Limited. | |
10.12 | * | Assignment and Exclusive License, dated January 28, 2015 between Immunocore Limited and Adaptimmune Limited. | |
10.13 | * | Target Collaboration Deed, dated January 28, 2015 between Immunocore Limited and Adaptimmune Limited. | |
10.14 | * | Adaptimmune Limited Share Option Scheme (Incorporating Management Incentive Options). | |
10.15 | * | Adaptimmune Limited 2014 Share Option Scheme (Incorporating Enterprise Management Incentive Options). | |
10.16 | * | Adaptimmune Limited Company Share Option Plan, dated December 16, 2014. | |
10.17 | * | Adaptimmune Therapeutics Limited 2015 Share Option Scheme, dated March 16, 2015. | |
10.18 | * | Adaptimmune Therapeutics Limited Company Share Option Plan, dated March 16, 2015. | |
10.19 | * | Service Agreement, dated March 25, 2014 between Adaptimmune Limited and James Noble. | |
10.20 | * | Service Agreement, dated March 24, 2014 between Adaptimmune Limited and Helen Tayton-Martin. | |
II-3
Exhibit Number |
Description of Exhibit | ||
---|---|---|---|
10.21 | * | Employment Agreement, dated March 1, 2011 between Adaptimmune LLC and Gwendolyn Binder-Scholl. | |
10.22 | * | Employment Agreement, dated February 18, 2015 between Adaptimmune LLC and Rafael Amado. | |
10.23 | * | Employment Agreement, dated February 20, 2015 between Adaptimmune LLC and Adrian Rawcliffe. | |
10.24 | * | Adaptimmune Therapeutics plc 2015 Share Option Scheme, dated March 16, 2015, as amended April 15, 2015. | |
10.25 | * | Adaptimmune Therapeutics plc Company Share Option Plan, dated March 16, 2015, as amended April 14, 2015. | |
10.26 | * | Service Agreement, dated April 24, 2015 between Adaptimmune Therapeutics plc and James Noble. | |
21.1 | * | List of Subsidiaries. | |
23.1 | * | Consent of KPMG LLP for Adaptimmune Limited. | |
23.2 | * | Consent of KPMG LLP for Adaptimmune Therapeutics Limited. | |
23.3 | * | Consent of Mayer Brown International LLP (included in Exhibit 5.1). | |
24.1 | * | Powers of Attorney (included in the signature page to this Registration Statement). |
All Schedules have been omitted because the information required to be presented in them is not applicable or is shown in the consolidated financial statements or related notes.
II-4
question of 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.
II-5
Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form F-1 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Oxfordshire, England, on May 1, 2015.
ADAPTIMMUNE THERAPEUTICS PLC | ||||||
By: |
/s/ JAMES J. NOBLE |
|||||
Name: | James J. Noble | |||||
Title: | Chief Executive Officer |
Pursuant to the requirements of the Securities Act, this Registration Statement has been signed by the following persons on May 1, 2015 in the capacities indicated.
|
Signature
|
Position
|
||
---|---|---|---|---|
/s/ JAMES J. NOBLE James J. Noble |
Chief Executive Officer and Director (Principal Executive Officer) | |||
* Jonathan Knowles, Ph.D. |
Chairman of the Board of Directors and Director |
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* Adrian Rawcliffe |
Chief Financial Officer (Principal Financial and Accounting Officer) |
|||
* Lawrence M. Alleva |
Director |
|||
* Ali Behbahani, M.D. |
Director |
|||
* Ian Laing |
Director |
|||
* David M. Mott |
Director |
II-6
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Signature
|
Position
|
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---|---|---|---|---|
* Elliott Sigal, M.D., Ph.D |
Director | |||
* Peter Thompson, M.D. |
Director |
|||
*By: |
/s/ JAMES J. NOBLE James J. Noble Attorney-in-Fact |
II-7
SIGNATURE OF AUTHORIZED UNITED STATES REPRESENTATIVE OF THE REGISTRANT
Pursuant to the Securities Act, the undersigned, the duly authorized representative in the United States of Adaptimmune Therapeutics plc, has signed this registration statement or amendment thereto on May 1, 2015.
ADAPTIMMUNE LLC | ||||||
By: |
/s/ JAMES J. NOBLE |
|||||
Name: | James J. Noble | |||||
Title: | Chief Executive Officer |
II-8
Exhibit Number | Description of Exhibit | ||
---|---|---|---|
1.1 | * | Form of Underwriting Agreement. | |
3.1 | * | Memorandum and Articles of Association of Adaptimmune Therapeutics plc. | |
4.1 | * | Form of certificate evidencing ordinary shares. | |
4.2 | (1) | Form of Deposit Agreement among Adaptimmune Therapeutics plc, Citibank, N.A., as the depositary bank and Holders and Beneficial owners of ADSs issued thereunder. | |
4.3 | (1) | Form of American Depositary Receipt (included in Exhibit 4.2). | |
4.4 | * | Share for Share Exchange Agreement, dated February 23, 2015. | |
4.5 | * | Investors Rights Agreement, dated February 23, 2015 between Adaptimmune Therapeutics Limited and certain of its shareholders and Adaptimmune Limited. | |
5.1 | * | Opinion of Mayer Brown International LLP as to the validity of the ordinary shares. | |
10.1 | | Assignment and Exclusive License, dated May 20, 2013 between Immunocore Limited and Adaptimmune Limited. | |
10.2 | * | Collaboration and License Agreement, dated May 30, 2014 between Adaptimmune Limited and GlaxoSmithKline Intellectual Property Development Ltd. | |
10.3 | * | License Agreement, dated December 20, 2012 between Adaptimmune Limited and Life Technologies Corporation. | |
10.4 | | Sub-License Agreement, dated December 20, 2012 between Adaptimmune Limited and Life Technologies Corporation. | |
10.5 | * | Shareholder's Agreement relating to Adaptimmune Therapeutics Limited, dated February 23, 2015 between Adaptimmune Therapeutics Limited, Adaptimmune Limited and the shareholders named therein. | |
10.6 | * | Adaptimmune Limited Series A Preferred Share Purchase Agreement, dated September 23, 2014. | |
10.7 | * | Underlease, dated March 2, 2015 between Immunocore Limited and Adaptimmune Limited relating to Ground Floor East Wing, 91 Park Drive, Milton Park. | |
10.8 | * | Underlease, dated March 2, 2015 between Immunocore Limited and Adaptimmune Limited relating to Ground Floor West Wing, 91 Park Drive, Milton Park. | |
10.9 | * | Agreement dated March 2, 2015, between Adaptimmune Limited and Immunocore Limited relating to 91 Park Drive, Milton Park and Plot Park Drive Central Milton Park and Units 57A1, 57A2, 59B and 59CDE Jubilee Avenue Milton Park. | |
10.10 | Facilities and Services Agreement, dated July 31, 2014 between Immunocore Limited and Adaptimmune Limited. | ||
10.11 | * | Deed for Transitional Services, dated January 28, 2015 between Immunocore Limited and Adaptimmune Limited. | |
10.12 | * | Assignment and Exclusive License, dated January 28, 2015 between Immunocore Limited and Adaptimmune Limited. | |
10.13 | * | Target Collaboration Deed, dated January 28, 2015 between Immunocore Limited and Adaptimmune Limited. | |
Exhibit Number | Description of Exhibit | ||
---|---|---|---|
10.14 | * | Adaptimmune Limited Share Option Scheme (Incorporating Management Incentive Options). | |
10.15 | * | Adaptimmune Limited 2014 Share Option Scheme (Incorporating Enterprise Management Incentive Options). | |
10.16 | * | Adaptimmune Limited Company Share Option Plan, dated December 16, 2014. | |
10.17 | * | Adaptimmune Therapeutics Limited 2015 Share Option Scheme, dated March 16, 2015. | |
10.18 | * | Adaptimmune Therapeutics Limited Company Share Option Plan, dated March 16, 2015. | |
10.19 | * | Service Agreement, dated March 25, 2014 between Adaptimmune Limited and James Noble. | |
10.20 | * | Service Agreement, dated March 24, 2014 between Adaptimmune Limited and Helen Tayton-Martin. | |
10.21 | * | Employment Agreement, dated March 1, 2011 between Adaptimmune LLC and Gwendolyn Binder-Scholl. | |
10.22 | * | Employment Agreement, dated February 18, 2015 between Adaptimmune LLC and Rafael Amado. | |
10.23 | * | Employment Agreement, dated February 20, 2015 between Adaptimmune LLC and Adrian Rawcliffe. | |
10.24 | * | Adaptimmune Therapeutics plc 2015 Share Option Scheme, dated March 16, 2015, as amended April 15, 2015. | |
10.25 | * | Adaptimmune Therapeutics plc 2015 Company Share Option Plan, dated March 16, 2015, as amended April 15, 2015. | |
10.26 | * | Service Agreement, dated April 24, 2015 between Adaptimmune Therapeutics plc and James Noble. | |
21.1 | * | List of Subsidiaries. | |
23.1 | * | Consent of KPMG LLP for Adaptimmune Limited. | |
23.2 | * | Consent of KPMG LLP for Adaptimmune Therapeutics Limited. | |
23.3 | * | Consent of Mayer Brown International LLP (included in Exhibit 5.1). | |
24.1 | * | Powers of Attorney (included in the signature page to this Registration Statement). |
All Schedules have been omitted because the information required to be presented in them is not applicable or is shown in the consolidated financial statements or related notes.