S-8

As filed with the Securities and Exchange Commission on May 7, 2025

Registration No. 333-   

 

 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM S-8

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

SERES THERAPEUTICS, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Delaware   27-4326290

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

101 Cambridgepark Drive

Cambridge, MA 02140

(Address of Principal Executive Offices) (Zip Code)

Seres Therapeutics, Inc. 2025 Incentive Award Plan

(Full Title of the Plan)

Eric D. Shaff.

President and Chief Executive Officer

Seres Therapeutics, Inc.

101 Cambridgepark Drive

Cambridge, MA 02140

(Name and Address of Agent for Service)

(617) 945-9626

(Telephone Number, including Area Code, of Agent for Service)

 

 

Copies to:

Peter N. Handrinos, Esq.

Latham & Watkins LLP

200 Clarendon Street

Boston, MA 02116

(617) 948-6060

 

 

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 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 is being filed for the purpose of registering 479,750 shares of the Registrant’s common stock to be issued pursuant to the Seres Therapeutics, Inc. 2025 Incentive Award Plan (the “2025 Plan”). On April 10, 2025, the Registrant’s stockholders approved the amendment and restatement of the Seres Therapeutics, Inc. 2015 Incentive Award Plan (the “2015 Plan”) to, among other things, authorize the issuance of 2,230,243 shares of the Registrant’s common stock for awards under the amended and restated 2015 Plan, which includes 1,750,493 shares previously authorized for issuance under the 2015 Plan plus an increase of 479,750 shares, and extend the term of the amended and restated 2015 Plan to March 3, 2035. In connection with amending and restating the 2015 Plan, the name of the 2015 Plan was updated to the 2025 Plan.

INCORPORATION BY REFERENCE OF CONTENTS OF

REGISTRATION STATEMENTS ON FORM S-8

The contents of the Registration Statements on Form S-8 (File Nos. 333-205253, 333-210171, 333-223514, 333-230092, 333-236824, 333-253776, 333-263134, 333-270319, 333-277658 and 333-285769), including any amendments thereto, filed with the Securities and Exchange Commission, relating to the 2025 Plan (as an amendment and restatement of the 2015 Plan), are incorporated by reference herein.

 

Item 8.

Exhibits.

 

Number    Description
  4.1    Restated Certificate of Incorporation of the Registrant (incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K (File No. 001-37456) filed on July 1, 2015)
  4.2    Certificate of Amendment to Restated Certificate of Incorporation of the Registrant, dated June  27, 2023 (incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K (File No. 001-37456) filed on June 28, 2023)
  4.3    Certificate of Amendment to Restated Certificate of Incorporation of the Registrant, dated April  5, 2024 (incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K (File No. 001-37456) filed on April 8, 2024)
  4.4    Certificate of Amendment to Restated Certificate of Incorporation of Seres Therapeutics, Inc., dated April  21, 2025 (incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K (File No. 001-37456) filed on April 21, 2025)
  4.4    Amended and Restated By-Laws of the Registrant (incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K (File No. 001-37456) filed on January 2, 2024)
  5.1+    Opinion of Latham & Watkins LLP, counsel to the Registrant
 23.1+    Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm
 23.2+    Consent of Latham & Watkins LLP (included in Exhibit 5.1)
 24.1+    Power of attorney (included on signature pages below)
 99.1    Seres Therapeutics, Inc. 2025 Incentive Award Plan (incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No. 001-37456) filed on April 14, 2025)
107+    Filing Fee Table

 

+

Filed herewith


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 Cambridge, Commonwealth of Massachusetts, on this 7th day of May, 2025.

 

SERES THERAPEUTICS, INC.
By:   /s/ Eric D. Shaff
  Eric D. Shaff
  President and Chief Executive Officer

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Eric D. Shaff and Marella Thorell, or either of them, as his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to file and sign any and all amendments, including post-effective amendments, to this registration statement, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith 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 substitute or substitutes may lawfully do or cause to be done by virtue hereof. This power of attorney shall be governed by and construed with the laws of the State of Delaware and applicable federal securities laws.

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.

 

SIGNATURE    TITLE   DATE

/s/ Eric D. Shaff

Eric D. Shaff

  

President, Chief Executive Officer, Director

(principal executive officer)

  May 7, 2025

/s/ Marella Thorell

Marella Thorell

  

Executive Vice President and Chief Financial Officer

(principal accounting officer and principal financial officer)

  May 7, 2025

/s/ Stephen Berenson

Stephen Berenson

   Chairman of the Board   May 7, 2025

/s/ Dennis Ausiello

Dennis Ausiello, M.D.

   Director   May 7, 2025

/s/ Paul R. Biondi

Paul R. Biondi

   Director   May 7, 2025

/s/ Willard H. Dere

Willard H. Dere, M.D.

   Director   May 7, 2025


/s/ Claire M. Fraser

Claire M. Fraser, Ph.D.

   Director   May 7, 2025

/s/ Kurt C. Graves

Kurt C. Graves

   Director   May 7, 2025

/s/ Richard N. Kender

Richard N. Kender

   Director   May 7, 2025

/s/ Hans-Juergen Woerle

Hans-Juergen Woerle

   Director   May 7, 2025
EX-5.1

Exhibit 5.1

 

  200 Clarendon Street
  Boston, Massachusetts 02116
 

Tel: +1.617.948.6000 Fax: +1.617.948.6001 www.lw.com

 

LOGO   FIRM / AFFILIATE OFFICES
  Austin   Milan
  Beijing   Munich
  Boston   New York
  Brussels   Orange County
  Century City   Paris
  Chicago   Riyadh
  Dubai   San Diego
  Düsseldorf   San Francisco
  Frankfurt   Seoul
  Hamburg   Silicon Valley
  Hong Kong   Singapore
  Houston   Tel Aviv
  London   Tokyo
  Los Angeles   Washington, D.C.
  Madrid  

May 7, 2025

Seres Therapeutics, Inc.

101 Cambridgepark Drive

Cambridge, MA 02140

 

  Re:

Registration Statement on Form S-8; 479,750 shares of Seres Therapeutics, Inc.

 

Common Stock, $0.001 par value per share

To the addressee set forth above:

We have acted as special counsel to Seres Therapeutics, Inc., a Delaware corporation (the “Company”), in connection with the preparation and filing by the Company with the Securities and Exchange Commission (the “Commission”) of a registration statement on Form S-8 (the “Registration Statement”) under the Securities Act of 1933, as amended (the “Act”), relating to the issuance by the Company of up to 479,750 shares of common stock of the Company, $0.001 par value per share (the “Shares”), issuable under the Seres Therapeutics, Inc. 2025 Incentive Award Plan (the “Plan”). This opinion is being furnished in connection with the requirements of Item 601(b)(5) of Regulation S-K under the Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or the prospectus forming a part thereof, other than as expressly stated herein with respect to the issuance of the Shares.

As such counsel, we have examined such matters of fact and questions of law as we have considered appropriate for purposes of this letter. With your consent, we have relied upon certificates and other assurances of officers of the Company and others as to factual matters without having independently verified such factual matters. We are opining herein as to the General Corporation Law of the State of Delaware (the “DGCL”), and we express no opinion with respect to any other laws.


May 7, 2025

Page 2

 

LOGO

 

Subject to the foregoing and the other matters set forth herein, it is our opinion that, as of the date hereof, when the Shares shall have been duly registered on the books of the transfer agent and registrar therefor in the name or on behalf of the purchasers, and have been issued by the Company for legal consideration in excess of par value in the circumstances contemplated by the Plan, assuming in each case that the individual grants or awards under the Plan are duly authorized by all necessary corporate action and duly granted or awarded and exercised in accordance with the requirements of law and the Plan (and the agreements and awards duly adopted thereunder and in accordance therewith), the issue and sale of the Shares will have been duly authorized by all necessary corporate action of the Company, and the Shares will be validly issued, fully paid and nonassessable. In rendering the foregoing opinion, we have assumed that the Company will comply with all applicable notice requirements regarding uncertificated shares provided in the DGCL.

This opinion is for your benefit in connection with the Registration Statement and may be relied upon by you and by persons entitled to rely upon it pursuant to the applicable provisions of the Act. We consent to your filing this opinion as an exhibit to the Registration Statement. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder.

 

Sincerely,

/s/ Latham & Watkins LLP

EX-23.1

Exhibit 23.1

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in this Registration Statement on Form S-8 of Seres Therapeutics, Inc. of our report dated March 13, 2025 relating to the financial statements and the effectiveness of internal control over financial reporting, which appears in Seres Therapeutics, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2024.

/s/ PricewaterhouseCoopers LLP

Boston, Massachusetts

May 7, 2025

EX-FILING FEES

Exhibit 107

CALCULATION OF FILING FEE TABLE

FORM S-8

(Form Type)

SERES THERAPEUTICS, INC.

(Exact Name of Registrant as Specified in its Charter)

Table I: Newly Registered Securities

                 
Plan   Security
Type
 

Security

Class

Title

 

Fee

Calculation
Rule

  Amount
Registered(1)
  Proposed
Maximum
Offering
Price Per
Unit
 

Maximum

Aggregate

Offering

Price

 

Fee

Rate

  Amount of
Registration
Fee
                 
2025 Incentive Award Plan   Equity   Common Stock, par value $0.001 per share   Rule 457(c)
and 457(h)
  479,750(2)   $8.80(3)   $4,221,800   $153.10 per million dollars   $646.36
           
    Total Offering Amounts     $4,221,800     $646.36
           
    Total Fee Offsets         $ —
           
    Net Fee Due               $646.36

 

(1)

In accordance with Rule 416(a) under the Securities Act of 1933, as amended (“Securities Act”), this registration statement shall be deemed to cover any additional securities that may from time to time be offered or issued under the Seres Therapeutics, Inc. 2025 Incentive Award Plan (the “Incentive Plan”) to prevent dilution resulting from stock splits, stock dividends or similar transactions. In addition, pursuant to Rule 416(c) under the Securities Act, this registration statement also covers an indeterminate amount of interests to be offered or sold pursuant to the Incentive Plan and the ESPP.

(2)

Consists of 479,750 shares of Common Stock that may become issuable under the Incentive Plan pursuant to its terms.

(3)

Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and 457(h) of the Securities Act of 1933, as amended, and based upon the average of the high and low prices of the Common Stock as reported on the Nasdaq Global Select Market on May 6, 2025.