As filed with the Securities and Exchange Commission on February 1, 2013

Registration No. 333-     

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM S-8

 

REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933

 

MERRIMACK PHARMACEUTICALS, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware

 

04-3210530

(State or Other Jurisdiction of Incorporation

or Organization)

 

(I.R.S. Employer
Identification No.)

 

 

 

One Kendall Square, Suite B7201

Cambridge, MA

 

02139

(Address of Principal Executive Offices)

 

(Zip Code)

 

2011 Stock Incentive Plan

(Full Title of the Plan)

 

Robert J. Mulroy

President and Chief Executive Officer

Merrimack Pharmaceuticals, Inc.

One Kendall Square, Suite B7201

Cambridge, Massachusetts 02139

(Name and Address of Agent for Service)

 

(617) 441-1000

(Telephone Number, Including Area Code, of Agent For Service)

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b of the Exchange Act.

 

Large accelerated filer o

 

Accelerated filer o

 

 

 

Non-accelerated filer x

 

Smaller reporting company o

(Do not check if a smaller reporting company)

 

 

 

CALCULATION OF REGISTRATION FEE

 

Title of
Securities to be
Registered

 

Amount to be
Registered(1)

 

Proposed
Maximum
Offering Price Per
Share

 

Proposed
Maximum
Aggregate
Offering Price

 

Amount of
Registration Fee

 

Common Stock, $0.01 par value per share

 

3,353,882 shares

 

$

6.125

(2)

$

20,542,527.25

(2)

$

2,802.01

 

(1)                                 In accordance with Rule 416 under the Securities Act of 1933, as amended, this registration statement shall be deemed to cover any additional securities that may from time to time be offered or issued to prevent dilution resulting from stock splits, stock dividends or similar transactions.

 

(2)                             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 Registrant’s Common Stock as reported on the NASDAQ Global Market on January 28, 2013.

 

 

 



 

EXPLANATORY NOTE

 

This Registration Statement on Form S-8, relating to the 2011 Stock Incentive Plan of Merrimack Pharmaceuticals, Inc. (the “Registrant”), is being filed for the purpose of registering additional securities of the same class as other securities for which a Registration Statement on Form S-8 has previously been filed and is effective.  Accordingly, this Registration Statement incorporates by reference the contents of the Registration Statement on Form S-8, File No. 333-180996, filed with the Securities and Exchange Commission on April 27, 2012 by the Registrant, relating to the Registrant’s 1999 Stock Option Plan, as amended, 2008 Stock Incentive Plan, as amended, and 2011 Stock Incentive Plan, except for Item 8, Exhibits, with respect to which the Exhibit Index immediately preceding the exhibits attached hereto is incorporated herein by reference.

 

1



 

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 Cambridge, Commonwealth of Massachusetts, on this 1st day of February, 2013.

 

 

MERRIMACK PHARMACEUTICALS, INC.

 

 

 

 

 

By:

/s/ Robert J. Mulroy

 

 

Robert J. Mulroy

 

 

President and Chief Executive Officer

 

POWER OF ATTORNEY AND SIGNATURES

 

We, the undersigned officers and directors of Merrimack Pharmaceuticals, Inc., hereby severally constitute and appoint Robert J. Mulroy and William A. Sullivan, and each of them singly, our true and lawful attorneys with full power to any of them, and to each of them singly, to sign for us and in our names in the capacities indicated below the Registration Statement on Form S-8 filed herewith and any and all amendments to said Registration Statement, and generally to do all such things in our name and on our behalf in our capacities as officers and directors to enable Merrimack Pharmaceuticals, Inc. to comply with the provisions of the Securities Act of 1933, as amended, and all requirements of the Securities and Exchange Commission, hereby ratifying and confirming our signatures as they may be signed by our said attorneys, or any of them, to said registration statement and any and all amendments thereto.

 

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

 

Signature

 

Title

 

Date

 

 

 

 

 

/s/ Robert J. Mulroy

 

President, Chief Executive Officer and Director

 

February 1, 2013

Robert J. Mulroy

 

(Principal Executive Officer)

 

 

 

 

 

 

 

/s/ William A. Sullivan

 

Chief Financial Officer and Treasurer

 

February 1, 2013

William A. Sullivan

 

(Principal Financial and Accounting Officer)

 

 

 

 

 

 

 

/s/ Gary L. Crocker

 

Chairman of the Board

 

February 1, 2013

Gary L. Crocker

 

 

 

 

 

 

 

 

 

/s/ James van B. Dresser

 

Director

 

February 1, 2013

James van B. Dresser

 

 

 

 

 

 

 

 

 

/s/ Gordon J. Fehr

 

Director

 

February 1, 2013

Gordon J. Fehr

 

 

 

 

 

 

 

 

 

/s/ John Mendelsohn, M.D.

 

Director

 

February 1, 2013

John Mendelsohn, M.D.

 

 

 

 

 

2



 

/s/ Sarah E. Nash

 

Director

 

February 1, 2013

Sarah E. Nash

 

 

 

 

 

 

 

 

 

/s/ Michael E. Porter, Ph.D.

 

Director

 

February 1, 2013

Michael E. Porter, Ph.D.

 

 

 

 

 

 

 

 

 

/s/ James H. Quigley

 

Director

 

February 1, 2013

James H. Quigley

 

 

 

 

 

 

 

 

 

/s/ Anthony J. Sinskey, Sc.D.

 

Director

 

February 1, 2013

Anthony J. Sinskey, Sc.D.

 

 

 

 

 

3



 

EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

4.1(1)

 

Restated Certificate of Incorporation of the Registrant

4.2(2)

 

Amended and Restated Bylaws of the Registrant

5.1

 

Opinion of Wilmer Cutler Pickering Hale and Dorr LLP

23.1

 

Consent of Wilmer Cutler Pickering Hale and Dorr LLP, counsel to the Registrant (included in Exhibit 5.1)

23.2

 

Consent of PricewaterhouseCoopers LLP, independent registered public accounting firm for the Registrant

24.1

 

Powers of Attorney (included on the signature pages to the Registration Statement)

99.1(2)

 

2011 Stock Incentive Plan

 


(1)                                 Previously filed with the Securities and Exchange Commission as an Exhibit to the Registrant’s Registration Statement on Form S-8 (File No. 333-180996) and incorporated herein by reference.

 

(2)                                 Previously filed with the Securities and Exchange Commission as an Exhibit to the Registrant’s Registration Statement on Form S-1, as amended (File No. 333-175427), and incorporated herein by reference.

 

4


Exhibit 5.1

 

GRAPHIC

 

GRAPHIC

 

February 1, 2013

 

Merrimack Pharmaceuticals, Inc.

One Kendall Square, Suite B7201

Cambridge, MA 02139

 

Re:                             2011 Stock Incentive Plan

 

Ladies and Gentlemen:

 

We have assisted in the preparation of a Registration Statement on Form S-8 (the “Registration Statement”) to be filed with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “Securities Act”), relating to an aggregate of 3,353,882 shares of common stock, $0.01 par value per share (the “Shares”), of Merrimack Pharmaceuticals, Inc., a Delaware corporation (the “Company”), issuable under the Company’s 2011 Stock Incentive Plan (the “Plan”).

 

We have examined the Certificate of Incorporation and Bylaws of the Company, each as amended and restated to date, and originals, or copies certified to our satisfaction, of all pertinent records of the meetings of the directors and stockholders of the Company, the Registration Statement and such other documents relating to the Company as we have deemed material for the purposes of this opinion.

 

In our examination of the foregoing documents, we have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as certified, photostatic or other copies, the authenticity of the originals of any such documents and the legal competence of all signatories to such documents.

 

We assume that the appropriate action will be taken, prior to the offer and sale of the Shares in accordance with the Plan, to register and qualify the Shares for sale under all applicable state securities or “blue sky” laws.

 

We express no opinion herein as to the laws of any state or jurisdiction other than the state laws of the Commonwealth of Massachusetts, the General Corporation Law of the State of Delaware and the federal laws of the United States of America.

 

It is understood that this opinion is to be used only in connection with the offer and sale of the Shares while the Registration Statement is in effect.

 

Please note that we are opining only as to the matters expressly set forth herein, and no opinion should be inferred as to any other matters.

 

Based on the foregoing, we are of the opinion that the Shares have been duly authorized for issuance and, when the Shares are issued and paid for in accordance with the terms and conditions of the Plan, the Shares will be validly issued, fully paid and nonassessable.

 

GRAPHIC

 



 

We hereby consent to the filing of this opinion with the Commission in connection with the Registration Statement in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act.  In giving such consent, we do not hereby 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 of the Commission.

 

Very truly yours,

 

 

 

WILMER CUTLER PICKERING HALE AND DORR LLP

 

 

 

 

 

By:

/s/ Brian A. Johnson

 

 

Brian A. Johnson, Partner

 

 

2


Exhibit 23.2

 

Consent of Independent Registered Public Accounting Firm

 

We hereby consent to the incorporation by reference in this Registration Statement on Form S-8 of our report dated March 5, 2012, except with respect to the disclosures under the heading “Going concern and capital resources” in Note 1 and Note 2, which is as of April 17, 2012, relating to the financial statements which appears in Merrimack Pharmaceuticals, Inc.’s Current Report on Form 8-K dated April 27, 2012.

 

/s/ PricewaterhouseCoopers LLP

 

 

 

Boston, Massachusetts

 

February 1, 2013