As filed with the U.S. Securities and Exchange Commission on May 16, 2022

Registration No. 333-           

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM S-8

REGISTRATION STATEMENT 

UNDER

THE SECURITIES ACT OF 1933

 

ANGION BIOMEDICA CORP.

(Exact name of registrant as specified in its charter)

 

Delaware   11-3430072
(State or other jurisdiction of incorporation or
organization)
  (I.R.S. Employer Identification No.)

 

 

51 Charles Lindbergh Boulevard

Uniondale, New York 11553
(Address of principal executive offices, including zip code)

 

 

  

Angion Biomedica Corp. 2021 Incentive Award Plan

Angion Biomedica Corp. 2021 Employee Stock Purchase Plan 

(Full titles of the plans)

 

 

  

Jay R. Venkatesan, M.D.

Chief Executive Officer 

Angion Biomedica Corp.

51 Charles Lindbergh Boulevard 

Uniondale, New York 11553

(415) 655-4899 

(Name, address and telephone number, including area code, of agent for service)

 

 

 

Copies to:

 

 

 

Jennifer J. Rhodes Kenneth Guernsey
General Counsel Brett White
Angion Biomedica Corp. Cooley LLP
51 Charles Lindbergh Boulevard 3 Embarcadero Center,

Uniondale, New York 11553

(415) 655-4899

20th Floor
San Francisco, CA 94111
  (415) 693-2000
   

 

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      x Smaller reporting company         x
  Emerging growth company         x

 

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

 

Pursuant to General Instruction E of Form S-8, Angion Biomedica Corp. (the “Registrant”) is filing this Registration Statement on Form S-8 with the Securities and Exchange Commission (the “Commission”) for the purpose of registering (i) 1,497,917 additional shares of its common stock, par value $0.01 per share under the Angion Biomedica Corp. 2021 Incentive Award Plan (the “2021 Plan”), pursuant to the provisions of the 2021 Plan providing for an automatic increase in the number of shares of common stock reserved and available for issuance under the 2021 Plan on January 1, 2022, and (ii) 299,583 additional shares of its common stock under the Angion Biomedica Corp. 2021 Employee Stock Purchase Plan (the “2021 ESPP,” and together with the 2021 Plan, the “Plans”), pursuant to the provisions of the 2021 ESPP providing for an automatic increase in the number of shares of common stock reserved and available for issuance under the 2021 ESPP on January 1, 2022. In accordance with the instructional note to Part I of Form S-8 as promulgated by the Commission, the information specified by Part I of the Form S-8 has been omitted from this Registration Statement.

 

The Registrant previously registered shares of its common stock for issuance under the Plans on a Registration Statement on Form S-8 filed with the Commission on February 9, 2021 (File No. 333-252906) (the “Prior Registration Statement”). Pursuant to General Instruction E to Form S-8, this Registration Statement hereby incorporates by reference the contents of the Prior Registration Statement.

 

Part II

 

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

 

Item 3. Incorporation of Documents by Reference.

 

The following documents filed by the Registrant with the Commission are incorporated by reference into this Registration Statement:

 

(a) The Registrant’s Annual Report on Form 10-K (File No. 001-39990) for the fiscal year ended December 31, 2021, filed with the SEC on March 30, 2022.

 

(b) The Registrant’s Quarterly Report on Form 10-Q (File No. 001-39990) for the fiscal quarter ended March 31, 2022, filed with the SEC on May 16, 2022.

 

(c) The description of the Registrant’s common stock which is contained in a Registration Statement on Form 8-A filed on February 2, 2021 (File No. 001-39990) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including any amendments or reports filed for the purpose of updating such description.

 

(d) All other reports and documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act (other than Current Reports furnished under Item 2.02 or Item 7.01 of Form 8-K and exhibits furnished on such form that relate to such items) on or after the date of this Registration Statement and prior to the filing of a post-effective amendment to this Registration Statement which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part of this Registration Statement from the date of the filing of such reports and documents. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document that also is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

 

1

 

 

ITEM 8.EXHIBITS

 

      Incorporated by Reference
Exhibit
Number
  Exhibit Description  Form  File
No.
  Exhibit  Filing Date
4.1  Amended and Restated Certificate of Incorporation of Angion Biomedica Corp.  8-K  001-39990  3.1  February 9, 2021
4.2  Bylaws of Angion Biomedica Corp.  8-K  001-39990  3.2  February 9, 2021
5.1*  Opinion of Cooley LLP.            
23.1*  Consent of Moss Adams LLP, independent registered public accounting firm.            
23.3*  Consent of Cooley LLP (included in Exhibit 5.1 hereto).            
24.1*  Power of Attorney (included on the signature page hereto).            
99.1  Angion Biomedica Corp.  2021 Incentive Award Plan.  10-K  001-39990  10.6(a)  March 30, 2022
99.2  Form of Stock Option Grant Notice, Stock Option Agreement, Restricted Stock Unit Grant Notice and Restricted Stock Unit Award Agreement under the 2021 Incentive Award Plan.  10-K  001-39990 

10.6(b),

10.6(c),

10.6(d)

  March 30, 2022
99.3  Angion Biomedica Corp. 2021 Employee Stock Purchase Plan.  10-K  001-39990  10.7  March 30, 2022
107*  Filing Fee Table            

 

* 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 Uniondale, State of New York, on this 16th day of May, 2022.

 

  ANGION BIOMEDICA CORP.
   
  By: /s/ Jay Venkatesan
    Jay Venkatesan, M.D.
    Chief Executive Officer

 

POWER OF ATTORNEY

 

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Jay R. Venkatesan, M.D. and Jennifer J. Rhodes, and each one 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 their name, place and stead, 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 unto said attorneys-in-fact and agents, and each of them, 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 any of them, or his or her substitute or 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 and on the dates indicated.

 

Signature  Title   

Date

 
         
/s/ Jay R. Venkatesan, M.D.  Chief Executive Officer and Director   May 16, 2022 
Jay R. Venkatesan, M.D.   (Principal Executive Officer)     
         
/s/ Gregory S. Curhan  Chief Financial Officer and Director   May 16, 2022 
Gregory S. Curhan   (Principal Financial and Accounting Officer)     
         
/s/ Itzhak D. Goldberg, M.D.  Director   May 16, 2022 
Itzhak D. Goldberg, M.D.        
         
/s/ Victor F. Ganzi  Director   May 16, 2022 
Victor F. Ganzi        
         
/s/ Allen R. Nissenson, M.D.  Director   May 16, 2022 
Allen R. Nissenson, M.D.        
         
/s/ Gilbert S. Omenn, M.D., Ph.D.  Director   May 16, 2022 
Gilbert S. Omenn, M.D., Ph.D.        
         
/s/ Karen J. Wilson  Director   May 16, 2022 
Karen J. Wilson        

 

3

 


 

Exhibit 5.1

 

 

 

Kenneth Guernsey
+1 415 693 2091
kguernsey@cooley.com

 

May 16, 2022

 

Angion Biomedica Corp.

1700 Montgomery St, Suite 108

San Francisco, CA

 

Re:Angion Biomedica Corp.

 

Ladies and Gentlemen:

 

We have acted as counsel to Angion Biomedica Corp., a Delaware corporation (the “Company”), in connection with the filing of a Registration Statement on Form S-8 (the “Registration Statement”) with the Securities and Exchange Commission covering the offering of up to 1,797,500 shares (the “Shares”) of the Company’s common stock, par value $0.01 per share (“Common Stock”), consisting of (a) 1,497,917 shares of Common Stock issuable pursuant to the Company’s 2021 Incentive Award Plan (the “2021 Plan”) and (b) 299,583 shares of Common Stock issuable pursuant to the Company’s 2021 Employee Stock Purchase Plan (the “ESPP,” and together with the 2021 Plan, the “Plans”).

 

In connection with this opinion, we have examined and relied upon (a) the Registration Statement and related prospectuses, (b) the Company’s Certificate of Incorporation and Bylaws, each as currently in effect, (c) the Plans, and (d) originals or copies certified to our satisfaction of such records, documents, certificates, memoranda and other instruments as in our judgment are necessary or appropriate to enable us to render the opinion expressed below.

 

We have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to originals of all documents submitted to us as copies, the accuracy, completeness and authenticity of certificates of public officials and the due authorization, execution and delivery of all documents by all persons other than the Company where authorization, execution and delivery are prerequisites to the effectiveness thereof. As to certain factual matters, we have relied upon a certificate of an officer of the Company and have not independently verified such matters.

 

Our opinion is expressed only with respect to the General Corporation Law of the State of Delaware. We express no opinion to the extent that any other laws are applicable to the subject matter hereof and express no opinion and provide no assurance as to compliance with any federal or state securities law, rule or regulation.

 

On the basis of the foregoing, and in reliance thereon, we are of the opinion that the Shares, when sold and issued in accordance with the Plans, the Registration Statement and related prospectuses, will be validly issued, fully paid, and nonassessable (except as to shares issued pursuant to deferred payment arrangements, which will be fully paid and nonassessable when such deferred payments are made in full).

 

We consent to the filing of this opinion as an exhibit to the Registration Statement.

 

Sincerely,

 

Cooley LLP  
   
By:  /s/ Kenneth Guernsey  
  Kenneth Guernsey  

 

Three embarcadero center, 20th floor, san francisco, ca 94111 T: (415) 693-2000 F: (415) 693-2222 www.cooley.com

 

 

 


 

Exhibit 23.1

 

Consent of Independent Registered Public Accounting Firm

 

We consent to the incorporation by reference in this Registration Statement on Form S-8 of Angion Biomedica Corp., of our report dated March 30, 2022, relating to the consolidated financial statements of Angion Biomedica Corp. (the “Company”), appearing in the Annual Report on Form 10-K of the Company for the year ended December 31, 2021, filed with the Securities and Exchange Commission.

 

/s/ Moss Adams LLP

 

Seattle, Washington

May 16, 2022

 

 

 


 

Exhibit 107

 

Calculation of Filing Fee Table

 

Form S-8

(Form Type)

 

Angion Biomedica Corp.

(Exact Name of Registrant as Specified in its Charter)

 

Table 1: Newly Registered Securities

 

Security Type

 

Security Class Title

 

Fee Calculation
Rule

 

 

 

 

Amount
Registered(1)

   Proposed
Maximum
Offering
Price Per
Share
  

 

Proposed
Maximum
Aggregate
Offering
Price

   Fee Rate   Amount of
Registration
Fee
 
Equity 

2021 Incentive Award Plan

Common Stock, $0.0001 par value per share

 

457(c) and

457(h)(2)

   1,497,917 (3)   $1.34(2)   $2,007,208.78    .0000927   $    186 
Equity 

2021 Employee Stock Purchase Plan

Common Stock, $0.0001 par value per share 

 

457(c) and

457(h)(4)

   299,583(5)   $1.14(4)   $341,524.62    .0000927   $32 
Total Offering Amounts               $2,348,773.40        $218 
Total Fees Previously Paid                           
Total Fee Offsets                          (6) 
Net Fee Due                          218 

 

(1)Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover any additional shares of common stock of Angion Biomedica Corp. (the “Registrant”) that become issuable under the Registrant’s 2021 Incentive Award Plan (the “2021 Plan”) and the Registrant’s 2021 Employee Stock Purchase Plan (the “2021 ESPP”) by reason of any stock dividend, stock split, recapitalization or other similar transaction.

 

(2)Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rule 457(h) and 457(c) of the Securities Act. The proposed maximum aggregate offering price per share and proposed maximum aggregate offering price are calculated using the average of the high and low prices of the common stock as reported on the Nasdaq Capital Market on May 13, 2022.

 

(3)Represents an automatic annual increase equal to 5% of the total number of shares of the Registrant’s capital stock outstanding on January 31st of the preceding fiscal year, which annual increase is provided by the 2021 Plan.

 

(4)Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rule 457(h) and 457(c) of the Securities Act. The proposed maximum aggregate offering price per share and proposed maximum aggregate offering price are calculated using the average of the high and low prices of the common stock as reported on the Nasdaq Capital Market on May 13, 2022, multiplied by 85%.

 

(5)Represents an automatic annual increase equal to 1% of the total number of shares of the Registrant’s capital stock outstanding on January 31st of the preceding fiscal year, which annual increase is provided by the 2021 ESPP

 

(6)The Registrant does not have any fee offsets.