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As filed with the Securities and Exchange Commission on October ___, 1999
Registration No. 333-__________
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
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CORIXA CORPORATION
(Exact name of Registrant as specified in its charter)
DELAWARE 91-1654387
(State of incorporation) (I.R.S. Employer Identification No.)
1124 COLUMBIA STREET, SUITE 200
SEATTLE, WA 98104
(Address of principal executive offices)
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ANERGEN, INC. 1988 STOCK OPTION PLAN
ANERGEN, INC. 1992 CONSULTANT PLAN
ANERGEN, INC. 1995 DIRECTOR OPTION PLAN
ANERGEN, INC. 1996 STOCK OPTION PLAN
(Full title of the Plan)
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STEVEN GILLIS
PRESIDENT AND CHIEF EXECUTIVE OFFICER
CORIXA CORPORATION
1124 COLUMBIA STREET, SUITE 200
SEATTLE, WA 98104
(206) 754-5711
(Name, address and telephone number, including area code, of agent for service)
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Copy to:
William W. Ericson, Esq.
Venture Law Group
A Professional Corporation
4750 Carillon Point
Kirkland, WA 98033
(425) 739-8700
(Calculation of Registration Fee on following page)
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<TABLE>
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CALCULATION OF REGISTRATION FEE
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Proposed Proposed
Maximum Maximum Maximum Amount of
Amount to be Offering Aggregate Registration
Title of Securities to be Registered Registered Price Per Offering Fee
Share Price
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<S> <C> <C> <C> <C>
ANERGEN, INC. 1988 STOCK OPTION PLAN (1)
Common Stock of Registrant, 34,337 Shares $ 75.66 $ 2,597,942 $ 722.23
$0.001 par value..................
ANERGEN, INC. 1992 CONSULTANT PLAN (1)
Common Stock of Registrant, 3,687 Shares $ 99.21 $ 365,776 $ 101.69
$0.001 par value..................
ANERGEN, INC. 1995 DIRECTOR OPTION PLAN (1)
Common Stock of Registrant, 2,791 Shares $ 43.96 $ 122,694 $ 34.11
$0.001 par value..................
ANERGEN, INC. 1996 STOCK OPTION PLAN (1)
Common Stock of Registrant, 32,535 Shares $ 34.42 $ 1,119,875 $ 311.33
$0.001 par value..................
</TABLE>
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(1) Pursuant to the Agreement and Plan of Merger dated as of October 28, 1998
by and among Registrant, Anergen, Inc., a Delaware corporation ("Anergen")
and Yakima Acquisition Corporation, a Delaware corporation and a
wholly-owned subsidiary of Registrant, Registrant assumed, effective
February 11, 1999, all of the outstanding options to purchase Common Stock
of Anergen under the Anergen, Inc. 1988 Stock Option Plan, Anergen, Inc.
1992 Consultant Plan, Anergen, Inc. 1995 Director Option Plan and Anergen,
Inc. 1996 Stock Option Plan, and such options became exercisable to
purchase shares of Registrant's Common Stock, with appropriate adjustments
to the number of shares and exercise price of each assumed option.
(2) Computed in accordance with Rule 457(h) under the Securities Act of 1933,
as amended (the "Securities Act"), solely for the purpose of calculating
the registration fee. The computation is based upon the weighted average
per share exercise price (rounded to the nearest cent) of outstanding
options under the referenced plan, the shares issuable under which are
registered hereby.
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PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. INCORPORATION OF DOCUMENTS BY REFERENCE.
The following documents filed with the Securities and Exchange
Commission (the "Commission") are hereby incorporated by reference:
(a) Registrant's Annual Report on Form 10-K filed with the
Commission on March 22, 1999 for the fiscal year ended December 31, 1998
pursuant to Section 13(a) of the Securities Exchange Act of 1934, as amended
(the "Exchange Act"), which contains audited financial statements for
Registrant's latest fiscal year for which such statements have been filed.
(b) All other reports filed pursuant to Section 13(a) or 15(d) of
the Exchange Act since the end of the fiscal year covered by the document
referred to in (a) above.
(c) The description of the Registrant's Common Stock contained in
the Registrant's Registration Statement on Form 8-A filed with the Commission
under Section 12 of the Exchange Act on September 22, 1997, including any
amendment or report filed for the purpose of updating such description.
All documents filed by Registrant pursuant to Sections 13(a), 13(c), 14
or 15(d) of the Exchange Act after the date hereof, and prior to the filing of a
post-effective amendment which indicates that all securities offered hereunder
have been sold or which deregisters all securities then remaining unsold under
this registration statement, shall be deemed to be incorporated by reference
herein and to be part hereof from the date of filing of such document. Any
statement contained in a document incorporated by reference herein shall be
deemed to be modified or superseded for purposes hereof to the extent that a
statement contained herein (or in any other subsequently file document which
also is incorporated by reference herein) modifies or supersedes such statement.
Any such statement so modified or superseded shall not be deemed to constitute a
part hereof, except as so modified or superseded.
Item 4. DESCRIPTION OF SECURITIES. Not applicable.
Item 5. INTERESTS OF NAMED EXPERTS AND COUNSEL. Not applicable.
Item 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
Section 145 of the Delaware General Corporation Law ("DGCL") authorizes
a court to award or a corporation's Board of Directors to grant indemnification
to directors and officers in terms sufficiently broad to permit such
indemnification under certain circumstances for liabilities (including
reimbursement for expenses incurred) arising under the Securities Act. Article
VI, Sections 6.1 and 6.2 of the Registrant's Bylaws provides for mandatory
indemnification of its directors and officers and permissible indemnification of
employees to the maximum extent permitted by the DGCL. The Registrant's
Certificate of Incorporation provides that, pursuant to Delaware law, its
directors shall not be liable for monetary damages to the Registrant and its
stockholders for breach of the directors' fiduciary duty. This provision in the
Certificate of Incorporation does not eliminate the directors' fiduciary duty,
and in appropriate circumstances equitable remedies such as injunctive or other
forms of non-monetary relief will remain available under Delaware law. In
addition, each director will continue to be subject to a liability for breach of
the director's duty of loyalty to the Registrant for acts or omissions not in
good faith or involving intentional misconduct, for knowing violations of law,
for actions leading to improper personal benefit to the director, and for
payment of dividends or approval of stock repurchases or redemptions that are
unlawful under Delaware law. The provision also does not affect a director's
responsibilities under any other law, such as the federal securities laws or
state or federal environmental laws. The Registrant has entered into
Indemnification Agreements with its officers and directors which provide such
officers and directors with further indemnification to the maximum extent
permitted by the DGCL.
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Item 7. EXEMPTION FROM REGISTRATION CLAIMED. Not applicable.
Item 8. EXHIBITS.
<TABLE>
<CAPTION>
Exhibit
Number
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<S> <C>
5.1 Opinion of Venture Law Group, A Professional Corporation.
23.1 Consent of Venture Law Group, A Professional Corporation
(included in Exhibit 5.1).
23.2 Consent of Ernst & Young LLP, Independent Auditors.
23.3 Consent of Ernst & Young LLP, Independent Auditors.
23.4 Consent of Ernst & Young LLP, Independent Auditors.
23.5 Consent of KPMG LLP, Independent Auditors.
24.1 Powers of Attorney (see page 6).
</TABLE>
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Item 10. UNDERTAKINGS.
The undersigned Registrant hereby undertakes:
(1) To file, during any period in which offers or sales are
being made, a post-effective amendment to this registration statement to include
any material information with respect to the plan of distribution not previously
disclosed in the registration statement or any material change to such
information in the registration statement.
(2) That, for purposes of determining any liability under
the Securities Act, each such post-effective amendment shall be deemed to be a
new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
(3) To remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold at the
termination of the offering.
The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act that is incorporated by reference in the registration statement
shall be deemed to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time shall be
deemed to be the initial bona fide offering thereof.
Insofar as the indemnification for liabilities arising under the
Securities Act may be permitted to directors, officers and controlling persons
of the Registrant pursuant to the foregoing provisions, or otherwise, the
Registrant has been advised that in the opinion of the Commission such
indemnification is against public policy as expressed in the Securities Act and
is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the Registrant of expenses
incurred or paid by a director, officer or controlling person of the Registrant
in the successful defense of any action, suit or proceeding) is asserted by such
director, officer or controlling person in connection with the securities being
registered hereunder, the Registrant will, unless in the opinion of its counsel
the matter has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question of whether such indemnification by it is
against public policy as expressed in the Securities Act and will be governed by
the final adjudication of such issue.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended,
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 Seattle, State of Washington, on this 21st day of
October 1999.
Corixa Corporation
By: /s/ STEVEN GILLIS
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Steven Gillis
President and Chief Executive Officer
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints Steven Gillis and Michelle Burris,
jointly and severally, his or her attorneys-in-fact and agents, each with the
power of substitution and resubstitution, for him or her and in his or her name,
place or stead, in any and all capacities, to sign any amendments to this
Registration Statement on Form S-8, and to file such amendments, together with
exhibits and other documents in connection therewith, with the Securities and
Exchange Commission, granting to each attorney-in-fact and agent, full power and
authority to do and perform each and every act and thing requisite and necessary
to be done in and about the premises, as fully as he or she might or could do in
person, and ratifying and confirming all that the attorneys-in-fact and agents,
or his or her substitute or substitutes, may 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.
<TABLE>
<CAPTION>
Signature Title Date
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<S> <C> <C>
/s/ STEVEN GILLIS President, Chief Executive Officer October 21, 1999
- ----------------------------- and Director (Principal
Steven Gillis Executive Officer)
/s/ MICHELLE BURRIS Vice President and Chief Financial October 21, 1999
- ----------------------------- Officer (Principal Financial and
Michelle Burris Accounting Officer)
/s/ MARK MCDADE Director October 21, 1999
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Mark McDade
/s/ JOSEPH S. LACOB Director October 21, 1999
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Joseph S. Lacob
/s/ ARNOLD L. ORONSKY Director October 21, 1999
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Arnold L. Oronsky
/s/ ANDREW E. SENYEI Director October 21, 1998
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Andrew E. Senyei
</TABLE>
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INDEX TO EXHIBITS
<TABLE>
<CAPTION>
Exhibit Page
Number No.
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<S> <C> <C>
5.1 Opinion of Venture Law Group, a Professional Corporation.
23.1 Consent of Venture Law Group, a Professional Corporation (included
in Exhibit 5.1).
23.2 Consent of Ernst & Young LLP, Independent Auditors.
23.3 Consent of Ernst & Young LLP, Independent Auditors.
23.4 Consent of Ernst & Young LLP, Independent Auditors.
23.5 Consent of KPMG LLP, Independent Auditors.
24.1 Powers of Attorney (see page 6).
</TABLE>
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EXHIBIT 5.1
[LETTERHEAD OF VENTURE LAW GROUP]
October 21, 1999
Corixa Corporation
1124 Columbia Street, Suite 200
Seattle, WA 98104
REGISTRATION STATEMENT ON FORM S-8
Ladies and Gentlemen:
We have examined the Registration Statement on Form S-8 (the
"Registration Statement") to be filed by Corixa Corporation ("Corixa") with the
Securities and Exchange Commission (the "Commission") in connection with the
registration under the Securities Act of 1933, as amended, of a total of 73,350
shares of Corixa's Common Stock (the "Shares") reserved for issuance by Corixa
pursuant to the Anergen, Inc. 1988 Stock Option Plan, the Anergen, Inc. 1992
Consultant Plan, the Anergen, Inc. 1995 Director Option Plan and the Anergen,
Inc. 1996 Stock Option Plan. As Corixa's legal counsel in connection with this
transaction, we have examined the proceedings taken and are familiar with the
proceedings proposed to be taken by Corixa in connection with the sale and
issuance of the Shares.
It is our opinion that upon conclusion of the proceedings being taken or
contemplated by us, as Corixa's legal counsel, to be taken prior to the issuance
of the Shares, and upon completion of the proceedings being taken in order to
permit such transactions to be carried out in accordance with the securities
laws of the various states where required, the Shares when issued and sold in
the manner described in the Registration Statement will be legally and validly
issued, fully paid and non-assessable.
We consent to the use of this opinion as an exhibit to the Registration
Statement and further consent to the use of our name wherever appearing in the
Registration Statement and in any amendment thereto.
This opinion is solely for your benefit and may not be relied upon by
any other person without our prior written consent.
Very truly yours,
VENTURE LAW GROUP
A Professional Corporation
/s/Venture Law Group
MJH
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EXHIBIT 23.2
CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS
We consent to the incorporation by reference in the Registration Statement (Form
S-8), pertaining to the Anergen, Inc. 1988 Stock Option Plan, the Anergen, Inc.
1992 Consultant Plan, the Anergen, Inc. 1995 Director Plan and the Anergen, Inc.
1996 Stock Option Plan, of Corixa Corporation of our report dated February 3,
1999 with respect to the consolidated financial statements of Corixa Corporation
included in its Annual Report on Form 10-K for the year ended December 31, 1998,
filed with the Securities and Exchange Commission.
ERNST & YOUNG LLP
Seattle, Washington
October 21, 1999
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EXHIBIT 23.3
CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS
We consent to the incorporation by reference in the Registration Statement (Form
S-8), pertaining to the Anergen, Inc. 1988 Stock Option Plan, the Anergen, Inc.
1992 Consultant Plan, the Anergen, Inc. 1995 Director Plan and the Anergen, Inc.
1996 Stock Option Plan, of Corixa Corporation of: (i) our report dated February
22, 1999 with respect to the financial statements of Anergen, Inc. included in
Current Report on Form 8-K of Corixa Corporation dated August 9, 1999; and (ii)
our report dated February 6, 1998 except for the second paragraph of Note 1, as
to which the date is December 21, 1998 with respect to the financial statements
of Anergen, Inc. included in Current Report on Form 8-K of Corixa Corporation
dated February 12, 1999, filed with the Securities and Exchange Commission.
ERNST & YOUNG LLP
Seattle, Washington
October 21, 1999
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EXHIBIT 23.4
CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS
We consent to the incorporation by reference in the Registration Statement (Form
S-8), pertaining to the Anergen, Inc. 1988 Stock Option Plan, the Anergen, Inc.
1992 Consultant Plan, the Anergen, Inc. 1995 Director Plan and the Anergen, Inc.
1996 Stock Option Plan, of Corixa Corporation of our report dated January 28,
1998 except for Note 9, as to which the date is February 28, 1998 with respect
to the financial statements of GenQuest Inc. included in Current Report on Form
8-K of Corixa Corporation dated August 9, 1999 filed with the Securities and
Exchange Commission.
ERNST & YOUNG LLP
Seattle, Washington
October 21, 1999
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EXHIBIT 23.5
CONSENT OF KPMG LLP, INDEPENDENT AUDITORS
The Board of Directors
Ribi ImmunoChem Research, Inc.:
We consent to the incorporation by reference of our report dated January 22,
1999, with respect to the balance sheets of Ribi ImmunoChem Research, Inc. as of
December 31, 1998 and 1997, and the related statements of operations,
stockholders' equity and comprehensive income, and cash flows for each of the
years in the three-year period ended December 31, 1998, which report appears in
the Form S-8 of Corixa Corporation dated October 21, 1999 related to the
following Anergen, Inc. benefit plans: 1998 Stock Option Plan, 1992 Consultant
Plan, 1995 Director Option Plan, and the 1996 Stock Option Plan.
KPMG LLP
Billings, Montana
October 21, 1999
