As filed with the Securities and Exchange Commission on June 19, 2013

Registration No. 333-                      

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM S-1

 

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 


 

PTC Therapeutics, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware

 

2834

 

04-3416587

(State or Other Jurisdiction of

 

(Primary Standard Industrial

 

(I.R.S. Employer

Incorporation or Organization)

 

Classification Code Number)

 

Identification Number)

 

100 Corporate Court

South Plainfield, New Jersey 07080

(908) 222-7000

(Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant’s Principal Executive Offices)

 


 

Stuart W. Peltz, Ph.D.
Chief Executive Officer
PTC Therapeutics, Inc.
100 Corporate Court
South Plainfield, New Jersey 07080
(908) 222-7000

(Name, Address, Including Zip Code, and Telephone Number, Including Area Code, of Agent for Service)

 


 

copies to:

 

David E. Redlick

Brian A. Johnson

Wilmer Cutler Pickering Hale and
Dorr LLP

7 World Trade Center, 250
Greenwich Street

New York, New York 10007

Telephone: (212) 230-8800

Fax: (212) 230-8888

 

Mark E. Boulding

Executive Vice President and Chief Legal
Officer

PTC Therapeutics, Inc.

100 Corporate Court

South Plainfield, New Jersey 07080

Telephone: (908) 222-7000

Fax: (908) 222-1128

 

Richard Truesdell, Jr.

Davis Polk & Wardwell LLP

450 Lexington Avenue

New York, New York 10017

Telephone: (212) 450-4000

Fax: (212) 701-5800

 


 

Approximate date of commencement of proposed sale to the public: As soon as practicable after this Registration Statement becomes effective.

 

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 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.  x 333-188657

 

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

 

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-2 of the Exchange Act.  (Check one):

 

Large accelerated filer o

 

Accelerated filer o

Non-accelerated filer x (Do not check if a smaller reporting company)

 

Smaller reporting company o

 

CALCULATION OF REGISTRATION FEE

Title of each class of securities
to be registered

 

Amount to be
registered (1)

 

Proposed maximum
offering price
per share (2)

 

Proposed maximum
aggregate
offering price (2)

 

Amount of
registration fee

 

Common Stock, $0.001 par value per share

 

1,692,800 shares

 

$

15.00

 

$

25,392,000

 

$

3,464

 

 

(1) Includes 220,800 shares which the underwriters have the option to purchase.

 

(2) Estimated in accordance with Rule 457(a) of the Securities Act of 1933 solely on the basis of $15.00, the Initial Public Offering Price set forth on the cover page of the Registrant’s Prospectus dated June 19, 2013 relating to its initial public offering pursuant to the Company’s Registration Statement on Form S-1 (File No. 333-188657).

 

 

 



 

EXPLANATORY NOTE AND INCORPORATION BY REFERENCE

 

This registration statement is being filed with respect to the registration of additional shares of common stock, $0.001 par value per share, of PTC Therapeutics, Inc., a Delaware corporation, pursuant to Rule 462(b) under the Securities Act of 1933, as amended. The contents of the earlier registration statement on Form S-1 (File No. 333-188657), which was declared effective by the Commission on June 19, 2013, are incorporated in this registration statement by reference.

 

The required opinions and consents are listed on an Exhibit Index attached hereto and filed herewith.

 

2



 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, the Registrant has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the Borough of South Plainfield, State of New Jersey, on this 19th day of June, 2013.

 

 

PTC Therapeutics, Inc.

 

 

 

 

 

By:

/s/ Stuart W. Peltz, Ph.D.

 

 

Name: Stuart W. Peltz, Ph.D.

 

 

Title: Chief Executive Officer

 

3



 

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/ Stuart W. Peltz, Ph.D.

 

Chief Executive Officer and Director

 

June 19, 2013

Stuart W. Peltz, Ph.D.

 

(principal executive officer)

 

 

 

 

 

 

 

/s/ Shane Kovacs

 

Chief Financial Officer

 

June 19, 2013

Shane Kovacs

 

(principal financial and accounting officer)

 

 

 

 

 

 

 

*

 

Chairman of the Board

 

June 19, 2013

Michael Schmertzler

 

 

 

 

 

 

 

 

 

*

 

Director

 

June 19, 2013

Richard Aldrich

 

 

 

 

 

 

 

 

 

*

 

Director

 

June 19, 2013

Axel Bolte

 

 

 

 

 

 

 

 

 

*

 

Director

 

June 19, 2013

Allan Jacobson, Ph.D.

 

 

 

 

 

 

 

 

 

*

 

Director

 

June 19, 2013

Adam Koppel, M.D., Ph.D.

 

 

 

 

 

 

 

 

 

*

 

Director

 

June 19, 2013

Michael Kranda

 

 

 

 

 

 

 

 

 

*

 

Director

 

June 19, 2013

Geoffrey McDonough, M.D.

 

 

 

 

 

 

 

 

 

*

 

Director

 

June 19, 2013

David P. Southwell

 

 

 

 

 

 

 

 

 

*

 

Director

 

June 19, 2013

Jerome B. Zeldis, M.D., Ph.D.

 

 

 

 

 

 

 

 

 

*By:

/s/ Stuart W. Peltz, Ph.D.

 

 

 

 

 

Name: Stuart W. Peltz, Ph.D.

 

 

 

 

 

Title: Attorney-in-Fact

 

 

 

 

 

4



 

EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

 

5.1

 

 

Opinion of Wilmer Cutler Pickering Hale and Dorr LLP

23.1

 

 

Consent of Ernst & Young LLP, independent registered public accounting firm

23.2

 

 

Consent of Wilmer Cutler Pickering Hale and Dorr LLP (included in Exhibit 5.1)

24.1

*

 

Powers of Attorney

 


* Filed as Exhibit 24.1 to the Registrant’s Registration Statement on Form S-1 (File No. 333-188657) filed with the Securities and Exchange Commission on May 16, 2013.

 

5


Exhibit 5.1

 

GRAPHIC

 

June 19, 2013

+1 212 230 8800 (t)

 

+1 212 230 8888 (f)

 

wilmerhale.com

 

PTC Therapeutics, Inc.

100 Corporate Court

South Plainfield, New Jersey 07080

 

Re:  PTC Therapeutics, Inc. – Rule 462(b) Registration Statement on Form S-1

 

Ladies and Gentlemen:

 

This opinion is furnished to you in connection with a Registration Statement on Form S-1 (File No. 333-188657) (the “Registration Statement”) filed with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “Securities Act”), pursuant to Rule 462(b) of the Securities Act, for the registration of 1,692,800 shares of Common Stock, $0.001 par value per share (the “Shares”), of PTC Therapeutics, Inc., a Delaware corporation (the “Company”), including 220,800 Shares issuable upon exercise of an over-allotment option granted by the Company.

 

The Shares are to be sold by the Company pursuant to an underwriting agreement (the “Underwriting Agreement”) to be entered into among the Company and the several underwriters named in Schedule 1 thereto, for whom J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC are acting as representatives, the form of which has been filed as Exhibit 1.1 to the Registration Statement.

 

We are acting as counsel for the Company in connection with the issue and sale by the Company of the Shares. We have examined signed copies of the Registration Statement as filed with the Commission. We have also examined and relied upon the Underwriting Agreement, minutes of meetings and actions of the stockholders and the Board of Directors of the Company as provided to us by the Company, stock record books of the Company as provided to us by the Company, the Certificate of Incorporation and Bylaws of the Company, each as restated and/or amended to date, and such other documents as we have deemed necessary for purposes of rendering the opinions hereinafter set forth. 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 copies, the authenticity of the originals of such latter documents and the legal competence of all signatories to such documents.

 

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

 

Based upon and subject to 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

 

GRAPHIC

 



 

terms and conditions of the Underwriting Agreement, the Shares will be validly issued, fully paid and nonassessable.

 

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. This opinion is based upon currently existing statutes, rules, regulations and judicial decisions, and we disclaim any obligation to advise you of any change in any of these sources of law or subsequent legal or factual developments which might affect any matters or opinions set forth herein.

 

We hereby consent to the filing of this opinion with the Commission as an exhibit to the Registration Statement in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act and to the use of our name therein and in the related Prospectus under the caption “Legal matters”. 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, a Partner

 

 

2


Exhibit 23.1

 

Consent of Independent Registered Public Accounting Firm

 

We consent to the incorporation by reference in the Registration Statement on Form S-1 filed pursuant to Rule 462(b) of the Securities Act of 1933 of the reference to our firm under the caption “Experts” and our report dated March 15, 2013 relating to the financial statements of PTC Therapeutics, Inc. included in Amendment No. 3 to the Registration Statement (Form S-1 No. 333-188657) and related Prospectus of PTC Therapeutics, Inc. for the registration of its common stock.

 

 

/s/ Ernst & Young LLP

 

 

Metro Park, New Jersey

June 19, 2013