As filed with the Securities and Exchange Commission on NovemberJanuary 22, 2017.2021

Registration No. 333-_____

333-

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington,WASHINGTON, D.C. 20549

 

FORM S-3

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

CohBar, Inc.

(Exact Namename of Registrantregistrant as Specifiedspecified in Its Charter)its charter)

 

Delaware

 26-1299952
(State or Other Jurisdictionother jurisdiction of
Incorporationincorporation or Organization)organization)
 (I.R.S. Employer
Identification Number)No.)

 

1455 Adams Dr.,Drive, Suite 2050

Menlo Park, CA 94025California

94025

(650) 446-7888

(Address, Including Zip Code,including zip code, and Telephone Number, Including Area Code,telephone number, including area code, of Registrant’s Principal Executive Offices)registrant’s principal executive offices)

 

Simon AllenSteven Engle

Chief Executive Officer

CohBar, Inc.

1455 Adams Dr.,Drive, Suite 2050

Menlo Park, CA 94025California

94025

(650) 446-7888

(Name, Address, Including Zip Code,address, including zip code, and Telephone Number, Including Area Code,telephone number, including area code, of Agentagent for Service)service)

 

CopyCopies to:

Peter B. Cancelmo

Garvey Schubert Barer

1191 2nd Avenue, Suite 1800

Seattle, Washington 98101

(206) 464-3939

Amanda Rose, Esq.
Chelsea Anderson, Esq.
Fenwick & West LLP
1191 Second Avenue, Floor 10
Seattle, Washington
98101
(206) 389-4510
Jeff Biunno
Chief Financial Officer
CohBar, Inc.
1455 Adams Drive, Suite 2050
Menlo Park, California
94025
(650) 446-7888

 

Approximate date of commencement of proposed sale to the public:public: From time to time after the effective date of this registration statement.Registration Statement.

 

If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box.box:

 

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, other than securities offered only in connection with dividend or interest reinvestment plans, check the following box.box:

 

If this formForm is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.offering:

 

If this formForm 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 earlierearliest effective registration statement for the same offering.offering:

 

If this formForm is a registration statement pursuant to General Instruction I.D. or a post-effective amendment thereto that shall become effective upon filing with the Commission pursuant to Rule 462(e) under the Securities Act, check the following box. ☐

 

If this formForm is a post-effective amendment to a registration statement filed pursuant to General Instruction I.D.I. D. filed to register additional securities or additional classes of securities pursuant to ruleRule 413(b) under the Securities Act, check the following box. ☐

 

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”company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer

Accelerated filer
Non-accelerated filer ☐   (Do not check if smaller reporting company)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 any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.

 

 

CALCULATION OF REGISTRATION FEE

 

Title of Each Class of Securities To Be Registered(1)

 

Amount

To Be

Registered(1)

  

Proposed

Maximum

Offering Price

Per Unit(2)

 

Proposed

Maximum

Aggregate

Offering Price(2)

  

Amount Of

Registration Fee(3)

 
Common Stock, $0.001 par value per share (4)              
Preferred Stock (4)              
Warrants              
Units (5)              
Total $100,000,000  N/A $100,000,000  $12,450 
Title of Each Class of Securities to be Registered(1) Amount
to be
Registered(1)
  Proposed
Maximum
Offering Price
Per Unit(2)
  Proposed
Maximum
Aggregate
Offering Price
  Amount of
Registration Fee
 
Common stock, $0.001 par value per share(3)  7,030,960  $1.42  $9,983,963  $1,089 

 

(1)An indeterminate number

Pursuant to Rule 416 under the Securities Act of securities of the identified classes is being registered as may be offered by the registrant from time to time at indeterminate prices,along with an indeterminate number of securities that may be issued upon exercise, settlement, exchange or conversion of securities offered hereunder. Separate consideration may or may not be received for securities that are issuable upon exercise, settlement, conversion or exchange of other securities or that are issued in units with other securities registered hereunder.

(2)We will determine the proposed maximum aggregate offering price per class of security from time to time in connection with our issuance of the securities we are registering under1933, this Registration Statement and we are not specifying such price as to each class of security pursuant to General Instruction II.D. of Form S-3 under the Securities Act.
(3)Calculated pursuant to Rule 457(o) under the Securities Act.
(4)Includes an indeterminate number ofshall also cover any additional shares of common stock or preferred stock as may be issued by the registrant upon exercise, conversion or exchange of any securities that provide for such issuance, or that may from time to timewhich become issuable by reason of any stock dividend, stock split stock dividend or other similar transaction effected without the receipt of consideration that results in an increase in the number of outstanding shares of the registrant’s common stock.

(2)In accordance with Rule 457(c) under the Securities Act of 1933, the aggregate offering price of the registrant’s common stock is estimated solely for which no separate consideration will be receivedthe purpose of calculating the registration fees due for this filing. For the initial filing of this Registration Statement, this estimate was based on the average of the high and low sales price of the registrant’s common stock reported by registrant. The Nasdaq Capital Market on January 15, 2021.
(3)(5)Each unit willRepresents (i) 3,154,115 outstanding shares of common stock that have been issued to the selling stockholders and (ii) 3,876,845 shares of common stock that may be issued under a unit agreement and will represent an interest in two or more other securities, which may or may not be separable from one another.to the selling stockholders upon the exercise of outstanding warrants.

 

The Registrant hereby amends this Registration Statementregistration statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statementregistration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the Registration Statementregistration statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.

 

 

 

 

 

The information in this preliminary prospectus is not complete and may be changed. These securities may not be sold until the registration statement filed with the Securities and Exchange Commission is effective. This preliminary prospectus is not an offer to sell these securities andnor does it is not solicitingseek an offer to buy these securities in any statejurisdiction where the offer or sale is not permitted.

 

SUBJECT TO COMPLETION DATED NOVEMBERJANUARY 22, 20172021

PROSPECTUS

 

PROSPECTUSCohBar, Inc.

 

O:\1 Pre-Sub\2017\November\Night\15\CohBar\fs32017_cohbarinc7,030,960 Shares of Common Stock

 

COHBAR, INC.

$100,000,000

Common Stock

Preferred Stock

Warrants

Units

We mayThis prospectus relates to the registration for potential offer and sale from time to time of up to 7,030,960 shares of our common stock, par value $0.001 (“Common Stock”per share (the “Shares”), preferred stock, warrants, and units that include anyby the selling stockholders identified in the “Selling Stockholders” section of these securities.this prospectus. The aggregate initial offering priceShares registered hereunder consist of (i) 3,154,115 outstanding shares held by certain of the securities sold under this prospectus will not exceed $100,000,000. We will offerselling stockholders and (ii) 3,876,845 shares issuable to certain of the securitiesselling stockholders upon exercise of certain outstanding common stock purchase warrants held by such selling stockholders. For more information regarding the Shares, see “Selling Stockholders” herein.

The selling stockholders may sell the Shares directly to purchasers or through underwriters, broker-dealers or agents, who may receive compensation in amounts,the form of discounts, concessions or commissions. The selling stockholders may sell the Shares at any time at market prices and on terms to be determinedprevailing at the time of sale or at privately negotiated prices. For more information regarding the offering.selling stockholders and the sale of the Shares, see “Selling Stockholders” and “Plan of Distribution” herein.

 

We are not selling any securities under this prospectus and will not receive any of the proceeds from the sale of the Shares of ourby the selling stockholders. We will pay the expenses incurred in registering the Shares, including legal and accounting fees.

Our common stock are quotedis traded on the TSX Venture Exchange (TSX-V) under the symbol “COB.U” and on the OTCQX marketplace operated by OTC Markets Group, Inc.The Nasdaq Capital Market under the symbol “CWBR.” On November 21, 2017,January 15, 2021, the closing prices forprice of our common stock on the TSX-V and OTCQX were $4.80 and $4.75was $1.40 per share, respectively. share.

 

Each time we sell securities hereunder, we will attach a supplement to this prospectus that contains specific information about the terms of the offering, including the price at which we are offering the securities to the public. The prospectus supplement may also add, update or change information contained or incorporated in this prospectus. You should read this prospectus and the applicable prospectus supplement carefully before you invest in our securities.

The securities hereunder may be offered directly by us, through agents designated from time to time by us or to or through underwriters or dealers. If any agents, dealers or underwriters are involved in the sale of any securities, their names, and any applicable purchase price, fee, commission or discount arrangement between or among them will be set forth, or will be calculable from the information set forth, in the applicable prospectus supplement. See the section entitled “About This Prospectus” for more information.

Investing in our securities involves certain risks. See Risk Factors” beginning“Risk Factors” commencing on page 5 of this prospectus. In addition, see “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2016, which has been filed with the Securities and Exchange Commission and is incorporated by reference into this prospectus.2. You should carefully read this prospectus, the documents incorporated herein, and, consider these risk factorsif applicable, any prospectus supplement subsequently filed with respect to this prospectus, before you invest in our securities.making any investment decision.

 

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.

 

The date of this prospectus is , 2017.January 22, 2021

 

 

 

TABLE OF CONTENTS

 

Page
ABOUT THIS PROSPECTUS1
THE COMPANY SUMMARY1
RISK FACTORS52
FORWARD-LOOKING STATEMENTS53
USE OF PROCEEDS64
DESCRIPTION OF CAPITAL STOCKSELLING STOCKHOLDERS6
DESCRIPTION OF COMMON STOCK6
DESCRIPTION OF PREFERRED STOCK7
DESCRIPTION OF WARRANTS8
DESCRIPTION OF UNITS94
PLAN OF DISTRIBUTION107
LEGAL MATTERS118
EXPERTS11
INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE118
WHERE YOU CAN FIND MORE INFORMATION128
INCORPORATION OF CERTAIN INFORMATION BY REFERENCE8

 

The distribution of this prospectus may be restricted by law in certain jurisdictions. You should inform yourself about and observe any of these restrictions. If you are in a jurisdiction where offers to sell, or solicitations of offers to purchase, the securities offered by this document are unlawful, or if you are a person to whom it is unlawful to direct these types of activities, then the offer presented in this prospectus does not extend to you.

i

INFORMATION CONTAINED IN THIS PROSPECTUS

 

This prospectus provides you with a general description ofNeither we nor the securities we may offer. Each time we sell securities, we will provide a prospectus supplement that will contain specific information about the terms of the offering and the offered securities. This prospectus, together with applicable prospectus supplements,selling stockholders have authorized any information incorporated by reference, and any related free writing prospectuses we file with the Securities and Exchange Commission (the “SEC”), includes all material information relating to these offerings and securities. We may also add, update or change in the prospectus supplement any of the information contained in this prospectus or in the documents that we have incorporated by reference into this prospectus, including without limitation, a discussion of any risk factorsdealer, agent or other special considerations that apply to these offerings or securities or the specific plan of distribution.

We have not authorized anyoneperson to give any information or to make any representation about us that is different from, or in addition to, that contained in this prospectus, including in any of the materials that we have incorporated by reference into this prospectus, any accompanying prospectus supplement, and any free writing prospectus prepared or authorized by us. Therefore, if anyone does give you information of this sort, you should not rely on it as authorized by us. You should rely only on the informationother than those contained or incorporated by reference in this prospectus and, if applicable, any accompanying prospectus supplement.

supplement or any free writing prospectus. Neither we nor the selling stockholders take any responsibility for, and provide no assurance as to the reliability of, any other information that others may give you. This prospectus and, if applicable, any accompanying prospectus supplement or any free writing prospectus, do not constitute an offer to sell or the solicitation of an offer to buy any securities other than the registered securities to which they relate, nor do this prospectus and, if applicable, any accompanying prospectus supplement or any free writing prospectus constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction to any person to whom it is unlawful to make such offer or solicitation in such jurisdiction. You should not assume that the information contained in this prospectus and, if applicable, any accompanying prospectus supplement to thisor any free writing prospectus, is accurate on any date subsequent to the date set forth on the front of the document or that any information we have incorporated by reference is correct on any date subsequent to the date of the document incorporated by reference, even though this prospectus and, if applicable, any accompanying prospectus supplement to thisor any free writing prospectus, is delivered or securities are sold on a later date.Neither the delivery of this prospectus, nor any sale made hereunder, shall under any circumstances create any implication that there has been no change in our affairs since the date hereof or that the information incorporated by reference herein is correct as of any time subsequent to the date of such information.

ABOUT THIS PROSPECTUS

 

This prospectus is part of a registration statement we filed with the Securities and Exchange Commission, or the SEC, using a “shelf” registration process. Under this shelf registration process, we may be supplemented from time to time offer and sell any combination of the securities described in this prospectus inby one or more offerings. The aggregate initial offering priceprospectus supplements. Any such prospectus supplements may include additional information, such as additional risk factors or other special considerations applicable to us, our business or results of all securities sold under this prospectus will not exceed $100,000,000.

This prospectus provides certain general information about the securities that weoperations or our common stock, and may offer hereunder. Each time we sell securities, we will provide a prospectus supplement that will contain specific information about the terms of the offering and the offered securities. In each prospectus supplement, we will include the following information:

the number and type of securities that we propose to sell;
the public offering price;
the names of any underwriters, agents or dealers through or to which the securities will be sold;
any compensation of those underwriters, agents or dealers;
any additional risk factors applicable to the securities or our business and operations; and
any other material information about the offering and sale of the securities.

In addition, the prospectus supplement may also add, update or change the information contained or incorporated in this prospectus. The prospectus supplement will supersede this prospectus toIf there is any inconsistency between the extent it contains information that is different from, or that conflicts with, the information contained or incorporated in this prospectus. You should read and consider all information contained in this prospectus and any accompanying prospectus supplement, in making your investment decision.Youyou should also read and considerrely on the information contained in the documents identified underprospectus supplement.

For investors outside the heading “IncorporationUnited States, neither we nor the selling stockholders have done anything that would permit this offering or possession or distribution of Certain Documentsthis prospectus in any jurisdiction where action for that purpose is required, other than in the U.S. Persons who come into possession of this prospectus and any free writing prospectus related to this offering in jurisdictions outside the U.S. are required to inform themselves about and to observe any restrictions as to this offering and the distribution of this prospectus and any such free writing prospectus applicable to that jurisdiction.

ii

PROSPECTUS SUMMARY

The following summary is qualified in its entirety by, Reference” and “Where You Can Find More Information”should be read together with, the more detailed information and financial statements and related notes thereto incorporated by reference into this prospectus. Before you decide to invest in our common stock, you should read the entire prospectus carefully, including the risk factors and the financial statements and related notes incorporated by reference into this prospectus. Unless the context requires otherwise, in this prospectus.

As used in this prospectus, the terms “CohBar,” the “Company,” “we,” “us” and “our” or “us” refersrefer to CohBar, Inc. COHBARTM and otherThis prospectus includes trademarks, or service marks of CohBar, Inc. appearing in this prospectus are the property of CohBar, Inc. Tradeand trade names owned by us or other companies. All trademarks, and service marks of other companies appearingand trade names included in this prospectus are the property of their respective holders. owners.

 

THE COMPANYCompany Overview

 

CohBar, Inc. (“CohBar,” “we,” “us,” “our,” “its” or the “Company”) is an innovativeWe are a clinical stage biotechnology company and a leader in the research and development of mitochondria based therapeutics, (MBTs),or MBTs, an emerging class of drugs with the potential to treat a wide range of diseases associated with agingchronic and metabolic dysfunction,age-related diseases, including non-alcoholic steatohepatitis, (NASH),or NASH, obesity, fatty liver disease (NAFLD),cancer, fibrotic diseases including idiopathic pulmonary fibrosis, or IPF, acute respiratory distress syndrome, or ARDS, including COVID-19 associated ARDS, type 2 diabetes mellitus, (T2D), cancer, atherosclerosis,or T2D, and cardiovascular disease and neurodegenerative diseases such as Alzheimer’s disease.diseases.

 

MBTs originate from almost two decades of research by our founders, resulting in their discovery of a novel group of mitochondrial-derived peptides, (MDPs)or MDPs encoded within the genome of mitochondria, the powerhouses of the cell.mitochondrial genome. Some of these naturally occurring MDPs and certain relatedtheir analogs have demonstrated a range of biological activity and therapeutic potential in pre-clinicalresearch models across multiple diseases associated with aging.

 

We believe CohBar is a first mover in exploring the mitochondrial genome for therapeutically relevant peptides, and has developed a proprietary MBT technology platform which uses cell based assays and animal models of disease to rapidly identify mitochondrial peptides with promising biological activity. Once identified, we deploy optimization techniques to improve the drug-like properties of our MBT candidates, enabling us to match the most biologically promising peptides to disease indications that have substantial unmet medical needs.

In September 2016, we advanced two novel, optimized analogs of our MOTS-c MDP, CB4209 and CB4211, into IND-enabling studies as our lead MBT drug candidates with potential for treatment of NASH and obesity. In November 2017 we announced the selection of CB4211 as the final candidate for the remaining pre-IND studies.

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Our founders and scientific team have also discovered a large number of additional MDPs that have demonstrated a range of biological activities and therapeutic potential. Our ongoing research and development of our pipeline MDPs is focused on identifying and advancing novel improved analogs of those MDPs that have the greatest therapeutic and commercial potential for development into drugs.

Our scientific team includes the expertise of our founders, Dr. Pinchas Cohen, Dean of the Davis School of Gerontology at the University of Southern California, and Dr. Nir Barzilai, Professor of Genetics and Director of the Institute for Aging Research at the Albert Einstein College of Medicine, and is augmented by our co-founders, Dr. David Sinclair, Professor of Genetics at Harvard Medical School, and Dr. John Amatruda, former Senior Vice President and Franchise Head for Diabetes and Obesity at Merck Research Laboratories. Our research and development efforts are conducted under the leadership of our Chief Scientific Officer, Dr. Kenneth Cundy, former Chief Scientific Officer at Xenoport, Inc. and Senior Director of Biopharmaceutics at Gilead Sciences, Inc. Dr. Cundy is the co-inventor of several approved drugs including tenofovir, an antiretroviral drug that is marketed globally in various combinations with other drugs for the treatment of HIV infection (Atripla®, Viread®, Complera®, Stribild®, Truvada®), gabapentin enacarbil (Horizant®) for the treatment of RLS and post-herpetic neuralgia, and Nanocrystal® technology, employed in several other approved drugs.

We are the exclusive licensee from the Regents of the University of California and the Albert Einstein College of Medicine of four issued U.S. patents, four U.S. patent applications and several related international patent applications in various jurisdictions. Our licensed patents and patent applications include claims that are directed to compositions comprising MDPs and their analogs and/or methods of their use in the treatment of indicated diseases. We have also filed one patent application under the international patent cooperation treaty (PCT) and more than 65 provisional patent applications with claims directed to both compositions comprising and methods of using novel proprietary MDPs and their analogs.

We believe that the proprietary capabilities of our technology platform combined with our scientific expertise and intellectual property portfolio provides a competitive advantage in our mission to treat age-related diseases and extend healthy life spans through the advancement of MBTs as a new class of transformative drugs.

We were formed as a limited liability company in the state of Delaware in 2007, and converted to a Delaware corporation in 2009. We completed our initial public offering of common stock in January 2015 and our common stock is listed for trading on the TSX-V (COB.U) and the OTCQX (CWBR).

Our laboratory and corporate headquarters are located in Menlo Park, California.

Business Strategy

Our strategic objective is to secure, maintain and exploit a leading scientific, commercial and intellectual property position in the arena of mitochondria based therapeutics, with best-in-class treatments for diseases associated with aging and metabolic dysfunction. The key elements of our strategy include:

advancing our lead program to IND submission and through clinical trials;

utilizing our proprietary technology platform to continue identifying, assessing and optimizing new analogs of biologically active MDPs and advancing those MBT candidates with the greatest therapeutic and commercial potential;

developing strategic partnerships with leading pharmaceutical companies and other organizations to advance our research programs and future development and commercialization efforts;

raising adequate capital to fund our operations, research and clinical development programs;

minimizing operating costs and related funding requirements for our research and development activities through careful program management and cost-efficient relationships with academic partners, consultants and contract research organizations (CROs);

optimizing the development of our intellectual property portfolio to capture all novel therapeutically relevant peptides encoded within the mitochondrial genome; and

increasing awareness and recognition of our team, assets, capabilities and opportunities within the investment and scientific communities.

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OUR PIPELINE

Our pipeline includes a number of MDPs and MBT candidates in different stages of pre-clinical study. Our research efforts are focused on identifying, assessing and optimizing new analogs of biologically active MDPs and advancing those MDPs considered to have greatest therapeutic and commercial potential as MBT candidates.

Lead MBT Drug Candidate (CB4211)

In September 2016, we advanced two novel, optimized analogs of our MOTS-c MDP, CB4209 and CB4211, into IND-enabling studies as our lead MBT drug candidates with potential for treatment of NASH and obesity. In November 2017 we announced the selection of CB4211 as the final candidate for the remaining pre-IND studies.

CB4211 is a novel, optimized analogs of MOTS-c, a naturally occurring mitochondrial peptide discovered by our founders and their academic collaborators in 2012. Their research in cells and animal models indicated that MOTS-c plays a significant role in the regulation of metabolism. Certain of the original MOTS-c studies were published in an article entitled “The Mitochondrial-Derived Peptide, MOTS-c, Promotes Metabolic Homeostasis and Reduces Obesity and Insulin Resistance,” which appeared in the March 3, 2015 edition of the journal Cell Metabolism.

In pre-clinical models, both CB4209 and CB4211 demonstrated significant therapeutic potential for the treatment of NASH, showing improvements in triglyceride levels, as well as favorable effects on liver enzyme markers associated with NAFLD and NASH, and obesity, demonstrating significantly greater weight loss together with more selective reduction of fat mass versus lean mass in head-to-head comparison to a market-leading obesity drug. The therapeutic effects of CB4209 and CB4211 have been further evaluated in the well-established preclinical STAM™ mouse model of NASH. In this model, treatment with CB4209 or CB4211 resulted in a significant reduction of the non-alcoholic fatty liver disease activity score, or NAS, a composite measure of steatosis (fat accumulation), inflammation and hepatocyte ballooning (cellular injury). Additional pre-clinical studies are ongoing or planned. CB4211 represents a first-in-class drug candidate for the treatment of NASH and obesity, targeting energy regulation and lipid metabolism.

Investigational Programs

Our R&D pipeline also includes the MDPs described below. Our pre-clinical activities with respect to these peptides are focused on identifying and optimizing those MDPs and their analogs that demonstrate the greatest commercial and therapeutic potential as MBTs.

SHLP Analogs: Our founders and their academic collaborators discovered several peptides encoded within the mitochondrial genome with a similar origin to humanin, the first discovered peptide; we refer to these as small humanin-like peptides, or SHLPs. In cancer treatment models conducted by our founders and their collaborators, both in cell culture and in mice, SHLP-6 demonstrated suppression of cancer progression via mechanisms involving both suppression of tumor angiogenesis (blood vessel development) and induction of apoptosis (cancer cell death). There is also preclinical evidence to suggest that SHLP-2 has protective effects against neuronal toxicity. Certain of the SHLP studies were published in a research paper entitled “Naturally occurring mitochondrial-derived peptides are age-dependent regulators of apoptosis, insulin sensitivity, and inflammatory markers,” which appeared in the April 2016 edition of the journal Aging.

Humanin Analogs: Humanin has demonstrated protective effects in various animal models of age-related diseases, including Alzheimer’s disease, atherosclerosis, myocardial and cerebral ischemia and T2D. Humanin levels in humans have been shown to decline with age, and elevated levels of humanin together with lower incidence of age-related diseases have been observed in centenarians as well as their offspring. In vitro studies with humanin and humanin analogs have demonstrated protective effects against neuronal toxicity suggesting that a humanin analog may have potential for development as an MBT treatment for neurodegenerative diseases such as Alzheimer’s disease.

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Additional Discovered MDPs: Our internal discovery efforts have resulted in the identification of more than 100 previously unidentified peptides encoded within the mitochondrial genome. Thesegenome and generated over 1,000 analogs. Many of these MDPs and their analogs have demonstrated various degrees of biological activity in a wide range of cell based and/or animal models relevant to a wide range of diseases, such as NASH, obesity, cancer, fibrotic diseases including IPF, T2D cancer,and cardiovascular disease and Alzheimer’s disease.neurodegenerative diseases.

 

All of our pipeline MDPs and MBT candidates are in the pre-clinical stage of development, and there is no guarantee that the activity demonstrated in pre-clinical models will be shown in human testing.

OUR TECHNOLOGY PLATFORM

Our proprietary technology platform is designed to rapidly identify therapeutically relevant peptides encoded within the mitochondrial genome, to evaluate their biological activity, and to develop these peptides into novel MBTs that have the potential to treat diseases with major unmet medical needs. We believe our technology platform presents multiple opportunities for value creation. Our multiplexed peptide optimization process is designed to discover numerous potential drug candidate opportunities with near term value. These drug candidates could be internally developed by CohBar or advanced through strategic partnerships with larger pharmaceutical companies. At the same time, our strategy of capturing the most valuable MBT space by aggressively filing for broad intellectual property coverage is designed to secure CohBar’s leadership role in the field and protect our ability to create additional value in the future.

We use a broad range of proprietary activity screens to assess the therapeutic potential of our novel peptides and to prioritize our development opportunities. Some of our novel peptides have demonstrated promising biological effects in a variety of in vitro and/or in vivo models of age related diseases. We are prioritizing our novel peptides by assessing their activity in areas such as metabolic regulation, oxidative stress, cellular energy levels, cell proliferation, cell death, cellular protection, carbohydrate metabolism, lipid metabolism, body weight, regulation of body fat, insulin sensitivity, regulation of glucose, glucose tolerance, and liver function. 

Corporate InformationBusiness Organization

 

Our Company was formed as a Delaware limited liability company on October 19, 2007. We converted to a Delaware corporation under the provisions of the Delaware Limited Liability Company Act and the Delaware General Corporation Law on September 16, 2009. Our principal executive offices are located at 1455 Adams Dr., Suite 2050, Menlo Park, CA 94025. Our telephone number is (650) 446-7888. We maintain a website at www.cohbar.com. The information contained on, connected to or that can be accessed via our website is not a part of, and is not incorporated into, this prospectus and the inclusion of our website address in this prospectus is an inactive textual reference only. We have no subsidiaries.

 

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TableDescription of Contents

RISK FACTORSthe Private Placements

 

An investmentIn August 2020, we entered into amendments (the “Amendments”) with certain holders of our 8% Unsecured Promissory Notes, as amended (the “2018 Notes”). Among other things, the terms of the applicable 2018 Notes were amended to require that the holders of such 2018 Notes participate in a future private offering of our securities (the “Private Offering”) upon terms substantially similar to those offered to investors in a future primary offering of our securities. All principal and interest outstanding under the applicable 2018 Notes was to be converted into our securities in the Private Offering, subject to legal and regulatory limitations. We also granted an additional warrant to purchase a half share of our common stock per dollar of each participating 2018 Note holder’s principal amount of the 2018 Notes with an exercise price of $2.00 per share and an expiration date of March 29, 2026 (the “August Warrant”). The August Warrants will be exercisable beginning on the six-month anniversary of the date of issuance.

In December 2020, we completed the Private Offering and entered into subscription agreements with holders of the 2018 Notes, pursuant to which we agreed to issue an aggregate of 3,154,115 units at a purchase price of $1.22 per unit, with each unit consisting of one share of common stock (the “December Shares”) and a common stock purchase warrant (the “December Warrant”) to purchase 0.75 shares of common stock. The December Warrants are exercisable at a price per share of common stock of $1.44, subject to adjustment. The December Warrants are exercisable beginning on June 18, 2021 and will expire on June 18, 2026. The units were issued in exchange for full satisfaction of the outstanding principal and interest under the 2018 Notes held by the investors.

In connection with our entry in the Amendments, we granted to the participating 2018 Note holders certain registration rights with respect to our securities issued in the Private Offering and the shares of common stock underlying the August Warrants. We are registering the securities offered hereby pursuant to such registration rights.

This prospectus is part of a registration statement that we have filed with the Securities and Exchange Commission (the “Commission”) to register 7,030,960 shares of our common stock acquired in the private placements (the “Shares”). The Shares of common stock registered hereunder consist of an aggregate of (i) outstanding December Shares held by the selling stockholders, (ii) shares issuable upon exercise of the August Warrants and (iii) shares issuable upon exercise of the December Warrants. The Shares are being registered for resale or other disposition by the selling stockholders. We will not receive any proceeds from the sale or other disposition of the Shares registered hereunder, or interests therein.


RISK FACTORS

Investing in our securitiescommon stock involves a high degree of risk. BeforePrior to making any investmenta decision about investing in our securities, you should carefully consider the risk factors set forth below,risks and uncertainties described under the caption “Risk Factors” in any applicable prospectus supplement and under the captionItem 1A. “Risk Factors” in our most recent annual report on Form 10-K and our subsequent quarterly reportsQuarterly Report on Form 10-Q filed with the Commission on November 16, 2020, which areis incorporated by reference herein, together with all of the other information contained in this prospectus and documents incorporated by reference herein. If any of the risks described herein or therein actually occur, our business, financial condition and results of operations could suffer. Additional risks and uncertainties beyond those set forth in this prospectus or in our reports filed with the Commission and incorporated herein by reference and not presently known to us or that we currently deem immaterial may also affect our operations. The trading price of our securities could decline due to any of these risks and uncertainties, and, as a result, you may lose all or part of your investment.

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FORWARD-LOOKING STATEMENTS

This prospectus and the documents incorporated herein by reference contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties. We caution readers that any forward-looking statement is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statement. These statements are based on current expectations of future events.

Such statements include, but are not limited to, statements regarding expectations and intentions, costs and expenses, outcome of contingencies, financial condition, results of operations, liquidity, cost savings, objectives of management, impacts of COVID-19, debt financing, our future results of operations and financial position, business strategies, market size, potential growth opportunities, clinical development activities, efficacy and safety profile of our product candidates, timing and results of our nonclinical studies and clinical trials, the receipt and timing of potential regulatory designations, our ability to maintain and recognize the benefits of certain designations received by product candidates, the achievement of clinical and commercial milestones, the advancement of our technologies and our proprietary product candidates, the successful achievement of the goals of our collaborations, the advancement of the product candidates that are the subjects of these collaborations, the approvals and commercialization of product candidates and other statements that are not historical facts. You can find many of these statements by looking for words like “believes,” “expects,” “anticipates,” “estimates,” “may,” “might,” “should,” “will,” “could,” “plan,” “intend,” “project,” “seek” or similar expressions in this prospectus, in documents incorporated by reference into this prospectus or any free writing prospectus. We intend that such forward-looking statements be subject to the safe harbors created thereby.

These forward-looking statements are based on the current beliefs and expectations of our management and are subject to significant risks and uncertainties. If underlying assumptions prove inaccurate or unknown risks or uncertainties materialize, actual results may differ materially from current expectations and projections. Factors that might cause such a difference include those discussed in Part II, Item 1A, “Risk Factors,” in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, as well as those discussed in this prospectus, the documents incorporated by reference into this prospectus and any free writing prospectus. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this prospectus or, in the case of documents referred to or incorporated by reference, the date of those documents.

All subsequent written or oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. We do not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date of this prospectus or to reflect the occurrence of unanticipated events, except as may be required under applicable U.S. securities law. If we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

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USE OF PROCEEDS

The proceeds from the sale of the Shares offered pursuant to this prospectus supplement, as updatedare solely for the accounts of the selling stockholders. Accordingly, we will not receive any of the proceeds from the sale of the Shares offered by our subsequent filingsthis prospectus. See “Selling Stockholders” and “Plan of Distribution” below.

SELLING STOCKHOLDERS

The Shares being offered by the selling stockholders under this prospectus consist of (i) outstanding December Shares held by the selling stockholders, (ii) shares issuable upon exercise of the August Warrants and (iii) shares issuable upon exercise of the December Warrants. We have agreements in place with the selling stockholders in which we have agreed to file a registration statement with the Commission covering the resale of such Shares, and this registration statement has been filed pursuant to those agreements.

The table below lists the selling stockholders and other information regarding their beneficial ownership (as determined under Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

These risks could materially affect our business, results of operation or financial condition and affect the value of our securities. Additional risks and uncertainties that are not yet identified may also materially harm our business, operating results and financial condition and could result in a complete loss of your investment. You could lose all or part of your investment. For more information, see “Where You Can Find More Information.”

Risks Related to Our Securities, and the Offering

Future sales or other dilution of our equity could depress the market price of our common stock.

Salesrules and regulations thereunder) of our common stock preferred stock, warrants, unitson or any combinationaround December 18, 2020. Under Section 13(d) of the foregoing inExchange Act, beneficial ownership generally includes voting or investment power with respect to securities, including any securities that grant the public market, orholder the perception that such sales could occur, could negatively affect the priceright to acquire shares of our common stock. If one or more of our shareholders were to sell large portions of their holdings in a relatively short time, for liquidity or other reasons, the prevailing market price of our common stock couldwithin 60 days of the date of determination. These shares are deemed to be negatively affected.

In addition,outstanding for the issuancepurpose of additionalcomputing the percentage ownership of the person holding those securities, but they are not treated as outstanding for the purpose of computing the percentage ownership of any other person. The percentage ownership data is based on 61,117,524 shares of our common stock securities convertible intoissued and outstanding as of December 18, 2020 (as reflected in the records of our stock transfer agent). For purposes of table below, we have assumed that all August Warrants and December Warrants that are held by selling stockholders will be exercisable within 60 days, despite the actual terms of such warrants.

We have prepared the table below based on information furnished to us by or exercisable for ouron behalf of the selling stockholders. The second column of the table lists the number of shares of common stock other equity-linked securities, including preferred stockbeneficially owned by the selling stockholders on or warrants or any combinationaround December 18, 2020. The third column of the securitiestable lists the Shares being offered under this prospectus by the selling stockholders or by those persons or entities to whom they transfer, donate, devise, pledge or distribute their Shares or by other successors in interest.

Because, among other things, the exercise of the August Warrants and December Warrants are at the option of the holders, the number of shares of common stock that will actually be issued to the selling stockholders pursuant to the August Warrants and December Warrants may be more or less than the number of Shares being offered by this prospectus. In addition, the Shares may be sold pursuant to this prospectus or in privately negotiated transactions. See “Plan of Distribution.” Because the selling stockholders may sell all, some or none of their Shares in this offering and because there are currently no agreements, arrangements or undertakings with respect to the sale of any of the Shares, we cannot estimate the number of Shares the selling stockholders will diluteactually sell under this prospectus. The fourth column of the ownership interesttable assumes the sale of all of the Shares offered by the selling stockholders pursuant to this prospectus.

The selling stockholders have not held any position or office or had any other material relationship with us or any of our common shareholderspredecessors or affiliates within the past three years, other than the acquisition and could depressbeneficial ownership of the market priceShares described in the tables below or other of our debt or equity securities.


Unless otherwise indicated in the footnotes below, we believe that the selling stockholders have sole voting and investment power with respect to all shares of our common stock and impair our ability to raise capital through the sale of additional equity securities.

We may need to seek additional capital. If this additional financing is obtained through the issuance of equity securities or warrants to acquire equity securities, our existing shareholders could experience significant dilution upon the issuance, conversion or exercise of such securities.

Our management will have broad discretion over the use of the proceeds we receive from the sale of our securities pursuant to this prospectus and might not apply the proceeds in ways that increase the value of your investment.

Our management will have broad discretion to use the net proceeds from any offerings under this prospectus, and you will be relying on the judgment of our management regarding the application of these proceeds. Except as described in any prospectus supplement or in any related free writing prospectus that we may authorize to be provided to you, the net proceeds receivedbeneficially owned by us from our sale of the securities described in this prospectus will be added to our general funds and will be used for general corporate purposes. Our management might not apply the net proceeds from offerings of our securities in ways that increase the value of your investment and might not be able to yield a significant return, if any, on any investment of such net proceeds. You may not have the opportunity to influence our decisions on how to use such proceeds.

FORWARD-LOOKING STATEMENTS

Some of the statements contained or incorporated by reference in this prospectus may be “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Exchange Act and may involve material risks, assumptions and uncertainties. Forward-looking statements typically are identified by the use of terms such as “may,” “will,” “should,” “believe,” “might,” “expect,” “anticipate,” “intend,” “plan,” “estimate” and similar words, although some forward-looking statements are expressed differently.

Although we believe that the expectations reflected in such forward-looking statements are reasonable, these statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict and which may cause actual outcomes and results to differ materially from what is expressed or forecasted in such forward-looking statements. These forward-looking statements speak only as ofthem. Since the date on which they are made and except as required by law, we undertake no obligation to publicly release the results of any revision or update of these forward-looking statements, whether as a result of new information, future events or otherwise. If we do update or correct one or more forward-looking statements, you should not conclude that we will make additional updates or corrections with respect thereto or with respect to other forward-looking statements. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from our forward-looking statements is included in our periodic reports filedprovided us with the SEC andinformation below, the selling stockholders may have sold, transferred or otherwise disposed of some or all of their shares in transactions exempt from the registration requirements of the Securities Act. Unless otherwise indicated, the address of each beneficial owner listed in the “Risk Factors” sectiontable below is c/o CohBar, Inc., 1455 Adams Dr., Suite 2050, Menlo Park, CA 94025. Certain of this prospectus.the selling stockholders are current officers or directors of the company, as indicated in the footnotes below.

 

Name of Selling Stockholder Number of Shares of
Common Stock
Owned Prior to
Offering
  Maximum
Number of
Shares of
Common Stock
to be Sold
Pursuant to this
Prospectus
  Number of
Shares of
Common Stock
Owned After Offering
 
  Number  Percentage (%)     Number  Percentage (%) 
Brian Bayley(1)  1,328,085   2.17   898,085   430,000   * 
KRE Trust(2)  454,757   *   224,757   230,000   * 
Anderson Living Trust U/A DTD 8/20/1999(3)  1,718,799   2.81   252,852   1,465,947   2.39 
Keith F. Pinsoneault and Tracey V. Pinsoneault(4)  335,352   *   252,852   82,500   * 
Steven P. Carroll and Jessica L. Carroll 1998 Trust(5)  753,499   1.23   224,757   528,742   * 
Marco & Sabrina Hellman Family Trust(6)  733,055   1.20   505,703   227,352   * 
Hellman Children’s LLC(7)  216,902   *   168,568   48,334   * 
Jon L. Stern(8)  2,343,771   3.83   224,757   2,119,014   3.42 
Alfred’s Trust Under Beatrice Stern Special Trust No. 2(9)  97,715   *   89,715   8,000   * 
The O'Donnell Family Trust Dated December 12, 2007(10)  261,191   *   56,191   205,000   * 
Michael A. Cantor(11)  821,533   1.34   224,757   596,776   * 
RBC Dominion Securities in Trust for Lisa Zumpano(12)  1,284,971   2.10   1,179,971   105,000   * 
Jeffrey F. Biunno and Laurie A. Biunno(13)  472,901   *   16,858   456,043   * 
Hinrich Investments Limited(14)  1,957,567   3.20   560,712   1,396,855   2.28 
Hilary Hope Davis(15)  222,143   *   112,143   110,000   * 
Eric I. Hemel Roth IRA(16)  2,597,135   4.25   841,069   1,756,066   2.84 
The Blumenthal Living Trust(17)  331,383   *   168,215   163,168   * 
Rick Langer(18)  643,285   1.05   224,285   419,000   * 
Colin Rothery(19)  694,285   1.14   224,285   470,000   * 
Nancy L. Graham Living Trust(20)  394,928   *   336,428   58,500   * 
Gregory R. Bonkowski(21)  469,285   *   174,285   295,000   * 
The Feldman Family Trust(22)  186,715   *   69,715   117,000   * 
Total:  18,319,257   29.97   7,030,960   11,288,297   17.62 

*Represents beneficial ownership of less than one percent of the outstanding shares of our common stock.

 5(1)The shares of common stock beneficially owned prior to this offering include (i) 573,905 shares of common stock and (ii) 754,180 shares of common stock issuable upon exercise of warrants held by Mr. Bayley.
 (2)The shares of common stock beneficially owned prior to this offering include (i) 309,861 shares of common stock and (ii) 144,896 shares of common stock issuable upon exercise of warrants held by the KRE Trust. Kurt Maier is the beneficial owner of securities held by the KRE Trust.
(3)The shares of common stock beneficially owned prior to this offering include (i) 1,415,751 shares of common stock and (ii) 303,048 shares of common stock issuable upon exercise of warrants held by the Anderson Living Trust U/A DTD 8/20/1999. Robert and Jill Ann Anderson are the beneficial owners of securities held by the Anderson Living Trust U/A DTD 8/20/1999.
(4)The shares of common stock beneficially owned prior to this offering include (i) 122,344 shares of common stock and (ii) 213,008 shares of common stock issuable upon exercise of warrants held by Mr. and Mrs. Pinsoneault.
(5)The shares of common stock beneficially owned prior to this offering include (i) 547,128 shares of common stock and (ii) 206,371 shares of common stock issuable upon exercise of warrants held by the Steven P. Carroll and Jessica L. Carroll 1998 Trust. Steven P. Carroll and Jessica L. Carroll are the beneficial owners of securities held by the Steven P. Carroll and Jessica L. Carroll 1998 Trust.
(6)The shares of common stock beneficially owned prior to this offering include (i) 307,039 shares of common stock and (ii) 426,016 shares of common stock issuable upon exercise of warrants held by the Marco & Sabrina Hellman Family Trust. Marco W. Hellman and Sabrina Harryman Hellman are the beneficial owners of securities held by the Marco & Sabrina Hellman Family Trust.
(7)The shares of common stock beneficially owned prior to this offering (i) 74,896 shares of common stock and (ii) 142,006 shares of common stock issuable upon exercise of warrants held by the Hellman Children’s LLC. The children of Marco W. Hellman and Sabrina Harryman Hellman are the beneficial owners of securities held by the Hellman Children’s LLC.
(8)The shares of common stock beneficially owned prior to this offering include (i) 694,512 shares of common stock, (ii) 1,023,098  shares of common stock issuable upon exercise of warrants and (iii) 626,161 shares of common stock issuable upon exercise of options exercisable within 60 days of December 18, 2020 held by Mr. Stern, a member of our board of directors. Mr. Stern was previously our Chief Operating Officer.
(9)The shares of common stock beneficially owned prior to this offering include (i) 39,837 shares of common stock and (ii) 57,878 shares of common stock issuable upon exercise of warrants held by Alfred’s Trust Under Beatrice Stern Special Trust No. 2.
(10)The shares of common stock beneficially owned prior to this offering include (i) 174,966 shares of common stock and (ii) 86,225 shares of common stock issuable upon exercise of warrants held by the O’Donnell Family Trust Dated December 12, 2007. William Malcolm O’Donnell, Jr. and Gail O’Donnell are the beneficial owners of securities held by the O’Donnell Family Trust Dated December 12, 2007.
(11)The shares of common stock beneficially owned prior to this offering include (i) 548,495 shares of common stock and (ii) 273,038 shares of common stock issuable upon exercise of warrants held by Mr. Cantor.
(12)The shares of common stock beneficially owned prior to this offering include (i) 524,269 shares of common stock and (ii) 760,702 shares of common stock issuable upon exercise of warrants held by RBC Dominion Securities in Trust for Lisa Zumpano. Lisa Zumpano is the beneficial owner of securities held by RBC Dominion Securities in Trust for Lisa Zumpano.
(13)The shares of common stock beneficially owned prior to this offering include (i) 18,490 shares of common stock, (ii) 10,868 shares of common stock issuable upon exercise of warrants and (iii) 443,543 shares of common stock issuable upon exercise of options exercisable within 60 days of December 18, 2020 held by Mr. Biunno, our Chief Financial Officer, Treasurer and Secretary.
(14)The shares of common stock beneficially owned prior to this offering include (i) 1,595,833 shares of common stock and (ii) 361,734 shares of common stock issuable upon exercise of warrants held by Hinrich Investments Limited. Miriam Hinrich is the beneficial owner of securities held by Hinrich Investments Limited.
(15)The shares of common stock beneficially owned prior to this offering include (i) 99,796 shares of common stock and (ii) 122,347 shares of common stock issuable upon exercise of warrants held by Ms. Davis.
(16)The shares of common stock beneficially owned prior to this offering include (i) 1,433,468 shares of common stock and (ii) 1,163,167 shares of common stock issuable upon exercise of warrants held by the Eric I. Hemel Roth IRA. Eric I. Hemel is the beneficial owner of securities held by the Eric I. Hemel Roth IRA.
(17)The shares of common stock beneficially owned prior to this offering include (i) 189,528 shares of common stock and (ii) 141,855 shares of common stock issuable upon exercise of warrants held by The Blumenthal Living Trust. Mark J. Blumenthal and Susan O. Blumenthal are the beneficial owners of securities held by The Blumenthal Living Trust.
(18)The shares of common stock beneficially owned prior to this offering include (i) 498,591 shares of common stock and (ii) 144,694 shares of common stock issuable upon exercise of warrants held by Mr. Langer.
(19)The shares of common stock beneficially owned prior to this offering include (i) 549,591 shares of common stock and (ii) 144,694 shares of common stock issuable upon exercise of warrants held by Mr. Rothery.
(20)The shares of common stock beneficially owned prior to this offering include (i) 177,887 shares of common stock and (ii) 217,041 shares of common stock issuable upon exercise of warrants held by the Nancy L. Graham Living Trust. Nancy L. Graham is the beneficial owner of securities held by the Nancy L. Graham Living Trust.
(21)The shares of common stock beneficially owned prior to this offering include (i) 374,591 shares of common stock and (ii) 94,694 shares of common stock issuable upon exercise of warrants held by Mr. Bonkowski.
(22)The shares of common stock beneficially owned prior to this offering include (i) 136,837 shares of common stock and (ii) 49,878 shares of common stock issuable upon exercise of warrants held by The Feldman Family Trust. Andrew Feldman and Jeri Feldman are the beneficial owners of securities held by The Feldman Family Trust.

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USE OF PROCEEDS

Except as may be stated in the applicable prospectus supplement, we intend to use the net proceeds we receive from the sale of the securities offered by this prospectus for general corporate purposes, which may include, among other things, capital expenditures, the financing of possible acquisitions or business expansions, increasing our working capital and the financing of ongoing research and development, operating expenses and overhead.

 

DESCRIPTIONPLAN OF CAPITAL STOCKDISTRIBUTION

 

The following is a summaryWe are registering the Shares offered hereby to permit the resale of our capital stock and certain provisions of our Third Amended and Restated Certificate of Incorporation (“Certificate of Incorporation”) and Amended and Restated Bylaws (“Bylaws”). This summary does not purport to be complete and is qualified in its entiretythese Shares by the provisions of our Articles of Incorporation, as amended, our Amended and Restated Bylaws, and applicable provisions of the Delaware General Corporation Law.

See “Where You Can Find More Information” elsewhere in this prospectus for information on where you can obtain copies of our Certificate of Incorporation and Bylaws, which have been filed with and are publicly availableholders thereof from the SEC.

Our authorized capital stock consists of 75,000,000 shares of common stock, par value $0.001 per share, and 5,000,000 shares of preferred stock, par value $0.001 per share.  Currently, we have no other authorized class of stock. 

DESCRIPTION OF COMMON STOCK

As of the date of this prospectus, we had an aggregate of 39,420,837 shares of our common stock outstanding. Our outstanding capital stock was held by 97 stockholders of record as oftime to time after the date of this prospectus. This number doesWe will not include beneficial owners whose shares arereceive any of the proceeds from the sale by the selling stockholders of the Shares offered hereby. We will bear all fees and expenses incident to our obligation to register these Shares.

The selling stockholders may sell all or a portion of the Shares held by nominees in street name.

Dividend Rights

Subjectthem and offered hereby from time to any preferences that may be applicable to any then outstanding shares of preferred stock, holders of our common stock are entitled to receive dividends of cash, propertytime directly or shares of our capital stock that we pay or distribute out of funds legally available if our board of directors, in its discretion, determines to issue dividends and only then at the times and in the amounts that our board of directors may determine. For further information on our dividend policy, see “Dividend Policy” above.

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Voting Rights

Each holder of our common stock is entitled to one vote for each share of common stock held by such holder on all matters on which stockholders generally are entitled to vote, provided that holders of common stock are not entitled to vote on amendments to our Certificate of Incorporation related solely to the terms ofthrough one or more outstanding series of preferred stock ifunderwriters, broker-dealers or agents. If the holders of such seriesShares are entitled to vote thereon, unless required by law. Oursold through underwriters or broker-dealers, the selling stockholders do not have cumulative voting rights in the election of directors. Accordingly, subject to the preferences thatwill be responsible for underwriting discounts or commissions or agent’s commissions. The Shares may be applicable to any then outstanding shares of preferred stock, holders of a majority of the voting shares are able to elect all of the directors.

Liquidation

In the event of our dissolution or liquidation, whether voluntary or involuntary, holders of our common stock will be entitled to share ratably in the net assets legally available for distribution to stockholders after the payment of all of our debts and other liabilities and subject to any preferential or other rights of any then outstanding shares of preferred stock.

Rights and Preferences

Holders of our common stock have no preemptive, conversion, subscription or other rights, and there are no redemption or sinking fund provisions applicable to our common stock. The rights, preferences and privileges of the holders of our common stock are subject to and may be adversely affected by the rights of the holders of shares of any series of our preferred stock that we may designate in the future.

Authorized but unissued shares

The authorized but unissued shares of common stock and preferred stock are available for future issuance without stockholder approval, subject to any limitations imposed by the listing standards of the TSX-V or any other exchange or quotation service on which our stock may be traded. These additional shares may be used for a variety of corporate finance transactions, acquisitions and employee benefit plans. The existence of authorized but unissued and unreserved common stock and preferred stock could make more difficult or discourage an attempt to obtain control of us by means of a proxy contest, tender offer, merger or otherwise.

Transfer Agent and Registrar

The main transfer agent and registrar for our common stock is AST Trust Company (Canada) in Vancouver, British Columbia, and the co-transfer agent and co-registrar for our common stock is American Stock Transfer & Trust Company, LLC in New York, New York. The agent and registrar for our warrants is AST Trust Company (Canada) in Vancouver, British Columbia.

Stock Exchange Listing

Our common stock is traded on the TSX-V under the symbol “COB.U” and on the OCTQX under the symbol “CWBR.”

DESCRIPTION OF PREFERRED STOCK

As of the date of this prospectus, no shares of preferred stock had been issued or were outstanding. Our board of directors has the authority, without further action by our stockholders, to issue up to 5,000,000 shares of preferred stocksold in one or more series and to fixtransactions at fixed prices, at prevailing market prices at the rights, preferences, privileges and restrictions thereof.time of the sale, at varying prices determined at the time of sale or at negotiated prices. These rights, preferences and privileges could include dividend rights, conversion rights, voting rights, terms of redemption, liquidation preferences, sinking fund terms and the number of shares constituting any series or the designation of such series, any or all ofsales may be effected in transactions, which may be greater than the rights of common stock. The issuance of preferred stock by us could adversely affect the voting power of holders of common stock and the likelihood that such holders will receive dividend payments and payments upon liquidation. In addition, the issuance of preferred stock could have the effect of delaying, deferringinvolve crosses or preventing a change of control of our company or other corporate action.

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We will file as an exhibit to the Registration Statement of which this prospectus is a part, or will incorporate by reference from reports that we file with the SEC, the form of any certificate of designation or amendment to our Certificate of Incorporation that describes the terms of any series of preferred stock we are offering before the issuance of that series of preferred stock. This description will include, but not be limited to, the following: (i) the title and stated value; (ii) the number of shares we are offering; (iii) the liquidation preference per share; (iv) the purchase price; (v) the dividend rate, period and payment date and method of calculation for dividends; (vi) whether dividends will be cumulative or non-cumulative and, if cumulative, the date from which dividends will accumulate; (vii) the provisions for a sinking fund, if any; (viii) the provisions for redemption or repurchase, if applicable, and any restrictions on our ability to exercise those redemption and repurchase rights; (ix) whether the preferred stock will be convertible into our common stock, and, if applicable, the conversion price, or how it will be calculated, and the conversion period; (x) whether the preferred stock will be exchangeable into debt securities, and, if applicable, the exchange price, or how it will be calculated, and the exchange period; (xi) voting rights, if any, of the preferred stock; (x) preemptive rights, if any; (xi) restrictions on transfer, sale or other assignment, if any; (xii) a discussion of any material United States federal income tax considerations applicable to the preferred stock; (xiii) the relative ranking and preferences of the preferred stock as to dividend rights and rights if we liquidate, dissolve or wind up our affairs; (xiv) any limitations on the issuance of any class or series of preferred stock ranking senior to or on a parity with the series of preferred stock as to dividend rights and rights if we liquidate, dissolve or wind up our affairs and (xv) any other specific terms, preferences, rights or limitations of, or restrictions on, the preferred stock.

DESCRIPTION OF WARRANTS

We may issue warrants for the purchase of common stock and/or preferred stock in one or more series. We may issue warrants independently or together with common stock and/or preferred stock and the warrants may be attached to or separate from these securities. While the terms summarized below will apply generally to any warrants that we may offer, we will describe the particular terms of any series of warrants in more detail in the applicable prospectus supplement. The terms of any warrants offered under a prospectus supplement may differ from the terms described below.

We will file as exhibits to the Registration Statement of which this prospectus is a part, or will incorporate by reference from reports that we file with the SEC, the form of warrant agreement, including a form of warrant certificate, that describes the terms of the particular series of warrants we are offering before the issuance of the related series of warrants. The following summaries of material provisions of the warrants and the warrant agreements are subject to, and qualified in their entirety by reference to, all the provisions of the warrant agreement and warrant certificate applicable to the particular series of warrants that we may offer under this prospectus. We urge you to read the applicable prospectus supplements related to the particular series of warrants that we may offer under this prospectus, as well as any related free writing prospectuses, and the complete warrant agreements and warrant certificates that contain the terms of the warrants.

General

We will describe in the applicable prospectus supplement the terms of the series of warrants being offered, including:

the offering price and aggregate number of warrants offered;
the currency for which the warrants may be purchased;
if applicable, the designation and terms of the securities with which the warrants are issued and the number of warrants issued with each such security or each principal amount of such security;
if applicable, the date on and after which the warrants and the related securities will be separately transferable;
in the case of warrants to purchase common stock or preferred stock, the number of shares of common stock or preferred stock, as the case may be, purchasable upon the exercise of one warrant and the price at which these shares may be purchased upon such exercise;

the effect of any merger, consolidation, sale or other disposition of our business on the warrant agreements and the warrants;

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the terms of any rights to redeem or call the warrants;

any provisions for changes to or adjustments in the exercise price or number of securities issuable upon exercise of the warrants;
the dates on which the right to exercise the warrants will commence and expire;
the manner in which the warrant agreements and warrants may be modified;
a discussion of any material or special United States federal income tax consequences of holding or exercising the warrants;
the terms of the securities issuable upon exercise of the warrants; and
any other specific terms, preferences, rights or limitations of or restrictions on the warrants.

Before exercising their warrants, holders of warrants will not have any of the rights of holders of the securities purchasable upon such exercise, including in the case of warrants to purchase common stock or preferred stock, the right to receive dividends, if any, or payments upon our liquidation, dissolution or winding up or to exercise voting rights, if any.

Exercise of Warrants

Each warrant will entitle the holder to purchase the securities that we specify in the applicable prospectus supplement at the exercise price that we describe in the applicable prospectus supplement. Holders of the warrants may exercise the warrants at any time up to the specified time on the expiration date that we set forth in the applicable prospectus supplement. After the close of business on the expiration date, unexercised warrants will become void.

Holders of the warrants may exercise the warrants by delivering the warrant certificate representing the warrants to be exercised together with specified information, and paying the required amount to the warrant agent in immediately available funds, as provided in the applicable prospectus supplement. We will set forth on the reverse side of the warrant certificate and in the applicable prospectus supplement the information that the holder of the warrant will be required to deliver to the warrant agent.

If fewer than all of the warrants represented by the warrant certificate are exercised, then we will issue a new warrant certificate for the remaining amount of warrants. If we so indicate in the applicable prospectus supplement, holders of the warrants may surrender securities as all or part of the exercise price for warrants.

DESCRIPTION OF UNITS

As specified in the applicable prospectus supplement, we may issue, in one more series, units consisting of common stock, preferred stock and/or warrants for the purchase of common stock and/or preferred stock in any combination. The applicable prospectus supplement will describe:

.

the securities comprising the units, including whether and under what circumstances the securities comprising the units may be separately traded;
the terms and conditions applicable to the units, including a description of the terms of any applicable unit agreement governing the units; and
a description of the provisions for the payment, settlement, transfer or exchange of the units.

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PLAN OF DISTRIBUTION

The securities covered by this prospectus may be offered and sold from time to timeblock transactions, pursuant to one or more of the following methods:

 

 

through agents;

on any national securities exchange or quotation service on which the Shares may be listed or quoted at the time of sale;

 

to or through underwriters;

in the over-the-counter market;

 

in transactions otherwise than on these exchanges or systems or in the over-the-counter market;

through the writing or settlement of options, whether such options are listed on an options exchange or otherwise;

ordinary brokerage transactions and transactions in which the broker-dealer solicits purchasers;

block trades in which the broker-dealer will attempt to or through broker-dealers (actingsell the Shares as agent or principal);but may position and resell a portion of the block as principal to facilitate the transaction;

 

purchases by a broker-dealer as principal and resale by the broker-dealer for its account;

an exchange distribution in “ataccordance with the market offerings” within the meaning of Rule 415(a)(4)rules of the Securities Act, to or through a market maker or into an existing trading market, on an exchange, or otherwise;applicable exchange;

 

directly to purchasers, through a specific bidding or auction process or otherwise; or

privately negotiated transactions;

 

through

short sales made after the date the Registration Statement is declared effective by the Commission;

broker-dealers may agree with a selling stockholder to sell a specified number of such shares at a stipulated price per share;

a combination of any such methods of sale.sale; and

any other method permitted pursuant to applicable law.

 

Agents,The selling stockholders may also sell Shares under Rule 144 promulgated under the Securities Act, if available, rather than under this prospectus. In addition, the selling stockholders may transfer the Shares by other means not described in this prospectus. If the selling stockholders effect such transactions by selling Shares to or through underwriters, broker-dealers or agents, such underwriters, broker-dealers or agents may be paid compensation for offering and selling the securities. That compensation may bereceive commissions in the form of discounts, concessions or commissions to be received from us, from the selling stockholders or commissions from purchasers of the securitiesShares for whom they may act as agent or to whom they may sell as principal (which discounts, concessions or commissions as to particular underwriters, broker-dealers or agents may be in excess of those customary in the types of transactions involved). In connection with sales of the Shares or otherwise, the selling stockholders may enter into hedging transactions with broker-dealers, which may in turn engage in short sales of the Shares in the course of hedging in positions they assume. The selling stockholders may also sell shares of common stock short and deliver Shares covered by this prospectus to close out short positions and to return borrowed shares in connection with such short sales. The selling stockholders may also loan or pledge Shares to broker-dealers that in turn may sell such Shares.

The selling stockholders may pledge or grant a security interest in some or all of the Shares owned by them and, if they default in the performance of their secured obligations, the pledgees or secured parties may offer and sell the Shares from both ustime to time pursuant to this prospectus or any amendment to this prospectus under Rule 424(b)(3) or other applicable provision of the Securities Act amending, if necessary, the list of selling stockholders to include the pledgee, transferee or other successors in interest as selling stockholders under this prospectus. The selling stockholders also may transfer and donate the Shares in other circumstances in which case the transferees, donees, pledgees or other successors in interest will be the selling beneficial owners for purposes of this prospectus.

To the extent required by the Securities Act and the purchasers. Any underwriters, dealers, agents or other investorsrules and regulations thereunder, the selling stockholders and any broker-dealer participating in the distribution of the securitiesShares may be deemed to be “underwriters,” as that term is defined in“underwriters” within the meaning of the Securities Act, and compensation and profits received by them on sale of the securitiesany commission paid, or any discounts or concessions allowed to, any such broker-dealer may be deemed to be underwriting commissions as that term is defined in the rules promulgatedor discounts under the Securities Act.

Each At the time securities are offered by this prospectus,of a particular offering of the Shares, a prospectus supplement, if required, will be distributed, which will set forth:

the name of any underwriter, dealer or agent involved in the offerforth the aggregate amount of Shares being offered and sale of the securities;

the terms of the offering;

any discounts concessions or commissions and other items constituting compensation received by the underwriters, broker-dealers or agents;

any over-allotment option under which any underwriters may purchase additional securities from us; and

any initial public offering price.

The securities may be sold at a fixed price or prices, which may be changed, at market prices prevailing at the time of sale, at prices relating to the prevailing market prices or at negotiated prices. The distribution of securities may be effected from time to time in one or more transactions, by means of one or more of the following transactions, which may include crossoffering, including the name or block trades:

transactions on the OTCQX marketplace, the TSX-V or any other organized market where the securities may be traded;

in the over-the-counter market;

in negotiated transactions;

under delayed delivery contracts or other contractual commitments; or

a combination of such methods of sale.

If underwriters are used in a sale, securities will be acquired bynames of any broker-dealers or agents, any discounts, commissions and other terms constituting compensation from the underwriters for their own accountselling stockholders and may be resold from time to time in one or more transactions. Our securities may be offered to the public either through underwriting syndicates represented by one or more managing underwriters or directly by one or more firms acting as underwriters. If an underwriter or underwriters are used in the sale of securities, an underwriting agreement will be executed with the underwriter or underwriters at the time an agreement for the sale is reached. This prospectus and the prospectus supplement will be used by the underwriters to resell the shares of our securities. The underwriters’any discounts, commissions discounts or concessions may qualify as underwriters’ compensation under the Securities Act and the rules of the Financial Industry Regulatory Authority, Inc.,allowed or FINRA. re-allowed or paid to broker-dealers.

 

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If 5% or more of the net proceeds of any offering of our securities made under this prospectus will be received by a FINRA member participating in the offering or affiliates or associated persons of such FINRA member, the offering will be conducted in accordance with FINRA Rule 5121.

To comply withUnder the securities laws of certainsome states, if applicable, the securities offered by this prospectus willShares may be offered and sold in thosesuch states only through registered or licensed brokers or dealers. In addition, in some states Shares offered hereby may not be sold unless such Shares have been registered or qualified for sale in such state or an exemption from registration or qualification is available and is complied with.

 

Agents, underwritersThere can be no assurance that any selling stockholder will sell any or all of the Shares registered pursuant to the registration statement of which this prospectus forms a part.

The selling stockholders and dealersany other person participating in such distribution will be subject to applicable provisions of the Exchange Act and the rules and regulations thereunder, including, without limitation, to the extent applicable, Regulation M of the Exchange Act (“Regulation M”), which may be entitled under agreements entered intolimit the timing of purchases and sales of any Shares by the selling stockholders and any other participating person. To the extent applicable, Regulation M may also restrict the ability of any person engaged in the distribution of the Shares to engage in market-making activities with usrespect to indemnification by us against specified liabilities, including liabilities incurredthe Shares. All of the foregoing may affect the marketability of the Shares and the ability of any person or entity to engage in market-making activities with respect to the Shares.

Once sold under the Securities Act, or to contribution by us to payments they mayregistration statement of which this prospectus forms a part, the Shares offered hereby will be required to make in respect of such liabilities. The prospectus supplement will describe the terms and conditions of such indemnification or contribution. Some of the agents, underwriters or dealers, or their respective affiliates may be customers of, engage in transactions with or perform services for usfreely tradable in the ordinary coursehands of business. We will describe in the prospectus supplement naming the underwriter the nature of any such relationship.

Certain persons participating in the offering may engage in over-allotment, stabilizing transactions, short-covering transactions and penalty bids in accordance with Regulation M under the Exchange Act. We make no representation or prediction as to the direction or magnitude of any effect that such transactions may have on the price of the securities. For a description of these activities, see the information under the heading “Underwriting” in the applicable prospectus supplement.other than our affiliates.


LEGAL MATTERS

 

The validity of the securitiesissuance of Shares offered in this prospectushereby will be passed upon for us by Garvey Schubert Barer.Fenwick & West LLP, Seattle, Washington.

 

EXPERTS

 

OurMarcum LLP, our independent registered public accounting firm, has audited our financial statements as ofincluded in our Annual Report on Form 10-K for the year ended December 31, 2016 and 2015, and for the years then ended,2019, as set forth in their report, which is incorporated by reference in this prospectus have been auditedand elsewhere in the registration statement. Our financial statements are incorporated by Marcum LLP, an independent registered public accounting firm, as set forth in their report, and are includedreference in reliance on suchMarcum LLP’s report, given on thetheir authority of said firm as experts in auditingaccounting and accounting.auditing.

 

INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCEWHERE YOU CAN FIND MORE INFORMATION

 

The SEC allows usWe are subject to “incorporate by reference” the informationfiling requirements of the Securities Exchange Act of 1934 (the “Exchange Act”). Therefore, we file with them into this prospectus. This means that we can disclose importantannual, quarterly and other periodic reports, proxy statements and other information about us and our financial condition to you by referring you to another document filed separately with the SEC insteadSecurities and Exchange Commission. You can read our Securities and Exchange Commission filings, including this registration statement, over the Internet at the Securities and Exchange Commission’s website at www.sec.gov.

Our Internet address is www.achievelifesciences.com. There we make available free of havingcharge, on or through the investor relations section of our website, annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to repeatthose reports filed pursuant to Section 13(a) or 15(d) of the information in this prospectus.Exchange Act as soon as reasonably practicable after we electronically file such material with the Securities and Exchange Commission. The information incorporated by referencefound on our website is considered to benot part of this prospectus and laterinvestors should not rely on any such information thatin deciding whether to invest.

INCORPORATION OF CERTAIN INFORMATION BY REFERENCE

We have elected to incorporate the following documents into this prospectus, together with all exhibits filed therewith or incorporated therein by reference, to the extent not otherwise amended or superseded by the contents of this prospectus:

our Annual Report on Form 10-K for the year ended December 31, 2019, as filed with the Commission on March 12, 2020;

our Quarterly Reports on Form 10-Q for the quarter ended March 31, 2020, as filed with the Commission on May 14, 2020, for the quarter ended June 30, 2020, as filed with the Commission on August 13, 2020 and for the quarter ended September 30, 2020, as filed with the Commission on November 16, 2020;

our Current Reports on Form 8-K filed with the Commission on March 30, 2020, May 13, 2020, May 27, 2020, June 18, 2020, July 9, 2020, August 26, 2020 and December 22, 2020;

our Definitive Proxy Statement on Schedule 14A filed with the Commission on April 29, 2020; and

the description of our common stock contained in our registration statement on Form 8-A filed with the Commission on December 13, 2017 under Section 12 of the Exchange Act, including any amendment or report filed for the purpose of updating such description.

In addition, we file with the SEC will automatically update and supersedeincorporate by reference in this information. This prospectus incorporates by reference any future filings madewe make with the SECCommission under Sections 13(a), 13(c), 14, or 15(d) of the Exchange Act between(excluding any information furnished and not filed with the Commission) after the date on which the registration statement that includes this prospectus was initially filed with the Commission (including all such documents we may file with the Commission after the date of the initial registration statement and prior to effectiveness of the registration statement and the documents listed below that we have previously filed with the SEC:

our Annual Report on Form 10-K for the year ended December 31, 2016;
our Quarterly Reports on Form 10-Q for the periods ended March 31, 2017, June 30, 2017, and September 30, 2017;

our Current Reports on Form 8-K filed on February 2, 2017, June 19, 2017, June 23, 2017 and July 18, 2017.
the description of our common stock contained in our Registration Statement on Form 8-A filed with the SEC on December 17, 2014, including any amendments or reports filed for the purpose of updating such description.

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We also incorporate by referencestatement) until all documents that we file with the SEC on or after the effective time ofofferings under this prospectus pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act and prior to the sale of all the securities registered hereunder or the termination of the registration statement. Nothing in this prospectus shall be deemed to incorporate information furnished but not filed with the SEC.are terminated.

 

Any statement contained in this prospectus or in a document incorporated or deemed to be incorporated by reference in this prospectusherein shall be deemed to be modified or superseded for all purposes of this prospectus to the extent that a statement contained herein or in the applicablethis prospectus supplement or in any other subsequently filed document which is also isincorporated or is deemed to be incorporated by reference, modifies or supersedes thesuch statement. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this prospectus.

You may request a copy of thethese filings incorporated herein by reference, including exhibits(other than an exhibit to such documentsa filing unless that areexhibit is specifically incorporated by reference into that filing) at no cost by writing or calling us at the following address or telephone number:

 

Simon AllenCorporate Secretary

Chief Executive Officer

1455 Adams Dr., Suite 2050

Menlo Park, CA 94025

(650) 446-7888

 

Statements contained in this prospectus as to the contents of any contract or other documents are not necessarily complete, and in each instance you are referred to the copy of the contract or other document filed as an exhibit to the registration statement or incorporated herein, each such statement being qualified in all respects by such reference and the exhibits and schedules thereto.

WHERE YOU CAN FIND MORE INFORMATION

This prospectus is part of a registration statement on Form S-3 that we filed with the SEC registering the securities that may be offered and sold hereunder. The registration statement, including exhibits thereto, contains additional relevant information about us and these securities that, as permitted by the rules and regulations of the SEC, we have not included in this prospectus. A copy of the registration statement can be obtained at the address set forth below or at the SEC’s website as noted below. You should read the registration statement, including any applicable prospectus supplement, for further information about us and these securities.

We file annual reports, quarterly reports, current reports, proxy statements and other information with the Securities and Exchange Commission (the “SEC”)SEC under the Securities Exchange Act of 1934, as amended. You can inspect and obtain a copy of our reports, proxy statements and other information filed with the SEC at the offices of the SEC’s Public Reference Room at 100 F Street N.E., Washington, D.C. 20549, on official business days during the hours of 10 a.m. to 3 p.m. EST. Please call the SEC at 1-800-SEC-0330 for further information on the Public Reference Room. The SEC maintains an Internet website at http://www.sec.gov where you can access copies of most of our SEC filings.

 

We make our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and amendments to those reports, available free of charge on our corporate website. In addition, our Code of Ethics and Business Conduct and the charters of our Audit Committee, Compensation Committee and Corporate Governance and Nominating Committee are available on our corporate website.website at www.cohbar.com. The contents of our corporate website are not incorporated into, or otherwise to be regarded as part of, this Registration Statement on Form S-3.prospectus.


 

CohBar, Inc.

7,030,960 Shares of Common Stock

January 22, 2021

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PART II

INFORMATION NOT REQUIRED IN PROSPECTUS

 

ItemITEM 14.Other Expenses of Issuance and Distribution.OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION

 

The following table sets forth allthe fees and expenses, other than placement agent fees and expenses, payable by us in connection with the offeringregistration of our securities being registered hereby.the common stock hereunder. All amounts shown are estimates except for the SECCommission registration fee. fee:

 

Registration fee $12,450 
     
Legal fees and expenses  * 
     
Accounting fees and expenses  * 
     
Printing and miscellaneous expenses  * 
     
Total expenses $* 

*Estimated expenses are presently not known and cannot be estimated.

    
Item Amount to be
paid
 
Commission registration fee $1,089 
Legal fees and expenses  20,000 
Accounting fees and expenses  7,500 
Transfer agent fees and expenses  2,200 
Miscellaneous expenses  -   
Total $30,789 

ITEM 15. INDEMNIFICATION OF DIRECTORS AND OFFICERS

Section 145 of the Delaware General Corporation Law authorizes a court to award, or a corporation’s board of directors to grant, indemnity to directors and officers under certain circumstances and subject to certain limitations. The terms of Section 145 of the Delaware General Corporation Law are sufficiently broad to permit indemnification under certain circumstances for liabilities, including reimbursement of expenses incurred, arising under the Securities Act of 1933, as amended, or the Securities Act.

As permitted by the Delaware General Corporation Law, the Registrant’s restated certificate of incorporation contains provisions that eliminate the personal liability of its directors for monetary damages for any breach of fiduciary duties as a director, except liability for the following:

Item 15.Indemnificationany breach of Directors and Officers.the director’s duty of loyalty to the Registrant or its stockholders;
acts or omissions not in good faith or that involve intentional misconduct or a knowing violation of law;
under Section 174 of the Delaware General Corporation Law (regarding unlawful dividends or stock purchases); or
any transaction from which the director derived an improper personal benefit.

 

Section 145(a) ofAs permitted by the Delaware General Corporation Law, of the State of Delaware (the “DGCL”) provides that a corporation shall have the power to indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action by or in the right of the corporation) by reason of the fact that the person is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by him in connection with such action, suit or proceeding if the person acted in good faith and in a manner the person reasonably believed to be in or not opposed to the best interest of the corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful. The termination of any action, suit or proceeding by judgment, order, settlement, conviction or upon a plea of nolo contendere or its equivalent shall not, of itself, create a presumption that the person did not act in good faith and in a manner which the person reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had reasonable cause to believe that his conduct was unlawful.Registrant’s restated bylaws provide that:

 

Section 145(b) of the DGCL provides that a corporation shall have the power to indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact that the person is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against expenses (including attorneys’ fees) actually and reasonably incurred by him in connection with the defense or settlement of such action or suit if the person acted in good faith and in a manner the person reasonably believed to be in or not opposed to the best interests of the corporation and except that no indemnification shall be made with respect to any claim, issue or matter as to which such person shall have been adjudged to be liable to the corporation unless and only to the extent that the Court of Chancery or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery or such other court shall deem proper.

 13the Registrant is required to indemnify its directors and executive officers to the fullest extent permitted by the Delaware General Corporation Law, subject to limited exceptions;
 the Registrant may indemnify its other employees and agents as set forth in the Delaware General Corporation Law;
the Registrant is required to advance expenses, as incurred, to its directors and executive officers in connection with a legal proceeding to the fullest extent permitted by the Delaware General Corporation Law, subject to limited exceptions; and
the rights conferred in the restated bylaws are not exclusive.

 

Our Third AmendedThe Registrant has entered, and Restated Certificate of Incorporation provides for indemnification of our directors, officers, employees and other agentsintends to the maximum extent permitted by the DGCL, and our amended and restated bylawscontinue to be in effect upon the completion of this offering provide for indemnification of our directors, officers, employees and other agents to the maximum extent permitted by the DGCL.

In addition, we have enteredenter, into indemnification agreements with oureach of its directors and executive officers containing provisions which are in some respects broader thanto provide these directors and executive officers additional contractual assurances regarding the specificscope of the indemnification provisions containedset forth in the DGCL. The indemnification agreements require us, among other things, to indemnify our directors against certain liabilities that may arise by reasonRegistrant’s restated certificate of their status or service as directorsincorporation and restated bylaws and to advance their expenses incurred as a result of anyprovide additional procedural protections. At present, there is no pending litigation or proceeding against them as to which they could be indemnified.

These indemnification agreements are not intended to deny or otherwise limit third-party or derivative suits against us or our directors or officers, but to the extentinvolving a director or executive officer were entitled to indemnity or contribution underof the Registrant for which indemnification is sought. The indemnification provisions in the Registrant’s restated certificate of incorporation, restated bylaws and the indemnification agreements entered into or to be entered into between the financial burdenRegistrant and each of a third-party suit wouldits directors and executive officers may be borne by us,sufficiently broad to permit indemnification of the Registrant’s directors and we would not benefit from derivative recoveries against the director or officer. Such recoveries would accrue to our benefit but would be offset by our obligations to the director or officer under the indemnification agreements.

Insofar as indemnificationexecutive officers for liabilities arising under the Securities Act may be permitted to ourAct.

II-1

The Registrant currently carries liability insurance for its directors and officers persons pursuant to the foregoing, or otherwise, we have been advised that in the opinion of the Securities and Exchange 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 us of expenses incurred or paid by a director or officer in connection with the successful defense of any action, suit or proceeding) is asserted by such director or officer in connection with the securities being registered, we will, unless in the opinion of our counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question 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.officers.

 

14

ItemITEM 16.Exhibits.EXHIBITS

Exhibit   Incorporated by Reference Filed/
Furnished
Number  Description Form File No. Exhibit Filing Date Herewith
             
4.1 Form of Common Stock Certificate S-1 333-200033 4.1 12/16/2014  
4.2 Form of Warrant (August 2020) 8-K 001-38326 4.1 8/26/2020  
4.3 Form of Warrant (December 2020) 8-K 001-38326 4.1 12/22/2020  
5.1 Opinion of Fenwick & West LLP         X
10.1 Form of Subscription Agreement 8-K 001-38326 10.1 12/22/2020  
23.1 Consent of Marcum LLP         X
23.2 Consent of Fenwick & West LLP (included in the opinion filed as Exhibit 5.1 to this registration statement)         X
24.1 Power of Attorney (included on the signature page hereto)         X

ITEM 17.UNDERTAKINGS

 

See the Exhibit Index attached to this registration statement and incorporated herein by reference.

Item 17.Undertakings.

(a) The undersigned Registrantregistrant hereby undertakes:

 

(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

 

(i) toTo include any prospectus required by Section 10(a)(3) of the Securities Act;Act of 1933, as amended;

 

(ii) toTo reflect in the prospectus any facts or events arising after the effective date of thisthe registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in thisthe registration statement. Notwithstanding the foregoing, any increase or decrease in the volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20 percenta 20% change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective registration statement; and

 

(iii) toTo include any material information with respect to the plan of distribution not previously disclosed in thisthe registration statement or any material change to such information in thisthe registration statement;

statement.

provided,

Provided, however, that the undertakings set forth in paragraphs (a)(1)(i), (a)(1)(ii) and (a)(1)(iii) of this section do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the SECCommission by the Registrantregistrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in thisthe registration statement or is contained in a form of prospectus filed pursuant to Rule 424(b) that is a part of thisthe registration statement.

 

(2) That, for the purposespurpose of determining any liability under the Securities Act of 1933, as amended, 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 thethat 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.

 

II-2

(4) That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser:

 

(i) Each prospectus filed by the Registrant pursuant to Rule 424(b)(3) shall be deemed to be part of the registration statement as of the date the filed prospectus was deemed part of and included in the registration statement; and

 

(ii) Each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or (b)(7) as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii), or (x) for the purpose of providing the information required by Section 10(a) of the Securities Act of 1933 shall be deemed to be part of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule 430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement to which that prospectus relates, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such effective date, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective date.

 

15

(5) That, for(iii) If the purpose of determining liability of a Registrant under the Securities Actregistrant is subject to any purchaser in the initial distribution of the securities:

The undersigned Registrant undertakes that in a primary offering of securities of the undersigned Registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications the undersigned Registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:

(i) any preliminaryRule 430C, each prospectus or prospectus of the undersigned Registrant relating to the offering required to be filed pursuant to Rule 424;

(ii) any free writing prospectus relating to the offering prepared by or on behalf of the undersigned Registrant or used or referred to by the undersigned Registrant;

(iii) the portion of any other free writing prospectus relating to the offering containing material information about the undersigned Registrant or its securities provided by or on behalf of the undersigned Registrant; and

(iv) any other communication that is an offer in the offering made by the undersigned Registrant to the purchaser.

(6) The undersigned Registrant hereby undertakes that:

(i) For purposes of determining any liability under the Securities Act, the information omitted from the form of prospectus filed424(b) as part of thisa registration statement relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance upon ruleon Rule 430A, and contained in a form of prospectus filed by the Registrant pursuant to Rule 424(b)(1) or (4) or 497(h) under the Securities Act shall be deemed to be part of thisand included in the registration statement as of the date it is first used after effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time itof contract of sale prior to such first use, supersede or modify any statement that was declared effective.made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of first use.

 

(ii) For the purpose of determining any liability under the Securities Act, each post-effective amendment that contains a form of prospectus 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.

(b) The Registrantundersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the Registrant’sregistrant’s annual report pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan’s annual report pursuant to Section 15(d) of the Securities Exchange Act)Act of 1934) that is incorporated by reference in thisthe 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.

 

(c) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Registrantregistrant pursuant to the indemnificationforegoing provisions, described herein, or otherwise, the Registrantregistrant has been advised that in the opinion of the SECSecurities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act of 1933 and is therefore unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrantregistrant of expenses incurred or paid by a director, officer or controlling person of the Registrantregistrant 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, the Registrantregistrant 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 whether such indemnification by it is against public policy as expressed in the Securities Act of 1933 and will be governed by the final adjudication of such issue.

 

II-3

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SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant has duly caused this Registration Statement on Form S-3registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Menlo Park, State of California, on the 22nd day of November, 2017. January 22, 2021.

 

 COHBAR, INC.
   
 By:

/s/ Jeffrey Biunno

Steven Engle
  Jeffrey BiunnoSteven Engle
  Chief FinancialExecutive Officer

 

SIGNATURES AND POWER OF ATTORNEY

 

KNOW ALL PERSONS BY THESE PRESENTS that each of the undersigned officers and directors of CohBar, Inc. herebyEach person whose signature appears below constitutes and appoints Simon AllenSteven Engle and Jeffrey F. Biunno, or eitherand each of them individually, such person’sseverally, as his true and lawful attorneys-in-factattorney-in-fact and agents,agent, each acting alone with full power of substitution and re-substitution,resubstitution, for him and in such person’shis name, place and stead, in theany and all capacities, indicated below, to sign this Registration Statement on Form S-3 to be filed in connection with the offering of securities of CohBar, Inc., and any and all amendments (including post-effective amendments) thereto,to this registration statement, and any subsequent registration statement relating to any offering made pursuant to this registration statement, and to file or cause to be filed the same with all exhibits thereto, and the other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-factattorney-in-fact and agents, andagent, each of them,acting alone, 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 such personthey might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them,attorney-in-fact or his substitute or substitutes, each acting alone, may lawfully do or cause to be done by virtue hereof.thereof.

 

IN WITNESS WHEREOF, each of the undersigned has executed this Power of Attorney as of the date indicated. Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statementregistration statement has been signed below by the following persons in the capacities and onas of the dates indicated:indicated.

 

Signature Title Date
/s/ Simon Allen 

/s/ Steven EngleChief Executive Officer

and Director
 

NovemberJanuary 22, 2017

2021
Simon AllenSteven Engle (Principal Executive Officer)  
     
/s/ Jeffrey F. Biunno Chief Financial Officer, Treasurer and Secretary NovemberJanuary 22, 20172021
Jeffrey F. Biunno (Principal Financial Officer and Principal Accounting Officer)  
     
/s/ Jon L. SternAlbion J. Fitzgerald Chief Operating Officer and DirectorChairman of the Board of Directors NovemberJanuary 22, 20172021
Jon L. SternAlbion J. Fitzgerald    
     
/s/ Albion J. FitzgeraldJon L. Stern Chairman of the Board of DirectorsDirector NovemberJanuary 22, 20172021
Albion J. FitzgeraldJon L. Stern    
     
/s/ Nir Barzilai Director NovemberJanuary 22, 20172021
Nir Barzilai    
     
/s/ Pinchas Cohen Director NovemberJanuary 22, 20172021
Pinchas Cohen    
     
/s/ Marc E. GoldbergPhyllis Gardner Director NovemberJanuary 22, 20172021
Marc E. GoldbergPhyllis Gardner
/s/ David GreenwoodDirectorJanuary 22, 2021
David Greenwood
/s/ Misha PetkevichDirectorJanuary 22, 2021
Misha Petkevich    

 

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EXHIBIT INDEXII-4

Exhibit

Number

Description

1.1Form of Underwriting Agreement.*
3.1Third Amended and Restated Articles of Incorporation - Incorporated by reference to Exhibit 3.1 of our Current Report on Form 8-K, as filed with the Commission on January 8, 2015.
3.2Amended and Restated Bylaws - Incorporated by reference to Exhibit 3.2 of our Current Report on Form 8-K, as filed with the Commission on January 8, 2015.
4.1Form of Warrant Agreement, including form of Warrant.*
4.2Form of Unit Agreement.*
4.3Form of Pledge Agreement.*
5.1Opinion of Garvey Schubert Barer.**
23.1Consent of Marcum LLP.**
23.3Consent of Garvey Schubert Barer (included in legal opinion filed as Exhibit 5.1).**
24.1Powers of Attorney (included on signature page).**

 

*To be filed by amendment or as an exhibit to a report pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended, and incorporated herein by reference.
**Filed herewith.

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