Exhibit 5.1

 

    200 Clarendon Street
    Boston, Massachusetts 02116
    Tel: +1.617.948.6000 Fax: +1.617.948.6001
    www.lw.com   
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    Beijing    Munich
    Boston    New York
    Brussels    Orange County

May 23, 2022

    Century City    Paris
    Chicago    Riyadh
    Dubai    San Diego
    Düsseldorf    San Francisco
    Frankfurt    Seoul
    Hamburg    Shanghai
    Hong Kong    Silicon Valley
    Houston    Singapore

ContraFect Corporation

28 Wells Avenue, Third Floor

Yonkers, New York 10701

    London    Tel Aviv
    Los Angeles    Tokyo
    Madrid    Washington, D.C.
    Milan   

 

  Re:

Registration Statement on Form S-8; 1,573,309 shares of Common Stock, par value $0.0001 per share, of ContraFect Corporation

To the addressee set forth above:

We have acted as special counsel to ContraFect Corporation, a Delaware corporation (the “Company”), in connection with the preparation and filing by the Company with the Securities and Exchange Commission of a registration statement on Form S–8 (the “Registration Statement”) under the Securities Act of 1933, as amended (the “Securities Act”), relating to the issuance of up to 1,573,309 shares of the Company’s common stock, par value $0.0001 per share (the “Shares”), which may be issued pursuant to the ContraFect Corporation 2014 Omnibus Incentive Plan (the “Plan”). This opinion is being furnished in connection with the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or the prospectus forming a part thereof, other than as expressly stated herein with respect to the issuance of the Shares.

As such counsel, we have examined such matters of fact and questions of law as we have considered appropriate for purposes of this letter. With your consent, we have relied upon the foregoing and upon certificates and other assurances of officers of the Company and others as to factual matters without having independently verified such factual matters. We are opining herein only as to the General Corporation Law of the State of Delaware, as amended (the “DCGL”), and we express no opinion with respect to any other laws.

Subject to the foregoing and the other matters set forth herein, it is our opinion that, as of the date hereof, when the Shares shall have been duly registered on the books of the transfer agent and registrar therefor in the name or on behalf of the recipients thereof, and have been issued by the Company for legal consideration in excess of par value in the circumstances contemplated by the Plan, assuming in each case that the individual grants or awards under the Plan are duly authorized by all necessary corporate action and duly granted or awarded and exercised in accordance with the requirements of law and the Plan (and the agreements and awards duly adopted thereunder and in accordance therewith), the issue and sale of the Shares will have been duly authorized by all necessary corporate action of the Company, and the Shares will be validly issued, fully paid and nonassessable. In rendering the foregoing opinion, we have assumed that the Company will comply with all applicable notice requirements regarding uncertificated shares provided in the DGCL.


May 23, 2022

Page 2

 

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This opinion is for your benefit in connection with the Registration Statement and may be relied upon by you and by persons entitled to rely upon it pursuant to the applicable provisions of the Securities Act. We consent to your filing this opinion as an exhibit to the Registration Statement. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Securities and Exchange Commission thereunder.

Sincerely,

/s/ Latham & Watkins LLP