Exhibit 5.1
Jodie M. Bourdet
T: +1 415 693 2054
jbourdet@cooley.com
February 11, 2015
Atara Biotherapeutics, Inc.
701 Gateway Blvd. Suite 200
South San Francisco, CA 94080
Ladies and Gentlemen:
You have requested our opinion with respect to certain matters in connection with the filing by Atara Biotherapeutics, Inc., a Delaware corporation (the Company), of a registration statement on Form S-1 (the Registration Statement) with the Securities and Exchange Commission pursuant to Rule 462(b) promulgated under the Securities Act of 1933, as amended, covering an underwritten public offering of up to 734,082 shares of the Companys common stock, par value $0.0001 per share (the Shares), to be sold by the Company. The Registration Statement incorporates by reference the registration statement on Form S-1 (No. 333-201728), which was declared effective on February 11, 2015 (the Prior Registration Statement), including the prospectus which forms a part of the Prior Registration Statement (the Prospectus). We are acting as counsel for the Company.
In connection with this opinion, we have examined and relied upon (a) the Registration Statement, the Prior Registration Statement and the Prospectus, (b) the Companys Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws, as currently in effect as of the date hereof and (c) the originals or copies certified to our satisfaction of such records, documents, certificates, memoranda and other instruments as in our judgment are necessary or appropriate to enable us to render the opinion expressed below.
We have assumed the genuineness and authenticity of all documents submitted to us as originals, and the conformity to originals of all documents submitted to us as copies and the due execution and delivery of all documents where due execution and delivery are a prerequisite to the effectiveness thereof (except we have not assumed the due execution and delivery by the Company of any such documents). As to certain factual matters, we have relied upon a certificate of an officer of the Company and have not sought independently to verify such matters.
Our opinion is expressed only with respect to the General Corporation Law of the State of Delaware. We express no opinion as to whether the laws of any particular jurisdiction are applicable to the subject matter hereof. We are not rendering any opinion as to compliance with any federal or state antifraud law, rule or regulation relating to securities, or to the sale or issuance thereof.
101 CALIFORNIA STREET 5TH FLOOR, SAN FRANCISCO CA 94111-5800 T: (415) 693-2000 F: (415) 639-2222 WWW.COOLEY.COM
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On the basis of the foregoing, and in reliance thereon, we are of the opinion that the Shares, when sold and issued against payment therefor in accordance with the Registration Statement and the Prospectus, will be validly issued, fully paid and non-assessable.
We consent to the filing of this opinion as an exhibit to the Registration Statement.
Sincerely,
COOLEY LLP
By: | /s/ Jodie M. Bourdet | |
Jodie M. Bourdet |
101 CALIFORNIA STREET 5TH FLOOR, SAN FRANCISCO CA 94111-5800 T: (415) 693-2000 F: (415) 639-2222 WWW.COOLEY.COM