Form: S-1MEF

Registration adding securities to prior Form S-1 registration [Rule 462(b)]

November 4, 2021

 

Exhibit 5.1

 

Certilman Balin Adler & Hyman LLP

90 Merrick Avenue, 9th floor

East Meadow, NY 11554

 

November 4, 2021

 

BioRestorative Therapies, Inc.

40 Marcus Drive

Melville, New York 11747

 

  Re: Registration Statement on Form S-1

 

Gentlemen:

 

In our capacity as counsel to BioRestorative Therapies, Inc., a Delaware corporation (the “Company”), we have been asked to render this opinion in connection with the filing by the Company with the Securities and Exchange Commission (the “Commission”) of a Registration Statement on Form S-1 (the “462(b) Registration Statement”) for the purpose of registering with the Commission pursuant to Rule 462(b) under the Securities Act of 1933, as amended (the “Act”), (i) shares (the “Shares”) of Common Stock, par value $0.0001 per share, of the Company (the “Common Stock”), and warrants to purchase shares of Common Stock (the “Warrants”). The shares of Common Stock underlying the Warrants are collectively referred to herein as the “Warrant Shares”. The 462(b) Registration Statement relates to the Company’s registration statement on Form S-1 (File No.: 333-258611) which was initially filed with the Commission on August 6, 2021 and was declared effective on November 4, 2021 (the “Registration Statement”).

 

In connection with this opinion, we have examined originals or copies (certified or otherwise identified to our satisfaction) of the Certificate of Incorporation and the By-Laws of the Company, each as amended to date, minutes of meetings and unanimous written consents of the Board of Directors of the Company and committees thereof and the 462(b) Registration Statement. We have also examined such other instruments and documents as we deemed relevant under the circumstances.

 

For purposes of the opinions expressed below, we have assumed (i) the authenticity of all documents submitted to us as original, (ii) the conformity to the originals of all documents submitted as certified, photostatic or facsimile copies and the authenticity of the originals, (iii) the legal capacity of natural persons, (iv) the due authorization, execution and delivery of all documents by all parties and the validity and binding effect thereof and (v) the conformity to the proceedings of the Board of Directors and committees thereof of all minutes of such proceedings. We have also assumed that the corporate records furnished to us by the Company include all corporate proceedings taken by the Company to date.

 

 
 

 

Based upon and subject to the foregoing, we are of the opinion that (i) the Shares have been duly authorized and, when issued and delivered by the Company against payment therefor as described in the Registration Statement, will be validly issued, fully paid and nonassessable; (ii) the Warrants have been duly authorized and, when issued and delivered by the Company against payment therefor as described in the Registration Statement, will be valid and binding obligations of the Company; and (iii) the Warrant Shares have been duly authorized and, when issued and delivered by the Company against payment therefor in accordance with the terms of the Warrants, will be validly issued, fully paid and nonassessable.

 

We hereby consent to the use of our opinion as herein set forth as an exhibit to the 462(b) Registration Statement. In giving such consent, we do not hereby admit that we are in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder.

 

This opinion is as of the date hereof, and we do not undertake, and hereby disclaim, any obligation to advise you of any changes in any of the matters set forth herein.

 

We are rendering this opinion only as to the matters expressly set forth herein, and no opinion should be inferred as to any other matters.

 

This opinion is for your exclusive use only and is to be utilized and relied upon only in connection with the matters expressly set forth herein.

 

  Very truly yours,
   
  CERTILMAN BALIN ADLER & HYMAN, LLP
     
  By: /s/
    Fred Skolnik, a Member of the Firm