Exhibit 5.1
| | | | |
| | 200 Clarendon Street |
| | Boston, Massachusetts 02116 |
| | Tel: +1.617.948.6000 Fax: +1.617.948.6001 |
| | www.lw.com |
| FIRM / AFFILIATE OFFICES |
| | Austin | | Milan |
| | Beijing | | Munich |
| | Boston | | New York |
| | Brussels | | Orange County |
| | Century City | | Paris |
December 20, 2023 | | Chicago | | Riyadh |
| | Dubai | | San Diego |
| | Düsseldorf | | San Francisco |
| | Frankfurt | | Seoul |
| | Hamburg | | Silicon Valley |
| | Hong Kong | | Singapore |
| | Houston | | Tel Aviv |
| | London | | Tokyo |
bluebird bio, Inc. | | Los Angeles | | Washington, D.C. |
455 Grand Union Boulevard | | Madrid | | |
Somerville, MA 02145
Re: | Registration Statement on Form S-3 (Registration No. 333-271772); 95,833,332 shares of Common Stock, par value $0.01 per share |
To the addressee set forth above:
We have acted as special counsel to bluebird bio, Inc., a Delaware corporation (the “Company”), in connection with the proposed issuance of up to 95,833,332 shares (the “Shares”) of common stock of the Company, $0.01 par value per share (the “Common Stock”), including up to 12,499,999 shares of Common Stock issuable upon exercise of the underwriters’ option to purchase additional shares. The Shares are included in a registration statement on Form S-3 under the Securities Act of 1933, as amended (the “Act”), filed with the Securities and Exchange Commission (the “Commission”) on May 9, 2023 (Registration No. 333-271772) (as so filed, the “Registration Statement”), a base prospectus dated May 19, 2023 (the “Base Prospectus”) and a prospectus supplement dated December 19, 2023 filed with the Commission pursuant to Rule 424(b) under the Act (together with the Base Prospectus, the “Prospectus”). The Shares are being sold pursuant to an underwriting agreement dated December 19, 2023 by and among Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters, and the Company (the “Underwriting Agreement”). This opinion is being furnished in connection with the requirements of Item 601(b)(5) of Regulation S-K under the Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or the Prospectus, other than as expressly stated herein with respect to the issue 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 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 as to the General Corporation Law of the State of Delaware (the “DGCL”), and we express no opinion with respect to any other laws.