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EXHIBIT 5.1
September 17, 2021
Energous Corporation
3590 North First Street, Suite 210
San Jose, CA 95134
Ladies and Gentlemen:
At your request, as your counsel, we have examined the Registration Statement on Form S-8 (the “Registration Statement”) to be filed by Energous Corporation, a Delaware corporation (the “Company”) with the Securities and Exchange Commission (the “Commission”) on or about September 17, 2021 in connection with the registration under the Securities Act of 1933, as amended (the “Securities Act”), of 1,500,000 shares of the Company’s Common Stock, $0.00001 par value per share (“Common Stock”), subject to issuance by the Company upon exercise or settlement of awards to be granted under the 2013 Equity Incentive Plan (the “2013 Plan”), 700,000 shares of the Company’s Common Stock subject to issuance by the Company upon exercise or settlement of awards to be granted under the Employee Stock Purchase Plan (the “ESPP”) and 1,700,000 shares of the Company’s Common Stock the Performance Share Unit Plan (the “PSU Plan”) (collectively the shares subject to issuance by the Company upon exercise or settlement of awards to be granted under the 2013 Plan, the ESPP and the PSU Plan, the “Shares”).
At your request we are providing this letter to express our opinion on the matters set forth below in this letter (“our opinion”).
In connection with our opinion, we have examined such matters of fact as we have deemed necessary, which included examination of originals or copies of: the Company’s current Second Amended and Restated Certificate of Incorporation and its amendments and Amended and Restated Bylaws (collectively, the “Charter Documents”), the 2013 Plan, the ESPP, the PSU Plan, the Registration Statement and the exhibits thereto; certain corporate proceedings of the Company’s Board of Directors (the “Board”) and the Company’s stockholders relating to adoption or approval of the Company Charter Documents, the reservation of the Shares for sale and issuance, the filing of the Registration Statement and the registration of the Shares under the Securities Act; documents (including a certificate from the Company’s transfer agent) regarding the Company’s outstanding and reserved capital stock and other securities and such other documents as we have deemed advisable, and we also have examined such questions of law as we have considered necessary.
In our examination of documents for purposes of this opinion, we have assumed, and express no opinion as to, the authenticity and completeness of all documents submitted to us as originals, the genuineness of signatures on documents reviewed by us, the conformity to originals and the completeness of all documents submitted to us as copies, the legal capacity of all parties executing any documents (other than the Company), the lack of any undisclosed termination or modification or waiver of any document, the absence of any extrinsic agreements or documents that might change or affect the interpretation or terms of documents, and the due authorization, execution and delivery of all documents by each party thereto other than the Company. We have also assumed that any certificates or instruments