Exhibit 5.1
![LOGO](https://capedge.com/proxy/8-K/0001193125-23-140832/g481853g0510113633905.jpg)
May 10, 2023
+1 617 526 6000 (t)
+1 617 526 5000 (f)
Beam Therapeutics Inc.
238 Main Street
Cambridge, MA 02142
Re: | Prospectus Supplement to Registration Statement on |
Form S-3ASR
Ladies and Gentlemen:
This opinion is being furnished to you in connection with (i) the Registration Statement on Form S-3ASR (File No. 333-254946) (the “Registration Statement”) filed by Beam Therapeutics Inc., a Delaware corporation (the “Company”), with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “Securities Act”), for the registration of, among other things, an indeterminate number of shares of Common Stock, $0.01 par value per share, of the Company, which may be issued from time to time on a delayed or continuous basis pursuant to Rule 415 under the Securities Act, as set forth in the Registration Statement and the prospectus contained therein (the “Base Prospectus”) and (ii) the prospectus supplement, dated May 10, 2023 (the “Prospectus Supplement” and, together with the Base Prospectus, the “Prospectus”) relating to the issuance and sale from time to time by the Company of shares of Common Stock with an aggregate offering price of up to $300,000,000 (the “Shares”).
The Shares are to be issued and sold by the Company pursuant to a Sales Agreement, dated April 1, 2021, as amended by Amendment No. 1 to Sales Agreement, dated as of July 7, 2021, and Amendment No. 2 to Sales Agreement, dated as of May 10, 2023 (as amended, the “Sales Agreement”), between the Company and Jefferies LLC. We are acting as counsel for the Company in connection with the issue and sale by the Company of the Shares. We have examined copies of the Registration Statement and the Prospectus as filed with the Commission. We have also examined and relied upon the Sales Agreement, minutes of meetings of the stockholders and the Board of Directors of the Company, including committees thereof as provided to us by the Company, stock record books of the Company as provided to us by the Company, the Certificate of Incorporation and By-laws of the Company, each as restated and/or amended to date, and such other documents as we have deemed necessary for purposes of rendering the opinions hereinafter set forth.
In our examination of the foregoing documents, we have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as copies, the authenticity of the originals of such latter documents and the legal competence of all signatories to such documents. Further, we have assumed that the Company will not issue and sell pursuant to the Sales Agreement such number of Shares that would cause the Company not to satisfy the eligibility requirements for Form S-3ASR (including Instruction I.B.6. thereof).
![LOGO](https://capedge.com/proxy/8-K/0001193125-23-140832/g481853g0510114437943.jpg)