EX-5 2 ex5.htm OPINION OF THELEN REID & PRIEST LLP Opinion of Thelen Reid & Priest LLP
 
EXHIBIT 5
 
 
 
 
 
 
 
 
 
Thelen Reid & Priest LLP
Attorneys At Law

New York, NY 10022-6225
 
Tel. 212.603.2000
Fax 212.603.2001
 
www.thelenreid.com
 
March 21, 2006
 
Caprius, Inc.
One University Plaza
Hackensack, NJ 07601

Ladies and Gentlemen:
 
We have acted as counsel to Caprius, Inc., a Delaware corporation (the “Company”), in connection with the preparation of an Amendment No. 1 to a Registration Statement on Form SB-2 (the “Registration Statement”) relating to the registration of (A) 2,770,031 shares of the Company’s Common Stock, $0.01 par value per share (the “Common Stock”), which have been issued in various private placements (the “Private Placements”), and (B) 808,396 shares of Common Stock issuable upon exercise of warrants (the “Warrants”) and options (the “Options”).
 
This opinion is being rendered in connection with the filing by the Company of the Registration Statement.
 
For purposes of this opinion, we have examined originals or copies, certified or otherwise identified to our satisfaction, of (i) the Registration Statement; (ii) the Certificate of Incorporation and By-Laws of the Company, as in effect on the date hereof; (iii) the warrant agreements relating to the Warrants; (iv) agreements and documents relating to the Private Placements; (v) the resolutions adopted by the Board of Directors of the Company relating to each of the foregoing and (vi) such other documents, certificates or other records as we have deemed necessary or appropriate.
 
Based upon the foregoing, and subject to the qualifications hereinafter expressed, we are of the opinion that:
 
(1)
The Company is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware.
 
(2)
The shares of Common Stock included in the Registration Statement which are presently issued and outstanding were duly authorized, validly issued, and are fully paid and non-assessable.
 
(3)
The shares of Common Stock included in the Registration Statement to be issued upon the exercise of the Warrants will be duly authorized and validly issued, and fully paid and non-assessable when such Warrants are duly exercised and the exercise price is paid for the shares of Common Stock underlying such Warrants in accordance with the terms of the respective warrant agreements.
 
We hereby consent to the reference to this firm under the caption “Legal Matters” in the Prospectus included in the Registration Statement and to the filing of this opinion with the Securities and Exchange Commission as Exhibit 5 to the Registration Statement.
 
Very truly yours,
 
/s/ Thelen Reid & Priest LLP
 
THELEN REID & PRIEST LLP