EX-5.1 4 f15201a4exv5w1.htm EXHIBIT 5.1 exv5w1
 

Exhibit 5.1
     
(LETTER HEAD)
  (LETTER HEAD)
February 1, 2006
Cardica, Inc.
900 Saginaw Drive
Redwood City, California 94063
Ladies and Gentlemen:
You have requested our opinion with respect to certain matters in connection with the filing by Cardica, Inc., a Delaware corporation (the “Company”), of a Registration Statement on Form S-1 (the “Registration Statement”) with the Securities and Exchange Commission covering an underwritten public offering of up to 4,025,000 shares of common stock, par value $0.001, including 525,000 shares of common stock for which the underwriters have been granted an over-allotment option (the “Shares”).
In connection with this opinion, we have examined and relied upon (a) the Registration Statement and related prospectus, (b) the Company’s Amended and Restated Certificate of Incorporation and Bylaws, as currently in effect, (c) the Company’s Amended and Restated Certificate of Incorporation, filed as Exhibit 3.2 to the Registration Statement and the Company’s Amended and Restated Bylaws, filed as Exhibit 3.4 to the Registration Statement, each of which shall be in effect upon the closing of the offering contemplated by the Registration Statement, and (d) the originals or copies certified to our satisfaction of such records, documents, certificates, memoranda and other instruments as in our judgment are necessary or appropriate to enable us to render the opinion expressed below. As to certain factual matters, we have relied upon a certificate of officers of the Company and have not sought to independently verify such matters. Our opinion is expressed only with respect to the general corporation laws of the State of Delaware.
On the basis of the foregoing, and in reliance thereon, we are of the opinion that the Shares, when sold and issued in accordance with the Registration Statement and related prospectus, will be validly issued, fully paid and non-assessable.
We consent to the reference to our firm under the caption “Legal Matters” in the prospectus included in the Registration Statement and to the filing of this opinion as an exhibit to the Registration Statement.
Sincerely,
Cooley Godward llp
By:  /s/ Nancy H. Wojtas  
          Nancy H. Wojtas