Attached files

file filename
S-1/A - AMENDMENT NO. 1 TO REGISTRATION STATEMENT - Tempus Applied Solutions Holdings, Inc.fs12015a1_tempusapplied.htm
EX-23.1 - CONSENT OF ELLIOT DAVIS DECOSIMO, LLC - Tempus Applied Solutions Holdings, Inc.fs12015a1ex23i_tempus.htm
EX-23.2 - CONSENT OF ROTHSTEIN KASS - Tempus Applied Solutions Holdings, Inc.fs12015a1ex23ii_tempus.htm
EX-23.3 - CONSENT OF KPMG LLP - Tempus Applied Solutions Holdings, Inc.fs12015a1ex23iii_tempus.htm

Exhibit 5.1

 

ELLENOFF GROSSMAN & SCHOLE LLP

1345 AVENUE OF THE AMERICAS

NEW YORK, NEW YORK 10105

TELEPHONE: (212) 370-1300 

FACSIMILE: (212) 370-7889

www.egsllp.com

 

October 20, 2015

 

VIA EDGAR

 

Tempus Applied Solutions Holdings, Inc.

133 Waller Mill Road

Williamsburg, Virginia, 23185

 

  Re: Registration Statement on Form S-1

 

Ladies and Gentlemen:

 

We are familiar with the Registration Statement on Form S-1 (the “Registration Statement”) to which this opinion is an exhibit, which Registration Statement is being filed by Tempus Applied Solutions Holdings, Inc., a Delaware corporation (the “Company”), with the Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended (the “Securities Act”). The Registration Statement relates to the public offering by certain selling stockholders of the Company named in the Registration Statement (the “Selling Stockholders”) of a total of (a) 1,255,265 shares (the “Common Shares”) of the Company’s issued and outstanding common stock, par value $0.001 per share (“Common Stock”), (b) 1,968,750 shares of Common Stock issuable upon exercise of Series A-1 Warrants by the Selling Stockholders (the “Series A Warrant Shares”), (c) 3,208,336 shares of Common Stock issuable upon exercise of Series B-1 Warrants by the Selling Stockholders (the “Series B Warrant Shares” and together with the Series A Warrant Shares, the “Warrant Shares”) and (d) 1,369,735 shares of Common Stock issuable upon conversion of the Series A Convertible Preferred Stock, par value $0.001 per share (“Preferred Stock”), held by the Selling Stockholders (the “Preferred Shares”), for their respective accounts.

 

We have examined and relied on the originals or copies, certified or otherwise identified to our satisfaction, of all such corporate records of the Company and such other instruments and other certificates of public officials, officers and representatives of the Company and such other persons, and we have made such investigations of law, as we have deemed appropriate as a basis for the opinion expressed below. In such examination, we have assumed, without independent verification, the genuineness of all signatures (whether original or photocopied), the authenticity of all documents submitted to us as originals and the conformity to authentic original documents of all documents submitted to us as certified copies or photocopied.

 

Based on the foregoing and in reliance thereon, we are of the opinion that the Common Shares are, and the Warrant Shares and the Preferred Shares, when issued and paid for in accordance with the terms and conditions of the warrants and the Preferred Stock, respectively, will be validly issued, fully paid and non-assessable.

 

We hereby consent to the filing of this opinion as Exhibit 5.1 to the Registration Statement and to the reference to our firm under “Legal Matters” in the related prospectus.  In giving the foregoing consent, we do not hereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the SEC.

 

  Very truly yours,
   
  /s/ ELLENOFF GROSSMAN & SCHOLE LLP
   
  ELLENOFF GROSSMAN & SCHOLE LLP