Exhibit 5.1
Jodie Bourdet
T: +1
415 693 2054
jbourdet@cooley.com
February 28, 2025
Vera Therapeutics, Inc.
2000 Sierra Point Parkway, Suite
1200
Brisbane, California 94005
Ladies and Gentlemen:
We have acted as counsel to Vera Therapeutics, Inc., a Delaware corporation (the Company), in connection with the filing by the
Company of a Registration Statement on Form S-8 (the Registration Statement) with the Securities and Exchange Commission (the Commission) covering
the offering of up to 5,958,494 shares (the Shares) of the Companys Class A Common Stock, par value $0.001 per share (the Class A Common Stock),
consisting of (i) 3,177,992 shares of Class A Common Stock issuable pursuant to the Companys 2021 Equity Incentive Plan (the 2021 Plan), (ii) 440,502 shares of Class A Common Stock issuable pursuant to the
Companys 2021 Employee Stock Purchase Plan (the ESPP) and (iii) 2,340,000 shares of Class A Common Stock issuable pursuant to the Companys 2024 Inducement Plan, as amended (together with the 2021 Plan and
ESPP, the Plans).
In connection with this opinion, we have examined and relied upon (a) the Registration Statement and the
related prospectuses, (b) the Companys certificate of incorporation and bylaws, each as currently in effect, (c) the Plans and (d) such other records, documents, opinions, certificates, memoranda and instruments as in our
judgment are necessary or appropriate to enable us to render the opinion expressed below. We have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to originals of all documents
submitted to us as copies, the accuracy, completeness and authenticity of certificates of public officials, and the due authorization, execution and delivery of all documents by all persons other than the Company where authorization, execution and
delivery are prerequisites to the effectiveness thereof. As to certain factual matters, we have relied upon a certificate of an officer of the Company and have not independently verified such matters.
Our opinion is expressed only with respect to the General Corporation Law of the State of Delaware. We express no opinion to the extent that any other laws
are applicable to the subject matter hereof and express no opinion and provide no assurance as to compliance with any federal or state securities law, rule or regulation.
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 Plans, the
Registration Statement and the related prospectuses, will be validly issued, fully paid and nonassessable (except as to shares issued pursuant to deferred payment arrangements, which will be fully paid and nonassessable when such deferred payments
are made in full).
This opinion is limited to the matters expressly set forth in this letter, and no opinion should be implied, or may be inferred,
beyond the matters expressly stated. This opinion speaks only as to law and facts in effect or existing as of the date hereof and we have no obligation or responsibility to update or supplement this opinion to reflect any facts or circumstances that
may hereafter come to our attention or any changes in law that may hereafter occur.
Cooley LLP 3 Embarcadero Center, 20th Floor San Francisco, CA 94111
t: (415) 693-2000
f: (415) 693-2222 cooley.com