EX-5.1 2 ea127309ex5-1_ittechpack.htm OPINION OF LOEB & LOEB LLP

Exhibit 5.1

 

 

Loeb&Loeb LLP

 

345 Park Avenue
New York, NY 10154

Main  212.407.4000
Fax     212.407.4990

 

September 25, 2020

 

IT Tech Packaging, Inc.

Science Park, Juli Rd, Xushui District

Baoding City, Hebei Province

The People’s Republic of China 072550

 

Ladies and Gentlemen:

 

We have acted as counsel to IT Tech Packaging, Inc., a Nevada corporation (the “Company”), in connection with the Registration Statement on Form S-3 (File No. 333-248505) (the “Registration Statement”) filed by the Company with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Act”), for the registration for resale by the selling stockholders listed therein of up to 4,400,000 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share, issuable upon the exercise of warrants (the “Warrants”).

 

We have examined originals or copies, certified or otherwise identified to our satisfaction, of such corporate records of the Company and other certificates and documents of officials of the Company, public officials and others as we have deemed appropriate for purposes of this letter. We have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals, and the conformity to authentic original documents of all copies submitted to us as conformed and certified or reproduced copies.

 

Based on the foregoing, we are of the opinion that the Shares, when issued, delivered and paid for in accordance with the terms of the Warrants, upon due exercise thereof, will be validly issued, fully paid and non-assessable.

 

Our opinion is limited to the applicable statutory provisions of the Nevada Private Corporations Chapter of the Nevada Revised Statutes, Nev. Rev. Stat. 78, including interpretations thereof in published decisions of the Nevada courts, and applicable provisions of the Nevada Constitution. We express no opinion with respect to any other laws.

 

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A limited liability partnership including professional corporations

 

 

 

 

IT Tech Packaging, Inc.

September 25, 2020

Page 2

 

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the reference made to us under the caption “Legal Matters” in the prospectus constituting part of the Registration Statement. In giving this consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Act, the rules and regulations of the Securities and Exchange Commission promulgated thereunder or Item 509 of Regulation S-K promulgated under the Act.

 

  Very truly yours,
   
  /s/ Loeb & Loeb LLP
   
  Loeb & Loeb LLP