附錄 5.1
| Infobird Co., Ltd | D | +852 3656 6054 +852 3656 6061 |
| E | nathan.powell@ogier.com florence.chan@ogier.com | |
| 參考：FYC/ACG/505782.00001 |
2023 年 8 月 4 日
Infobird Co., Ltd （該公司）
我們 擔任公司的開曼羣島法律顧問，處理公司2023年8月4日對公司2023年2月1日招股説明書 的招股説明書補充文件（招股説明書補充文件），該補充文件包含在公司根據19年《美國證券法》向美國證券交易委員會（委員會）提交的F-3表格（文件編號333-268993）的註冊聲明中 33，經修訂（ 法案）。除其他外，招股説明書補充文件涉及公司根據2023年8月3日公司與投資者簽訂的證券購買協議 簽訂的證券購買協議，以每股0.34美元的收購價格向公司的某些 投資者（投資者）發行和發行44,117,648股公司每股面值0.025美元的普通股（普通股））如招股説明書補充文件中所述。
除非出現相反的意圖，否則 本意見中使用的所有大寫術語均具有證券 購買協議中規定的相應含義。提及附表是指本意見的附表，此處的標題為 僅為方便起見，不影響本意見的構造。
| 1 | 已檢查的文檔 |
為了 發表本意見的目的，我們檢查了以下文件的原件、副本或草稿：
| (a) | 公司 的 註冊商 （ ）於 開曼 羣島 的 公司 （ 註冊商 簽發的 的 公司 的 註冊商 的 |
| (b) | 第四次 修正的 和 重述了 公司 於 2023 年 5 月 12 日 向 註冊商 提交 的 協會的 備忘錄 和 條款（ 備忘錄 和 條款）； |
| (c) | 2023 年 8 月 2 日 的 良好 standing 的 證書 （ Good Standing 證書） 由 的 公司 頒發的 |
| (d) | 2023 年 4 月 26 日的 董事 和 公司 的 高管 的 登記為 （ 董事的 登記冊 ）； |
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奧吉爾 英屬維爾京羣島、開曼羣島、 根西島、澤西島和盧森堡的從業者
中央大廈 11 樓 皇后大道中 28 號 中央 香港
T +852 3656 6000 F +852 3656 6001 ogier.com |
合作伙伴 尼古拉斯·普洛曼 內森鮑威爾 安東尼奧克斯 奧利弗·佩恩 凱特·霍德森 大衞尼爾森 邁克爾·斯內普 賈斯汀戴維 |
弗洛倫斯·陳 林寒 塞西莉亞李 黃瑞秋 理查德·貝內特 詹姆斯·伯格斯特羅姆 馬庫斯·里斯 |
| (e) | 公司於 2023 年 8 月 3 日 向 我們 提供 的 的 成員 的 名單 的 名單 的 股本 在 2023 年 7 月 作為 93,205,891 股普通 股票 （ 上市 註冊 的 成員， 和 一起註冊 董事的 註冊表）； |
| (f) | 限於 到 這個 事情 在 裏明確提出 ； 和[4] August 2023 as to certain matters of fact signed by a director of the Company (the Director’s Certificate); |
| (g) | the written resolutions of all of the directors of the Company dated 2 August 2023 (the Board Resolutions); |
| (h) | the Securities Purchase Agreement; and |
| (i) | the Prospectus Supplement. |
| 2 | Assumptions |
In giving this opinion we have relied upon the assumptions set forth in this paragraph 2 without having carried out any independent investigation or verification in respect of those assumptions:
| (a) | all original documents examined by us are authentic and complete; |
| (b) | all copy documents examined by us (whether in facsimile, electronic or other form) conform to the originals and those originals are authentic and complete; |
| (c) | all signatures, seals, dates, stamps and markings (whether on original or copy documents) are genuine; |
| (d) | each of the Good Standing Certificate, the Registers and the Director’s Certificate is accurate and complete as at the date of this opinion; |
| (e) | all copies of the Prospectus Supplement are true and correct copies and the Prospectus Supplement conform in every material respect to the latest drafts of the same produced to us and, where the Prospectus Supplement has been provided to us in successive drafts marked-up to indicate changes to such documents, all such changes have been so indicated; |
| (f) | the resolutions passed in the Board Resolutions remains in full force and effect and will note be rescind or amended, and each of the directors of the Company has acted in good faith with a view to the best interests of the Company and has exercised the standard of care, diligence and skill that is required of him or her in approving the transaction and no director has a financial interest in or other relationship to a party of the transactions contemplated by the Securities Purchase Agreement which has not been properly disclosed in the Board Resolutions; |
| (g) | neither the directors and shareholders of the Company have taken any steps to appoint a liquidator of the Company and no receiver has been appointed over any of the Company’s property or assets; |
| (h) | upon issue of the Offer Shares, the Company will receive consideration for the full issue price thereof which shall be equal to at least the par value thereof; |
| (i) | the Company is, and after issue of the Offer Shares will be, able to pay its liabilities as they fall due; and |
| (j) | there is no provision of the law of any jurisdiction, other than the Cayman Islands, which would have any implication in relation to the opinions expressed herein. |
| 3 | Opinions |
On the basis of the examinations and assumptions referred to above and subject to the qualifications and the limitations set forth below, we are of the opinion that:
Corporate status
| (a) | The Company has been duly incorporated as an exempted company and is validly existing and in good standing with the Registrar. |
Authorised Share Capital
| (b) | The authorised share capital of the Company is US$25,000,000 divided into 1,000,000,000 ordinary shares of US$0.025 par value each. |
Valid Issuance of Offer Shares
| (c) | The execution, delivery and performance of the Securities Purchase Agreement by the Company, including the issue of the Offer Shares, have been authorised by and on behalf of the Company and, upon due execution and unconditional delivery of the Securities Purchase Agreement by any director or authorised person for and on behalf of the Company, the Securities Purchase Agreement will have been duly executed and delivered on behalf of the Company and will constitute the legal, valid and binding obligations of the Company enforceable in accordance with the terms thereon. |
| (d) | The Offer Shares being proposed for issue and offering to the Investors pursuant to the Securities Purchase Agreement have been duly authorised, and when allotted and issued against payment in full of the consideration therefor in accordance with the terms of the Securities Purchase Agreement, the Board Resolutions and the Memorandum and Articles, will be validly issued, fully paid and non-assessable. |
| (e) | The statements under the caption “Taxation” in the Prospectus Supplement, to the extent that they constitute statements of Cayman Islands law, are accurate in all material respects and that such statements constitute our opinion. |
| 4 | Limitations and Qualifications |
| 4.1 | We offer no opinion: |
| (a) | as to any laws other than the laws of the Cayman Islands, and we have not, for the purposes of this opinion, made any investigation of the laws of any other jurisdiction, and we express no opinion as to the meaning, validity, or effect of references in the Securities Purchase Agreement to statutes, rules, regulations, codes or judicial authority of any jurisdiction other than the Cayman Islands; |
| (b) | except to the extent that this opinion expressly provides otherwise, as to the commercial terms of, or the validity, enforceability or effect of the Prospectus Supplement, the accuracy of representations, the fulfilment of warranties or conditions, the occurrence of events of default or terminating events or the existence of any conflicts or inconsistencies among the Prospectus Supplement and any other agreements into which the Company may have entered or any other documents; or |
| (c) | as to whether the acceptance, execution or performance of the Company’s obligations under the Securities Purchase Agreement will result in the breach of or infringe any other agreement, deed or document (other than the Memorandum and Articles) entered into by or binding on the Company |
| 4.2 | Under the Companies Act (Revised) (Companies Act) of the Cayman Islands, annual returns in respect of the Company must be filed with the Registrar, together with payment of annual filing fees. A failure to file annual returns and pay annual filing fees may result in the Company being struck off the Register of Companies, following which its assets will vest in the Financial Secretary of the Cayman Islands and will be subject to disposition or retention for the benefit of the public of the Cayman Islands. |
| 4.3 | In good standing means only that as of the date of this opinion the Company is up-to-date with the filing of its annual returns and payment of annual fees with the Registrar. We have made no enquiries into the Company’s good standing with respect to any filings or payment of fees, or both, that it may be required to make under the laws of the Cayman Islands other than the Companies Act. |
| 5 | Governing law of this opinion |
| 5.1 | This opinion is: |
| (a) | governed by, and shall be construed in accordance with, the laws of the Cayman Islands; |
| (b) | limited to the matters expressly stated in it; and |
| (c) | confined to, and given on the basis of, the laws and practice in the Cayman Islands at the date of this opinion. |
| 5.2 | Unless otherwise indicated, a reference to any specific Cayman Islands legislation is a reference to that legislation as amended to, and as in force at, the date of this opinion. |
| 6 | Reliance |
We hereby consent to the filing of this opinion as an exhibit to Form 6-K disclosing the Securities Purchase Agreement which is incorporated into the Prospectus Supplement and to the reference to our firm under the headings “Legal Matters” of the Prospectus Supplement. In giving such consent, we do not believe that we are “experts” within the meaning of such term used in the Act or the rules and regulations of the Commission issued thereunder with respect to any part of the Prospectus Supplement, including this opinion as an exhibit or otherwise.
This opinion may be used only in connection with the issue and offering of the Offer Shares while the Prospectus Supplement is effective.
Yours faithfully
/s/ Ogier
Ogier