Attached files
file | filename |
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8-K - ARI NETWORK SERVICES INC /WI | ari8k.htm |
EX-1.1 - PURCHASE AGREEMENT, DATED MAY 7, 2015 - ARI NETWORK SERVICES INC /WI | exhibit1-1.htm |
Exhibit 5.1
780 NORTH WATER STREET MILWAUKEE, WISCONSIN 53202-3590 Tel 414-273-3500 Fax 414-273-5198 www.GKLAW.COM |
May 7, 2015
ARI Network Services, Inc.
10850 West Park Place
Suite 1200
Milwaukee, Wisconsin 53224
Re: Registration Statement on Form S-3 (File No. 333-195379)
Ladies and Gentlemen:
We have acted as counsel for ARI Network Services, Inc. (the Company) in connection with the issuance and sale of up to 1,760,000 shares of the Companys common stock, par value $0.001 per share (the Shares), at a public offering price of $3.00 per share, pursuant to the terms of the Purchase Agreement (the Agreement) dated as of May 7, 2015 between the Company and Craig-Hallum Capital Group LLC. In accordance with the Securities Act of 1933, as amended (the Securities Act), and the rules and regulations of the Securities and Exchange Commission (the Commission) promulgated thereunder, the Company has prepared and filed with the Commission a Registration Statement on Form S-3 (File No. 333-195379) (the Registration Statement), including a base prospectus (the Base Prospectus) and a final prospectus supplement filed with the Commission on May 7, 2015 (together with the Base Prospectus, the Final Prospectus), relating to the Shares.
In our capacity as counsel to the Company in connection with the registration for sale of the Shares, we have examined: (i) the Registration Statement, Base Prospectus and Final Prospectus; (ii) the Companys Amended and Restated Articles of Incorporation and Bylaws, each as amended to date; (iii) the Agreement; (iv) certain resolutions of the Companys Board of Directors and the Pricing Committee thereof; (v) certain corporate documents and records, certificates of public officials and certificates of officers of the Company; and (vi) such other proceedings, documents and records as we have deemed necessary or advisable for purposes of this opinion.
In all such investigations and examinations, we have assumed the legal capacity of all natural persons, the genuineness of all signatures, the authenticity of original and certified documents and the conformity to original or certified documents of all copies submitted to us as conformed or reproduction copies.
May 7, 2015
Page 2
Based on the foregoing and subject to the limitations, qualifications and assumptions set forth herein, we are of the opinion that the Shares have been duly authorized, and when issued and sold pursuant to the Agreement, will be validly issued, fully paid and non-assessable.
The foregoing opinions are limited to the laws of the United States and the State of Wisconsin, each as currently in effect, and no opinion is expressed with respect to such laws as subsequently amended, or any other laws, or any effect that such amended or other laws may have on the opinions expressed herein. The foregoing opinions are limited to matters stated herein, and no opinion is implied or may be inferred beyond the matters expressly stated herein. The foregoing opinions are given as of the date hereof, and we undertake no obligation to advise you of any changes in applicable laws after the date hereof or of any facts that might change the opinions expressed herein that we may become aware of after the date hereof.
We consent to the filing of this opinion as an exhibit to the Registration Statement and to the reference to us under the heading Legal Matters in the Base Prospectus, and under the heading Legal Matters in the Final Prospectus.
Very truly yours,
/s/ Godfrey & Kahn, S.C.
GODFREY & KAHN, S.C.
OFFICES IN MILWAUKEE, MADISON, WAUKESHA, GREEN BAY AND APPLETON, WISCONSIN AND WASHINGTON, D.C.
GODFREY & KAHN, S.C. IS A MEMBER OF TERRALEX®, A WORLDWIDE NETWORK OF INDEPENDENT LAW FIRMS.