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EX-99.1 - EX-99.1 - FOX FACTORY HOLDING CORPd210119dex991.htm
EX-1.1 - EX-1.1 - FOX FACTORY HOLDING CORPd210119dex11.htm
8-K - FORM 8-K - FOX FACTORY HOLDING CORPd210119d8k.htm

Exhibit 5.1

 

LOGO     Squire Patton Boggs (US) LLP
    221 E. Fourth St., Suite 2900
    Cincinnati, Ohio 45202
   

 

O     +1 513 361 1200

    F      +1 513 361 1201
    squirepattonboggs.com

August 12, 2016

Fox Factory Holding Corp.

915 Disc Drive

Scotts Valley, CA 95066

Re: Secondary Public Offering of Common Stock

Ladies and Gentlemen,

We have acted as special counsel to Fox Factory Holding Corp., a Delaware corporation (the “Company”), in connection with the sale by certain stockholders of the Company of an aggregate of 4,025,000 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), in accordance with the terms of the Underwriting Agreement, dated August 8, 2016 (the “Underwriting Agreement”), by and between the Company, Merrill Lynch, Pierce, Fenner & Smith Incorporated and the selling stockholders of the Company named in Schedules 2-A and 2-B thereto. The Shares were registered pursuant to the Registration Statement on Form S-3 (File No. 333-203146), as thereby amended from time to time (as amended, the “Registration Statement”), filed by the Company with the Securities and Exchange Commission (the “Commission”) pursuant to the Securities Act of 1933, as amended (the “Securities Act”), and are being offered pursuant to the base prospectus included in the Registration Statement, as supplemented by a prospectus supplement relating to the Shares dated August 8, 2016 (the base prospectus, the prospectus supplement and any amendments thereto, collectively, the “Prospectus”).


Squire Patton Boggs (US) LLP

August 12, 2016

Page 2

 

As such counsel and for purposes of our opinion set forth below, we have examined originals or copies, certified or otherwise identified to our satisfaction, of such documents, resolutions, certificates and instruments of the Company and corporate records furnished to us by the Company, certificates of public officials, statutes, records and such other instruments and documents as we have deemed necessary or appropriate as a basis for the opinion set forth below. In addition to the foregoing, we have made such investigations of law as we have deemed necessary or appropriate as a basis for the opinion set forth herein.

In such examination and in rendering the opinion expressed below, we have assumed, without independent investigation or verification: (i) the genuineness of all signatures on all agreements, instruments, corporate records, certificates and other documents submitted to us; (ii) the legal capacity and authority of all persons or entities (other than the Company) executing all agreements, instruments, corporate records, certificates and other documents submitted to us; (iii) the authenticity and completeness of all agreements, instruments, corporate records, certificates and other documents submitted to us as originals; (iv) that all agreements, instruments, corporate records, certificates and other documents submitted to us as certified, electronic, facsimile, conformed, photostatic or other copies conform to authentic originals thereof, and that such originals are authentic and complete; (v) the due authorization, execution and delivery of all agreements, instruments, certificates and other documents by all parties thereto (other than the Company); (vi) that the statements contained in the certificates and comparable documents of public officials, officers and representatives of the Company and other persons on which we have relied for the purposes of this opinion set forth below are true and correct; and (vii) that the officers and directors of the Company have properly exercised their fiduciary duties. As to all questions of fact material to the opinion and as to the materiality of any fact or other matter referred to herein, we have relied (without independent investigation) upon representations and certificates or comparable documents of officers and representatives of the Company. Our knowledge of the Company and its legal and other affairs is limited by the scope of our engagement, which scope includes the delivery of this opinion letter. We do not represent the Company with respect to all legal matters or issues. The Company may employ other independent counsel and, to our knowledge, handles certain legal matters and issues with the assistance of independent counsel.

We also have assumed that the Shares will be sold as described in the Prospectus and the Underwriting Agreement.

Based upon the foregoing, and in reliance thereon, and subject to the limitations, qualifications and exceptions set forth herein, we are of the opinion that the Shares have been duly authorized by the Company, and are validly issued, fully paid and nonassesable.


Squire Patton Boggs (US) LLP

August 12, 2016

Page 3

 

Without limiting any of the other limitations, exceptions and qualifications stated elsewhere herein, we express no opinion with regard to the applicability or effect of the law of any jurisdiction other than, as in effect as of the date of this letter, the Delaware General Corporation Law, the applicable provisions of the Delaware Constitution and reported judicial decisions interpreting these laws.

This opinion letter deals only with the specified legal issues expressly addressed herein, and you should not infer any opinion that is not explicitly stated herein from any matter addressed in this opinion letter.

This opinion letter speaks as of the date hereof and we assume no obligation to advise you or any other person with regard to any change after the date hereof in the circumstances or the law that may bear on the matters set forth herein, even though the change may affect the legal analysis, a legal conclusion or other matters in this opinion letter.

We consent to the filing of this opinion letter as Exhibit 5.1 to the Registration Statement and to the reference to our firm under the caption “Legal Matters” therein. In giving this consent, we do not admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission promulgated thereunder.

 

Very truly yours,
/s/ Squire Patton Boggs (US) LLP