EX-5.1
Published on November 18, 2016
Exhibit 5.1
100 South Fourth Street, Suite 1000, St. Louis, Missouri, 63102 ● 314.889.8000
November 16, 2016
Board of Directors
TTM Technologies, Inc.
1665 Scenic Avenue, Suite 250
Costa Mesa, California 92626
Re: Prospectus Supplement to Registration Statement on Form S-3ASR
Ladies and Gentlemen:
We have acted as counsel to TTM Technologies, Inc., a Delaware corporation (the Company), in connection with the sale by Su Sih (BVI) Limited, a Cayman company limited by shares and a stockholder of the Company (the Selling Stockholder), of 13,800,000 shares of common stock of the Company, $0.001 par value per share, including an aggregate of 1,800,000 shares issuable upon exercise of the purchase option granted to the underwriters by such Selling Stockholder (the Shares), pursuant to (1) the automatic shelf registration statement on Form S-3ASR (File No. 333-214592) (the Registration Statement) filed by the Company with the Securities and Exchange Commission (the Commission) on November 14, 2016, under the Securities Act of 1933, as amended (the Securities Act), (2) the Companys preliminary prospectus supplement relating to the Shares, together with the Companys prospectus dated November 14, 2016, as filed by the Company with the Commission on November 14, 2016 (the Preliminary Prospectus) and (3) the Companys final prospectus supplement relating to the Shares dated November 16, 2016, together with the Companys prospectus dated November 14, 2016, as filed by the Company with the Commission pursuant to Rule 424(b) under the Securities Act (the Prospectus). All of the Shares are to be sold by the Selling Stockholder as described in the Registration Statement and the Prospectus.
For purposes of this opinion, we have examined copies of such agreements, instruments and documents as we have deemed an appropriate basis on which to render the opinions hereinafter expressed. In our examination of the aforesaid documents, we have assumed the genuineness of all signatures, the legal capacity of all natural persons, the accuracy and completeness of all documents submitted to us, the authenticity of all original documents, and the conformity to authentic original documents of all documents submitted to us as copies (including telecopies). As to all matters of fact, we have relied on the representations and statements of fact made in the documents so reviewed, and we have not independently established the facts so relied on. This opinion letter is given, and all statements herein are made, in the context of the foregoing.
We have further assumed that all Shares will be sold in the manner stated in the Registration Statement and the Prospectus and in compliance with the applicable provisions of the Securities Act and the rules and regulations of the Commission thereunder, the securities or blue sky laws of various states and the terms and conditions of the Underwriting Agreement.
This opinion is based as to matters of law solely on the applicable provisions of the Delaware General Corporation Law as currently in effect. We express no opinion herein as to any other statutes, rules or regulations (and in particular, we express no opinion as to any effect that such other statutes, rules or regulations may have on the opinions expressed herein).
Based upon and subject to the foregoing, we are of the opinion that the Shares have been duly authorized and validly issued, and the Shares are fully paid and non-assessable.
This opinion has been prepared for use in connection with the filing by the Company of a Current Report on Form 8-K relating to the offer and sale of the Shares, which Form 8-K will be incorporated by reference into the Registration Statement, Preliminary Prospectus and Prospectus, and speaks as of the date hereof. We assume no obligation to advise you of any changes in the foregoing subsequent to the delivery of this opinion.
We hereby consent to the filing of this opinion as Exhibit 5.1 to the above-described Form 8-K and to the reference to Polsinelli PC under the caption Legal Matters in the Preliminary Prospectus and Prospectus. In giving such consent, we do not thereby admit that we are an expert within the meaning of the Securities Act.
Very truly yours, |
/s/ Polsinelli PC |
Polsinelli PC |