SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Jowell Global Ltd. – IPO: ‘F-1/A’ on 2/8/21 – ‘EX-5.1’

On:  Monday, 2/8/21, at 5:19pm ET   ·   Accession #:  1213900-21-7482   ·   File #:  333-250889

Previous ‘F-1’:  ‘F-1/A’ on 12/28/20   ·   Latest ‘F-1’:  This Filing   ·   7 References:   

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/08/21  Jowell Global Ltd.                F-1/A                 15:6.3M                                   EdgarAgents LLC/FA

Initial Public Offering (IPO):  Pre-Effective Amendment to Registration Statement by a Foreign Issuer   —   Form F-1
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: F-1/A       Amendment No. 2 to Form F-1                         HTML   1.29M 
 2: EX-1.1      Form of Underwriting Agreement                      HTML    178K 
 3: EX-4.1      Form of Underwriter's Warrant                       HTML     60K 
 4: EX-4.2      Form of Underwriter's Warrant                       HTML      8K 
 5: EX-5.1      Opinion of Maples and Calder (Hong Kong) LLP as to  HTML     22K 
                the Legality of the Ordinary Shares Being                        
                Registered and Certain Cayman Islands Tax Matters                
 6: EX-5.2      Opinion of Fisherbroyles, LLP Regarding             HTML     17K 
                Underwriter's Warrant                                            
 7: EX-10.13    Form of Purchase and Sales Contract by and Between  HTML     28K 
                Shanghai Juhao Information Technology Co., Ltd.                  
                and Jiangsu Longrich Bioscience Co., Ltd                         
 8: EX-10.14    Form of Purchase and Sales Contract by and Between  HTML     25K 
                Shanghai Juhao Information Technology Co., Ltd.                  
                and Karlie Cosmetics Manufacturing Co., Ltd                      
 9: EX-10.17    Form of Indemnification Agreement by Between the    HTML     49K 
                Company and Its Directors and Executive Officers                 
10: EX-10.21    Warehouse Lease Agreement by and Between Shanghai   HTML     13K 
                Juhao Information Technology Co., Ltd and Colori                 
                Inc. Dated December 31, 2020                                     
11: EX-10.22    Office Lease Agreement by and Between Shanghai      HTML     13K 
                Juhao Information Technology Co., Ltd and Jiangsu                
                Longrich Bioscience Co., Ltd. Dated December 31,                 
                2020                                                             
12: EX-10.23    Office Lease Agreement by and Between Shanghai      HTML     13K 
                Juhao Information Technology Co., Ltd and Shanghai               
                Longrich Industrial Co., Ltd. Dated December 31,                 
                2020                                                             
13: EX-10.24    Office Lease Agreement by and Between Shanghai      HTML     13K 
                Juhao Information Technology Co., Ltd and Jiangsu                
                Longrich Bioscience Co., Ltd. Dated December 31,                 
                2020                                                             
14: EX-23.1     Consent of Friedman LLP                             HTML      8K 
15: EX-99.2     Request for Waivers and Representation Under Item   HTML     17K 
                8.A.4 of Form 20-F                                               


‘EX-5.1’   —   Opinion of Maples and Calder (Hong Kong) LLP as to the Legality of the Ordinary Shares Being Registered and Certain Cayman Islands Tax Matters


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



Exhibit 5.1

 

 

Our ref       ELR/771940-000001/18653237v4

 

 

Jowell Global Ltd.

2nd Floor, No. 285 Jiangpu Road

Yangpu District, Shanghai

China 200082

 

8 February 2021

 

Dear Sirs

 

Jowell Global Ltd. 聚好全球股份有限公司

We have acted as Cayman Islands legal advisers to Jowell Global Ltd. 聚好全球股份有限公司 (the “Company”) in connection with the Company’s registration statement on Form F-1, including all amendments or supplements thereto (the “Registration Statement”), filed with the Securities and Exchange Commission under the U.S. Securities Act of 1933, as amended to date relating to the offering by the Company of certain ordinary shares of par value US$0.0001 each (the “Shares”) and certain warrants (“Warrants”), exercisable into ordinary shares of the Company (“Warrants Shares”), to the underwriters in the offering.

 

We are furnishing this opinion as Exhibits 5.1, 8.2 and 23.2 to the Registration Statement.

 

1Documents Reviewed

 

For the purposes of this opinion, we have reviewed only originals, copies or final drafts of the following documents and such other documents as we have deemed necessary in order to render the opinions below:

 

1.1The certificate of incorporation of the Company dated 16 August 2019 issued by the Registrar of Companies in the Cayman Islands.

 

1.2The second amended and restated memorandum and articles of association of the Company as adopted by special resolution passed on 1 July 2020 (the “Memorandum and Articles”).

 

1.3The written resolutions of the directors of the Company dated 21 November 2020 and 8 December 2020 (the “Board Resolutions”).

 

1.4The written resolutions of the shareholders of the Company dated 21 November 2020 (the “Shareholders’ Resolutions”).

 

1.5A certificate from a director of the Company, a copy of which is attached hereto (the “Director’s Certificate”).

 

 

 

 

 C: 

 

 

 

1.6A certificate of good standing with respect to the Company issued by the Registrar of Companies dated 23 November 2020 (the “Certificate of Good Standing”).
  
1.7The Registration Statement.

 

2Assumptions

 

The following opinions are given only as to, and based on, circumstances and matters of fact existing and known to us on the date of this opinion letter. These opinions only relate to the laws of the Cayman Islands which are in force on the date of this opinion letter. In giving these opinions we have relied (without further verification) upon the completeness and accuracy, as of the date of this opinion letter, of the Director’s Certificate and the Certificate of Good Standing. We have also relied upon the following assumptions, which we have not independently verified:

 

2.1Copies of documents, conformed copies or drafts of documents provided to us are true and complete copies of, or in the final forms of, the originals.
  
2.2All signatures, initials and seals are genuine.

 

2.3There is nothing under any law (other than the law of the Cayman Islands), which would or might affect the opinions set out below.

 

3Opinion

 

Based upon the foregoing and subject to the qualifications set out below and having regard to such legal considerations as we deem relevant, we are of the opinion that:

 

3.1The Company has been duly incorporated as an exempted company with limited liability and is validly existing and in good standing with the Registrar of Companies under the laws of the Cayman Islands.

 

3.2The authorised share capital of the Company is US$50,000.00 divided into 500,000,000 shares comprising of (i) 450,000,000 Ordinary Shares of a par value of US$0.0001 each and (ii) 50,000,000 Preferred Shares of a par value of US$0.0001 each.

 

3.3The issue and allotment of the Shares and Warrant Shares have been duly authorised and when allotted, issued and paid for as contemplated in the Registration Statement, the Shares and Warrant Shares will be legally issued and allotted, fully paid and non-assessable. As a matter of Cayman law, a share is only issued when it has been entered in the register of members (shareholders).

 

3.4The issue of the Warrants has been duly authorised by all required corporate action of the Company.

 

3.5The statements under the caption “Taxation” in the prospectus forming part of the Registration Statement, to the extent that they constitute statements of Cayman Islands law, are accurate in all material respects and that such statements constitute our opinion.

 

4Qualifications

 

In this opinion the phrase “non-assessable” means, with respect to the Shares in the Company, that a shareholder shall not, solely by virtue of its status as a shareholder, be liable for additional assessments or calls on the Shares by the Company or its creditors (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil).

 

 C: 

 C: 2

 

 

Except as specifically stated herein, we make no comment with respect to any representations and warranties which may be made by or with respect to the Company in any of the documents or instruments cited in this opinion or otherwise with respect to the commercial terms of the transactions, which are the subject of this opinion.

 

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the reference to our name under the headings “Enforceability of Civil Liabilities”, “Taxation” and “Legal Matters” and elsewhere in the prospectus included in the Registration Statement. In giving such consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the U.S. Securities Act of 1933, as amended, or the Rules and Regulations of the Commission thereunder.

 

Yours faithfully

 

 

Maples and Calder (Hong Kong) LLP

 

 C: 

 

 

 


5 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/13/24  Jowell Global Ltd.                20-F       12/31/23  108:10M                                    EdgarAgents LLC/FA
 5/15/23  Jowell Global Ltd.                20-F       12/31/22  106:9.4M                                   EdgarAgents LLC/FA
 4/25/22  Jowell Global Ltd.                20-F       12/31/21  103:8.3M                                   EdgarAgents LLC/FA
 9/21/21  Jowell Global Ltd.                S-8         9/21/21    3:88K                                    EdgarAgents LLC/FA
 5/10/21  Jowell Global Ltd.                20-F       12/31/20   83:5.4M                                   EdgarAgents LLC/FA


2 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

12/28/20  Jowell Global Ltd.                F-1/A                  5:4.7M                                   EdgarAgents LLC/FA
11/23/20  Jowell Global Ltd.                F-1                   28:19M                                    EdgarAgents LLC/FA
Top
Filing Submission 0001213900-21-007482   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Tue., May 14, 9:31:49.1pm ET