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DFP Holdings Ltd. – IPO: ‘S-1’ on 5/12/23 – ‘EX-5.1’

On:  Friday, 5/12/23, at 6:26am ET   ·   Accession #:  1493152-23-16487   ·   File #:  333-271858

Previous ‘S-1’:  None   ·   Next:  ‘S-1/A’ on 7/7/23   ·   Latest:  ‘S-1/A’ on 9/6/23   ·   8 References:   

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

 5/12/23  DFP Holdings Ltd.                 S-1                    7:9.5M                                   M2 Compliance LLC/FA

Initial Public Offering (IPO):  Registration Statement (General Form)   —   Form S-1   —   SA’33

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-1         Registration Statement (General Form)               HTML    711K 
 2: EX-3.1      Articles of Incorporation/Organization or Bylaws    HTML      6K 
 3: EX-3.2      Articles of Incorporation/Organization or Bylaws    HTML      9K 
 4: EX-5.1      Opinion of Counsel re: Legality                     HTML     15K 
 5: EX-23.1     Consent of Expert or Counsel                        HTML      6K 
 7: EX-FILING FEES  Filing Fees                                     HTML     21K 
 6: EX-99.1     Miscellaneous Exhibit                               HTML     90K 


‘EX-5.1’   —   Opinion of Counsel re: Legality


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Exhibit 5.1

 

LAW OFFICE OF CARL P. RANNO

 

Attorney and Counselor at Law

2733 EAST VISTA DRIVE

PHOENIX, ARIZONA 85032

Telephone: 602-493-0369

Email: carlranno@cox.net

 

May 10, 2023

 

DFP Holdings, Limited

2F-1, No. 178-5, Section 2

Chang’an East Road

Zhongshan District

Taipei City, Taiwan

Attn: Mr. Hsu Shou Hung

dfpleaderschool@gmail.com

 

RE: Opinion to be filed with an S-1 Registration statement to be filed by DFP Holdings, Limited a Nevada Corporation

 

Dear Sir,

 

This Opinion is in connection with a registration statement to be filed by DFP Holdings, Limited a Nevada Corporation on Form S-1 (the “Registration Statement”) with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “Securities Act”), in connection with the registration of 10,000,000 shares, $0.0001 par value, of the Company’s newly issued common stock for public sale by the issuer on a best efforts basis

 

You have requested my opinion as to the matters set forth below in connection with the Registration Statement. For purposes of this opinion, I have examined the Registration Statement, the Company’s Articles of Incorporation filed December 8, 2021, the Company’s Bylaws dated December 8, 2021, the Consent of the Independent Registered Public Accounting Firm attached to the Registration Statement, including a form of the Subscription Agreement, and such other documents and matters of law as I have deemed necessary for the expression of the opinion herein contained.

 

In all such examinations, I have assumed the genuineness of all signatures on original documents, and the conformity to the originals of all copies submitted to me by the parties herein. In passing upon certain corporate records and documents of the Company, I have necessarily assumed the correctness and completeness of the statements made or included therein by the Company, and I express no opinion thereon. As to the various questions of fact material to this opinion, I have relied, to the extent I deemed reasonably appropriate, upon representations of officers or directors of the Company and upon documents, records and instruments furnished to me by the Company, without verification except where such verification was readily ascertainable.

 

Based upon and subject to the foregoing, it is my opinion with respect to the registration of 10,000,000 newly issued shares of the Company’s common stock, $0.0001 par value (the “Shares”), for public sale by the issuer’ that the Shares have been duly authorized and subject to the Registration Statement becoming effective, the Shares, when issued and paid for as described in the Registration Statement and Prospectus, will be, validly issued, fully paid and non-assessable.

 

This opinion is limited to the Federal laws of the United States, and the applicable sections of laws of Nevada. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the reference made to this firm in the Registration Statement under the heading “Legal Matters.”

 

I hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of my name under the caption “Interests of Named Experts and Counsel” in the prospectus comprising part of the Registration Statement.

 

This opinion is rendered pursuant to Item 601(b)(5)(i) of Regulation S-K under the Act and may not be used or relied upon for any other purpose. This opinion is given as of the effective date of the Registration Statement, and I assume no obligation to update or supplement the opinions contained herein to reflect any facts or circumstances which may hereafter come to our attention or any changes in laws which may hereafter occur.

 

Sincerely,  
     
By /s/ Carl P. Ranno  
  Carl P. Ranno  

 

 

 


Dates Referenced Herein

This ‘S-1’ Filing    Date    Other Filings
Filed on:5/12/23None on these Dates
5/10/23
12/8/21
 List all Filings 


8 Subsequent Filings that Reference this Filing

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

 5/13/24  DFP Holdings Ltd.                 10-Q        3/31/24   31:2.2M                                   M2 Compliance LLC/FA
 2/13/24  DFP Holdings Ltd.                 10-Q       12/31/23   33:2.1M                                   M2 Compliance LLC/FA
12/28/23  DFP Holdings Ltd.                 10-K        9/30/23   39:2.9M                                   M2 Compliance LLC/FA
 9/06/23  DFP Holdings Ltd.                 S-1/A                  4:856K                                   M2 Compliance LLC/FA
 8/08/23  DFP Holdings Ltd.                 S-1/A                  4:791K                                   M2 Compliance LLC/FA
 8/02/23  SEC                               UPLOAD10/06/23    2:42K  DFP Holdings Ltd.
 7/07/23  DFP Holdings Ltd.                 S-1/A                  4:784K                                   M2 Compliance LLC/FA
 6/08/23  SEC                               UPLOAD10/06/23    2:49K  DFP Holdings Ltd.
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Filing Submission 0001493152-23-016487   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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