EX-5.1 2 d263540dex51.htm EX-5.1 EX-5.1

Exhibit 5.1

 

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Siana Lowrey

T: +1 415-693-2150

slowrey@cooley.com

November 17, 2021

Sweetgreen, Inc.

3101 W. Exposition Blvd.

Los Angeles, CA 90018

Ladies and Gentlemen:

We have acted as counsel to Sweetgreen, Inc. a Delaware corporation (the “Company”), in connection with the filing by the Company of a Registration Statement on Form S-1 (as amended, the “Registration Statement”) with the Securities and Exchange Commission pursuant to Rule 462(b) of Regulation C promulgated under the Securities Act of 1933, as amended, relating to an underwritten public offering of up to 575,000 shares (the “Shares”) of the Company’s Class A common stock, par value $0.001 per share, to be sold by the Company. The Registration Statement incorporates by reference the Registration Statement on Form S-1 (No. 333-260472), which was declared effective on November 17, 2021 (the “Prior Registration Statement”), including the prospectus which forms a part of the Prior Registration Statement (the “Prospectus”).

In connection with this opinion, we have (a) examined and relied upon (i) the Registration Statement, the Prior Registration Statement and the Prospectus, (ii) the Company’s Amended and Restated Certificate of Incorporation, as amended, and Amended and Restated Bylaws, each as currently in effect, (iii) the forms of the Company’s Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws filed as Exhibits 3.2 and 3.4 to the Registration Statement, respectively, each of which are to be in effect prior to the closing of the offering contemplated by the Registration Statement, and (iv) originals or copies certified to our satisfaction of such records, documents, certificates, memoranda, opinions and other instruments as in our judgment are necessary or appropriate to enable us to render the opinion expressed below and (b) assumed that the Amended and Restated Certificate of Incorporation referred to in clause (i)(c) is filed with the Secretary of State of the State of Delaware before issuance of the Shares.

We have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to originals of all documents submitted to us as copies, the accuracy, completeness and authenticity of certificates of public officials and the due authorization, execution and delivery of all documents by all persons other than the Company where authorization, execution and delivery are prerequisites to the effectiveness thereof. As to certain factual matters, we have relied upon a certificate of an officer of the Company and have not independently verified such matters.

Our opinion is expressed only with respect to the General Corporation Law of the State of Delaware. We express no opinion to the extent that any other laws are applicable to the subject matter hereof and express no opinion and provide no assurance as to compliance with any federal or state securities law, rule or regulation.

On the basis of the foregoing, and in reliance thereon, we are of the opinion that the Shares, when sold and issued against payment therefor as described in the Registration Statement and the Prospectus, will be validly issued, fully paid and non-assessable.

We consent to the reference to our firm under the caption “Legal Matters” in the Prospectus included in the Prior Registration Statement and to the filing of this opinion as an exhibit to the Registration Statement.

Cooley LLP 3 Embarcadero Center, 20th Floor, San Francisco, CA 94111

t: (415) 693 2000 f: (415) 693 2222 cooley.com


 

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Sweetgreen, Inc.

November 17, 2021

Page Two

 

Sincerely,
Cooley LLP
By:  

/s/  Siana Lowrey

 

Siana Lowrey

Cooley LLP 3 Embarcadero Center, 20th Floor, San Francisco, CA 94111

t: (415) 693 2000 f: (415) 693 2222 cooley.com