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S-8 Filing
1stdibs.Com (DIBS) S-8Registration of securities for employees
Filed: 10 Jun 21, 4:36pm
EXHIBIT 5.1
Pillsbury Winthrop Shaw Pittman LLP
2550 Hanover Street
Palo Alto, California 94304
June 10, 2021
1stdibs.com, Inc.
51 Astor Place, 3rd Floor
New York, New York 10003
Re: | Registration Statement on Form S-8 |
Ladies and Gentlemen:
We are acting as counsel for 1stdibs.com, Inc., a Delaware corporation (the “Company”), in connection with the Registration Statement on Form S-8 (the “Registration Statement”) relating to the registration under the Securities Act of 1933 (the “Act”) of 9,195,116 shares of the Company’s common stock, $0.01 par value per share (the “Shares”), issuable pursuant to the Company’s 2011 Stock Option and Grant Plan, 2021 Stock Incentive Plan, and 2021 Employee Stock Purchase Plan (collectively, the “Plans”).
We have reviewed and are familiar with such corporate proceedings and other matters as we have considered relevant or necessary for the opinions expressed in this letter. Based upon the foregoing, we are of the opinion that the Shares have been duly authorized and, when issued and sold in accordance with the Plans, will be validly issued, fully paid and nonassessable. The opinions set forth in this letter are limited to the General Corporation Law of the State of Delaware, as in effect on the date hereof.
We hereby consent to the filing of this opinion letter as Exhibit 5.1 to the Registration Statement. In giving this consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Securities and Exchange Commission promulgated thereunder.
Very truly yours,
/s/ Pillsbury Winthrop Shaw Pittman LLP