Exhibit 5.1
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| | 300 North LaSalle Chicago, IL 60654 United States +1 312 862 2000 www.kirkland.com | | Facsimile: +1 312 862 2200 |
April 15, 2021
Agiliti, Inc.
6625 West 78th Street, Suite 300
Minneapolis, MN 55439
| Re: | Registration Statement on Form S-1 |
Ladies and Gentlemen:
We are acting as special counsel to Agiliti, Inc., a Delaware corporation (the “Company”) in connection with the proposed registration by the Company of 30,263,157 shares of its common stock, par value $0.0001 per share (the “Common Stock”), including 3,947,368 shares of Common Stock, if any, to cover the exercise of an option to purchase additional shares, pursuant to a Registration Statement on Form S-1 (Registration No. 333-253947), originally filed with the Securities and Exchange Commission (the “Commission”) on March 5, 2021, under the Securities Act of 1933, as amended (the “Act”) (such Registration Statement, as amended or supplemented, is hereinafter referred to as the “Registration Statement”). The shares of Common Stock to be registered by the Company pursuant to the Registration Statement are referred to herein as the “Shares.”
In connection therewith, we have examined originals, or copies certified or otherwise identified to our satisfaction, of such documents, corporate records and other instruments as we have deemed necessary for the purposes of this opinion, including (i) the corporate and organizational documents of the Company, including the Second Amended and Restated Certificate of Incorporation of the Company to be filed with the Secretary of State of the State of Delaware prior to the sale of the Shares, (ii) minutes and records of the proceedings of the Company with respect to the issuance and sale of the Shares, (iii) the form of Underwriting Agreement in the form filed as Exhibit 1.1 to the Registration Statement (the “Underwriting Agreement”) filed with the Commission on March 30, 2021 and (iv) the Registration Statement.
For purposes of this opinion, we have assumed the authenticity of all documents submitted to us as originals, the conformity to the originals of all documents submitted to us as copies and the authenticity of the originals of all documents submitted to us as copies. We have also assumed the legal capacity of all natural persons, the genuineness of the signatures of
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