Exhibit 99.3
UCLOUDLINK GROUP INC.
Room 2118-2119, 21/F, One Pacific Centre
414 Kwun Tong Road, Kwun Tong
Kowloon, Hong Kong
Date: May 4, 2020
Re: Legal Opinion on Certain Hong Kong Legal Matters
Dear Sirs or Madams,
We are qualified lawyers of Hong Kong Special Administrative Region of the People’s Republic of China (“Hong Kong”) and as such are qualified to issue this opinion on the laws and regulations of Hong Kong effective as of the date hereof.
We were engaged (the“Engagement”) as Hong Kong counsel to UCLOUDLINK GROUP INC. (the“Company”), a company incorporated under the laws of the Cayman Islands, and its subsidiaries established in Hong Kong in connection with (a) the proposed initial public offering (the“Offering”) of certain number of American depositary shares (the“Offered ADSs”), each Offered ADS representing certain number of Class A ordinary shares, par value of US$0.00005 per share, of the Company, by the Company as set forth in the Company’s registration statement onForm F-1, including all amendments or supplements thereto (the“Registration Statement”), filed by the Company with the Securities and Exchange Commission under the U.S. Securities Act of 1933 (as amended) in relation to the Offering, and (b) the Company’s proposed listing of the Offered ADSs on the NASDAQ Global Market.
A. Documents and assumptions
In rendering this opinion, we have carried out due diligence, reviewed and examined copies of the Registration Statement, and other documents as we have considered necessary or advisable for the purpose of rendering this opinion, including but not limited to originals or copies of the due diligence documents (collectively, the“Documents”) provided to us by HONGKONG UCLOUDLINK NETWORK TECHNOLOGY LIMITED (香港優克網絡技術有限公司) and UCLOUDLINK (HK) LIMITED (香港優克有限公司) (together, the“HK Companies”). Where certain facts were not independently established and verified by us, we have relied upon certificates or statements issued or made by, among others, appropriate representatives of the Company or the HK Companies. In rendering this opinion, we have assumed without independent investigation that (the“Assumptions”):
(i) | all signatures, seals and chops are genuine, each signature on behalf of a party thereto is that of a person duly authorized by such party to execute the same, all Documents submitted to us as originals are authentic, and all documents submitted to us as certified or photostatic copies conform to the originals; |
(ii) | each of the parties to the Documents, (a) if a legal person or other entity, is duly organized and is validly existing in good standing under the laws of its jurisdiction of organization and/or incorporation; or (b) if an individual, has full capacity for civil conduct; each of them, has full power and authority to execute, deliver and perform its/her/his obligations under such documents to which it is a party in accordance with the laws of its jurisdiction of organization or incorporation or the laws that it/she/he is subject to; |
(iii) | the Documents remain in full force and effect on the date of this opinion and have not been revoked, amended or supplemented, and no amendments, revisions, supplements, modifications or other changes have been made, and no revocation or termination has occurred, with respect to any of such Documents after they were submitted to us for the purposes of this legal opinion; |