Exhibit 5.1
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| | 767 Fifth Avenue New York, NY 10153-0119 +1 212 310 8000 tel +1 212 310 8007 fax |
November 7, 2022
First Watch Restaurant Group, Inc.
8725 Pendery Place, Suite 201,
Bradenton, FL 34201
Ladies and Gentlemen:
We have acted as counsel to First Watch Restaurant Group, Inc., a Delaware corporation (the “Company”), in connection with the preparation and filing with the Securities and Exchange Commission (the “Commission”) of the Company’s Registration Statement on Form S-3 filed on the date hereof (as amended, the “Registration Statement”) under the Securities Act of 1933, as amended (the “Act”), relating to, in each case as described in the Registration Statement, registering (i) the issuance, offering and sale by the Company, from time to time, of up to 5,000,000 shares in the aggregate of common stock, par value $0.01 per share (the “Common Stock”), of the Company (together with any additional shares that may be registered pursuant to Rule 462(b) under the Act, the “Primary Common Stock”) and (ii) the offering and sale by one or more stockholders of the Company named in the prospectus included in the Registration Statement (the “Selling Stockholders”) from time to time of up to 41,564,784 shares of Common Stock (the “Secondary Common Stock” and, together with the Primary Common Stock, the “Shares”).
In so acting, we have examined originals or copies (certified or otherwise identified to our satisfaction) of (i) the Amended and Restated Certificate of Incorporation of the Company filed with the Secretary of State of the State of Delaware, incorporated by reference as Exhibit 3.1 to the Registration Statement; (ii) the Amended and Restated Bylaws of the Company, incorporated by reference as Exhibit 3.2 to the Registration Statement; (iii) the Registration Statement; (iv) the prospectus contained within the Registration Statement; (v) the form of the Certificate of Common Stock of the Company, incorporated by reference as Exhibit 4.1 to the Registration Statement; and (vi) such corporate records, agreements, documents and other instruments, and such certificates or comparable documents of public officials and of officers and representatives of the Company, and have made such inquiries of such officers and representatives, as we have deemed relevant and necessary as a basis for the opinion hereinafter set forth.
In such examination, we have assumed the genuineness of all signatures, the legal capacity of all natural persons, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as certified, conformed or photostatic copies, and the authenticity of the originals of such latter documents. As to all questions of fact material to this opinion that have not been independently established, we have relied upon certificates or comparable documents of officers and representatives of the Company.