Published on May 2, 2014
Exhibit 5.1
RICHARDSON & PATEL LLP
1100 Glendon Avenue, Suite 850
Los Angeles, California 90049
May 2, 2014
Sysorex Global Holdings Corp.
3375 Scott Blvd., Suite 440
Santa Clara, California 95054
Ladies and Gentlemen:
At your request, we have examined the Registration Statement on Form S-8 (the Registration Statement) to be filed by Sysorex Global Holdings Corp., a Nevada corporation (the Company), with the Securities and Exchange Commission on May 2, 2014 in connection with the registration under the Securities Act of 1933, as amended, of an aggregate of 2,634,500 shares of the Companys common stock, par value $0.001 per share (the Stock), subject to issuance by the Company upon the exercise of stock options, grant of restricted stock, or grant of purchase rights under, the Companys 2011 Employee Stock Incentive Plan, as amended (the 2011 Plan).
In rendering this opinion, we have examined such matters of fact as we have deemed necessary in order to render the opinion set forth herein, which included examination of the following:
1.
the Companys Restated Articles of Incorporation in the form filed with the Commission, certified by one or more of the Companys officers as being complete and in full force and effect as of the date of this opinion;
2.
the Companys Amended and Restated Bylaws, as amended to date, attached as an exhibit to the Management Certificate and certified by one or more of the Companys officers as being complete and in full force and effect as of the date of this opinion;
3.
the Registration Statement, together with the exhibits filed as a part thereof or incorporated herein by reference;
4.
the prospectus in connection with the Registration Statement;
5.
a certificate from the Companys transfer agent verifying the number of the Companys issued and outstanding shares of capital stock as of April 30, 2014, and a report of outstanding options and warrants and any other rights to purchase shares of the Companys capital stock that was prepared by the Company and dated March 31, 2014; and
6.
a Management Certificate (the Management Certificate) addressed to us and dated of even date herewith and executed by the Company containing certain factual and other representations.
In our examination of documents for purposes of this opinion, we have assumed, and express no opinion as to, the genuineness of all signatures on original documents, the authenticity and completeness of all documents submitted to us as originals, the conformity to originals and completeness of all documents submitted to us as copies, the legal capacity of all persons or entities executing the same, the lack of any undisclosed termination, modification, waiver or amendment to any document reviewed by us and the due authorization, execution and delivery of all documents where due authorization, execution and delivery are prerequisites to the effectiveness thereof. We have also assumed that the certificates representing the Stock will be, when issued, properly signed by authorized officers of the Company or their agents.
As to matters of fact relevant to this opinion, we have relied solely upon our examination of the documents referred to above and have assumed the current accuracy and completeness of the information obtained from the documents referred to above and the representations and warranties made by representatives of the Company to us, including but not limited to those set forth in the Management Certificate. We have made no independent investigation or other attempt to verify the accuracy of any of such information or to determine the existence or non-existence of any other factual matters; however, we are not aware of any facts that would cause us to believe that the opinion expressed herein is not accurate.
We are admitted to practice law in the State of Nevada, and we render this opinion only with respect to, and express no opinion herein concerning the application or effect of the laws of any jurisdiction other than, the existing laws of the United States of America and of the State of Nevada.
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Based upon the foregoing, it is our opinion that the 2,634,500 shares of Stock that may be issued and sold by the Company upon the exercise of options, grant of restricted stock, or grant of purchase rights under the 2011 Plan, when issued, sold and delivered in accordance with the 2011 Plan and purchase agreements to be entered into thereunder, and in the manner and for the consideration stated in the Registration Statement and the relevant prospectus, will be validly issued, fully paid and non-assessable.
We consent to the use of this opinion as an exhibit to the Registration Statement and further consent to all references to us, if any, in the Registration Statement, the prospectus constituting a part thereof and any amendments thereto. This opinion is intended solely for use in connection with issuance and sale of shares subject to the Registration Statement and is not to be relied upon for any other purpose. We assume no obligation to advise you of any fact, circumstance, event or change in the law or the facts that may hereafter be brought to our attention whether or not such occurrence would affect or modify the opinions expressed herein.
Very truly yours,
RICHARDSON & PATEL LLP
/s/ Richardson & Patel LLP
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