UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
This current report on Form 8-K is filed for the purpose of filing the attached exhibit in connection with the prospectus supplement, dated February 23, 2022, filed with the Securities and Exchange Commission, which forms a part of the Registration Statement on Form S-3ASR (Registration Statement No. 333-238315).
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit |
Description | |
5.1 | Opinion of Freshfields Bruckhaus Deringer US LLP. | |
23.1 | Consent of Freshfields Bruckhaus Deringer US LLP (included in Exhibit 5.1). | |
104 | Cover Page Interactive Data File (embedded with the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TriNet Group, Inc. | ||||||
Date: February 23, 2022 | By: | /s/ Samantha Wellington | ||||
Samantha Wellington | ||||||
Senior Vice President, Chief Legal Officer and Secretary |
Exhibit 5.1
Silicon Valley | ||
2710 Sand Hill Road Menlo Park, CA 94025 | ||
T +1 650 618 9250 (Switchboard) www.freshfields.com |
TriNet Group, Inc.
One Park Place, Suite 600
Dublin, CA 94568
February 23, 2022
Ladies and Gentlemen:
We are acting as counsel to TriNet Group, Inc., a Delaware corporation (the Company), in connection with the offering of 193,292 shares of its common stock, par value $0.000025 per share, to be sold by certain selling stockholders (the Shares) as described in the Prospectus (as defined below), pursuant to a Registration Statement on Form S-3 (Registration Statement No. 333-238315) (the Registration Statement), filed with the Securities and Exchange Commission (the Commission) under the Securities Act of 1933, as amended (the Act), the prospectus included in the Registration Statement (the Base Prospectus), and the prospectus supplement, dated February 23, 2022, filed with the Commission pursuant to Rule 424(b) of the Rules and Regulations of the Act (together with the Base Prospectus, the Prospectus).
This opinion is confined to the General Corporation Law of the State of Delaware. Accordingly, we express no opinion herein with regard to any other laws. The opinions expressed herein are limited to the matters stated herein, and no opinion is implied or may be inferred beyond the matters expressly stated herein. We do not undertake to advise you of changes in law or facts that may come to our attention after the date of this letter.
We, as your counsel, have examined originals or copies of such documents, corporate records, certificates of public officials and other instruments as we have deemed necessary or advisable for the purpose of rendering this opinion.
In rendering the opinion expressed herein, we have, without independent inquiry or investigation, assumed that (i) all documents submitted to us as originals are authentic and complete, (ii) all documents submitted to us as copies conform to authentic, complete originals, (iii) all signatures on all documents that we reviewed are genuine, (iv) all natural persons executing documents had and have the legal capacity to do so, (v) all statements in certificates of public officials and officers of the Company that we reviewed were and are accurate and (vi) all representations made by the Company as to matters of fact in the documents that we reviewed were and are accurate.
Based upon and subject to the foregoing, and subject also to the qualifications set forth above, and having considered such questions of law as we have deemed relevant and necessary as a basis for the opinion expressed below, we are of the opinion that the Shares have been validly issued, fully paid and non-assessable.
We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and further consent to the reference to our name under the caption Legal Matters in the prospectus included in the Registration Statement. In giving this consent, we do not admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act.
Very truly yours,
/s/ Freshfields Bruckhaus Deringer US LLP
2 | 2
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Document and Entity Information |
Feb. 23, 2022 |
---|---|
Cover [Abstract] | |
Amendment Flag | false |
Entity Central Index Key | 0000937098 |
Document Type | 8-K |
Document Period End Date | Feb. 23, 2022 |
Entity Registrant Name | TRINET GROUP, INC. |
Entity Incorporation State Country Code | DE |
Entity File Number | 001-36373 |
Entity Tax Identification Number | 95-3359658 |
Entity Address, Address Line One | One Park Place |
Entity Address, Address Line Two | Suite 600 |
Entity Address, City or Town | Dublin |
Entity Address, State or Province | CA |
Entity Address, Postal Zip Code | 94568 |
City Area Code | (510) |
Local Phone Number | 352-5000 |
Written Communications | false |
Soliciting Material | false |
Pre Commencement Tender Offer | false |
Pre Commencement Issuer Tender Offer | false |
Security 12b Title | Common stock par value $0.000025 per share |
Trading Symbol | TNET |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | false |
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