PIPES

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Experience Counts in PIPE Transactions

Since 2002, EGS has been recognized as one of the most active law firms in the U.S., with experience in over 220 PIPE transactions; from small "retail" raises to several hundred million dollar financings from institutional investors. We were ranked #1 for for placement agent representation in PIPE transactions (by number of transactions) for 2011 among all U.S. law firms.

We represent both issuers and broker-dealers. Given our level of experience, we have prepared a  Memorandum of what we believe to be the best practices and procedures relating to PIPEs (Private Investment in Public Equity) for the brokerage community.

BioDelivery Sciences International, Inc.(NASDAQ:BDSI)

$15,000,000 private investment in public equity (PIPE) financing with institutional investors.

MARCH 11, 2011

EG&S acted as counsel to BDSI

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