News & Events

  • October 11, 2017

    Rimini Street, Inc., a global provider of enterprise software products and services, announced the closing of its merger with special purpose acquisition company GP Investments Acquisition Corp. The combined company will retain the Rimini Street, Inc. name and will trade on Nasdaq as “RMNI.”  The transaction was valued at $50,000,000. Cowen served as financial and capital markets advisor to Rimini Street, and EG&S acted as counsel to Cowen.

  • October 04, 2017

    Jaguar Health, Inc. announced the closing of its public underwritten offering of common stock in the amount of $4,250,000.   EG&S acted as counsel to the underwriter, Maxim Group, LLC.

  • October 03, 2017

    The Deal's exclusive League Table ranking tracks PIPEs that raise at least $1 million between January 1 and September 15, 2017.  Ellenoff Grossman & Schole LLP was the top-ranked agent legal counsel with eight placements advised and tied for second, with four placements advised for investor legal counsel.

    Click here to read the full report.

  • October 02, 2017

    Nacuity Pharmaceuticals, Inc. announced the closing of their private placement of preferred stock and warrants in the amount of $9,422,000 over three closings.  EG&S acted as counsel to Maxim Group LLC.

  • September 25, 2017

    China National Heavy Duty Truck Group Co. Ltd. announced that it has acquired 9.9% of UQM Technologies, Inc. (NYSE American: UQM) and has agreed to acquire an additional 24.1% of UQM subject to approval by the U.S. Committee on Foreign Investment in the United States (“CFIUS”). EGS is acting as counsel to CNHTC.

  • September 20, 2017

    Draper Oakwood Technology Acquisition, Inc. announced the closing of its initial public offering in the amount of $50,000,000.  EG&S acted as counsel to Draper Oakwood.

  • September 19, 2017

    Douglas Ellenoff, Stuart Neuhauser and Matthew Gray; members of the Firm, were invited by Strafford to participate on a Webinar titled:Special Purpose Acquisition Companies: Structuring IPOS and Facilitating Future Mergers and Acquisitions.  The panel discussed the disclosure and operational requirements particular to SPACs, the timing and valuation parameters relating to SPAC target acquisitions and issues that may arise in a SPAC’s initial business combination. The panel also discussed the typical pricing of SPAC securities and trust accounts.

    Click here to view the Strafford presentation.

  • August 28, 2017

    Cel-Sci Corporation announced the closing of their Registered Direct offering in the amount of $3,500,000.  EG&S acted as counsel to the Placement Agent.

  • August 22, 2017

    Lakeland Industries, Inc. announced the closing of their Underwritten offering in the amount of $10,005,000.  EG&S acted as counsel to the Underwriter.

  • August 21, 2017

    Avista Healthcare Public Acquisition Corp. announced that it has entered into a definitive merger agreement with Envigo International Holdings, Inc., a leading early stage non-clinical contract research organization offering a diverse set of non-clinical discovery and safety assessment services as well as laboratory animal science tools.  EG&S acted as special SPAC counsel to Envigo.

  • August 18, 2017

    EG&S acted as counsel to Movie Pass, Inc. which recently announced that it has entered into an agreement with Helios and Matheson Analytics Inc. pursuant to which Helios will buy 51% of the outstanding stock of MoviePass. MoviePass, a movie subscription technology company established in 2011, has been led by Netflix co-founder and former Redbox president Mitch Lowe as CEO since June 2016, along with MoviePass co-founder Stacy Spikes. The transaction will be valued at up to $27,000,000.

  • August 18, 2017

    I-AM Capital Acquisition Company announced the closing of its initial public offering in the amount of $50,000,000.  EGS acted as counsel to I-Am.

  • August 18, 2017

    Pacific Special Acquisition Corp. announced the closing of its business combination with Borqs International Holding Corp., a global leader in software and IoT products providing customizable, differentiated and scalable Android-based smart connected devices and cloud service solutions.  EG&S acted as counsel to Pacific.

  • August 16, 2017

    Enteromedics Inc. announced the closing of their Underwritten offering in the amount of $18,295,000.  EG&S acted as counsel to the Underwriter.

  • August 11, 2017

    BioAmber Inc. announced the closing of their Underwritten offering in the amount of $11,000.000.  EG&S acted as counsel to the Underwriter.

  • August 02, 2017

    Integrity Applications, Inc. announced the closing of their PIPE offering in the amount of $12,000,000.  EG&S acted as counsel to the Placement Agent.

  • August 01, 2017

    Industrea Acquisition Corp. announced the closing of its initial public offering in the amount of $230,000,000.  EG&S acted as counsel to the underwriters.

  • July 28, 2017

    Titan Medical Inc. announced the closing of its registered offering in the amount of $7,356,682.  EG&S acted as counsel to Maxim Group LLC, who acted as co-placement agent in the offering.

  • July 26, 2017

    Douglas S. Ellenoff, a member of the Firm, was interviewed by Crowdfund Insider on ICOs (Initial Coin Offerings). The Securities and Exchange Commission (SEC) issued an investigative report on the fast growing Initial Coin Offering market that will squelch the ICO market, at least in the US.

    Click here to read the full article.

  • July 25, 2017

    Apollo Endosurgery Inc. announced the closing of their Underwritten offering in the amount of $35,983,491.  EG&S acted as counsel to the Underwriter.

  • July 24, 2017

    ImmunoCellular Therapeutics, Ltd. announced the closing of its public offering in the amount of $5,000,000.  EG&S acted as counsel to Maxim Group LLC, the sole book-running manager for the offering.

  • July 21, 2017

    Trovagene, Inc., a precision medicine biotechnology company, announced the closing of their Registered Direct offering in the amount of $7.1 million.  EG&S acted as counsel to Maxim Group LLC, the Sole Placement Agent for Trovagene.

  • July 21, 2017

    Cyclacel Pharmaceuticals Inc. announced the closing of their Underwritten offering in the amount of $4,306,360.  EG&S acted as counsel to the Underwriter.

  • July 20, 2017

    The Deal issued its quarterly PIPE League Tables, revealing that the second quarter of 2017 saw 339 deals, raising $19.14 billion. The quarter was down from the comparable period last year, when the same number of deals yielded almost $24 billion after a rebound in oil prices sent energy companies roaring back into the market. Data is sourced from PrivateRaise, a service of The Deal, which tracks PIPEs that raise at least $1 million.

    EG&S is top ranked.  Click here to read the full article.

  • July 18, 2017

    Douglas S. Ellenoff, a member of the Firm, was interviewed by Crowdfund Insider on ICOs (Initial Coin Offerings).  Read the full article here.