News & Events

  • March 26, 2015

    James Landau, a member of the Firm, is moderating a panel discussion on appellate practice, put on by the committee on appellate practice of the Westchester County Bar Association, of which he is co-chair.  The program is being held at Pace Law School in White Plains.  Click here for more details.

  • March 24, 2015

    Harmony Merger Corp., a blank check company, announced the pricing of their inital public offering.  The closing of the Company's initial public offering of 10,000,000 units is expected to be consummated on or about March 27, 2015.  EGS acted as counsel to the underwriter.

  • March 24, 2015

    Harmony Merger Corp., a blank check company, announced the pricing of their inital public offering.  The closing of the Company's initial public offering of 10,000,000 units is expected to be consummated on or about March 27, 2015.  EGS acted as counsel to the underwriter.

  • March 12, 2015

    Dundee Acquisition Ltd., “a newly organized special purpose acquisition corporation,” filed a preliminary prospectus to raise $100 million via the sale of units, priced at $10.  EGS served as U.S. underwriter counsel.

  • February 26, 2015

    Hennessy Capital Acquisition Corp. announced the completion of its previously announced acquisition of School Bus Holdings.  EG&S acted as counsel to Hennessy.

  • February 19, 2015

    Section 17(b) & Crowdfunding - What me worry? Webinar 2/26/2015

    Join Douglas Ellenoff and Adrienne Ward for a webinar hosted by Crowdfund Intermediary Regulatory Advocates (CFIRA) on Feb 26, 2015 at 1:00 PM EST.

    An entire cottage industry has emerged around online fundraising/crowdfunding platforms, with promoters claiming to help companies successfully raise money online. What many marketers don’t know, however, is that a variety of laws and regulations govern how businesses can accept investment capital and who can market these securities. This all goes back to Section 17(b) of the Securities Act of 1933 and the hawking of worthless stocks by unscrupulous unregistered “brokers” during the Great Depression. Section 17(b) remains in effect, and the SEC still uses it to prosecute promoters. During the webinar, the panel, which also includes security industry veteran Sara Hanks, will walk participants through the following: Why should you be concerned about Section 17(b)? How do you comply with Section 17(b)? What are best practices for compliance? What do you do if the SEC knocks on your door?

    Register at: https://attendee.gotowebinar.com/register/8011044283617385474. After registering, you will receive a confirmation email containing information about joining the webinar.

  • February 17, 2015

    FinTech Acquisition, a blank check company formed by management of The Bancorp to acquire a financial technology business, raised $100 million by offering 10 million shares at $10 per share.  EG&S acted as counsel to FinTech.

  • February 10, 2015

    James Landau, a member of the Firm, was invited by PLI to participate in a panel discussion titled "Attorneys and Social Media."  The program is scheduled for Monday March 16th at 11:30am. 

    Click here for more details

  • February 03, 2015

    Martin Jones, Of-Counsel to the Firm, put together a client alert on changes to foreign direct investment reporting requirements. 

    Click here to read the alert

  • February 03, 2015

    Athenahealth, Inc. (NASD: ATHN), a leading provider of cloud-based services and mobile tools for medical groups and health systems, acquired RazorInsights, LLC, a provider of cloud-based IT solutions to the rural community hospital and critical access hospital markets.  EG&S acted as counsel to RazorInsights and its principal unitholder Bluff Point Associates, Corp. in this transaction.

  • February 03, 2015

    Broadridge Financial Solutions, Inc. (NYSE:BR), a leading provider of investor communications and technology-driven solutions, acquired TwoFour Systems LLC, a provider of real-time foreign exchange solutions for banks and broker-dealers.  EG&S acted as counsel to TwoFour Systems and its members in this transaction.

  • October 22, 2014

    Orlando Bathing Suit LLC, a national retailer of swimsuits under the trade name Everything But Water, acquired Aqua Beachwear, a Florida based swimsuit retailer. EG&S acted as counsel to Orlando Bathing Suit in this transaction.

  • October 17, 2014

    Join in online from 2-3:30 p.m. Thursday, Nov. 6 to learn from the 2014 recipient of the “Crowdfunding Visionary” award, Doug Ellenoff, attorney-at-law. Ellenoff is an international expert on crowdfunding. He and his firm, Ellenoff Grossman & Schole LLP, have been meaningfully involved in crowdfunding since inception, sponsoring events, working with the SE...

  • October 16, 2014

    More than two years ago, President Obama signed the JOBS Act into law. Among its provisions were several significant changes to the way small private companies could find potential shareholders. In a nutshell, the act did two major things. First, it allowed private companies to openly solicit investors, on the Web and elsewhere.

  • October 14, 2014

    International Stem Cell Corporation announced the closing of their PIPE offering in the amount of $2,500,000.  EG&S acted as counsel to the Placement Agent.

  • October 10, 2014

    Ellenoff Grossman & Schole LLP was ranked #1 for placement agent representation in PIPE transactions (by number of transactions) for Q3 2014.

    Click here to view the rankings

  • October 10, 2014

    Cytori Therapeutics, Inc. announced the closing of their Registered Direct offering in the amount of $13,500,000.  EG&S acted as counsel to the Investor.

  • October 06, 2014

    DT Asia Investments Limited announced the completion of their IPO in the amount of $60,000,000.  EG&S acted as counsel to DT Asia.

  • September 29, 2014

    Lpath, Inc. announced the closing of its previously announced $12.5 million registered direct offering. Lpath sold registered shares of common stock and warrants to purchase unregistered shares of common stock in a registered direct offering. EG&S acted as counsel to the placement agent.

  • September 24, 2014

    Baxano Surgical, Inc. announced the closing of their Registered Direct offering in the amount of $1,384,801.  EG&S acted as counsel to the Investor.

  • September 23, 2014

    Advanced Plasma Therapies, Inc., a privately held, development-stage biotechnology company, closed a private common stock financing of $25 million with a single institutional investor. EG&S acted as counsel to Advanced Plasma Therapies.

  • September 23, 2014

    LabStyle Innovations Corp. (OTCQB:DRIO) announced the closing of a $4.2 million private placement consisting of preferred stock and warrants. EG&S acted as counsel to LabStyle. 

  • September 22, 2014

    Hennessy Capital Acquisition Corp. announced the agreement to acquire Blue Bird. EG&S acted as co-counsel to Hennessy with Sidley Austin LLP.

  • September 22, 2014

    Hennessy Capital Acquisition Corp. (Nasdaq:HCAC) (Nasdaq:HCACU) (Nasdaq:HCACW) ("HCAC") today announced it has entered into a definitive purchase agreement to acquire all of the outstanding capital stock of School Bus Holdings Inc.,...

  • September 12, 2014

    Changes in the listing requirements of the JSE that allow for the creation of special purpose acquisition companies (Spacs) could help private equity investors or venture capitalists to raise funds to invest in small and medium-size businesses.