News & Events

  • July 29, 2015

    JM Global Holding Company announced the closing of its initial public offering in the amount of $50,000,000.  EG&S acted as counsel to JM Global Holding.

  • July 29, 2015

    Hennessy Capital Acquisition Corp. II announced the closing of its initial public offering in the amount of $175,000,000.  EG&S acted as counsel to Hennessy.

  • July 29, 2015

    House Democratic Whip Steny H. Hoyer (MD) held the second hearing in a series of hearings called “Make It In America: What’s Next?” After five years and 16 bills signed into law, and facing a different economic landscape today, the hearing series explored how the economy has, and hasn’t, changed, and what families and businesses need in 2015 to Make It In America.  Douglas Ellenoff, a member of the Firm, was invited to testify as an expert in the economic sector.

    Click here to view the hearing.

  • July 27, 2015

    Amanda M. Fugazy, a member of the Firm, was invited to speak at the InsideNGO annual conference at the Washington DC Convention Center on July 28th and July 29th.  She will be presenting a session titled “Global Volunteers, Interns and Fellows, Legal and Structural Issues” on July 28th and on July 29th she will be co-presenting a session titled “Employee Terminations: Legal Consideration and Transition Support” with Darren Kimball the owner of the The 5 O’clock Club. 

    Click here for more details.

  • July 17, 2015

    Ellenoff Grossman & Schole LLP was ranked #1 for placement agent representation in PIPE transactions (by number of transactions) for the first half of 2015.

    Click here to view the rankings

  • July 16, 2015

    DriveWealth Holdings, Inc. closed a Series A preferred financing transaction with various investors, including Route66 Ventures, Neuberger Berman Private Equity Funds, Fenway Summer Ventures, LP, and SenaHill Partners LP. The transaction was valued at $6.2 million.  EG&S acted as counsel to DriveWealth.

  • July 14, 2015

    Staffing 360 Solutions, Inc. (OTCQB: STAF), announced that the Company consummated a $3.92 million convertible debenture transaction with Hillair Capital Investments L.P. and a concurrent acquisition of engineering staffing firm, Lighthouse Placement Services, LLC.  EG&S acted as counsel to Staffing 360.

  • June 22, 2015

    Douglas S. Ellenoff, a member of the Firm, was invited by the Toronto Stock Exchange to be part of a panel in their event titled "Taking Advantage of the SPAC Momentum on Toronto Stock Exchange."  Mr. Ellenoff spoke on the U.S. SPAC Experience.

  • June 18, 2015

    Alignvest Acquisition Corporation, a blank check company, set up primarily to buy an operating asset, is raising almost double the money it set out to generate via an initial public offering on the Toronto Stock Exchange.  The Toronto-based firm said it plans to sell 22.5 million units at $10 a unit and raise $225 million. It had initially set out to raise $125 million by selling 12.5 million units at $10 apiece.  EG&S is acting as counsel to Alignvest and the U.S. underwriters.

  • June 16, 2015

    Electrum Special Acquisition Corporation (NASDAQ: ELECU), a blank check company, announced the closing of its initial public offering in the amount of $200 million. EG&S acted as counsel to the underwriters.

  • June 02, 2015

    BioDelivery Sciences International, Inc. (NASDAQ:BDSI) announced a $30 million senior secured loan facility and refinancing with MidCap Financial.  EG&S acted as counsel to BioDelivery Sciences.

  • May 28, 2015

    Celsion Corporation announced the closing of their registered direct offering of common stock and warrants in the amount of $8,000,000.  EG&S acted as counsel to the Placement Agent, Maxim Group.

  • May 28, 2015

    Cullen Agricultural Holding Corp. (OTCBB:CAGZ) and Long Island Brand Beverages LLC, a growth-oriented company focused on the ready-to-drink (RTD) tea segment in the beverage industry, jointly announced that they have completed the previously announced merger of their respective companies.  EG&S acted as counsel to Long Island Brand Beverages.

  • May 21, 2015

    Amanda Fugazy, a member of the Firm, hosted a meeting of "Geek Girls Carrots" on the Top 10 Employment Law Mistakes By Start-Ups.  Click here to view the presentation.

  • May 04, 2015

    Alexium International, an ASX listed company, announced the closing of their private placement of ordinary shares and warrants in the amount of $8,450,000. EG&S acted as counsel to the Placement Agent, Maxim Group.

  • April 30, 2015

    ZaZa Energy Corporation announced the closing of their PIPE offering in the amount of $2,500,000.  EG&S acted as counsel to the Investor.

  • April 29, 2015

    Rare Element Resources Ltd. announced the closing of their Registered Direct offering in the amount of $3,400,000. EG&S acted as counsel to the Placement Agent.

  • April 29, 2015

    StemCells, Inc. announced the closing of their registered direct offering of common stock and warrants in the amount of $25,000,000.  EG&S acted as counsel to Maxim Group.

  • April 28, 2015

    Legend Oil and Gas, Ltd. announced the closing of their PIPE offering in the amount of $750,000.  EG&S acted as counsel to the Investor.

  • April 23, 2015

    James K. Landau, a member of the Firm, and John B. Horgan, successfully represented Corax Corporation, a property owner and former landlord of two commercial buildings located in Yonkers, New York.  Corax was suing its long time tenant, the City of Yonkers, for the cost of repairs for the damages caused to the buildings by the City’s department of public works.  The case was settled after a jury was selected and the City of Yonkers agreed to pay Corax $325,000 in damages.

  • April 23, 2015

    Novogen Limited announced the closing of their private placement in the amount of AUD$15,525,000.  EG&S acted as counsel to the Placement Agent.

  • April 21, 2015

    Dundee Acquisition Ltd. announced the closing of their initial public offering in the amount of $100,000,000.  EG&S acted as special U.S. SPAC counsel to the underwriters.

  • April 18, 2015

    HedgePath Pharmaceuticals, Inc. (OTCQB:HPPI) announced that it had entered into a definitive agreement to receive a $2.5 million investment from an affiliate of Mayne Pharma Group Limited (ASX: MYX).  EG&S acted as counsel to HedgePath Pharmaceuticals. 

  • April 17, 2015

    Catasys, Inc. announced the closing of their Bridge offering in the amount of $2,000,000.  EG&S acted as counsel to the Placement Agent.

  • April 17, 2015

    Synthesis Energy Systems, Inc. announced the closing of their Registered Direct offering in the amount of $14,000,000.  EG&S acted as counsel to the Placement Agent.