News & Events

  • February 04, 2016

    Cellular Biomedicine Group, Inc. announced the initial closing of a common stock PIPE offering in the amount of $5,000.000.  The offering has a potential aggregate closing of $43,130,000 on or before April 15, 2016.  EG&S acted as counsel to Cellular Biomedicine Group.

  • February 02, 2016

    Client Alert: NLRB Ruling Regarding Employer Policies Prohibits Recording in the Workplace.  Click here to read more.

  • January 29, 2016

    Legend Oil and Gas, Ltd. announced the closing of their PIPE offering in the amount of $1,439,400.  EG&S acted as counsel to the Investor.

  • January 21, 2016

    Bio America Inc. announced the closing of their Underwritten offering in the amount of $13,000,000.  EG&S acted as counsel to the Underwriter.

  • January 15, 2016

    Ellenoff Grossman & Schole LLP was ranked #1 for placement agent representation in PIPE transactions (by number of transactions) for Q4 of 2015.  We were the only law firm ranked in the top 5 for advising Placement Agents, Investors and Issuers. 

    Click here to view the rankings.

  • January 11, 2016

    Onconova Therapeutics Inc. announced the closing of their Registered Direct offering in the amount of $1,839,999.  EG&S acted as counsel to the Placement Agent.

  • January 08, 2016

    Client Alert: The change in minimum wage has dictated that all NY employers and many employers in other states change their employment postings.  Don’t forget to change your employment posters.  Please click here to see the notice from the Society For Human Resource Management.

  • January 08, 2016

    Transgenomic, Inc. announced the closing of their PIPE offering in the amount of $2,200,000.  EG&S acted as counsel to the Placement Agent.

  • January 07, 2016

    James Landau, a member of the Firm, was invited by Appellate Innovations to speak at thier fall CLE program on January 21, 2016.  The title of the program is: Federal Appellate Practice: The Rules & Beyond.  Click here to register.

  • January 05, 2016

    Client Alert: New York Strengthens Employee Protections
    On October 21, 2015, New York Governor Andrew Cuomo signed a spate of employment-related legislation into law.  Click here to read the changes that are effective January 19, 2016.

  • December 30, 2015

    United Energy Leasing, LLC, an affiliate of United Refining, Inc., entered into a seven-year $5M secured equipment loan with Investors Bank. EGS represented United in the transaction.

  • December 15, 2015

    In December 2015, Elephant Talk raised $1,275,000 in a private placement offering of up to $4.2 million where Dawson James Securities, Inc. acted as the placement agent.  EGS acted as counsel for Elephant Talk.

  • November 23, 2015

    Client Alert: DOL Delays Implementaion of Changes To The Overtime Exemptions
    As we have previously advised, the U.S. Department of Labor (“DOL”) has proposed regulations raising the minimum salary that must be paid to an employee in order for that employee to be considered exempt from the overtime pay requirements of the Fair Labor Standards Act (“FLSA”).  Click here to read more.

  • November 18, 2015

    Douglas Ellenoff, a member of the Firm, was quoted in Financier Worldwide Magazine in an artitle titled "SPAC for good?" 

    Click here to read the article.

  • November 18, 2015

    COPsync, Inc. announced the closing of their underwritten offering in the amount of $10,600,000.  EG&S acted as counsel to Maxim Group.

  • November 06, 2015

    NephroGenex, Inc. announced the closing of their PIPE offering in the amount of $5,500,000. EG&S acted as counsel to the Placement Agent.

  • November 03, 2015

    Mosman Oil and Gas Limited announced the closing of their Private Placement of AIM listed Australian Securities offering in the amount of $2,249,867.  EG&S acted as counsel to the Placement Agent.

  • November 03, 2015

    Client Alert - New York City Commuter Benefits Law

    On January 1, 2016, the New York City Commuter Benefits Law will take effect.  Now is the time to prepare.  Click here to read more.

  • November 02, 2015

    Genius Brands International Inc. announced the closing of their PIPE offering in the amount of $4,330,000. EG&S acted as counsel to the Placement Agent.

  • October 28, 2015

    Pyxis Tankers Inc., an international maritime transportation company with a focus on the product tanker sector, announced that it completed its merger with LookSmart, Ltd.  EG&S acted as counsel to Pyxis.

  • October 27, 2015

    SEC to Vote on Final Rules for Crowdfunding this Friday, October 30, 2015. The Securities and Exchange Commission (SEC) will reveal the final rules regarding Title III of the JOBS Act this Friday, October 30th. The long-awaited regulations will mark the completion of the bi-partisan bill that was signed into law over three years ago.

  • October 21, 2015

    Pacific Special Acquisition Corp., a special purpose acquisition corporation, announced the closing of its initial public offering in the amount of $50,000,000.  EG&S acted as U.S. counsel to Pacific.

  • October 21, 2015

    Nxt-ID, Inc. (NASDAQ:NXTD) announced the closing of an underwritten offering of common stock in the amount of $1,050,000.  EG&S acted as counsel to Aegis Capital Corp., the underwriter of the offering.

  • October 21, 2015

    Wafergen Bio-Systems, Inc. announced the closing of their Underwritten offering in the amount of $13,950,000. EG&S acted as a counsel to the Underwriter.

  • October 21, 2015

    Legend Oil and Gas, Ltd. announced the closing of their PIPE offering in the amount of $550,000. EG&S acted as counsel to the Investor.