News & Events

  • April 11, 2019

    B. Riley Principal Merger Corp. announced the closing of its initial public offering in the amount of $125,000,000.  EG&S acted as counsel to the underwriter.

  • April 10, 2019

    23 Restaurant Holdings, LLC, which operates restaurants under the licensed brand “Ford’s Garage”, has been conducting a multi-closing, $30,000,000 - maximum Regulation D capital raising on M-Vest, the online platform that is a division of Maxim Group LLC. EGS is acting as counsel to Maxim Group, LLC.

  • April 04, 2019

    Powerbridge Technologies Co., Ltd. announced the closing of its initial public offering in the amount of $8,750,000.  EG&S acted as counsel to the underwrites Maxim Group LLC and The Benchmark Company, LLC.

  • March 22, 2019

    Insurance Acquisition Corp. announced the closing of its iniital public offering in the amount of $150,650,000.  EG&S acted as counsel to the underwriter.

  • March 21, 2019

    The owner of a 665+ key hotel in Manhattan closed on a $200 Million permanent mortgage loan from Wells Fargo Bank (taking out expiring senior and mezzanine construction loan debt) . The EGS Real Estate Group led by partner Michael Dinowitz and colleagues Melanie Chieu, Michelle Greenberg and Socrates Xanthopoulos represented the owner/borrower in this transaction.

  • March 19, 2019

    Biocept, Inc. announced the closing of a registered direct offering and concurrent private placement for gross proceeds of approximately $8,200,000. EG&S acted as counsel to Maxim Group LLC, the lead placement agent in the transaction.

  • March 14, 2019

    Trine Acquisition Corp. announced the closing of its initial public offering in the amount of $261,000,000.  EG&S acted as counsel to Trine.

  • March 13, 2019

    Amanda M. Fugazy, a member of the Firm, will participate in a seminar on April 9, 2019 titled: Hospitality Seminar: What’s Trending in Wage and Hour Claims - Identifying Common Violations and Implementing Best Practices to Avoid Future Losses.  The seminar will discuss wage and hour claims (which are rapidly increasing for hospitality employers and can be triggered by any number of complaints), including pay discrepancies and employee misclassifications.  And much more.

    Click here to register.

  • March 08, 2019

    Hemispherx Biopharma, Inc. announced the closing of a fully marketed rights offering of units consisting of shares of Series B Convertible Preferred Stock and warrants for gross proceeds of approximately $5,300,000. EG&S acted as counsel to Maxim Group LLC, the dealer manager in the transaction.

  • March 07, 2019

    OurCrowd, one of the largest investment crowdfunding platform in the world, and the largest in Israel, has topped $1 billion in funding raised. The online investment platform has provided growth capital to 170 individual firms and 18 different funds in the six years since the platform launch.  Alongside the milestone funding amount, OurCrowd has reported 29 separate exits for firms that have raised capital via their site.  EG&S continues to serve as counsel to OurCrowd.

  • March 07, 2019

    Xenetic Biosciences, Inc. announced the closing of a registered direct offering and concurrent private placement for gross proceeds of approximately $3,100,000. EG&S acted as counsel to Maxim Group LLC, the placement agent in the transaction.

  • March 07, 2019

    Tuscan Holdings Corp. announced the closing of its initial public offering in the amount of $240,000,000.  EG&S acted as counsel to the underwriter.

  • March 05, 2019

    A pair of developers behind a high-end condominium project in Queens has secured a $65 million construction loan from CIT Bank and Naftali Credit Partners.  EG&S represented the sponsor/borrower in this financing.

  • March 04, 2019

    DiamondPeak Holdings Corp. announced the closing of its initial public offering in the amount of $250,000,000.  EG&S acted as counsel to DiamondPeak.

  • March 01, 2019

    Hennessy Capital Acquisition Corp. IV announced the closing of its initial public offering in the amount of $261,000,000.  EG&S acted as counsel to Hennessy.

  • February 26, 2019

    Adial Pharmaceuticals announced the closing of its underwritten public offering in the amount of $9,200,000.  EG&S acted as counsel to the he book-running manager.

  • February 21, 2019

    David A. Gehn, a member of the Firm, was invited by Mindy Diamond of Diamond Consultants to contribute to a podcast by sharing his experience in working with advisors through non-Protocol moves, the challenges of terminations and other contractual matters that can arise even before you consider a move.

    Cick here to listen to the podcast.

  • February 21, 2019

    Acamar Partners Acquisition Corp. announced the closing of its initial public offering in the amount of $300,000,000.  EG&S acted as counsel to Acamar.

  • February 13, 2019

    Ilan Wieser, an Associate of the Firm, wrote an important article on a “come back” area of liability for food service establishments charging service or administrative fees. 

    Click here to read the article.

  • February 06, 2019

    2018 was an extraordinary year for Ellenoff Grossman & Schole.  All of our 11 practice areas experienced increased growth.

    Click here to read our 2018 year-end review.

  • February 06, 2019

    Monocle Acquisition Corporation announced the closing of its initial public offering in the amount of $150,000,000.  EG&S acted as counsel to the underwriter.

  • February 04, 2019

    Paul Rooney, a member of the Firm, wrote an article on why it is more important for restaurants than other businesses to stop inappropriate behavior — because high employee turnover makes it far more likely that every termination will tee up a retaliation claim.

    Click here to read the article.

  • January 31, 2019

    Pivotal Acquisition Corp. announced the closing of its initial public offering in the amount of $200,000,000.  EG&S acted as counsel to the underwriter.

  • January 30, 2019

    FINRA recently posted their annual Risk Monitoring and Examination Priorities Letter. As part of the letter, FINRA stated they would be evaluating how firms conduct suitability analyses as well as communications and AML requirements for both Reg D 506c and Reg A+ offerings. These two exemptions are widely used by crowdfunding platforms that solicit US investors.

    Crowdfundinsider.com contacted Douglas S. Ellenoff, a member of the Firm for his perspective on this.  Click here to read the article.

  • January 28, 2019

    Andina Acquisition Corp. III announced the closing of its initial public offering in the amount of $100,000,000.  EG&S acted as counsel to the underwriter.