News & Events

  • September 09, 2013

    Future Health of America announced the closing of their PIPE offering in the amount of $1,010,000.  EG&S acted as counsel to the Investor.

  • September 06, 2013

    Amarantus Bioscience Holdings Inc. announced the closing of their PIPE offering in the amount of $5,555,550.  EG&S acted as counsel to the Investor.

  • August 30, 2013

    Thing Daemon, Inc., which owns and operates the social commerce website Fancy, successfully raised $60 million through a private placement of its Series C Preferred Stock to accredited investors. EG&S acted as counsel to Thing Daemon, Inc.

  • August 29, 2013

    Quadrant 4 Systems Corporation announced the closing of their PIPE offering in the amount of $1,128,107.  EG&S acted as counsel to the Investor.

  • August 29, 2013

    Boldface Group, Inc. announced the closing of their PIPE offering in the amount of $616,000.  EG&S acted as counsel to the Investor.

  • August 21, 2013

    Genspera Inc. announced the closing of their PIPE offering in the amount of $5,000,032.  EG&S acted as counsel to the Placement Agent.

  • August 21, 2013

    Mandalay Digital Group, Inc. announced the closing of their Underwritten offering in the amount of $11,220,000.  EG&S acted as counsel to the Placement Agent.

  • August 20, 2013

    China Commercial Credit, Inc. (NASDAQ: CCCR) announced it has closed its initial public offering in the amount of $8,905,000. EG&S acted as counsel to China Commercial Credit.

  • August 19, 2013

    Amarantus Bioscience Holdings Inc. announced the closing of their PIPE offering in the amount of $652,683.  EG&S acted as counsel to the Investor.

  • August 15, 2013

    Quinpario Acquisition Corp. (QPACU), announced the closing of its initial public offering in the amount of $172,500,000. EG&S LLP acted as counsel to Quinpario.

  • August 13, 2013

    Northwest Biotherapeutics Inc. announced the closing of their Registered Direct offering in the amount of $13,502,501.  EG&S acted as counsel to the Investor.

  • August 13, 2013

    OCZ Technology Group, Inc. announced the closing of their PIPE offering in the amount of $13,098,500.  EG&S acted as counsel to the Issuer.

  • August 09, 2013

    Superconductor Technologies Inc. announced the closing of their Underwritten offering in the amount of $12,000,000.  EG&S acted as counsel to the Underwriter.

  • August 06, 2013

    ParkerVision, Inc. announced the closing of their PIPE offering in the amount of $13,989,976.  EG&S acted as counsel to the Placement Agent.

  • July 30, 2013

    Aeterna Zentaris, Inc. announced the closing of their Registered Direct offering in the amount of $7,800,000.  EG&S acted as counsel to the Placement Agent.

  • July 29, 2013

    Box Ships Inc. (NYSE:TEU) announced the closing of a public offering of 558,333 shares of its newly designated 9.00% Series C Cumulative Redeemable Perpetual Preferred Stock for gross proceeds of $13.4 million. EG&S acted as counsel to the underwriters of the public offering.
     

  • July 23, 2013

    Oxygen Biotherapeutics Inc. announced the closing of their Registered Direct offering in the amount of $5,369,000.  EG&S acted as counsel to the Placement Agent.

  • July 19, 2013

    Netlist, Inc. announced the closing of their Registered Direct offering in the amount of $1,000,000.  EG&S acted as counsel to the Investor.

  • July 18, 2013

    Cardium Therapeutics announced the closing of their Registered Direct offering in the amount of $1,656,000.  EG&S acted as counsel to the Placement Agent.

  • July 15, 2013

    Vuzix Corporation announced the closing of their PIPE offering in the amount of $200,000.  EG&S acted as counsel to the Investor.

  • July 11, 2013

    Legend Oil and Gas, Ltd. announced the closing of their PIPE offering in the amount of $1,008,000.  EG&S acted as counsel to the Investor.

  • July 10, 2013

    Client Alert 

    SEC VOTES TO LIFT BAN ON GENERAL SOLICITATION FOR
    CERTAIN PRIVATE OFFERINGS

    The Securities and Exchange Commission voted today to eliminate the prohibition on general solicitation and general advertising for certain private offerings and sales solely to "accredited investors" conducted pursuant to new Rule 506(c) of Regulation D and Rule 144A under the Securities Act of 1933 (the "Securities Act"), as mandated by Section 201(a) of the Jumpstart Our Business Startups Act (the “JOBS Act”). The Commission also adopted rules to disqualify "felons and other 'bad actors'” from participating in certain securities offerings as mandated by Section 926 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”). In conjunction with the new rule, the Commission approved a rule proposal requiring issuers to provide additional information about these securities offerings to enhance the SEC's ability to "evaluate changes in the market and to address the development of practices" in Rule 506(c) offerings.

    The final rule amendments become effective 60 days after publication in the Federal Register. The rule proposals will undergo a 60-day public comment period following publication in the Federal Register.

  • July 08, 2013

    BioDelivery Sciences International, Inc. (NASDAQ:BDSI) obtained a $20 million secured loan from an affiliate of MidCap Financial, LLC. EG&S acted as counsel to BDSI.

  • July 02, 2013

    Ellenoff Grossman & Schole LLP was ranked #1 for placement agent representation in PIPE transactions (by number of transactions) for 2013 year to date.

    Click here to view the rankings

  • June 28, 2013

    Stevia First Corp. announced the closing of their Registered Direct offering in the amount of $1,250,000.  EG&S acted as counsel to the Placement Agent.