News & Events

  • November 08, 2013

    First Choice Healthcare Solutions, Inc. announced the closing of their Registered Direct offering in the amount of $2,000,000. EG&S acted as counsel to the Investor.

  • November 07, 2013

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

  • November 04, 2013

    Staffing 360 Solutions, Inc. consummated and closed the acquisition of 100% of the issued and outstanding stock of Control Solutions International, Inc., a Florida corporation pursuant to a Stock Purchase Agreement dated August 14, 2013 by and among Staffing 360 Solutions, NewCSI, Inc., a Delaware corporation, and the shareholders of NCSI, for an aggregate purchase price of $530,300.93, consisting of cash and stock. EG&S acted as counsel to Staffing 360 Solutions, Inc.

  • October 31, 2013

    MELA Sciences, Inc. announced the closing of their Registered Direct offering in the amount of $6,000,000.  EG&S acted as counsel to the Placement Agent.

  • October 24, 2013

    DARA BioSciences, Inc. announced the closing of their Registered Direct offering in the amount of $2,550,000.  EG&S acted as counsel to the Placement Agent.

  • October 23, 2013

    Uranium Energy Corp. announced the closing of their Registered Direct offering in the amount of $7,100,003.  EG&S acted as counsel to the Placement Agent.

  • October 22, 2013

    CorMedix Inc. announced the closing of their Registered Direct offering in the amount of $1,500,000.  EG&S acted as counsel to the Investor.

  • October 18, 2013

    Aplifi, Inc., a leading provider of products that streamline the selling and maintenance of insurance products, was sold to Internet Pipeline, Inc. a provider of software tools to the insurance industry. Aplifi was a portfolio company of Bluff Point Associates Corp. EG&S acted as counsel to Aplifi and its shareholders.

  • October 17, 2013

    Douglas S. Ellenoff, a member of the Firm, was invited by The University of California, Berkeley, to participate in an international academic conference on crowdfunding titled "Crowdfunding; Setting the Research Agenda."  UC researchers are interested in crowdfunding — particularly in the wake of the federal Jumpstart Our Business Start-ups Act, which relaxed some rules on how companies can ask for equity investments. Richard Swart, who leads crowdfunding research at Cal’s Fung Institute for Engineering Leadership, which is hosting the symposium, said part of the focus on the conference will be on “mechanisms to protect new investors.”

  • October 16, 2013

    Rexahn Pharmaceuticals, Inc. announced the closing of their Registered Direct offering in the amount of $5,300,000.  EG&S acted as counsel to the Placement Agent.

  • October 15, 2013

    Ellenoff Grossman & Schole LLP recently served as counsel to a registered closed-end management investment company in a proxy contest with an activist shareholder group.

  • October 14, 2013

    Douglas S. Ellenoff, a member of the Firm, was invited to sponsor and participate in the 2nd Annual Global Crowdfunding Convention and Bootcamp in Las Vegas, NV. This convention, like no other, offered entrepreneurs and small business owners from across all industries a place to learn the necessary skills and knowledge to launch a successful crowdfunding campaign from the world's leading experts. Mr. Ellenoff participated in several panels: Equity Crowdfunding; The Role of Social Media and Investor Protection; Changes to Rule 506 of Regulation D; and the fear of fraud.

  • October 11, 2013

    Cel-Sci Corporation announced the closing of their Underwritten offering in the amount of $17,826,087.  EG&S acted as counsel to the Underwriter.

  • October 09, 2013

    Box Ships, Inc. (NYSE:TEU) closed an $8.2 million underwritten follow on offering of its publicly traded Series C Preferred Stock. EG&S acted as counsel to the underwriters.

  • October 02, 2013

    Amarantus Bioscience Holdings Inc. announced the closing of their PIPE offering in the amount of $444,444.  EG&S acted as counsel to the Investor.

  • October 01, 2013

    Richard I. Anslow joins EG&S as a Member in its Corporate and Securities Practice.

    Click here to read his announcement
     

  • September 30, 2013

    Wealth Management Systems Inc. (WMSI), a leading provider of technology-based rollover services and financial planning tools in the retirement services industry, acquired S&P Capital IQ’s Financial Communications (FC) business. WMSI is a portfolio company of Bluff Point Associates Corp. EG&S acted as counsel to WMSI.

  • September 27, 2013

    Rare Element Resources Ltd. announced the closing of their Registered Direct offering in the amount of $8,000,000.  EG&S acted as counsel to the Placement Agent.

  • September 25, 2013

    Aspen Group Inc. announced the closing of their PIPE offering in the amount of $2,240,000.  EG&S acted as counsel to the Investor.

  • September 24, 2013

    Neurotrope, Inc. announced the closing of their reverse merger in the amount of $21,900,000.  EG&S acted as counsel to Neurotrope.

  • September 23, 2013

    Bill Peterson joins EG&S as a Member in its Broker-Dealer Regulation and Corporate and Securities Practices.

    Click here to read his announcement

  • September 23, 2013

    Agenus Inc. announced the closing of their Registered Direct offering in the amount of $10,000,000.  EG&S acted as counsel to the Placement Agent.

  • September 23, 2013

    Oxigene Inc. announced the closing of their PIPE offering in the amount of $5,800,000.  EG&S acted as counsel to the Placement Agent.

  • September 19, 2013

    MicroVision, Inc. announced the closing of their Registered Direct offering in the amount of $564,000.  EG&S acted as counsel to the Placement Agent.

  • September 18, 2013

    Oncosec Medical Inc. announced the closing of their Registered Direct offering in the amount of $11,948,000.  EG&S acted as counsel to the Placement Agent.