News & Events

  • December 17, 2012

    Oncosec Medical Inc. announced the closing of their Registered Direct offering in the amount of $7,200,000.  EG&S acted as counsel to the Placement Agent.

  • December 13, 2012

    Nautilus Marine Acquisition Corp. has commenced a Tender Offer for up to 4,137,300 Common Shares, at $10.10 per share, for an aggregate purchase price of $41,786,730, in connection with Nautilus’ acquisition of Assetplus Limited. The Tender Offer commenced on December 7, 2012 and is scheduled to expire, unless extended, on Monday, January 7, 2013.   We acted as counsel to Nautilus during their initial public offering, the tender offer and continue as their counsel.

  • December 12, 2012

    Generex Biotechnology Corporation announced the closing of their Registered Direct offering in the amount of $750,000.  EG&S acted as counsel to the Investor.

  • December 11, 2012

    Ellenoff Grossman & Schole LLP was ranked #1 for placement agent representation in PIPE transactions (by number of transactions) for 2012.

    Click here to view the rankings

  • December 07, 2012

    Cel-Sci Corporation announced the closing of their Registered Direct offering in the amount of $10,500,000.  EG&S acted as counsel to the Placement Agent.

  • December 04, 2012

    Rexahn Pharmaceuticals, Inc. announced the closing of their Underwritten offering in the amount of $7,260,000.  EG&S acted as counsel to the Underwriter.

  • December 03, 2012

    BioDelivery Sciences International, Inc. closed a $40 million registered direct offering to institutional investors of common stock and preferred stock. William Blair and Company, L.L.C acted as sole lead placement agent, and JMP Securities LLC and Roth Capital Partners, LLC acted as co-placement agents. EG&S acted as counsel to BioDelivery Sciences International, Inc.

  • November 30, 2012

    Brazahav Resources, Inc. acquired 98.6% of the stock of Advent Brasil Mineração S.A., which, through a subsidiary, owns the Salinas gold mine in Brazil.  EG&S acted as counsel to Brazahav.
     

  • November 30, 2012

    BeyondTrust Software Inc., a developer of security software, announced the acquisition of 100% of the outstanding stock of Blackbird Group, Inc. and its subsidiaries.  EG&S acted as counsel to the sole stockholder of Blackbird Group, Inc.

  • November 30, 2012

    Ireland Inc. announced the closing of their Registered Direct offering in the amount of $5,782,991.  EG&S acted as counsel to the Placement Agent.

  • November 30, 2012

    Morria Biopharmaceuticals PLC announced the closing of their Registered Direct offering in the amount of $1,503,000.  EG&S acted as counsel to the Placement Agent.

  • November 29, 2012

    United Riverhead Terminal, Inc. announced the closing of its acquisition of an oil storage terminal in Riverhead, NY from Phillips 66 Company.  EG&S acted as counsel to United.

  • November 27, 2012

    T3 Motion, Inc. announced the closing of their PIPE offering in the amount of $4,353,250.  EG&S acted as counsel to the Placement Agent.

  • November 26, 2012

    Arno Therapeutics, Inc. announced the closing of their Registered Direct offering in the amount of $12,000,000.  EG&S acted as counsel to the Investor.

  • November 14, 2012

    ESP Resources, Inc. announced the closing of their PIPE offering in the amount of $1,000,000.  EG&S acted as counsel to the Investor.

  • November 09, 2012

    EG&S is proud to represent BioDelivery Sciences International (BDSI) - the number 1 performing company on the Russell 3,000 year to date.
     

  • November 02, 2012

    CLIENT ALERT

    As most of you already know, the North East was hit by hurricane Sandy earlier in the week.  It has left many without power, flooded, without transportation and with damage to their homes.  At this time, everyone is in the process of recovering, including EG&S.  We are operating efficiently but our phones are down. The best way to reach us is by e-mail, preferably, and by our attorneys' cell phones. 

    And to those of you who also reside in the North East, our hearts go out to you and your families. 

    We appreciate and thank you for your patience during this time.

  • October 24, 2012

    Collabrium Japan Acquisition Corporation (Nasdaq: JACQU) announced the closing of their SPAC IPO in the amount of $40,000,000. EG&S acted as counsel to The PrinceRidge Group LLC, the underwriter of the offering.

  • October 08, 2012

    Trig Acqusition 1, Inc., held an initial closing in the amount of $1,050,000 regarding a best efforts private placement offering of up to $5,000,000. Grandview Capital Partners Inc. acted as placement agent for the offering. Simultaneous with the initial closing of the Offering, Trig Acquisition 1, Inc. also entered into a share exchange agreement whereby it acquired, through a reverse merger, Grilled Cheese Inc. EG&S represented the placement agent in the alternative public offering.

  • October 03, 2012

    RLJ Acquisition Inc. Announces Succesful Completion of its Business Combination

    RLJ Acquisition, Inc., a special purpose acquisition vehicle, announced the closing of its business combination with Image Entertainment, Inc. and Acorn Media Group, Inc., two media content distribution companies, to form RLJ Entertainment, Inc., one of the largest independent global distributors of digital and video content. EG&S acted as counsel to Image’s Special Committee.

    RLJ Companies, October 3, 2012

  • October 01, 2012

    CombiMatrix Corporation announced the closing of their Private Placement offering in the amount of $1,050,875.49.  EG&S acted as counsel to the Investor.

  • October 01, 2012

    Wealth Management Systems Inc. announced the closing of its acquisition of 100% of the equity interests in Archimedes Systems, Inc.  EG&S acted as counsel to Wealth Management.

  • September 14, 2012

    Hemispherx Biopharma, Inc. announced the closing of their At the Market Offering in the amount of $75,000,000.  EG&S acted as counsel to the Selling Agent.
     

  • September 10, 2012

    rVue Holdings, Inc. announced the closing of their  PIPE financing in the amount of $1,200,000 and concurrent conversion of $1,800,000 of debt.  EG&S acted as counsel to rVue.

  • September 05, 2012

    In response to FINRA’s proposed guidelines, Ellenoff Grossman & Schole LLP has submitted the comment letter below.

    Click here to read the comment letter