News & Events

  • May 10, 2013

    LabStyle Innovations Corp. (OTCBB:DRIO) announced the final closing of its PIPE offering in which the company raised gross proceeds of $10,000,000. EG&S acted as counsel to LabStyle.
     

  • May 10, 2013

    Senesco Technologies, Inc. announced the closing of their Registered Direct offering in the amount of $1,255,000. EG&S acted as counsel to the Placement Agent.

  • May 10, 2013

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

  • May 06, 2013

    CombiMatrix Corp. announced the closing of their PIPE offering in the amount of $1,200,000. EG&S acted as counsel to the Investor.

  • April 26, 2013

    Wave Systems Corp. announced the closing of their Registered Direct offering in the amount of $3,170,000. EG&S acted as counsel to the Placement Agent.

  • April 26, 2013

    Superconductor Technologies Inc. announced the closing of their Registered Direct offering in the amount of $2,183,764.. EG&S acted as counsel to the Placement Agent.

  • April 26, 2013

    Staffing 360 Solutions, Inc. consummated and closed the acquisition of 100% of the issued and outstanding stock of The Revolution Group, Ltd., pursuant to a Stock Purchase Agreement dated March 21, 2013, entered into by and among the Staffing 360 Solutions, TRG and the shareholders of TRG, for an aggregate purchase price of $1,665,849, consisting of cash and stock. EG&S acted as counsel to Staffing 360 Solutions, Inc.
     

  • April 19, 2013

    Northwest Biotherapeutics Inc. announced the closing of their Registered Direct offering in the amount of $10,000.001. EG&S acted as counsel to the Placement Agent.

  • April 16, 2013

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

  • April 09, 2013

    Cardium Therapeutics, Inc. announced the closing of their Registered Direct offering in the amount of $2,356,000.  EG&S acted as counsel to the Investor.

  • March 27, 2013

    Vuzix Corporation announced the closing of their PIPE offering in the amount of $800,000. EG&S acted as counsel to the Investor.

  • March 27, 2013

    Douglas S. Ellenoff, a member of the Firm, was invited by NowStreet to participate in Part I of their webinar series, “Capitalizing on Financial Innovation."  The webinar focused on crowdfunding and aimed at properly preparing investors, asset allocators and issuers for the forthcoming Crowdfunding Revolution.

  • March 27, 2013

    Douglas S. Ellenoff, a member of the Firm, was invited by Merrill DataSite to participate in their webinar "JOBS Act: Leveling the Playing Field for Small/Micro-Cap Companies in the Capital Markets."  Topics addressed included: how the JOBS Act redefined the playing field for small and micro-cap companies; which industries and regions present the best opportunities for investment in the small/micro-cap space; what are the financing and venture opportunities currently for start-ups and how has crowd-funding changed the game; what impact will the JOBS Act have on the IPO market in 2013, and what impact will the JOBS Act have on larger companies in the long-term.

  • March 27, 2013

    Krinos Foods LLC closed a $6,000,000 revolving loan with Provident Bank.  EG&S acted as counsel to Krinos.

  • March 20, 2013

    CombiMatrix Corp. announced the closing of their Registered Direct offering in the amount of $2,006,900. EG&S acted as counsel to the Investor.

  • March 15, 2013

    ARI Network Services, Inc. announced the closing of their PIPE offering in the amount of $4,800,000. EG&S acted as counsel to the Investor.

  • March 14, 2013

    Park City Group, Inc. announced the closing of their PIPE offering in the amount of $1,100,001. EG&S acted as counsel to the Placement Agent.

  • March 13, 2013

    Wave Systems Corp. announced the closing of their PIPE offering in the amount of $1,000,000. EG&S acted as counsel to the Placement Agent.

  • March 07, 2013

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

  • March 05, 2013

    Tribute Pharmaceuticals Canada Inc. announced the closing of their PIPE offering in the amount of $895,000.  EG&S acted as counsel to the Placement Agent.

  • February 27, 2013

    Oxygen Biotherapeutics Inc. announced the closing of their PIPE and Registered Direct offering in the amount of $2,100,000.  EG&S acted as counsel to the Placement Agent.

  • February 27, 2013

    Tribute Pharmaceuticals Canada Inc. announced the closing of their PIPE offering in the amount of $3,375,000.  EG&S acted as counsel to the Placement Agent.

  • February 26, 2013

    Celsion Corporation announced the closing of their Registered Direct offering in the amount of $15,000,004.  EG&S acted as counsel to the Placement Agent.

  • February 22, 2013

    Provectus Pharmaceuticals, Inc. announced the closing of their PIPE offering in the amount of $2,550,000. EG&S acted as counsel to the Investor.

  • February 20, 2013

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