News & Events

  • January 04, 2012

    Ellenoff Grossman & Schole LLP was ranked #1 for placement agent representation in PIPE transactions (by number of transactions) for 2011.

    Click here to view the rankings

  • December 30, 2011

    AspenBio Pharma, Inc. announced the closing of their registered direct offering in the amount of $1,637,100.  EG&S acted as counsel to the Placement Agent.
     

  • December 28, 2011

    Oculus Innovative Sciences, Inc. announced the closing of their registered direct offering in the amount of $2,081,100.  EG&S acted as counsel to the Placement Agent.
     

  • December 28, 2011

    Quadrant 4 Systems Corporation announced the closing of their private placement in the amount of $800,000.  EG&S acted as counsel to the Investor.
     

  • December 27, 2011

    Catasys, Inc. announced the closing of their registered direct offering in the amount of $974,999. EG&S acted as counsel to the Placement Agent.
     

  • December 21, 2011

    StemCells, Inc. announced the closing of their underwritten public offering in the amount of $10,000,000. EG&S acted as counsel to the Underwriter.
     

  • December 13, 2011

    PhotoMedex, Inc., a NASDAQ listed company, and Radiancy, Inc., a private Delaware company,  announced the completion of their merger.  Pursuant to the merger, the former stockholders of Radiancy received shares of Photomedex valued on the date of closing at approximately $235 million and collectively own approximately 75% of PhotoMedex, Inc. following the merger. Radiancy became a majority-owned subsidiary of PhotoMedex. EG&S acted as counsel to Radiancy.

  • December 13, 2011

    Cell Therapeutics Inc. announced the closing of their registered direct in the amount of $20,000,000. EG&S acted as counsel to the Placement Agent.

  • December 07, 2011

    Capitol C Holdings LLC announced the completion of its refinancing of senior secured debt with NCB, FSB.  EG&S acted as counsel to Capitol C Holdings.

  • December 06, 2011

    Celsion Corporation announced the closing of their PIPE offering in the amount of $15,000,00.  EG&S acted as counsel to the Placement Agent.
     

  • November 23, 2011

    IceWEB, Inc. announced the closing of their private placement in the amount of $1,750,000.00. EG&S acted as counsel to the Placement Agent.
     

  • November 16, 2011

    Adventrx Pharmaceuticals, Inc. (AMEX: ANX) announced the completion of its underwritten public offering of common stock and warrants in the amount of $17,000,000.  EG&S acted as counsel to the underwriter.

  • November 16, 2011

    Bluff Point Associates Corp. announced the acquisition of a controlling interest in Connexin Software, Inc. of Connexin Software, Inc. for the amount of $6,375,000. EG&S acted as counsel to Bluff Point Associates Corp.

  • November 14, 2011

    InvestLink Technologies, LLC announced the sale of Interests to Aspire Financial Services, LLC. EG&S acted as counsel to the principals of InvestLink Technologies, LLC.
     

  • November 08, 2011

    Bluff Point Associates acquired majority ownership of fi360 Inc., a leading provider of educational training programs, professional designations and analytical and reporting technology for fiduciaries and financial service providers. EG&S acted as counsel to Bluff Point Associates.

  • November 08, 2011

    Thing Daemon, Inc., which owns and operates social media websites including theFancy.com, raised $10 million in private equity funding from a group of investors led by an affiliate of PPR, S.A. PPR is a global conglomerate of luxury brands including Gucci, Bottega Veneta and Yves Saint Laurent. EG&S acted as counsel to Thing Daemon.

  • November 08, 2011

    Pressure Biosciences, Inc. announced the closing of their registered direct in the amount of $842,999.95. EG&S acted as counsel to the Placement Agent.

  • November 08, 2011

    Ellenoff Grossman & Schole LLP represented affiliates of The Pyramid Companies in connection with the refinance of mortgage loans encumbering two of Pyramid’s larger retail centers: Palisades Center in West Nyack, New York, and Poughkeepsie Galleria Mall in Poughkeepsie, New York.

    The $525 Million Dollar and $176 Million Dollar mortgage and mezzanine loans on the Palisades Center and Poughkeepsie Galleria Mall, respectively, were separate transactions with major institutional lenders, and closed concurrently on the same day. 

    Click here to view complete details of the transaction

  • November 07, 2011

    Nevada Gold & Casinos, Inc. announced the closing of their registered direct in the amount of $4,332,326.55. EG&S acted as counsel to the Placement Agent.
     

  • November 07, 2011

    Access Pharmaceuticals, Inc. announced the closing of their registered direct in the amount of $5,335,002.10. EG&S acted as counsel to the Placement Agent.
     

  • November 03, 2011

    Allen Schole, a member of the Firm, was a presenter of a workshop at the 2011 ICSC U.S. Shopping Center Law Conference held on October 26-28, 2011 in Phoenix, Arizona. The workshop focused on the landlord's and the tenant's perspectives on the conditions to delivery of possession of premises that are typically negotiated in a shopping center lease.

  • November 01, 2011

    Rodman & Renshaw Capital Group announced the closing of their PIPE in the amount of $6,650,000.00. EG&S acted as counsel to the issuer.
     

  • October 31, 2011

    Advaxis Inc. announced the closing of their PIPE in the amount of $1,977,500.00. EG&S acted as counsel to the Placement Agent.
     

  • October 31, 2011

    Committed Capital represents the first funded non-traditional SPAC, blind pool, modeled after the UK cash shell. To consummate a business combination, Committed only requires board approval. It doesn't require any SEC review of the transaction prior to close and shareholders do not vote on the proposed deal nor do they have the right to the return of their capital except in the event that no business combination is identified and closed within 21 (or 24 under certain circumstances) months. As in the UK blind pools, management commits to invest at the IPO price adding additional capital to the cash shell.  EG&S acted as counsel to the underwriters.

  • October 28, 2011

    Spherix Incorporated announced the closing of their PIPE in the amount of $1,259,502.04. EG&S acted as counsel to the Placement Agent.