News & Events

  • 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.
     

  • October 28, 2011

    Ensurge Inc. announced the closing of their private placement in the amount of $1,210,000.00. EG&S acted as counsel to the Placement Agent.

  • October 26, 2011

    Eric S. Weinstein, a Member of the Firm, was invited by American Conference Institute to speak at their 7th National Forum on Assessing the Impact of the Usual (and Not So Usual) Mortgage Fraud Cases, Including the Upswing in Claims Involving Loan Modifications and Foreclosure Rescue Groups.

    Click here to view the power point presentation

  • October 26, 2011

    Zoom Technologies, Inc. a leading China-based manufacturer of mobile phones and related products, announced that Spreadtrum Communications, Inc. a leading semiconductor provider in China with advanced technology in both 2G and 3G wireless communications standards, has partnered with Zoom Technologies to pursue new business opportunities in overseas markets. In tandem, Spreadtrum has purchased an 8.3% stake in Zoom Technologies. EG&S acted as counsel to Zoom.

  • October 25, 2011

    Bluff Point Associates Corp. announced the purchase of 79.5% of Center for Fiduciary Studies, LLC  (“CFS”) and Fiduciary Analytics, LLC (“FA”) for the amount of $11.5 million. Following the purchase CFS and FA were combined and renamed fi360 Inc. EG&S represented Bluff Point Associates Corp.
     

  • October 19, 2011

    Rosetta Genomics Ltd. announced the closing of their PIPE in the amount of $1,518,750.50. EG&S acted as counsel to the Placement Agent.
     

  • October 13, 2011

    Authentidate Holding Corp. announced the closing of their registered direct offering in the amount of $4,112,499.  EG&S acted as counsel to the Co-Placement Agent.
     

  • October 13, 2011

    Zoom Technologies, Inc., a leading China-based manufacturer of mobile phones and related products, announced it has signed a definitive agreement to acquire a 55% share of Portables Unlimited LLC, one of the largest exclusive wholesale distributors of T-Mobile products in the United States. This strategic acquisition is the first of its kind for a China-based handset manufacturer to join forces with a US cellular distributor, allowing ZOOM distribution capability in the US market. EG&S acted as counsel to Zoom.

  • October 06, 2011

    Cel-Sci Corporation announced the closing of their registered direct offering in the amount of $4,000,000.  EG&S acted as counsel to the Placement Agent.
     

  • October 04, 2011

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

    Click here to view the rankings
     

  • September 28, 2011

    Westinghouse Solar, Inc. announced the closing of their registered direct offering in the amount of $400,000. EG&S acted as counsel to the Investor.
     

  • September 26, 2011

    Search funds are finally gaining traction in Canada, buoyed by American investor interest in Canadian small businesses. For those who have never heard of them, search funds are buyout vehicles. However, rather than the typical private equity model, in which a fund buys a big company, gets a seat on its board and then restructures the firm, search funders assume...
     

  • September 08, 2011

    Ardent Mines Limited announced the closing of their private placement in the amount of $1,000,000.00. EG&S acted as counsel to the Placement Agent.

  • August 19, 2011

    Westinghouse Solar, Inc. announced the closing of their registered direct offering in the amount of $1,000,000.00. EG&S acted as counsel to the Investor.

  • July 27, 2011

    Alamo Energy Corp. announced the closing of their private placement of convertible debentures and warrants in the amount of $1,114,000. EG&S acted as counsel to the Placement Agent.

  • July 21, 2011

    Douglas S. Ellenoff and Stuart Neuhauser, members of the Firm, led a SPAC panel moderated by Rothstein Kass on how SPACs are benefiting the private equity industry.

    Click here to view the presentation

  • July 20, 2011

    Nautilus Marine Acquisition Corp. announced the closing of their initial public offering in the amount of $48,000,000.  EG&S acted as counsel to Nautilus.

  • July 20, 2011

    Blue Wolf Mongolia Holdings Corp. announced the closing of their initial public offering in the amount of $80,500,000. EG&S acted as counsel to Blue Wolf.

  • July 19, 2011

    Douglas S. Ellenoff, a member of the Firm, was invited by Deal Flow Media to open their 2011 SPAC Conference with opening remarks on the state of the SPAC market.

    Click here to listen to the audio