News & Events

  • June 03, 2011

    IntelGenx Technologies Corp. announced that it has entered into a definitive securities purchase agreement with institutional investors for the issuance and sale in a private placement transaction in the amount of $1,600,000. EG&S acted as counsel to the Placement Agent.

  • May 18, 2011

    Saul H. Finkelstein, a member of the Firm, participated in a webinar with Igor Kirman, a partner at Wachtell, Lipton, Rosen & Katz on M&A confidentiality agreements. The webinar prepared deal counsel to negotiate M&A confidentiality agreements. The panel reviewed the latest legal developments with non-disclosure agreements, examined the key elements of the agreement, and offered negotiation strategies for sellers and buyers.

  • May 18, 2011

    PeopleString Corporation (OTC.BB:PLPE), a leading social portal and social coupon platform, announced that it has entered into definitive agreements with institutional investors to purchase $1.2 million of securities in a private placement transaction. EG&S acted as counsel to the Placement Agent.

  • May 12, 2011

    Advaxis, Inc., (OTCBB: ADXS), has entered into a definitive convertible notes purchase agreement with certain accredited investors, for the purchase of the aggregate principal value of approximately $7.1 million of convertible promissory notes for an aggregate purchase price of approximately $6.0 million. EG&S acted as counsel to the Placement Agent.

  • May 12, 2011

    Dataram Corporation (NASDAQ:DRAM), has entered into a definitive agreement to sell $3.3 million of its common stock and warrants to institutional investors in a registered direct offering. EG&S acted as counsel to the Placement Agent.

  • May 11, 2011

    Bioanalytical Systems, Inc. announced the closing of a registered public offering of $5.5 million of units, comprised of 6% Series A Convertible Preferred Shares and Warrants to purchase common shares. EG&S acted as counsel to the Placement Agent.
     

  • May 10, 2011

    SMG Indium Resources, Ltd. announced the closing of its initial public offering for gross proceeds of $24,000,000. EG&S acted as counsel to SMG.

  • May 09, 2011

    We are pleased to announce that Benjamin S. Reichell has joined our Firm's corporate practice group as Partner.  Prior to joining EG&S, Mr. Reichel was a partner at a number of law firms, including Haynes and Boone, LLP and Olshan Grundman Frome Rosenzweig & Wolosky LLP.

    Click here to view his Announcement

  • May 05, 2011

    57th Street General Acquisition Corp. (OTCBB: SQTC) and Crumbs Holdings LLC, the largest US-based retailer of cupcakes, which operates under the name Crumbs Bake Shop, jointly announced that they have closed on their business combination. EG&S acted as counsel to 57th Street.

  • May 05, 2011

    Jennifer S. Silverman, a member of the Firm, was quoted in the article "Rainmaking Tips for Women: A Primer."  In the article, several women partners share tips on rain making success. It was published in the Winter 2011 issue of The Woman Advocate, a publication of the American Bar Association’s Section of Litigation.

     

    Click here to view the article

  • May 05, 2011

    Four Rivers BioEnergy Inc. agreed to terms of a financing (staged to be funded in two separate tranches) in an amount up to $5,000,000 of Senior Secured Convertible Debentures. EG&S represented the lead investor.

  • May 02, 2011

    Ellenoff Grossman & Schole LLP is pleased to announce that effective May 1st, 2011, the attorneys of Weinstein Smith have joined our Firm.  Please visit our attorney profiles to familiarize yourself with our new colleagues.

  • April 18, 2011

    Global Cornerstone Holdings Limited, a newly-organized blank check company, announced the closing of its initial public offering for gross proceeds of $80,000,000.  EG&S acted as counsel to Global Cornerstone. 

  • April 18, 2011

    SCG Financial Acquisition Corp., a newly-organized blank check company, announced the closing of its initial public offering for gross proceeds of $80,000,000. EG&S acted as counsel to SCG Financial.

  • April 14, 2011

    Ellenoff Grossman & Schole LLP and Weinstein Smith LLP are pleased to announce that the attorneys of Weinstein Smith LLP will be joining Ellenoff Grossman & Schole LLP effective as of May 1, 2011. Weinstein Smith is nationally recognized as one of the leading firms representing investment banks and institutional investors in private equity transactions of all types, including registered direct and confidentially marketed public offerings (CMPO) transactions, PIPES (private investment in public equities) and equity lines of credit, as well as more traditional underwritten public offerings.

    Click here to view the press release

  • April 08, 2011

    Capital Gold Corporation (AMEX:CGC) announced the closing of its $420-million friendly merger with Gammon Gold Inc. (NYSE:GRS). More than 82 percent of Capital Gold’s shareholders voted, of which close to two-thirds voted in favor of the transaction. To close the transaction with Gammon Gold, Capital Gold successfully defended against a hostile takeover attempt by a rival mining company. EG&S acted as counsel to Capital Gold Corporation.

  • March 30, 2011

    AutoChina International Limited announced the completion of their registered direct offering of common stock in the amount of $70,000,000.  EG&S acted as counsel to the Placement Agent.*

     

    *Transaction was closed while members of the Firm were with Weinstein Smith LLP.

  • March 11, 2011

    BioDelivery Sciences International, Inc. (NASDAQ:BDSI) announced the closing of  their $15,000,000 private investment in public equity (PIPE) financing with institutional investors. EG&S acted as counsel to BDSI.
     

  • March 09, 2011

    BioSante Pharmaceuticals, Inc. announced the completion of their registered direct offering of common stock in the amount of $25,146,792.  EG&S acted as counsel to the Placement Agent.*

     

     *Transaction was closed while members of the Firm were with Weinstein Smith LLP.

  • March 01, 2011

    Swisher Hygiene, Inc. announced the acquisition of Choice Environmental Services, Inc., a Fort Lauderdale, Florida based residential and commercial solid waste services company, by way of a statutory merger involving a wholly-owned subsidiary of Swisher Hygiene. Swisher Hygiene contemporaneously concluded a private placement for aggregate gross proceeds of $58,246,875 (Canadian). EG&S acted as counsel to Broadband Capital Management LLC.

  • February 28, 2011

    We are pleased to announce that Asher S. Levitsky has joined our Firm's corporate practice group as Of-Counsel.  He joins the Firm from Sichenzia Ross Friedman Ference LLP.

    Click here to view his Announcement

  • February 18, 2011

    CityRover Media, Inc. announced the launch of a new venture called CityRover Walks. Walks are guided walking tours of New York that help locals and tourists alike discover the real New York and what makes it the greatest city on Earth. The four Walks itineraries are packed with history, trivia, stories of jealousy, murder, fortune, fame, intrigue, risk-taking and rivalry. What sets CityRover Walks apart from other guided tours are rest stops at authentic New York establishments and the option to book a private walking tour accompanied by a professional photographer. CityRover Walks are located at http://cityroverwalks.com/.

    The Firm represented CityRover Media in all aspects of establishing the CityRover Walks venture, including its corporate structure and its plan for conducting and promoting the business online.

  • February 09, 2011

    Greyhound Commissary, Inc. (OTCBB:GHND) consummated a share exchange transaction and concurrent US $7.67 million private placement pursuant to which it acquired the parent company of Guangzhou Tanke Industry Co., Ltd., a PRC government certified high tech company that is engaged in the development, manufacturing and distribution of environmentally-friendly feed additive products. EG&S acted as counsel to Euro Pacific Capital, Inc., the lead placement agent for the private placement.
     

  • February 04, 2011

    SulphCo, Inc. announced the completion of their registered direct offering of common stock in the amount of $2,000,000.  EG&S acted as counsel to the Investor.*

     

    *Transaction was closed while members of the Firm were with Weinstein Smith LLP.

  • January 31, 2011

    Targeted Medical Pharma, Inc. announced the completion of their reverse merger with AFH Acquisition III, Inc.  EG&S acted as counsel to Targeted Medical.