News & Events

  • May 30, 2007

    Vantage Energy Services, Inc. announced the closing of the company's initial public offering. Vantage sold 30,000,000 Units raising $240,000,000. EG&S acted as counsel to Vantage.

  • May 30, 2007

    TransTech Services Partners Inc. announced the closing of the company's initial public offering. TransTech sold 8,000,000 Units raising $36,000,000. EG&S acted as counsel to the underwriters.

  • May 30, 2007

    HD Partners Acquisition Corporation and the National Hot Rod Association ("NHRA"), the world's preeminent drag racing organization, today announced the signing of a definitive agreement under which HD Partners will acquire all of NHRA's professional racing assets, including the NHRA POWERade Drag Racing series, together with a broad set of rights to commercialize the NHRA brand. EG&S is securities counsel to HD Partners.

  • May 22, 2007

    MG Colorado Holdings, Inc. completed its acquisition of Series C Convertible Preferred Stock of Prima Capital Holding Inc. The transaction was valued at $6,000,000. EG&S acted as counsel to MG Colorado Holdings, Inc.

  • May 21, 2007

    Eden L. Rohrer participated in the 4th Annual Broker/Dealer Forum on Resolving Customer Claims, Business Defenses and Advocacy Tactics in Arbitration and Mediation, sponsored by the American Conference Institute (ACI). Ms. Rohrer spoke on the Preventing and Responding to Claims of Unsuitability and Unauthorized Trading panel.

  • May 21, 2007

    Boulder Specialty Brands announced the consummation of its acquisition of GFA Holdings/Smart Balance in a transaction valued in excess of $465,000,000. As part of the transaction, Boulder completed a simultaneous PIPE (consisting of a Common Stock and Preferred Stock Component) in the amount of $245,000,000. EG&S acted as co-counsel to Boulder.

  • May 01, 2007

    Accurel, a subsidiary of Implant Sciences sold its assets for approximately $13M. We represented the seller and continue to represent Implant Sciences.

  • April 25, 2007

    Pinpoint Advance Corp. announced the closing of the Company's initial public offering. PinPoint sold 2,500,000 Units raising $25,000,000.  EG&S acted as counsel to Pinpoint.

  • April 23, 2007

    EG&S successfully closed the sale of a portfolio of 28 multi-family residential properties located in the Bronx, Brooklyn and Manhattan. The total purchase price for the portfolio was $124.92M. EG&S represented the Seller in the transaction.

  • April 23, 2007

    Members of the Firm, Douglas S. Ellenoff and Brian Daughney, were requested by Citigroup Capital Strategies to lead a panel discussion on "Centers of Influence: How To Build A Two Way Street", which focused on the activity in the PIPEs market.

  • April 11, 2007

    Acorn Factor, Inc. announced the closing of their PIPE deal in the amount of $6,900,000. EG&S acted as counsel to the placement agent.

  • April 05, 2007

    Network Foundation LLC announced the closing of their Private Placement in the amount of $5,225,000. EG&S acted as counsel to the placement agent.

  • April 03, 2007

    Titanium Group Limited announced the closing of their PIPE deal in the amount of $1,450,000. EG&S acted as counsel to the placement agent.

  • March 28, 2007

    Alpha Security Group Corporation announced the closing of the Company's initial public offering of 6,000,000 units. The transaction was valued at $60,000,000. EG&S acted as counsel to the underwriter.

  • March 13, 2007

    Several members of the Firm met with staff members of the NASD Corporate Finance Department in Washington, D.C. to discuss with them NASD Rules 2710 and 2720 in the context of private placements, PIPEs and resale registration statements.

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  • February 28, 2007

    Chinese Paper products maker Dragon International (DRGG.OB) raised $1.5 million in a private sale of common stock to nine institutional investors for nine cents a share.

  • February 20, 2007

    The London Stock Exchange's AIM Market announced new rules for Nominated Advisors. See link below for more information:

    http://www.londonstockexchange.com/aim/rulechanges2007

  • February 07, 2007

    Dekania Corp. announced the closing of the company's initial public offering.  Dekania sold 9,700,000 units raising $97,000,000.

  • January 29, 2007

    ChinaGrowth North Acquisition Corporation announced the closing of the Company's initial public offering.  ChinaGrowth North sold 4,500,000 Units raising $36,000,000. EG&S acted as counsel to the underwriter.

  • January 29, 2007

    ChinaGrowth South Acquisition Corporation announced the closing of the Company's initial public offering.  ChinaGrowth South sold 4,500,000 Units raising $36,000,000. EG&S acted as counsel to the underwriter.

  • January 26, 2007

    Pace Health Management Systems, Inc., an Iowa corporation which currently trades its common stock on the NASD Over-the-Counter Bulletin Board under the symbol "PCES", announced the closing of the Company's private placement of units valued at $15,000,000. Additionally, the Company announced the acquisition of ConMed, Inc., a Maryland corporation which provides medical services to county detention facilities. EG&S acted as counsel to Pace.

  • January 23, 2007

    Integrated Brands, Inc. and Eskimo Pie Corporation sold certain of their assets, and assigned certain of their liabilities, to Dreyer’s Grand Ice Cream, Inc. The purchase price for the transaction was approximately $19 million. EG&S acted as counsel to the sellers.

  • January 22, 2007

    Healthcare Acquisition Corporation announced the acquisition of PharmAthene in a transaction valued at $115,000,000. EG&S acted as counsel to Healthcare Acquisition.

  • January 12, 2007

    Star Maritime Acquisition Corporation agreed to purchase eight drybulk carriers from affiliates of TMT Co., Ltd. in a transaction valued at $342.5 million.  EG&S acted as special securities counsel to TMT, the seller.

  • January 11, 2007

    Asahi Tec Corp. closed the acquisition of Metaldyne Corp. in a transaction valued at $1,200,000,000.  EG&S acted as counsel to Heartland Industrial Partnerrs, Metaldyne Corp.'s largest stockholder.