News & Events

  • 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.

    Please click here to view the Client Alert

  • 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.

  • December 19, 2006

    Pink Sheets Accepts Ellenoff Grossman & Schole LLP As The First OTCQX Attorney DAD.

     

    Click Here To View The Press Release

  • December 18, 2006

    IPO Leadership

     

    Click Here To View the Rankings

  • December 01, 2006

    SPACs: Backing The Jockey, Not The Horse.

    Douglas S. Ellenoff and Stuart Neuhauser wrote an article for Equities Magazine on why more investors, CEOs and private companies are turning to SPACs.
    Click Here to View the Full Article

  • November 01, 2006

    Client Alert - Recent Changes to New York Limited Liability Company Law
    Click Here to View the Full Statute

  • November 01, 2006

    PIPEs Scorecard - Industry Rankings for 2006 Click Here to View the Rankings

  • October 30, 2006

    Implications of Sarbanes-Oxley on the U.S. IPO market

    Douglas S. Ellenoff and Annie Y. Wong were invited by Maxim Group LLC to present to Japanese securities firms an analysis of the "Implications of Sarbanes-Oxley on the U.S. IPO market."

  • October 23, 2006

    Sanders Morris Harris Middle Market Investor Growth Conference 2006
    Ellenoff Grossman & Schole participated in the 2nd annual conference hosted by Sanders Morris Harris where over 80 senior executives from public companies with a market cap of up to $2 billion communicated their respective business models and market analysis to over 400 institutional and alternative investors.

    Douglas S. Ellenoff (moderator) and Brian C. Daughney were part of the PIPEs panel which discussed primary underwriter liability on PIPE resale registrations.

    Click Here to View the Power Point Presentation on
    Primary Underwriter Liability on PIPE Resale Registrations.

  • September 14, 2006

    Sanders Morris Harris Luncheon "Battle of the Exchanges, Listing Strategies For Growth Companies"

    The conference discussed the pros and cons of listing on the AIM, NASDAQ, NYSE, AMEX or OTCQX in terms of: market depth and liquidity, relative valuation, regulatory requirements and costs, transaction costs (IPOs and Follow Ons), investor base and trading costs.  The panel included William O'Brien of the NASDAQ Stock Market, Inc.; Anne Moulier of the AIM; R. Cromwell Coulson of the Pink Sheets and OTCQX; John McGonegal of the AMEX; Peter Shea of Daniel Stewart & Co. - NOMAD, and Douglas S. Ellenoff served as the legal expert.

    Click Here To View The Event Details

  • September 06, 2006

    Roth Capital Partners New York Conference

    Ellenoff Grossman & Schole LLP was pleased to sponsor the annual Roth Capital Partners New York Conference.  The conference featured presentations from more than 200 small and micro caps in the Technology, Healthcare, Financial Services and Consumer Product sectors.  This year Roth Capital introduced a Special Purpose Acquisition Corporation (SPAC) panel, in which Douglas S. Ellenoff served as moderator.  The panel included Joel Kanter, Beau Ferrari, Steven Slawson and John Dalfonsi.  The panel discussed how SPACs are evolving, growing participation and longer term involvement by funds, new choices on incorporation and new structures, AIM SPACs as well as SEC and AMEX regulations.

    Click Here to View the Power Point Presentation on SPACs