News & Events

  • May 10, 2010

    Star Gas Partners, L.P., the largest U.S. distributor of home heating oil, announced the acquisition of Champion Energy Corporation for $61.5 million.  EG&S represented the Selling Shareholders in this transaction.

  • April 29, 2010

    SOKO Fitness & Spa Group, Inc. (OTCBB:SOKF), an operator of fitness centers, beauty salons and spas in Northeast China as well as suburban Beijing, announced the completion of a non-brokered private placement of 3,125,000 shares of common stock, yielding gross proceeds of $10 million to SOKO.  The offering was made to select institutional and accredited investors.  EG&S acted as counsel to SOKO. 

  • April 28, 2010

    Nile Therapeutics, Inc. (Nasdaq:NLTX,NLTXW), a company focused on the development of novel therapeutics for heart failure patients, announced the closing of a follow on underwritten public offering of 6,500,000 units consisting of 6,500,000 shares of common stock and publicly traded warrants to purchase 1,950,000 shares of common stock.  Maxim Group LLC acted as representative of the underwriters.  EG&S acted as counsel to the underwriters.

  • April 27, 2010

    Capitol C Holdings LLC has completed its purchase of thirteen Cosi restaurants in the Washington, D.C. market with Cosi, Inc.  EG&S acted as counsel to Capitol C Holdings LLC.

  • April 23, 2010

    BioDelivery Sciences International, Inc. (Nasdaq:BDSI), a specialty pharmaceutical company, consummated a $10 million registered direct offering of common stock and warrants with a group of select institutional investors.  EG&S acted as counsel to BioDelivery Sciences.

  • April 22, 2010

    BBV Vietnam S.E.A. Acquisition Corp. (the Company), which was created as a SPAC, and Migami, Inc. (“Migami”) jointly announced they have completed their previously announced business combination. The Company, which will be known as “Pharmanite Holdings, Inc.,” is the publicly traded holding company of Pharmanite, Inc., its operating subsidiary. Pharmanite, Inc. will continue Migami’s business of developing, commercializing and licensing drug delivery platforms and anti-aging cosmetics worldwide, with a special emphasis on Asia.  EG&S acted as counsel to Migami and has been retained as counsel to the Company following the merger.

  • March 01, 2010

    MIM Outdoor LLC announced the sale of all of its assets to Van Wagner Bus Advertising, LLC and future revenue share.  EG&S acted as counsel to MIM Outdoor.

  • February 16, 2010

    Multiplied Media Corporation (TSX:V MMC), a Calgary based company, announced the acquisition of UnoMobi, Inc., together with its wholly owned subsidiary Innovation Fund III LLC.  The Transaction was valued at $6.715 million.  EG&S acted as U.S. counsel to UnoMobi, Inc.

  • January 28, 2010

    Asia Special Situation Acquisition Corp., a NYSE Amex listed company, announced that it has completed its initial business combination and acquired the assets and liabilities or equity interests of various pooled investment vehicles managed by Stillwater Capital Partners, Inc., and 81.5% controlling interest in Amalphis Group, Inc. and the assets and investments held by Wimbledon Financing Master Fund Ltd. and Wimbledon Real Estate Financing Fund Ltd.  The value of the transaction was approximately $700 million.  Asia Special Situation, now known as "Gerova Financial Group, Ltd.," is the publicly traded holding company of the acquired assets.  EG&S acted as SPAC counsel to Asia Special Situation.

  • January 12, 2010

    Wuhan Vogue-Show Jewelry Co. announced the completion of their reverse merger with the U.S. shell company Activeworlds Corp. and raised $5,000,000 in a private placement.  EG&S acted as counsel to the placement agent.

  • January 07, 2010

    We are pleased to announce that Jennifer D. Silverman has joined our Firm's Intellectual Property practice group as Partner.  She joins the Firm from Pryor Cashman LLP.

    Click here to view her Announcement

  • January 04, 2010

    2009 PIPE Market Leadership

    Ellenoff Grossman & Schole LLP was ranked 10th in the country for PIPE Transactions (by number of transactions and placement agent counsel).

    Click here to view the rankings

  • December 31, 2009

    Vringo, Inc. announced the closing of its private placement in the amount of approximately $3,000,000 of convertible notes.  EG&S acted as counsel to Vringo.

  • December 24, 2009

    Control Security Services, Inc. completed the closing of the acquisition of substantially all of the assets of Montgomery Security Services LLC, located in Montgomery, Maryland.  EG&S acted as counsel to Control.

  • December 23, 2009

    China Carbon Graphite Group, Inc. announced the closing of its private placement in the amount of $2,592,600.  EG&S acted as counsel to the placement agent.

  • November 23, 2009

    Dlorah, Inc., a privately-held company doing business as National American University, and Camden Learning Corporation, a publicly-held company, jointly announced that they have completed their SPAC acquisition in a transaction with an enterprise value of approximately $154 million.  Dlorah will continue to own and operate National American University, a private, for-profit university with multiple campuses in the United States.  Camden, now known as "National American University Holdings, Inc.," is the publicly-traded holding company of Dlorah.  EG&S acted as counsel to Camden.

  • November 16, 2009

    Merit Times International Limited announced the completion of their reverse merger/share exchange with Emerald Acquisition Corp. and a simultaneous PIPE with $17 million in proceeds.  Grandview Capital, Inc. acted as lead placement agent and Rodman & Renshaw, LLC acted as co-placement agent. EG&S was counsel to the placement agents.

  • November 12, 2009

    Costco opened its first Manhattan store in the shopping center known as East River Plaza located at 116th Street and the FDR Drive.  EG&S represented the landlord, Tiago Holdings, LLC, in connection with the negotiation of the lease.

  • October 29, 2009

    Based in New Jersey, Black Opal is a special-purpose acquisition company (SPAC) that has raised an initial $500,000. The firm plans to raise further capital to invest in US companies with an EBITDA of $2.5m to $20m.

  • October 27, 2009

    Park National Corporation announced the completion of their registered direct offering of common stock in the amount of $30,795,000.  EG&S acted as counsel to the placement agent.*


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

  • October 22, 2009

    Douglas S. Ellenoff, a member of the Firm, was invited by SMH Capital to speak at ACG's 2nd Annual State of the Capital Markets Seminar.  Mr. Ellenoff spoke on Capital for Non-U.S. Issuers – Capitalizing on Financing Opportunities in a Growing Global Market.

  • October 22, 2009

    Triplecrown Acquisition Corp. completed its business combination with Cullen Agricultural Technologies, Inc.  Pursuant to the agreement, Triplecrown merged with and into Cullen Agricultural Holding Corp.  EG&S acted as counsel to Cullen.

  • October 20, 2009

    Zoom Technologies, Inc. announced the closing of a PIPE transaction in the amount of $10,000,000.  EG&S acted as counsel to Zoom.

  • October 20, 2009

    We are pleased to announce that Adrienne M. Ward has joined our Firm's broker-dealer practice group as Partner.  She joins the Firm from Morgan Lewis & Bockius LLP.

    Click here to view her Announcement

  • October 20, 2009

    There can’t be many asset classes that boast an average IRR of 52 per cent. Search funds, in which an inexperienced entrepreneur is backed by angel investors to search for and acquire a business, have this enviable distinction.