David Selengut, a member of the Firm, and has been a corporate, securities and private funds attorney for more than 38 years. Mr. Selengut has represented public companies in connection with their initial public offerings, secondary public offerings, 34 Act reporting requirements, regulatory compliance as well as general corporate governance matters. Mr. Selengut has also represented several investment banking and securities brokerage firms in connection with private placements and public offerings, and has counseled both public and private companies regarding joint ventures, corporate restructurings, mergers and acquisitions and bank financings. Mr. Selengut has also created and advised several venture capital funds and hedge funds that invest in public and private securities, PIPEs and residential and commercial real estate. Mr. Selengut also advises companies regarding creative ways to become “public” without the necessity for reverse mergers and its associated costs and risks. Mr. Selengut represents several high net worth individual investors and is the sole general partner of two private venture capital groups with combined assets in excess of $30 million dollars.
Mr. Selengut’s clients have included an international watch manufacturer with annual sales in excess of $100 million; a company whose subsidiaries are distributors of housewares products and medical, janitorial and dietary products; an international microwave and advanced network telecommunications systems developer; and a public multinational company. Mr. Selengut also organized and represents a syndicate that purchases commercial real estate in the City of New York which includes a portfolio of in excess of 2,500 residential apartment units. Mr. Selengut also organized and represented a leading overseas equity crowdfunding platform that has invested in excess of $1 billion dollars in global startups.
Mr. Selengut received a Juris Doctor degree, with honors, from Hofstra University School of Law in 1981 and received a Bachelor of Science degree in Accounting and Economics from Touro College. He is admitted to practice law in the State of New York.