Posts
October 27 2020
MingZhu Logistics Holdings Limited Closes NASDAQ IPO
MingZhu Logistics Holdings Limited (NASDAQ: YGMZ), a China-based trucking services provider, closed its firm commitment initial public offering with ViewTrade Securities of 3,000,000 ordinary shares priced at $4.00 per share for total gross proceeds of US$12 million. The shares began trading on the NASDAQ Capital Market on October 21, 2020 under the ticker symbol “YGMZ”.
EGS acted as counsel to MingZhu Logistics, assisting the latest of EGS’ China-based clients in navigating the SEC and Nasdaq listing process.
October 20 2020
Client Alert: COVID-19 Surcharge Now Legal in NYC
Effective October 16, 2020, NYC restaurants and other food service establishments are permitted to add a “COVID-19 Recovery Charge” to customer checks.
Click here to read the alert.
October 15 2020
Reminder: New York’s Updated Voting Leave Requirements
Election Day is right around the corner, and employers should be aware of their obligations with respect employees who may need time off from work to vote.
Click here to read the alert.
August 07 2020
The Q2 2020 U.S. PIPE and Private Placement Markets
Placement Agent Counsel League Table by Number of Transactions:
Legal Counsel Transaction Count Total Amount Advised Ellenoff Grossman & Schole LLP 64 $531,046,843 Goodwin Procter, LLP 21 $1,361,887,172 Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, PC 16 $649,496,250 Cooley LLP 12 $835,407,680 Lowenstein Sandler LLP 12 $160,524,628 Latham & Watkins, LLP 11 $790,689,276 Gracin & Marlow LLP 9 $79,076,649 Davis Polk & Wardwell LLP 7 $898,379,552 Loeb & Loeb, LLP 6 $51,328,193 White & Case, LLP 5 $284,468,748 Covington & Burling 5 $269,958,030 Duane Morris, LLP 4 $163,635,069 Sichenzia Ross Ference LLP 4 $21,964,708 Ropes & Gray 3 $390,853,751 Gornitzky & Co. 3 $127,658,051 Zysman Aharoni Gayer and Sullivan & Worcester LLP 3 $31,300,000 Dentons US LLP 3 $13,900,000 Hunter Taubman Fisher & Li LLC 3 $6,677,000 Wilmer Cutler Pickering Hale & Dorr, LLP 2 $169,337,507 Morgan, Lewis & Bockius, LLP 2 $116,954,998 The NBD Group, Inc. 2 $81,315,227 Squire Patton Boggs (US) LLP 2 $65,000,000 Harter Secrest & Emery LLP 2 $19,258,000 McDermott, Will & Emery 2 $6,000,000 Haynes and Boone, LLP 2 $5,700,001 Legal counsel rankings exclude all 144-A Offerings, Equity Lines of Credit, At the Market Transactions, Rights Offerings, Bought Deals, and all PIPE transactions conducted by foreign issuers that trade in the U.S. on the OTC. Data is for closed and definitive agreement transactions reported as of 07/20/2020.
July 27 2020
Press Release: EGS Closes First Chinese IPO In Accordance With New NASDAQ Proposed Rules
Skillful Craftsman Education Technology Ltd. (NASDAQ: EDTK), an education technology company providing interactive online learning services, on Monday, July 27, 2020, closed its initial public offering of 3,000,000 ordinary shares at US$5.00 per share.
Click here for more details.
June 15 2020
Client Alert: The Supreme Court Protects Gay and Transgender Employees From Discrimination
On June 15, 2020, the United States Supreme Court published a monumental decision ruling that Title VII of the Civil Rights Act (“Title VII”) bans workplace discrimination based on sexual orientation and gender identity. Discriminating against an employee in their terms or conditions of employment because of their sexual orientation or gender identity is now unlawful everywhere in the United States.
Click here to read the alert.
June 04 2020
Client Alert: PPP Flexibility Act Passes & Outdoor Dining Opening in NY
Yesterday, two important announcements were made for employers across all industries, but particularity for restaurant employers in New York.
Click here to read the alert.
April 01 2020
Amanda Fugazy, a member of the Firm, wrote an article for Total Food Service titled: COVID-19 Legal Q&A for Restaurateur Employers.
Click here to read the article.