February 18 2020
Yunhong International, a company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, announced closing of upsized $60,000,000 initial public offering.
February 14 2020
Lianluo Smart Limited, a China based professional smart service and products provider, announced the closing of their registered direct offering in the amount of $2,200,000. EGS acted as counsel to Maxim Group LLC, the sole placement agent for the offering.
February 14 2020
Integrity Applications, Inc., a medical device company focused on the design, development and commercialization of non-invasive glucose monitoring devices, closed on a private offering of shares of its common stock for gross proceeds of $15,000,000. EGS acted as counsel for Andrew Garett, Inc., the sole placement agent in the offering.
February 12 2020
Client Alert: New Privacy Law Requirements About to Go Live in New York
While New York’s Stop Hacks and Improve Electronic Data Security Act (“SHIELD Act”) was signed into law on July 25, 2019, its implementation is rolled out in two parts. The first part, involving enhanced requirements related to breach notifications, went into effect on October 23, 2019. The second part, involving enhanced data security requirements, is set to go live on March 21, 2020.
Click here to read the alert.
February 06 2020
SINTX Technologies, Inc., an original equipment manufacturer (OEM) ceramics company that develops and commercializes silicon nitride for medical and non-medical applications, announced the completion of the Company’s rights offering that was oversubscribed. EGS acted as counsel to Maxim Group LLC, the dealer-manager in the offering.
February 03 2020
AdvanSource entered into a definitive Asset Purchase Agreement with Mitsubishi Chemical Performance Polymers, Inc. (MCPP), a subsidiary of Mitsubishi Chemical America, Inc. and its shareholder, Mitsubishi Chemical Corporation, to sell substantially all of its assets to Mitsubishi Chemical Performance Polymers for a price of $7.25 million in cash. EGS acted as counsel to AdvanSource.
January 20 2020
2019 was another record breaking year for Ellenoff Grossman & Schole LLP. Continuing our annual tradition, we are pleased to share with you the developments and achievements of the Firm’s various practice areas.
Click here to read our year end review.
January 13 2020
SELLAS Life Sciences Group, Inc. announced the closing of their registered direct offering in the amount of $6,500,000. EG&S acted as counsel to Maxim Group LLC, the sole placement agent in the offering.