Posts
November 08 2021
The OLB Group, Inc. announced the closing of its private placement priced at-the-market under Nasdaq rules in the amount of $25,000,000. EGS acted as counsel to The OLB Group, Inc.
November 08 2021
Biotech Acquisition Company, a publicly traded special purpose acquisition company affiliated with SPRIM Global Investments, and Blade Therapeutics, Inc., a biopharmaceutical company based in South San Francisco, Calif., announced that they have entered into a definitive merger agreement. Upon the closing of the transaction, which is anticipated to occur in the first quarter of 2022, the combined company will be renamed Blade Biotherapeutics, Inc., and is expected to be listed on Nasdaq. EGS acted as counsel to Biotech Acquisition Company.
November 07 2021
Staffing 360 Solutions, Inc. announced the closing of their Private Placement offering in the amount of $9,250,000. EG&S acted as counsel to the Placement Agent.
November 04 2021
Client Alert: OSHA Issues Emergency Temporary Standard Regarding COVID-19 Vaccination Requirements For Employers with 100+ Employees
In accordance with a directive from President Biden to minimize the risk of COVID-19 transmission in the workplace, this morning, the Occupational Safety and Health Administration (OSHA) issued an Emergency Temporary Standard requiring that, with limited exceptions, private employers with 100 or more employees must require that employees either be fully vaccinated against COVID-19 or otherwise provide a negative COVID-19 test on at least a weekly basis (the “100+ ETS”).
Click here to read the alert.
November 04 2021
Intelligent Medicine Acquisition Corp. announced the pricing of its initial public offering in the amount of $207,000,000. EGS acted as counsel to the underwriter.
November 04 2021
Sizzle Acquisition Corp. announced the pricing of its initial public offering in the amount of $155,000,000. EGS acted as counsel to Sizzle Acquisition Corp.
November 04 2021
Client Alert: DOL Issues Final Rule on Revised 80/20 Rule for Tipped Employees
On October 29, 2021, the Department of Labor issued a Final Rule regarding tip credit regulations under the Fair Labor Standards Act (FLSA). The Final Rule is effective December 28, 2021.
Click here to read the alert.
November 03 2021
Semper Paratus Acquisition Corporation announced the pricing of its initial public offering in the amount of $345,000,000. EGS acted as counsel to the underwriter.