Posts
May 17 2021
Orion Biotech Opportunities Corp. announced the closing of its initial public offering in the amount of $200,000,000. EGS acted as counsel to the underwriter.
May 17 2021
Client Alert: What You Need To Know About Your Restaurant Revitalization Fund Grant
Less than two weeks after the U.S. Small Business Association (SBA) began accepting Restaurant Revitalization Fund (RRF) grant applications, the SBA has started disbursing grants to “priority” businesses – i.e., businesses primarily owned by women, veterans and other socially and economically disadvantaged groups. The SBA is slated to start processing applications submitted by other restaurants on or around May 25, 2021.
Click here to read the alert.
May 17 2021
Yunhong International, a special purpose acquisition company, and Giga Energy Inc., a company that plans to provide industrial and commercial transportation solutions, announced the completion of their business combination, pursuant to which Giga Energy will be acquired by Yunhong and Giga Energy will be the surviving business. EGS acted and continues to act as counsel to Yunhong.
May 17 2021
Defense Metals Corporation announced the closing of their Private Placement offering in the amount of CAD$5,000,000. EG&S acted as counsel to the Placement Agent.
May 17 2021
Amanda M. Fugazy, the head of our Labor and Employment Group, mediated and settled a case for CBS Corp. to end a Black female former sports producer’s lawsuit alleging she was fired in retaliation for filing a discrimination complaint with the U.S. Equal Employment Opportunity Commission.
May 14 2021
NovaBay Pharmaceuticals, Inc. announced the signing of their At the Market agreement in the amount of $4,000,000. EG&S acted as counsel to the Manager.
May 14 2021
Bridgeline Digital, Inc. announced the closing of their Registered Direct offering and PIPE offering in the amount of $2,416,800 and $2,700,000, respectively. EG&S acted as counsel to the Placement Agent.
May 14 2021
Client Alert: NYC Retirement Savings Program for Private Sector Employers
On May 11, 2021, NYC Mayor Bill de Blasio signed into law the Retirement Security for All Act which establishes a retirement savings program for private sector employers that (A) have not offered a retirement plan within the preceding two years and (B) employ five or more employees. By doing so, NYC joins 13 states and two cities that have adopted some form of retirement savings program.
Click here to read the alert.