Posts
September 16 2024
Veea Inc., a first-to-market pioneer in hyperconverged multiaccess networks and AI-driven edge computing, and Plum Acquisition Corp. I, a Cayman Islands exempted company formed as a special purpose acquisition company, announced the successful completion of their previously announced business combination in the amount of $335,000,000. EGS acted as counsel to Veea Inc.
September 11 2024
Client Alert: New Restrictions On Use of Background Checks for Employers in Los Angeles County
Los Angeles County’s Fair Chance Ordinance took effect on September 3, 2024, placing additional restrictions on the use of criminal background checks when hiring employees to work in unincorporated areas of Los Angeles County. As discussed in the alert below, the ordinance expands on the state-wide protections found in the Fair Chance Act, which took effect in 2018.
Click here to read the alert.
September 09 2024
Cingulate Inc. announced the closing of its Public Offering in the amount of $4,000,000. EG&S acted as counsel to the Placement Agent.
September 06 2024
Compass Digital Acquisition Corp., a special purpose acquisition company, and EEW Renewables Ltd, a global developer in the renewable energy industry, have entered into a definitive business combination agreement. The transaction is valued at approximately $386,000,000. EGS acted as counsel to Compass Digital Acquisition Corp.
September 06 2024
Ilya Ross, a member of the firm, and Jennifer Cabrera of Vicente LLP presented “Bringing Your Brand To New Jersey,” at the NECANN Conference in Atlantic City, New Jersey. Mr. Ross spoke about structuring considerations in licensing and management agreements in light of New Jersey cannabis regulations. EGS’ cannabis, corporate and IP teams can assist operators, investors, brands and manufacturers structure strategic partnerships that can help brands and operators achieve their desired business objectives.
September 05 2024
Client Alert: SEC Approves Nasdaq Corporate Governance Rule Changes
On August 26, 2024, the U.S. Securities and Exchange Commission issued an order approving a proposed rule change submitted by The Nasdaq Stock Market LLC on May 8, 2024 to amend Nasdaq Listing Rules 5605, 5615, and 5810 regarding certain Nasdaq corporate governance requirements.
Click here to read the alert.
September 03 2024
EGS is thrilled to announce the addition of Susie Cirilli as a Partner in our Labor & Employment Practice Group. Susie brings a wealth of experience and expertise in issues relating to discrimination, hostile work environment, retaliation, and compensation. Additionally, Susie is passionate about the women’s sports industry. She works with all parts of the industry and regularly consults teams, clubs, coaches and agents on employment and contract issues.
Click here to read the announcement.
August 30 2024
Innovative Food Holdings, a national seller of gourmet specialty foods to professional chefs, announced the sale of the assets of its consumer e-commerce business igourmet.com for $700,000 plus the assumption of approximately $350,000 of gift card liabilities. EGS acted as counsel to Innovative Food Holdings.