Posts
January 23 2017
EnteroMedics, Inc. announced the closing of their Underwritten offering in the amount of $20,125,009. EG&S acted as counsel to the Underwriter.
January 23 2017
PURE Bioscience, Inc. announced the closing of their PIPE offering in the amount of $5,000,000. EG&S acted as counsel to the Placement Agent.
January 20 2017
Uranium Energy Corp. announced the closing of their Underwritten offering in the amount of $25,996,254. EG&S acted as counsel to the Underwriter.
January 11 2017
Sequel Youth and Family Services and Global Partner Acquisition Corp. announce agreement for business combination. EG&S acted as special SPAC counsel to Global Partner Acquisition.
January 09 2017
OXIS International Inc. announced the closing of their PIPE offering in the amount of $19,821.00. EG&S acted as counsel to the Placement Agent.
January 09 2017
OurCrowd Digital Health L.P., announced the completion of their $5.1Million offering of DarioHealth Corp where they were the lead investor. EG&S acted as counsel to OurCrowd.
January 04 2017
Client Alert: Updated Minimum Wage Developments in New York – 2017
On December 27, 2016, we alerted you to increases in the minimum wage for 2017. Since then, the New York State Department of Labor (“DOL”) issued new regulations, effective December 31, 2016, that re-introduced separate tip credit amounts for “service employees” and “food service workers” employed in the hospitality/restaurant industry.
Click here to read the updated alert.
January 04 2017
Client Alert: Minimum Salary Thresholds for Overtime Exemptions in New York – 2017
The New York State Department of Labor, with just two business days’ notice, increased the minimum weekly salary thresholds that employers must pay in order for their executive and administrative employees to be exempt from overtime pay obligations under New York State law. Moreover, the minimum salary thresholds will now vary according to the location and/or size of the employer.
Click here to read the alert.