Posts
February 24 2015
Atlantic Alliance Partnership Corp announced the closing of their initial public offering in the amount of $76,900,000. EG&S acted as counsel to Atlantic Alliance.
February 19 2015
Section 17(b) & Crowdfunding – What me worry? Webinar 2/26/2015
Join Douglas Ellenoff and Adrienne Ward for a webinar hosted by Crowdfund Intermediary Regulatory Advocates (CFIRA) on Feb 26, 2015 at 1:00 PM EST.
An entire cottage industry has emerged around online fundraising/crowdfunding platforms, with promoters claiming to help companies successfully raise money online. What many marketers don’t know, however, is that a variety of laws and regulations govern how businesses can accept investment capital and who can market these securities. This all goes back to Section 17(b) of the Securities Act of 1933 and the hawking of worthless stocks by unscrupulous unregistered “brokers” during the Great Depression. Section 17(b) remains in effect, and the SEC still uses it to prosecute promoters. During the webinar, the panel, which also includes security industry veteran Sara Hanks, will walk participants through the following: Why should you be concerned about Section 17(b)? How do you comply with Section 17(b)? What are best practices for compliance? What do you do if the SEC knocks on your door?
Register at: https://attendee.gotowebinar.com/register/8011044283617385474. After registering, you will receive a confirmation email containing information about joining the webinar.
February 18 2015
CombiMatrix Corp. announced the closing of their Registered Direct offering in the amounts of $2,202,000 & $2,698,500. EG&S acted as counsel to the Investor.
February 17 2015
CAS Medical Systems Inc. announced the closing of their Underwritten offering in the amount of $7,576,400. EG&S acted as counsel to the Underwriter.
February 10 2015
James Landau, a member of the Firm, was invited by PLI to participate in a panel discussion titled “Attorneys and Social Media.” The program is scheduled for Monday March 16th at 11:30am.
Click here for more details
February 06 2015
Capricor Therapeutics Inc. announced the closing of their PIPE offering in the amount of $7,050,001. EG&S acted as counsel to the Placement Agent.
February 06 2015
Cleveland BioLabs, Inc. announced the closing of their PIPE offering in the amount of $4,218,079. EG&S acted as counsel to the Placement Agent.
February 03 2015
Martin Jones, Of-Counsel to the Firm, put together a client alert on changes to foreign direct investment reporting requirements.
Click here to read the alert