Posts
November 07 2011
Nevada Gold & Casinos, Inc. announced the closing of their registered direct in the amount of $4,332,326.55. EG&S acted as counsel to the Placement Agent.
November 07 2011
Access Pharmaceuticals, Inc. announced the closing of their registered direct in the amount of $5,335,002.10. EG&S acted as counsel to the Placement Agent.
November 03 2011
Allen Schole, a member of the Firm, was a presenter of a workshop at the 2011 ICSC U.S. Shopping Center Law Conference held on October 26-28, 2011 in Phoenix, Arizona. The workshop focused on the landlord's and the tenant's perspectives on the conditions to delivery of possession of premises that are typically negotiated in a shopping center lease.
November 01 2011
Rodman & Renshaw Capital Group announced the closing of their PIPE in the amount of $6,650,000.00. EG&S acted as counsel to the issuer.
October 31 2011
Committed Capital represents the first funded non-traditional SPAC, blind pool, modeled after the UK cash shell. To consummate a business combination, Committed only requires board approval. It doesn't require any SEC review of the transaction prior to close and shareholders do not vote on the proposed deal nor do they have the right to the return of their capital except in the event that no business combination is identified and closed within 21 (or 24 under certain circumstances) months. As in the UK blind pools, management commits to invest at the IPO price adding additional capital to the cash shell. EG&S acted as counsel to the underwriters.
October 31 2011
Advaxis Inc. announced the closing of their PIPE in the amount of $1,977,500.00. EG&S acted as counsel to the Placement Agent.
October 28 2011
Spherix Incorporated announced the closing of their PIPE in the amount of $1,259,502.04. EG&S acted as counsel to the Placement Agent.
October 28 2011
Ensurge Inc. announced the closing of their private placement in the amount of $1,210,000.00. EG&S acted as counsel to the Placement Agent.