Posts
April 18 2011
SCG Financial Acquisition Corp., a newly-organized blank check company, announced the closing of its initial public offering for gross proceeds of $80,000,000. EG&S acted as counsel to SCG Financial.
April 18 2011
Global Cornerstone Holdings Limited, a newly-organized blank check company, announced the closing of its initial public offering for gross proceeds of $80,000,000. EG&S acted as counsel to Global Cornerstone.
April 14 2011
Ellenoff Grossman & Schole LLP and Weinstein Smith LLP are pleased to announce that the attorneys of Weinstein Smith LLP will be joining Ellenoff Grossman & Schole LLP effective as of May 1, 2011. Weinstein Smith is nationally recognized as one of the leading firms representing investment banks and institutional investors in private equity transactions of all types, including registered direct and confidentially marketed public offerings (CMPO) transactions, PIPES (private investment in public equities) and equity lines of credit, as well as more traditional underwritten public offerings.
April 08 2011
Capital Gold Corporation (AMEX:CGC) announced the closing of its $420-million friendly merger with Gammon Gold Inc. (NYSE:GRS). More than 82 percent of Capital Gold’s shareholders voted, of which close to two-thirds voted in favor of the transaction. To close the transaction with Gammon Gold, Capital Gold successfully defended against a hostile takeover attempt by a rival mining company. EG&S acted as counsel to Capital Gold Corporation.
March 30 2011
AutoChina International Limited announced the completion of their registered direct offering of common stock in the amount of $70,000,000. EG&S acted as counsel to the Placement Agent.*
*Transaction was closed while members of the Firm were with Weinstein Smith LLP.
March 11 2011
BioDelivery Sciences International, Inc. (NASDAQ:BDSI) announced the closing of their $15,000,000 private investment in public equity (PIPE) financing with institutional investors. EG&S acted as counsel to BDSI.
March 09 2011
BioSante Pharmaceuticals, Inc. announced the completion of their registered direct offering of common stock in the amount of $25,146,792. EG&S acted as counsel to the Placement Agent.*
*Transaction was closed while members of the Firm were with Weinstein Smith LLP.
March 01 2011
Swisher Hygiene, Inc. announced the acquisition of Choice Environmental Services, Inc., a Fort Lauderdale, Florida based residential and commercial solid waste services company, by way of a statutory merger involving a wholly-owned subsidiary of Swisher Hygiene. Swisher Hygiene contemporaneously concluded a private placement for aggregate gross proceeds of $58,246,875 (Canadian). EG&S acted as counsel to Broadband Capital Management LLC.