Posts
January 18 2011
pSivida Corporation has announced the completion of their registered direct offering for common stocks in the amount of $11,050,000. EG&S acted as counsel to the Placement Agent.*
*Transaction was closed while members of the Firm were with Weinstein Smith LLP.
January 14 2011
Douglas S. Ellenoff and Stuart Neuhauser, members of the Firm, led a SPAC Webinar which discussed the status of the SPAC market, recent structural changes including the legal impact of the tender offer rules as an alternative to the traditional proxy regime; sponsor ownership; warrant pricing and a look into the impact on foreign private issuer SPACs.
January 13 2011
ADVENTRX Pharmaceuticals, Inc. announced the completion of their registered direct offering of common stock in the amount of $22,507,529. EG&S acted as counsel to the Investor.*
*Transaction was closed while members of the Firm were with Weinstein Smith LLP.
January 10 2011
57th Street General Acquisition Corp announced that it entered into an agreement to merge with Crumbs Holdings, the NYC cupcake bakery. EG&S acted as counsel to 57th Street.
January 07 2011
Broadridge Financial Solutions (NYSE:BR) recently announced its acquisition of Matrix Financial Solutions for $201 million in cash, subject to adjustments for net working capital. Broadridge acquired the stock of Matrix following a competitive sale process managed by Raymond James Associates. EG&S acted as counsel to Matrix and its shareholders in this transaction.
January 04 2011
2010 Year End PIPE Market Leadership
Ellenoff Grossman & Schole LLP was ranked 15th in the country for PIPE Transactions (by number of deals).
December 27 2010
According to IPO Vital Signs EG&S was the only law firm (below 100 lawyers) ranked amongst the top firms in the country for IPOs in 2010; we were ranked 12th in 2008.
December 21 2010
CAMAC Energy, Inc. announced the completion of their registered direct offering for common stock in the amount of $20,502,024. EG&S acted as counsel to the placement agent.*
*Transaction was closed while members of the Firm were with Weinstein Smith LLP.