Posts
April 28 2010
Nile Therapeutics, Inc. (Nasdaq:NLTX,NLTXW), a company focused on the development of novel therapeutics for heart failure patients, announced the closing of a follow on underwritten public offering of 6,500,000 units consisting of 6,500,000 shares of common stock and publicly traded warrants to purchase 1,950,000 shares of common stock. Maxim Group LLC acted as representative of the underwriters. EG&S acted as counsel to the underwriters.
April 27 2010
Capitol C Holdings LLC has completed its purchase of thirteen Cosi restaurants in the Washington, D.C. market with Cosi, Inc. EG&S acted as counsel to Capitol C Holdings LLC.
April 23 2010
BioDelivery Sciences International, Inc. (Nasdaq:BDSI), a specialty pharmaceutical company, consummated a $10 million registered direct offering of common stock and warrants with a group of select institutional investors. EG&S acted as counsel to BioDelivery Sciences.
April 22 2010
BBV Vietnam S.E.A. Acquisition Corp. (the Company), which was created as a SPAC, and Migami, Inc. (“Migami”) jointly announced they have completed their previously announced business combination. The Company, which will be known as “Pharmanite Holdings, Inc.,” is the publicly traded holding company of Pharmanite, Inc., its operating subsidiary. Pharmanite, Inc. will continue Migami’s business of developing, commercializing and licensing drug delivery platforms and anti-aging cosmetics worldwide, with a special emphasis on Asia. EG&S acted as counsel to Migami and has been retained as counsel to the Company following the merger.
March 01 2010
MIM Outdoor LLC announced the sale of all of its assets to Van Wagner Bus Advertising, LLC and future revenue share. EG&S acted as counsel to MIM Outdoor.
February 16 2010
Multiplied Media Corporation (TSX:V MMC), a Calgary based company, announced the acquisition of UnoMobi, Inc., together with its wholly owned subsidiary Innovation Fund III LLC. The Transaction was valued at $6.715 million. EG&S acted as U.S. counsel to UnoMobi, Inc.
January 28 2010
Asia Special Situation Acquisition Corp., a NYSE Amex listed company, announced that it has completed its initial business combination and acquired the assets and liabilities or equity interests of various pooled investment vehicles managed by Stillwater Capital Partners, Inc., and 81.5% controlling interest in Amalphis Group, Inc. and the assets and investments held by Wimbledon Financing Master Fund Ltd. and Wimbledon Real Estate Financing Fund Ltd. The value of the transaction was approximately $700 million. Asia Special Situation, now known as "Gerova Financial Group, Ltd.," is the publicly traded holding company of the acquired assets. EG&S acted as SPAC counsel to Asia Special Situation.
January 12 2010
Wuhan Vogue-Show Jewelry Co. announced the completion of their reverse merger with the U.S. shell company Activeworlds Corp. and raised $5,000,000 in a private placement. EG&S acted as counsel to the placement agent.