Posts
September 10 2009
Lihua International, Inc. (Nasdaq:LIWA) announced the closing of its initial public offering, and full over-allotment exercise, in the amount of $10.4 million. EG&S acted as counsel to the underwriters in the offering.
August 27 2009
CNS Response, Inc. announced the closing of a PIPE transaction in the amount of $2.43 million. EG&S acted as counsel to Maxim Group LLC, the placement agent for the financing.
August 27 2009
NovaBay Pharmaceuticals, Inc. announced the closing of a registered direct financing transaction for units, with each unit consisting of one share of its common stock and a warrant to purchase one share of its common stock. Gross proceeds to NovaBay from the transaction amounted to $2.45 million. EG&S acted as counsel to Maxim Group LLC, the placement agent for the financing.
August 25 2009
PacWest Bancorp announced the completion of their registered direct offering of common stock in the amount of $50,000,045. EG&S acted as counsel to the placement agent.*
*Transaction was closed while members of the Firm were with Weinstein Smith LLP.
August 19 2009
At Eximius 09 Prof Das NarayanDas introduced an interesting concept called search funds. It seems to be very popular in US. He was keen on bringing this concept to India.
August 12 2009
Power Efficiency Corporation announced the closing of a PIPE transaction in the amount of $835,000. EG&S acted as counsel to Power Efficiency.
August 03 2009
Design Within Reach, Inc. announced the closing of a PIPE transaction for shares of its common stock and convertible preferred stock in the amount of $15 million. EG&S acted as counsel to Glenhill Special Opportunities Master Fund LLC, the sole purchaser in the transaction.
July 31 2009
Elephant Talk Communications, Inc. announced the closing of a PIPE transaction in the amount of $5,111,000 (which includes a $4.1 million debt conversion). EG&S acted as counsel to Elephant Talk.