Posts
May 15 2025
GCT Semiconductor Holding, Inc. announced the closing of its registered direct offering in the amount of $11,000,000. EGS acted as counsel to the placement agent.
May 13 2025
IT Tech Packaging, Inc. announced the closing of its public offering in the amount of $1,400,000. EGS acted as counsel to the placement agent.
May 13 2025
Client Alert: 2025 Budget Leads to Major Changes in Frequency of Pay Damages
In recent years, New York employers have faced significant lawsuits brought under the New York Labor Law (“NYLL”) by “manual workers” seeking large sums in damages if they were not paid on a weekly basis, even if the worker had been paid their wages in full. The 2025 New York State Budget amends the NYLL, providing employers with long-awaited relief from these claims. The amendment to the NYLL, which was signed into law by Governor Hochul, modifies the damages provisions for frequency of pay violations.
Click here to read the alert.
May 12 2025
Gryphon Digital Mining, Inc. announced the signing of a definitive merger agreement with American Bitcoin Corp., a company focused on Bitcoin mining and strategic Bitcoin reserve development. EGS acted as counsel to American Bitcoin Corp.
May 09 2025
MetaVia Inc. announced the closing of its private placement offering in the amount of $10,000,000. EG&S acted as counsel to the placement agent.
May 07 2025
Client Alert: Recent ICE Visits to D.C. Restaurants Highlight Benefits of Preparation
U.S. Immigration and Customs Enforcement (“ICE”) visited nine Washington, D.C restaurants on May 6, 2025, according to The New York Post and NBC News. ICE reportedly gave prior notice to some of the restaurants but not others. The reports show the benefits of preparation for visits from ICE that we’ve discussed in prior client alerts.
Click here to read the alert.
May 06 2025 Event
2025 Quarterly Hospitality Roundtable: The Recipe for Success
Join a panel of experts from Ellenoff Grossman & Schole, HUB International, the New York State Restaurant Association and Total Food Service magazine for our next must-attend, informative hospitality industry seminar, where we will address the most frequently asked questions, issues, and concerns on timely topics impacting the industry and discuss industry predictions for the year to come.
Click here to register!
May 05 2025
Draganfly Inc. announced the closing of its underwritten public offering in the amount of $3,600,000. EGS acted as counsel to the underwriter.