Posts
February 02 2026
Orion Energy Systems, Inc. announced the closing of its underwritten public offering in the amount of $7,000,000. EGS acted as counsel to the underwriter.
February 02 2026
Orion Energy Systems, Inc. announced the closing of its underwritten public offering in the amount of $7,000,000. EGS acted as counsel to the underwriter.
February 02 2026
Client Alert: New York Moves Toward Eliminating State Income Tax on Tips
Legislation has been proposed in New York that would exempt a portion of tipped income from New York State income tax. The proposed legislation would allow eligible employees to deduct up to $25,000 in tips from their New York taxable income. If enacted, the legislation would apply to taxable years beginning on or after January 1, 2026.
Click here to read the alert.
January 30 2026
Nuwellis, Inc. announced the closing of its private placement and warrant inducement offering in the amount of $5,000,000. EGS acted as counsel to the placement agent.
January 26 2026
SKYX Platforms Corp. announced the closing of its registered direct offering in the amount of $25,000,000. EGS acted as counsel to the placement agent.
January 16 2026
Beyond Air, Inc. announced the closing of its private placement offering in the amount of $5,000,000. EGS acted as counsel to the placement agent.
January 16 2026
Client Alert: DOL Opinion Letter Clarifies That Predetermined Bonuses Must Be Included in the Regular Rate of Pay
The U.S. Department of Labor’s Wage and Hour Division recently issued an Opinion Letter that provides guidance on treatment of certain bonus payments for purposes of calculating overtime under the Fair Labor Standards Act (“FLSA”). The opinion letter confirms that bonuses paid pursuant to predetermined or formula-based plans generally must be included in an employee’s regular rate of pay for overtime purposes and cannot be excluded as “discretionary”.
Click here to read the alert.
January 15 2026
AirJoule Technologies Corporation announced the closing of its public offering in the amount of $20,000,000. EGS acted as counsel to the placement agent.