Posts
June 01 2023
Client Alert: Call To Action: The Sweat Act Is Once Again On The Table
The Securing Wages Enforced Against Theft (“SWEAT”) Act is starting to gain traction in the State legislature again. This harmful legislation would allow for employees who believe they are victims of wage theft to take out a personal lien on business owners, managers, and other shareholders before proving their case. If passed, we would likely see a dramatic increase in the amount of litigation in this space and this bill would severely hamper businesses from being able to operate.
Click here to read the alert.
May 31 2023
Microbot Medical Inc. announced the closing of its Registered Direct offering in the amount of $2,660,000. EG&S acted as counsel to the Placement Agent.
May 30 2023
Agile Therapeutics, Inc. announced the closing of its Public Offering in the amount of $7,500,000. EG&S acted as counsel to the Placement Agent.
May 30 2023
Client Alert: New York City Enacts Height and Weight Anti-Discrimination Law
Last Friday, May 26, 2023, New York City enacted an anti-discrimination law that prohibits discrimination in employment, housing, and access to public businesses based on an individual’s height or weight. This new law will go into effect on November 22, 2023.
Click here to read the alert.
May 28 2023
Citius Pharmaceuticals, Inc. announced the closing of its Registered Direct offering in the amount of $15,000,000. EG&S acted as counsel to the Placement Agent.
May 25 2023
Acurx Pharmaceuticals, Inc. announced the closing of its Registered Direct offering in the amount of $4,000,000. EG&S acted as counsel to the Placement Agent.
May 23 2023
Daxor Corporation (Nasdaq: DXR), the global leader in blood volume measurement technology, announced the pricing of its previously announced underwritten public offering. Gross proceeds from the offering are expected to be approximately $4 million. EGS acted as counsel to Maxim Group LLC, the sole book-running manager in the offering.
May 23 2023
NovaBay Pharmaceuticals, Inc. announced the closing of its Private Placement offering in the amount of $3,000,000. EG&S acted as counsel to the Placement Agent.