Posts
June 05 2023
Chijet, Inc., a high-tech enterprise engaged in the development, production and sales of new energy vehicles, and their newly formed holding company, Chijet Motor Company, Inc. announced the completion of its previously announced business combination with Jupiter Wellness Acquisition Corp. EGS acted as counsel to Chijet, Inc.
June 04 2023
Beam Global announced the closing of its Underwritten Public Offering in the amount of $22,500,000. EG&S acted as counsel to the Underwriter.
June 03 2023
Microbot Medical Inc. announced the closing of its Registered Direct offering in the amount of $1,500,000. EG&S acted as counsel to the Placement Agent.
June 02 2023
NRX Pharmaceuticals, Inc. announced the closing of its Registered Direct offering in the amount of $6,280,000. EG&S acted as counsel to the Placement Agent.
June 02 2023
Digital Ally, Inc. and Clover Leaf Capital Corp. (“CLOE”), a publicly traded special purpose acquisition company, announced that Kustom Entertainment, Inc., a wholly-owned subsidiary of Digital Ally focused on live events, concert production and ticketing, and CLOE have entered into a merger agreement. The combined company will be known as Kustom Entertainment and will operate under the same management team as Kustom Entertainment, Inc. EGS acted as counsel to CLOE.
June 02 2023
BuzzFeed, Inc. announced the commencement of its At The Market Offering in the amount of 13,266,011 shares. EG&S acted as counsel to the Sales Agent.
June 01 2023
Stronghold Digital Mining, Inc. announced the commencement of its At The Market Offering in the amount of $15,000,000. EG&S acted as counsel to the Sales Agent.
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.