Posts
April 12 2024
Sugarfina Corporation announced the closing of its Registered Direct offering in the amount of $6,000,000. EG&S acted as counsel to the company.
April 10 2024
SINTX Technologies, Inc. announced the closing of its Public Offering in the amount of $1,500,000. EG&S acted as counsel to the Placement Agent.
April 08 2024
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.
April 08 2024
Aptevo Therapeutics Inc. announced the closing of its Public Offering in the amount of $4,600,000. EG&S acted as counsel to the Placement Agent.
April 04 2024
Keyarch Acquisition Corporation, a Cayman Islands exempted company, and ZOOZ Power Ltd., a limited liability company organized under the laws of the State of Israel and a leading provider of flywheel-based power boosting solutions for the EV charging infrastructure market, jointly announced the consummation of their previously disclosed business combination. Following the consummation of the Business Combination, ZOOZ becomes dual-listed for trading on the Nasdaq and on the Tel-Aviv Stock Exchange. The transaction is valued at approximately $100,000,000. EGS acted as counsel to Keyarch Acquisition Corporation.
April 03 2024
SuperCom Ltd. announced the closing of its Registered Direct offering in the amount of $2,900,000. EG&S acted as counsel to the Placement Agent.
April 03 2024
EGS Attorneys Named To The 2024 New York Metro Super Lawyers’ Top Women List
Ellenoff Grossman & Schole LLP is proud to announce that Partners Amanda M. Fugazy and Jennifer M. Schmalz have been named “Top Woman Super Lawyer”, Partner Valerie J. Bluth and Associates Shang Jiang and Amy Markel Scotto have been named “Top Woman Rising Stars” in the annual Super Lawyers’ New York Metro Top Woman 2024 list.
Click here for more information.
April 02 2024
Client Alert: T+1 Settlement is Coming May 28, 2024: What Market Participants Need to Know
Starting on May 28, 2024, the standard settlement date for purchases and sales of registered or freely-trading securities (like stocks and bonds) in the U.S. (meaning the date of the official transfer of securities to the buyer’s account and the cash to seller’s account) will be reduced from “trading day plus two business days”[1] (or T+2) to “trading day plus one business day” (or T+1). Participants in the U.S. capital markets, from buyers and sellers of securities, to broker-dealers, hedge funds and legal counsel, must be aware of and prepared for this important change.
Click here to read the alert.