Posts
March 03 2025
NewHold Investment Corp III announced the closing of its initial public offering in the amount of $201,300,000. EGS acted as counsel to the underwriter.
March 03 2025
Client Alert: Corporate Transparency Act Update: Enforcement Suspended (For Now)
In the latest development of the Corporate Transparency Act (“CTA”) saga, on February 27, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced in a release that it will not be issuing any fines or penalties or otherwise be taking any enforcement actions against companies who fail to file or make required updates to their beneficial ownership information (“BOI”) reports by the upcoming deadline of March 21, 2025.
Click here to read the alert.
February 28 2025 Event
The Restaurant Rulebook: Essential Legal Compliance for your Business – March 24, 2025
Join the Labor & Employment Lawyers from Ellenoff Grossman & Schole LLP for an in-person seminar on how to best reduce legal exposure in the workplace.
Click here to register.
February 27 2025
SUNation Energy Inc. announced the closing of its registered direct offering in the amount of $15,000,000. EGS acted as counsel to the placement agent.
February 27 2025
ReShape Lifesciences Inc. announced the closing of its public offering in the amount of $6,000,000. EGS acted as counsel to the placement agent.
February 26 2025
SINTX Technologies, Inc. announced the closing of its private placement in the amount of $5,000,000. EGS acted as counsel to the placement agent.
February 25 2025
Moleculin Biotech, Inc. announced the closing of its registered direct offering in the amount of $3,500,000. EGS acted as counsel to the placement agent.
February 24 2025
Client Alert Update: CTA Compliance is Back On, For Now
As discussed in a previous Client Alert, on December 3, 2024, a federal judge in Texas instituted a nationwide preliminary injunction of the Corporate Transparency Act (“CTA”). This was followed by a separate federal court national injunction against the CTA, the effects of which were to put the obligation of companies to report their beneficial ownership information (“BOI”) to the U.S. Financial Crimes Enforcement Network (“FinCEN”) on hold.
Click here to read the alert.