McGuireWoods Advises SinglePoint in Historic $4 Million Public Offering   

December 19, 2023

McGuireWoods assisted SinglePoint Inc., a renewable energy and sustainable solutions provider, in the company’s transition to the Cboe BZX Exchange and its underwritten public offering of common stock.

SinglePoint is the first U.S. company to be listed on the Cboe BZX Exchange. Shares began trading Dec. 15, 2023, under the symbol (Cboe:SING).

The company’s public offering of 800,000 shares of common stock at $5 per share is estimated to be valued at $4 million. The capital will enable SinglePoint to execute its national acquisition strategy, which creates a simplified network of services related to renewable solar energy production and storage. The offering closed Dec. 19, 2023.

McGuireWoods partner Stephen Older and counsel David Wolpa led the transaction, with the assistance of counsel Matt Chmiel and associates Spencer Park and Porter Durham. They are members of the firm’s Securities & Capital Markets Department.

“We were pleased to assist SinglePoint in these complex transactions, which position the company to execute its business strategy and continue its success,” Older said.  

Wil Ralston, chief executive officer of SinglePoint, noted: “McGuireWoods was the perfect partner for us on the transaction, highly knowledgeable and incredibly responsive.”

McGuireWoods consistently ranks among the leading law firms for advising corporate issuers and underwriters in U.S. capital markets transactions and has earned global recognition for its work representing clients in corporate and securities matters.