McGuireWoods advised clients in a series of equity capital markets transactions through the first three quarters of 2025, including public and private offerings for companies in the healthcare, life sciences, energy and technology sectors.
The firm represented Titan Partners Group, a division of American Capital Partners, in six transactions totaling nearly $1.9 billion for Quantum Computing Inc., an integrated photonics and quantum optics technology company. In 2025, McGuireWoods lawyers advised on a $100 million placement that closed Jan. 9; a $200 million placement that closed June 24; a $500 million placement that closed Sept. 24; and a $750 million placement that closed Oct. 5.
In addition, McGuireWoods advised Titan in the following 2025 transactions:
- A $30 million registered direct offering for Cognition Therapeutics Inc., a clinical-stage company developing drugs to treat neurodegenerative disorders. Titan was the sole placement agent in the transaction, which closed Aug. 29.
- A $30 million follow-on public offering for Comstock Inc., a decarbonization company that commercializes systems to convert underutilized natural resources into renewable fuels, recovered metals and advanced materials. Titan was the lead underwriter in the offering, which closed Aug. 12.
- An up to $15 million at-the-market offering of common stock by SurgePays Inc., a wireless and point-of-sale technology company. Titan was the sales agent in the offering, which closed Aug. 5.
- A $15 million registered direct offering of common stock by Digi Power X Inc., a vertically integrated AI and digital infrastructure company. Titan was the sole placement agent in the offering, which closed July 22.
- A $25 million registered direct offering of common stock by United States Antimony Corp. Titan was the sole placement agent in the transaction, which closed Oct. 10.
McGuireWoods also advised the following clients in equity capital markets transactions this year:
- Newbridge Securities Corp. as sole placement agent in a $12 million private placement of common stock and warrants by Modular Medical Inc., a development-stage medical device company. The transaction closed March 20.
- Newbridge Securities Corp. as sole book-running manager in a $7 million public offering of common stock and warrants by Gain Therapeutics Inc., a clinical-stage biotech company. The offering closed July 16.
- Newbridge Securities Corp. as servicing agent in a $4.4 million exchange offer of existing warrants for common stock by Modular Medical Inc. The transaction was announced Sept. 29.
- Newbridge Securities Corp. as sole book-running manager in an underwritten public offering of common stock and warrants by VolitionRx Limited, a multinational epigenetics company. The transaction closed Oct. 9.
- Brookline Capital Markets, a division of Arcadia Securities LLC, as sole placement agent in a $5 million private placement of common stock by Sonendo Inc., a dental technology company. The transaction closed May 1.
- Brookline Capital Markets in an at-the-market offering of common stock by Longevity Health Holdings Inc., a bio-aesthetics company. The offering closed April 14.
- Investors in a $7.25 million private placement of common stock by Ernexa Therapeutics Inc., a biotechnology company developing cell therapies for treatment of advanced cancer and autoimmune disease. The transaction closed April 3.
- The Benchmark Co. as sole book-running manager in the initial public offering of ordinary shares by Sagtec Global Limited, a software solutions provider for the food and beverage industry in Malaysia. The offering closed March 6.
On the issuer side, McGuireWoods advised BioVie Inc. on its $12 million public offering of common stock and warrants issued Aug. 7, with ThinkEquity acting as the lead underwriter.
The firm represented biopharmaceutical company Biofrontera Inc. in an $11 million investment led by Rosalind Advisors Inc. and AIGH Capital Management to acquire all U.S. rights to Ameluz and RhodoLED from former parent company Biofrontera AG. The firm also represented Biofrontera in the acquisition. The transaction closed June 30.
The firm represented Direct Digital Holdings in a series of transactions converting an aggregate of $35 million of outstanding indebtedness for Series A Preferred Stock.
McGuireWoods lawyers advising on these deals include Stephen Older, Carly Ginley, Andrew Terjesen, Christian Knoble, Allison Lizotte, Richard Senior, Kendall Jones, Kevin Madagan, Allyson Maur and Matthew Chmiel.
“Our team has been incredibly active this year, guiding underwriters, agents and issuers through complex equity capital markets transactions in multiple industries, and we continue to be very active on the issuer side and underwriter side,” said Older, co-leader of the firm’s Capital Markets Practice Group. “The volume and diversity of these deals highlight McGuireWoods’ depth and ability to deliver results for clients across a range of industries.”