David concentrates his practice on securities, capital markets transactions, mergers and acquisitions and general corporate matters, representing issuers in a wide variety of industries, including healthcare and life sciences, manufacturing and technology, as well as investment banks acting as underwriters or placement agents.
David has experience counseling publicly traded clients on matters pertaining to securities law compliance, stock exchange listing standards and corporate governance issues. He also works closely with directors and senior management on a broad range of other legal matters, including corporate governance, fiduciary duties and stock exchange listing compliance issues.
David is dedicated to applying his experience and deep understanding of securities and corporate law to advance his client’s business goals and objectives.
Prior to joining McGuireWoods, David worked for a full-service law firm in Chicago, Illinois.
Experience
- Representation of Newbridge Securities Corporation, as sole book-running manager and as placement agent, in connection with a $9.4 million public offering and concurrent private placement of common stock and warrants by Gain Therapeutics, Inc. (Nasdaq: GANX), a clinical-stage biotech company leading the discovery and development of next generation allosteric therapies.
- Representation of ThinkEquity, as underwriter, in connection with an approximate $8.5 million follow-on public offering of common stock and pre-funded warrants by TransCode Therapeutics, Inc. (Nasdaq: RNAZ), an emerging RNA oncology company created on the belief that cancer can be defeated through the intelligent design and effective delivery of RNA therapeutics.
- Representation of Journey Medical Corporation (Nasdaq: DERM), commercial-stage biopharmaceutical company that focuses on the development and commercialization of pharmaceutical products for the treatment of dermatological conditions, in connection with the establishment of an at-the-market program for the offering of common stock.
- Representation of a privately held clinical-stage biopharmaceutical company in the private placement of convertible preferred stock.
- Representation of Avenue Therapeutics, Inc. (Nasdaq: ATXI), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of central nervous system diseases, in a registered direct offering and concurrent private placement.
- Representation of Avenue Therapeutics, Inc. (Nasdaq: ATXI), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of central nervous system diseases, in a $12 million follow-on public offering of units consisting of common stock (or pre-funded warrants) and warrants.
- Representation of a not-for-profit, member-owned credit union in its $200 million private offering of subordinated notes.
- Representation of Direct Digital Holdings Inc. (Nasdaq: DRCT), an end-to-end full-service digital advertising platform, in its $15.4 million initial public offering of Class A common stock.
- Representation of The Benchmark Company, as lead book-running manager, in connection with the $15 million initial public offering of ordinary shares by FGI Industries Ltd. (Nasdaq: FGI), a leading global supplier of kitchen and bath products.
- Representation of Alliance Global Partners, an investment and advisory firm, as sole book-running manager, in connection with a $10 million public offering of common stock by Enveric Biosciences (Nasdaq: ENVB), an innovative biotechnology company developing next-generation mental health and oncology treatments and clinical discovery platform.
- Representation of Alliance Global Partners, an investment and advisory firm, as exclusive placement agent, in connection with a $7 million registered direct offering of common stock by Tanzanian Gold Corp. (TSX: TNX, NYSE: TRX), a company engaged in the exploration and development of mineral property interests in the United Republic of Tanzania.
- Representation of B. Riley Securities, Inc., as representative of several underwriters, in a $35 million initial public offering of common stock by Journey Medical Corporation (Nasdaq: DERM), a commercial-stage pharmaceutical company that focuses on the development and commercialization of pharmaceutical products for the treatment of dermatological conditions.
- Representation of B. Riley Securities, Inc., as representative of several underwriters, in a $45.2 million initial public offering of common stock by Cognition Therapeutics, Inc. (Nasdaq: CGTX), a clinical-stage biopharmaceutical company engaged in the discovery and development of innovative, small-molecule therapeutics targeting age-related degenerative diseases and disorders of the central nervous system and retina.
- Representation of ThinkEquity, a division of Fordham Financial Management Inc., as underwriter in a $28.75 million initial public offering of common stock by TransCode Therapeutics Inc. (Nasdaq: RNAZ), an emerging RNA oncology company.
- Representation of Teledyne Technologies, Inc. (NYSE: TDY), a leading provider
of sophisticated electronic components, instruments and communications products,
in its $8 billion acquisition of FLIR Systems, Inc. (Nasdaq: FLIR), a
world-leading industrial technology company focused on intelligent sensing
solutions for defense and industrial applications. - Representation of ThinkEquity, as representative of the several underwriters,
in the $25 million initial public offering by TransCode Therapeutics, Inc.
(Nasdaq: RNAZ), an emerging RNA oncology company created on the belief that
cancer can be defeated through the intelligent design and effective delivery of
RNA therapeutics. - Representation of Cleveland BioLabs, Inc. (Nasdaq: CBLI), an innovative
biopharmaceutical company developing novel approaches to activate the immune
system and address serious medical needs, in its merger with Cytocom Inc., a
private a clinical-stage biopharmaceutical company developing novel
immunotherapies targeting autoimmune, inflammatory, infectious diseases and
cancers based on a proprietary, multi receptor platform, or the AIMS platform,
designed to rebalance the body’s immune system and restore homeostasis. - Representation of Stifel, Nicolaus & Company, as representative of several underwriters, in a $63 million initial public offering of common stock by Karat Packaging Inc. (Nasdaq: KRT), a rapidly-growing specialty distributor and select manufacturer of environmentally-friendly disposable foodservice products and related items.
- Representation of National Securities Corp., acting as exclusive placement agent, in connection with a private of and sale of convertible promissory notes and warrants by Ordergroove, Inc., the operator of an e-commerce platform for retailers.
- Representation of National Securities Corp., acting as exclusive placement agent, in connection with a private offering and sale of preferred stock by Cyprium Therapeutics, Inc., a clinical-stage biopharmaceutical company.
- Representation of National Securities Corp., acting as sole book-running manager, in connection with a public offering and sale of common stock by Super League Gaming, a company that brings live and digital e-sports entertainment experiences directly to competitive gamers.
- Representation of B. Riley FBR, Inc. (formerly FBR Capital Markets & Co.) as placement agent in connection with the extension of its existing relationship with Soligenix, Inc. (Nasdaq: SNGX), a late-stage biopharmaceutical company.
- Representation of Alliance Global Partners (AGP), a regional investment and advisory firm providing investment advisory and brokerage services to individuals and institutions, in connection with the launch of an at-the-market program in which AGP serves as placement agent to ProPhase Labs, Inc. (Nasdaq: PRPH), a manufacturing and marketing company with experience with OTC consumer healthcare products and dietary supplements.
- Representation of Pareteum Corporation (Nasdaq: TEUM), a global cloud communications platform company, in its issuance of $17.5 million in senior secured convertible notes, with warrants, to an institutional investor.
- Representation of a publicly traded innovative biopharmaceutical company developing novel approaches to activate the immune system and address serious medical needs in its $3.175 million at-the-market registered direct offering of common stock.
- Representation of ThinkEquity, as representative of the several underwriters, in the initial public offering by LMP Automotive Holdings Inc. (Nasdsq: LMPX), an e-commerce and facilities-based platform where users can buy, sell and rent new and used automobiles.
- Representation of ThinkEquity, as sole book-running manager, in the $19.2 million follow-on equity offering by LMP Automotive Holdings Inc. (Nasdsq: LMPX), an e-commerce and facilities-based platform where users can buy, sell and rent new and used automobiles.
- Representation of Speedway Motorsports, Inc. (NYSE:TRK), a leading marketer and promotor of motorsports entertainment, in its public company “going private” 2-step tender offer and merger transaction with Sonic Financial Corporation and O. Bruton Smith and his family, in a transaction valued at over $265 million.
- Representation of JMP Securities, initial purchaser and placement agent, in connection with a concurrent $30 million Rule 144A convertible debt and $9.5 million private placement (PIPE) of Class B Common Stock of RumbleOn, Inc. (Nasdaq: RMBL).
- Representation of National Securities Corp., lead book-running manager, and Craig-Hallum Capital Group, joint book-running manager, in a $7.5 million underwritten public offering of Class B Common Stock of RumbleOn, Inc. (Nasdaq: RMBL).
- Representation of National Securities Corp. and Craig-Hallum Capital Group as placement agents in connection with a $21.6 million private placement (PIPE) of Class B common stock by RumbleOn, Inc. (Nasdaq: RMBL).
- Representation of National Securities Corp. as underwriter in connection with an underwritten public offering of Class B Common Stock by RumbleOn Inc. (Nasdaq: RMBL).
- Representation as underwriters’ counsel of National Securities Corp., as representative of the underwriting syndicate, in connection with a follow-on public offering of common stock by Checkpoint Therapeutics, Inc. (Nasdaq: CKPT), a clinical-stage immune-oncology biopharmaceutical company.
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Loyola University Chicago School of LawJD
magna cum laude, Dean’s List, Senior Member, Loyola University Chicago Law Journal
2008 -
University of Illinois at Urbana-ChampaignBAPolitical Science and History
summa cum laude, Phi Beta Kappa
2004
Member, American Bar Association
- Author, SEC Adopts Cybersecurity Risk Management Strategy Governance Incident Disclosure Rules, McGuireWoods Legal Alert, July 27, 2023
- Author, SEC Proposes New, Formal Cybersecurity Disclosure Rules, McGuireWoods Legal Alert, March 16, 2022
- Author, SEC Proposes Change to Rule 144 Holding Period for Variable Rate Convertible Securities, McGuireWoods Legal Alert, December 29, 2020
- Author, SEC Report Reiterates Cybersecurity Implications for Internal Control Requirements, Password Protected, October 17, 2018
- Author, SEC Takes Steps to Reduce Burden of Being Public on Smaller Companies, McGuireWoods Legal Alert, July 3, 2018
- Author, Between a Rock and a Hard Place: SEC Disclosure Analysis in Light of Yahoo Settlement, McGuireWoods Legal Alert, May 8, 2018
- Author, SEC Approves New Statement and Interpretive Guidance on Cybersecurity, McGuireWoods Legal Alert, February 26, 2018
- Author, SEC to Allow Abbreviated Tender or Exchange Offers for Non-Convertible Debt Securities, McGuireWoods Legal Alert, February 3, 2015
- Author, SEC Charges 28 Corporate Insiders with Failing to Disclose Transactions in Company Stock, McGuireWoods Legal Alert, September 11, 2014
- Illinois
- North Carolina
- Speaker, "SEC Report on Recent Cybersecurity Incidents", SEC Compliance and Disclosure Update, McGuireWoods LLP SEC Practice Complimentary Webinar Series, February 5, 2019
- Speaker, "SEC's Revised Smaller Reporting Company Rules", SEC Compliance and Disclosure Update, McGuireWoods LLP SEC Practice Complimentary Webinar Series, September 25, 2018
- Speaker, "Proposed rules on disclosure simplification ", SEC Compliance and Disclosure Update, McGuireWoods LLP SEC Practice Complimentary Webinar Series, September 27, 2016
- Speaker, "Cybersecurity Disclosure and Risk Insurance", SEC Compliance and Enforcement Update, McGuireWoods LLP SEC Practice Complimentary Webinar Series, September 23, 2014
- Speaker, "Cybersecurity Disclosure", SEC Compliance and Disclosure Update, McGuireWoods LLP SEC Practice Complimentary Webinar Series, April 22, 2014