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… company in its initial public offering and several other securities offerings, as well as the acquisition of dermatology company Cutanea Life Sciences. The firm also advised Biofrontera on U.S. securities law and regulatory issues and litigation matters. Additional recent transactions include: Representing SinglePoint, a diversified holding company principally engaged through its subsidiaries in providing renewable energy solutions and energy-efficient applications, in a Regulation A offering of up to $75 million. The deal …

… and equity issuances in authoritative league tables. “We were pleased to help our clients execute these transactions and achieve their business objectives,” Older said. “These deals are a testament to the depth, talent and versatility of McGuireWoods’ securities and capital markets team.”

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 …

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 …

McGuireWoods advised Biofrontera Inc., the U.S. subsidiary of international biopharmaceutical company Biofrontera AG, in its initial public offering that closed Nov. 2, 2021, and a $15 million private placement in public equity (PIPE) offering that closed Dec. 1, 2021. Biofrontera specializes in commercialization of pharmaceutical products that treat dermatological conditions and diseases caused primarily by sun damage to the skin. Proceeds from the two transactions will enable the company to achieve its near-term …

McGuireWoods advised underwriters B. Riley Securities Inc. and Roth Capital Partners in a $35.2 million initial public offering of common stock by Journey Medical Corp., a spinoff from parent company Fortress Biotech (Nasdaq: FBIO). The transaction closed Nov. 16, 2021.The transaction follows an earlier financing round, in which the firm represented the placement agents in the issuance of Journey convertible preferred stock, providing critical financing necessary to bridge the company’s operations until …

… Capital transaction shows our ability to put together a team to tackle a fast-moving transaction in a short time frame. We have a number of other IPOs in the pipeline and see a strong pipeline on both the issuer and underwriter side.” 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 …

McGuireWoods advised Stifel, Nicolaus & Company, as representative of several underwriters, in a $63 million initial public offering of common stock by Karat Packaging Inc. The transaction closed on April 19, 2021.Stifel, Nicolaus & Company is a full-service retail and institutional wealth management and investment banking firm. William Blair, Truist Securities, National Securities Corporation and D.A. Davidson & Co. comprised the rest of the underwriting syndicate. Karat Packaging is a rapidly growing distributor and manufacturer …

McGuireWoods advised ThinkEquity, as representative of several underwriters, in an initial public stock offering by LMP Automotive Holdings Inc. The transaction closed Dec. 9, 2019. LMP operates an e-commerce site where users can buy, sell and rent new and used automobiles. As of the close of trading on Dec. 10, the stock is up 278 percent from the initial public offering price. ThinkEquity, a division of Fordham Financial Management Inc., is a New York …

McGuireWoods advised JMP Securities LLC as sole book-running manager and initial purchaser in RumbleOn Inc.’s recent Rule 144A private placement of $30 million of 6.75 percent senior convertible notes due in 2024 to qualified institutional buyers. The firm also represented JMP Securities as placement agent in RumbleOn’s concurrent $9.5 million private placement (PIPE) of Class B common stock to accredited investors.RumbleOn, an e-commerce company, expects to use $11 …

McGuireWoods served as placement agents’ counsel for National Securities Corp. and Craig-Hallum Capital Group in a $21.6 million private placement (PIPE) of Class B common stock by RumbleOn Inc.(NASDAQ: RMBL) The placement closed Oct. 29. The transaction funded RumbleOn’s acquisitions of Wholesale LLC, one of the largest independent U.S. distributors of used cars, and its related logistics company, Wholesale Express LLC. RumbleOn is an e-commerce platform that enables consumers …

McGuireWoods advised ExlService Holdings Inc., a leading operations management and analytics company, in its sale of $150 million in senior convertible notes to The Orogen Group. Orogen is a private operating company created by Vikram Pandit, former Citigroup CEO, and Atairos, a New York private equity fund. In connection with the investment, Pandit joined EXL’s board of directors. Securities partners Rakesh Gopalan and Stephen Older led the McGuireWoods deal team representing EXL. David Wolpa …

… corporate and securities matters, repeatedly ranking among the top 20 law firms in multiple categories for debt and equity issuances. *Licensed to practice law in New York, but not in North Carolina where his resident office is located.

A team of McGuireWoods corporate and securities lawyers, led by securities partners Stephen Older and Rakesh Gopalan, advised the underwriters and joint book-running managers Rodman & Renshaw, a unit of H.C. Wainwright & Co., LLC, and Joseph Gunnar & Co., LLC, in the U.S. initial public offering of American Depositary Shares and warrants of Oasmia Pharmaceutical AB (NASDAQ: OASM). The transaction closed on Oct. 28, 2015. Swedish pharmaceutical company Oasmia develops innovative cancer treatments for …

McGuireWoods advised business process solutions company ExlService Holdings Inc. (EXL) in its recently completed $74 million acquisition of RPM Direct and RPM Data Solutions. The purchase includes $47 million in cash and contingent cash consideration of up to $23 million, as well as $4 million of restricted stock. The cash consideration of the purchase price was funded by a combination of cash on hand and a drawdown on EXL’s existing revolving credit facilities. Stephen …

In December 2013, a team of McGuireWoods corporate and securities attorneys, led by partner Stephen Older and associate Rakesh Gopalan, provided legal counsel to the underwriters in connection with the registered public offering and settlement of $690 million of two series of convertible senior notes of American Realty Capital Properties, Inc. (ARCP), a publicly traded NASDAQ-listed real estate investment trust (REIT) with a market capitalization of $2.4 billion. Barclays Capital Inc. and Citigroup …

On Nov. 25, a team of McGuireWoods corporate and securities attorneys provided legal counsel to the distribution agents in connection with the establishment of a $500 million registered “at-the-market” offering of the common stock of American Realty Capital Properties, Inc. (ARCP), a publicly traded NASDAQ-listed real estate investment trust (REIT) with a market capitalization of $2.4 billion. The distribution agents under the program are: Barclays Capital Inc., Citigroup Global Markets Inc …

… transaction, in addition to our securities laws advice, we guided the underwriters through the broker-dealer/FINRA filing process.”

McGuireWoods LLP today announced that Stephen Older has joined the firm as a partner in its corporate and securities group in New York. As part of his practice, Older routinely represents both issuers and underwriters in a broad variety of securities transactions and has experience in a number of different industries, including healthcare, consumer and financial services and REITs, and has broad mergers and acquisitions and private equity experience. Older, a former partner at McDermott …