Sichenzia Ross Ference LLP

Author Archives: Sichenzia Ross Ference LLP

Sichenzia Ross Ference LLP is a full service law firm with a nationally recognized corporate, securities and litigation practice that provides experienced representation in all matters involving the securities industry.  In addition to handling routine to complex commercial matters, SRF’s renowned litigation department specializes in defending companies and individuals against all types of securities cases, including class action lawsuits, shareholder derivative actions, and matters involving allegations of fraud, misrepresentation or other securities violations.  The litigation team has also brought defamation lawsuits against companies and individuals related to market manipulation.  Additionally, it represents individuals and companies in investigations by the Securities and Exchange Commission (SEC) and other regulatory bodies.  The litigation team has a robust practice representing brokers and broker-dealers in arbitrations before the Financial Industry Regulatory Authority (FINRA).  These arbitrations typically involve claims of unsuitability, churning, unauthorized trading and other allegations of broker misconduct.  Finally, SRF has a burgeoning expungement practice, where it represents brokers seeking to have negative and harmful customer complaints removed from their industry records.  The firm complements its core practice areas with an established commercial real estate and trusts and estates practice. Visit SRF's LinkedIn page

Litigation Paralegal

Job description

Sichenzia Ross Ference LLP currently has an excellent full-time employment opportunity in their Litigation Practice Group.  We offer competitive compensation and an excellent benefits package.

Position Summary

The successful candidate will be a college graduate or experienced. This position will assist the practice group in all phases of litigation, including, but not limited to, pleadings, discovery and trial preparation

Duties & Responsibilities

  • Review documents for relevance; organize responsive documents for review by the attorneys for production purposes and use at upcoming depositions, hearings or trial;
  • Perform simple cite checking and proof reading of legal briefs and other legal documents;
  • Conduct legal and factual research on individuals, corporations;
  • Handle case management from initial filing through trial and appeal;
  • Assists with trial preparation, including creating trial notebooks, maintain and tracking exhibits, and coordinating witness schedules;
  • Reviews and summarizes document, depositions, and court transcripts; creating and using substantive coding tools
  • Assist in arbitrator selection

 

Skills & Competencies

  • Proficient in Microsoft Office
  • Basic technological and research skills
  • Software: Word, Excel, Outlook

 

Qualifications & Prior Experience

  • 2-4 years experience as a Paralegal in a law firm
  • College degree or Paralegal certification required
  • Ability to prioritize workload
  • Strong attention to detail a must
  • FINRA Arbitration experience is a plus
  • Candidate should also be flexible to work overtime as needed

Job type: Full-time

Please forward your resumes to tbarone@srf.law

Sichenzia Ross Ference to Sponsor Gravitas Securities 6th Annual Growth Conference

Sichenzia Ross Ference is proud to be a Gold Sponsor of the Gravitas Securities 6th Annual Growth Conference taking place on Thursday, March 2nd, 2023, at the Fairmont Pacific Rim Hotel in Vancouver, BC. This year’s event will welcome an extensive audience that will include retail, venture capital, family office, and institutional investors, as well as investment bankers from all over Canada and abroad. For the 6th consecutive year, the event will help to empower truly incredible companies and leaders who collectively help to shape the Canadian and global growth capital markets. With a wide array of industries featured year after year and the most prominent names in the small-cap community in the same place at the same time, the event is widely anticipated.

Memorandum RE: Pay v. Performance Disclosure Rules

Item 402(v) of Regulation S-K

On August 25, 2022, the Securities and Exchange Commission (SEC) adopted Item 402(v) of Regulation S-K, requiring companies to provide certain “pay versus performance” disclosures regarding the relationship between executive compensation actually paid and the company’s financial performance in any proxy statement or information statement for which Item 402 executive compensation disclosure is required. 

To Which Companies Does the Pay v. Performance Rule Apply?

With the exception of emerging growth companies (EGCs), foreign private issuers, or registered investment companies, all issuers must provide the information required by Item 402(v). Smaller reporting companies (SRCs) that have ceased to be EGCs will be permitted to provide scaled disclosures.

What Must Issuers Subject to the Pay v. Performance Rule Provide?

Issuers must provide a Pay v. Performance Table in the applicable formats set forth below. For registrants other than SRCs, the table must disclose specified executive compensation and financial performance measures for the registrant’s five most recently completed fiscal years; SRCs, instead, will provide information for the three most recently completed fiscal years.

Issuers Other than SRCs

Year Summary Compensation Table Total for Principal Executive Officer (PEO) Compensation Actually Paid to PEO Average Summary Compensation Table Total for Non-PEO Named Executive Officers (NEOs) Average Compensation Actually Paid to Non-PEO NEOs Value of Initial Fixed $100 Investment Based On: Net Income [Company-Selected Measure](3)
Total Shareholder Return (TSR)(1) Peer Group Total Shareholder Return(2)
(a) (b) (c) (d) (e) (f) (g) (h) (i)
Y1
Y2
Y3
Y4
Y5  

 

(1) Calculated using the same method as required under Item 201(e) of Regulation S-K for the registrant’s stock performance graph: divide (i) the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and (ii) the difference between the registrant’s share price at the end and the beginning of the measurement period, by the share price at the beginning of the measurement period.

(2) Registrants may use either the same peer group used for purposes of Item 201(e) of Regulation S-K, or a peer group used in the registrant’s Compensation Discussion and Analysis for purposes of disclosing a registrant’s compensation benchmarking practices, weighted as described in Item 402(v).

(3) Registrants may use either the same peer group used for purposes of Item 201(e) of Regulation S-K, or a peer group used in the registrant’s Compensation Discussion and Analysis for purposes of disclosing a registrant’s compensation benchmarking practices, weighted as described in Item 402(v).

 

SRCs

Year Summary Compensation Table Total for PEO Compensation Actually Paid to PEO Average Summary Compensation Table Total for Non-PEO NEOs Average Compensation Actually Paid to Non-PEO NEOs Value of Initial Fixed $100 Investment Based On TSR(1) Net Income
(a) (b) (c) (d) (e) (f) (g)
Y1
Y2
Y3

(1) Calculated using the same method as required under Item 201(e) of Regulation S-K for the registrant’s stock performance graph: divide (i) the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and (ii) the difference between the registrant’s share price at the end and the beginning of the measurement period, by the share price at the beginning of the measurement period.

Further Requirements: Per the SEC’s Small Entity Compliance Guide, in addition to the Pay v. Performance Tables, issuers must provide the following:

Footnotes to the table. Under the amendments, registrants are required to disclose specified information in footnotes to the table, including the name of each PEO and each non-PEO NEO included in the average compensation amount and amounts deducted or added to calculate executive compensation actually paid.

Relationship disclosure. Item 402(v) also requires a registrant to provide a clear description of the relationships between (1) each of the financial performance measures included in the table and (2) the executive compensation actually paid to its PEO and, on average, to its other NEOs over the registrant’s five most recently completed fiscal years (or three most recently completed fiscal years for SRCs). Registrants other than SRCs are required to also include a description of the relationship between the registrant’s TSR and its peer group TSR. Registrants may present the descriptions of these relationships by means of graphical or narrative disclosures or a combination of both.

Tabular List. Registrants other than SRCs are also required to provide a list (“Tabular List”) of three to seven financial performance measures that the registrant determines are its most important measures (using the same approach as taken for the Company-Selected Measure). Registrants are permitted, but not required, to include non-financial measures in the Tabular List if they considered such measures to be among their three to seven “most important” measures.

Inline XBRL. All registrants are required to use Inline XBRL to tag their pay versus performance disclosure in the relevant proxy or information statement, subject to a transition period for SRCs described below. Registrants will be required to separately tag each value in the Pay v. Performance Table, block-text tag the footnote and relationship disclosures and, for non-SRCs, the Tabular List, and tag specific data within the footnote disclosures.

Where Must the Pay v. Performance Table be Located?

Item 402(v) affords reporting companies flexibility in determining where in the proxy or information statement to provide the Pay v. Performance Table, as the SEC believed that mandating disclosure in the Compensation Discussion & Analysis could cause confusion as it might suggest that the company considered the pay v. performance relationship in its compensation decisions, which may or may not be the case.  The information required by Item 402(v) will not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act, including Part III of Form 10-K, except to the extent that the company specifically incorporates it by reference.

What are the Compliance Dates for the Pay v. Performance Rule?

Registrants subject to Item 402(v) must begin to comply with these disclosure requirements in proxy and information statements that are required to include Item 402 of Regulation S-K disclosure for any annual meeting of shareholders for fiscal years ending on or after December 16, 2022. The rule outlines phase-in periods as set forth in the chart below:

Proxy or Information Statement Number of Years for which Disclosure Must Be Provided Inline XBRL Tagging Required?
Registrants (other than SRCs)
First filing providing disclosure Three years Yes
Second filing providing disclosure Four years Yes
Third filing providing disclosure Five Years Yes
SRCs
First filing providing disclosure Two years No
Second filing providing disclosure Three years No
Third filing providing disclosure Three years Yes

For companies newly subject the Exchange Act’s reporting requirements, information for fiscal years prior to the last completed fiscal year will not be required.

For further information, please reference final rule here.

Sichenzia Ross Ference LLP Represents ThinkEquity LLC in $10 Million Investment In TECO 2030

TECO 2030

Press Release – New York, NY – November 16, 2022 – Sichenzia Ross Ference LLP announced today that it represented ThinkEquity LLC as placement agent in connection with a $10 million strategic investment in TECO 2030 AS, a Norwegian based clean tech company developing zero-emission technology for the maritime and heavy industry. The investment was in the form of 13,443,875 shares of TECO for an aggregate consideration of $7 million USD, with convertible bonds of TECO in the principal amount of $3 million USD.

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Sichenzia Ross Ference LLP Represents Murphy Canyon Acquisition Corp. in Definitive Merger Agreement with Conduit Pharmaceuticals Limited

Murphy Canyon

Press Release – New York, NY November 9, 2022 – Sichenzia Ross Ference LLP announced today that it represented Murphy Canyon Acquisition Corp. (Nasdaq: MURF), a publicly traded special purpose acquisition company (SPAC) in a definitive merger agreement with Conduit Pharmaceuticals Limited (“Conduit”). The combined company is anticipated to have an implied initial enterprise value of approximately $700.49 million, and the transaction is expected to deliver cash proceeds of around $149.36 million to Conduit (assuming no redemptions). The combined company’s common stock is anticipated to be listed on Nasdaq under the ticker symbol “CDT”, which is expected to occur in the first quarter of 2023.

The Sichenzia Ross Ference LLP team was led by partners Darrin Ocasio, Arthur Marcus, Avital Perlman, associate Michael Blane, and law clerk Anastasia Hayes. 

Sichenzia Ross Ference LLP Represents Hudson Acquisition I Corp. in $68.4 Million Initial Public Offering

Press Release – New York, NY –  October 21, 2021 – Sichenzia Ross Ference LLP announced today that it represented Hudson Acquisition I Corp. (NASDAQ: HUDA) in its initial public offering.  HUDA is a Special Purpose Acquisition Company.  The Hudson Management team is led by CEO Jiang Hui, a seasoned financial professional with deep experiences in banking and securities business, along with an experienced board.

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Sichenzia Ross Ference LLP Represents The Singing Machine Company, Inc. In $15 Million Senior Secured Financing with Fifth Third Bank, N.A.

the singing machine logo

Press Release – New York, NY – October 20, 2022 – Sichenzia Ross Ference LLP announced today that it represented The Singing Machine Company, Inc. (NASDAQ: MICS) (“The Company”) in its agreement with Fifth Third Bank, N.A. (“Fifth Third”) for senior secured financing. Under the agreement, Fifth Third will provide the Company with up to $15.0 million dollars in asset-based lending during the Company’s peak shipping season, and reduce to $7.5 million from January 1st to June 30th.

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Sichenzia Ross Ference LLP Represents ThinkEquity LLC in $6.87 Million Public Offering of Common Stock of Twin Vee PowerCats Co.

twin vee

Press Release – New York, NY – October 3, 2022 – Sichenzia Ross Ference LLP announced today that it represented ThinkEquity LLC in the public offering of the common stock of Twin Vee PowerCats Co. (NASDAQ: VEEE), a manufacturer, distributor, and marketer of power sport catamaran boats. The offering consisted of 2,500,000 shares of its common stock at a public offering price of $2.75 per share, for gross proceeds of $6,875,000. The Company has granted the underwriters a 45-day option to purchase up to an additional 375,000 shares of common stock to cover over-allotments.

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Sichenzia Ross Ference LLP Represents Laidlaw & Company (UK) Ltd. in $5.75 Million Public Offering and Nasdaq Uplisting of Silo Pharma, Inc.

silopharma logo

Press Release – New York, NY – October 3, 2020 – Sichenzia Ross Ference LLP announced today that it represented Laidlaw & Company (UK) Ltd. in the $5.75 million initial public offering and Nasdaq uplisting of Silo Pharma, Inc. (Nasdaq: SILO), a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research.  1,150,000 shares of common stock, which included the full exercise of the underwriters’ over-allotment option, were sold to the public at a price of $5.00 per share.  Silo Pharma’s common stock began trading on the Nasdaq Capital Market under the ticker symbol “SILO” on September 27, 2022.

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Mid-Level Corporate Associate

Sichenzia Ross Ference LLP is seeking Mid-Level Corporate Associate with 3-5 years of experience in the field of securities and corporate law. This is an excellent opportunity for skilled candidates looking to work in a nationally recognized securities practice located in midtown NYC. The firm also supports working remotely.

Sichenzia Ross Ference LLP offers a comprehensive compensation and benefits package including a bonus and potential % of origination on new business.

Qualifications

 Knowledge with registered securities offerings, PIPEs, SEC regulations, ’33 Act Registration Statements, and ’34 Act periodic filings, mergers & acquisitions, general corporate law and SEC research.

  • A minimum of 3-5 years of experience with regulatory requirements and compliance issues
  • Self-motivated and proactive approach to managing client relationships: must be invested in our clients and deeply committed to obtaining the best possible outcome for them.
  • Excellent interpersonal communication skills and exemplary attention to detail.
  • 2+ years of substantive legal experience working for high-growth, early-stage businesses and active investors in connection with incorporations, equity financings, securities, mergers and acquisitions, and general corporate counseling.

Please send resumes to tbarone@srf.law

Junior Level Corporate Associate

Sichenzia Ross Ference LLP is seeking a Junior Level Corporate Associate with 1-3 years of experience in the field of securities and corporate law. This is an excellent opportunity for skilled candidates looking to work in a nationally recognized securities practice located in midtown NYC. The firm also supports working remotely.

Salary Range: Commensurate with experience

Sichenzia Ross Ference LLP offers a comprehensive compensation and benefits package including a bonus and potential % of origination on new business.

Qualifications: 

  • Knowledge with registered securities offerings, PIPEs, SEC regulations, ’33 Act Registration Statements, and ’34 Act periodic filings, mergers & acquisitions, general corporate law and SEC research
  • A minimum of 1 year of experience with regulatory requirements and compliance issues
  • Self-motivated and proactive approach to managing client relationships: must be invested in our clients and deeply committed to obtaining the best possible outcome for
  • Excellent interpersonal communication skills and exemplary attention to
  • 1+ years of substantive legal experience working for high-growth, early-stage businesses and active investors in com1ection with incorporations, equity financings, securities, mergers and acquisitions, and general corporate counseling.

Please send resumes to tbarone@srf.law

Trust & Estates Legal Assistant

The Trusts & Estates practice group of Sichenzia Ross Ference LLP seeks a legal assistant.  This is a new position with room to grow.  Applicants must have a minimum of 2 years’ experience working full time in a law firm.  The candidate who takes pride in their work will be organized, detail oriented and have excellent time management skills.  Candidates must have an unexpired New York notary license or be willing to take the New York notary exam (within the first 90 days of employment). The legal assistant will be working alongside the Trusts & Estates Partner and Senior Paralegal.

 

Requirements:

  • Minimum 2 years’ experience as a legal assistant at a law firm. Trusts & Estates law a plus.
  • 4 year college degree OR as least 5 years law firm experience.
  • Required to be in the office 5 days a week. This is not a work from home or remote position.
  • Have a NY notary license – unexpired or will take the NY exam within the first 90 days of employment.
  • Organized, detail oriented and have excellent time management skills- someone who can prioritize and work with deadlines as IRS tax deadlines are very important in our practice.

 

Responsibilities:

  • Clerical work including monitoring incoming mail, daily filing, preparing overnight deliveries and monitoring incoming calls.
  • Calendar – knowledge of Microsoft Outlook Calendar a plus
    • Track due dates for estate tax returns (and extensions)
    • Set up ZOOM, Google Meet or DIAL-in for client meetings
  • Time Entry (weekly) – experience as a timekeeper at a law firm a plus.
  • Document production – preparation of estate tax return binders a plus.
  • Follow procedures after Wills, Trusts and Advance directives are signed including preparing conformed copies and mailing to clients.
  • Prepare draft probate petitions and administration petitions.
  • E-file on court website.

Please send resumes to tbarone@srf.law

Sichenzia Ross Ference LLP Represents Splash Beverage Group, Inc. in $3.1 Million Underwritten Public Offering  

Splash Beverage Acquisition

Press Release – New York, NY – September 28, 2022 – Sichenzia Ross Ference LLP today announced that it represented Splash Beverage Group, Inc. (NYSE American: SBEV), a portfolio company of leading beverage brands, in an underwritten public offering. The offering consisted of 2,000,000 shares of common stock at a price to the public of $1.55 per share.  The gross proceeds of the offering to the company were approximately $3.1 million.

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Founding Partner Gregory Sichenzia Discusses Reverse Mergers with Law360

Press Release – New York, NY – September 19, 2022 – Sichenzia Ross Ference LLP founding partner Gregory Sichenzia recently spoke with Tom Zanki of Law360 to discuss the growing prominence of reverse mergers as the SPAC market cools off. The article, which can be read on the Law360 website here, includes the following context and quotes from Sichenzia:

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Sichenzia Ross Ference LLP Represents Laidlaw & Company (UK) Ltd. in $2.3 Million Registered Direct Offering of Common Stock and Concurrent Private Placement of Warrants of Amesite Inc.

amesite logo

Press Release – New York, NY – September 1, 2022 – Sichenzia Ross Ference LLP announced today that it represented Laidlaw & Company (UK) Ltd. as sole placement agent for Amesite Inc. (NASDAQ: AMST), a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets, in a registered direct offering of 4,181,821 shares of common stock, and a concurrent private placement of warrants to purchase 4,181,821 shares of common stock, at a combined purchase price of $0.55. The gross proceeds to Amesite from this offering were approximately $2.3 million, before deducting placement agent fees and other offering expenses.

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Sichenzia Ross Ference LLP Represents Mobilicom Limited in $13.3 Million Initial Public Offering and NASDAQ Listing

Mobilicom Limited

Press Release – New York, NY – August 29, 2022 – Sichenzia Ross Ference LLP announced today that it represented Mobilicom Limited (NASDAQ: MOB and MOBBW), an Australian company based in Israel, in its initial public offering and NASDAQ listing. Mobilicom is a provider of cybersecurity and smart solutions for drones, robotics, and autonomous platforms. Its initial public offering consisted of 3,220,338 units, including 362,338 units sold upon full exercise of the underwriter’s option. Each unit was sold at a price of $4.13 and consisted of one American Depository Share (“ADS”) and one warrant to purchase an additional ADS at an exercise price of $5.00. Mobilicom’s ordinary shares are also traded on the Australian stock exchange under the symbol MOB.AX. The gross proceeds from the offering were approximately $13.3 million, before deducting underwriting discounts and offering expenses.  

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In Memorium of Robert M. Birnbaum

It is with a heavy heart and profound sadness that we share that our partner and friend Robert Birnbaum passed away last Friday afternoon.

Robert was a wonderful addition to our firm and we are so grateful to have had the chance to work with him these past years. He was kind and generous with his time. He was incredibly approachable and a steady and calming presence in the office. He was always willing to share his wisdom and experience with everyone at the firm.

Robert was an exceptional attorney, loving husband and father and mentor to all of us. We are lucky to have shared even just a handful of years with him. He will be greatly missed.

Donations and contributions in Robert’s name can be made to Kripplebush-Lyonsville Fire Co. Inc., sent to: 519 Pine Bush Rd, Stone Ridge, NY 12484

Please keep Robert and his family in your thoughts and prayers.

Sichenzia Ross Ference LLP Represents ThinkEquity LLC in $17.25 Million Initial Public Offering of Common Stock of Forza X1, Inc.

forza x1 logo

Press Release – New York, NY – August 16, 2022 – Sichenzia Ross Ference LLP announced today that it represented ThinkEquity LLC in the initial public offering of the common stock of Forza X1, Inc. (NASDAQ: FRZA), a developer of electric sport boats with a mission of sustainable recreational boating. The offering consisted of 3,450,000 shares of its common stock at a public offering price of $5.00 per share, including 450,000 shares sold upon full exercise of the underwriter’s option to purchase additional shares, for gross proceeds of $17,250,000. 

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Sichenzia Ross Ference LLP Represents Roth Capital Partners in Public Offering of Common Stock of Crown Electrokinetics Corp.

crown electrokinetics logo

Press Release – New York, NY – July 22, 2022 – Sichenzia Ross Ference LLP announced today that it represented Roth Capital Partners, as sole book-running manager, in a $1 million public offering of the common stock of Crown Electrokinetics Corp. (NASDAQ: “CRKN”), a leading smart glass technology company with a patented thin-film solution. The offering consisted of 1,250,000 shares of common stock at a public offering price of $.80 per share.   continue reading >>

Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $8 Million Simultaneous Registered Direct Offering and Private Placement of Securities of Kaspien Holdings Inc. 

kaspien logo

Press Release – New York, NY – July 14, 2022 – Sichenzia Ross Ference LLP announced today that it represented Aegis Capital Corp., acting  as the exclusive placement agent, in a registered direct and private placement of the securities of Kaspien Holdings Inc. (NASDAQ: KSPN), an e-commerce marketplace growth platform. The Company issued 638,978 shares of its common stock at a purchase price of $3.13 per share (or pre-funded warrant in lieu thereof) in the registered direct offering. In the coinciding private placement, Kaspien Holdings Inc. has also issued and sold to the investor 1,818,182 shares of common stock at a purchase price of $3.30 per share and warrants to purchase 2,457,160 shares of common stock at an exercise price of $3.13. The aggregate gross proceeds from both the offerings were approximately $8 million. 

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Sichenzia Ross Ference LLP Represents A.G.P./ALLIANCE Global Partners in $10 Million Registered Direct Offering of Common Stock and Warrants of Alpine 4 Holdings, Inc.

alpine 4 logo

Press Release – New York, NY – July 13, 2022 – Sichenzia Ross Ference LLP announced today that it represented A.G.P./Alliance Global Partners as sole placement agent in a $10 million registered direct offering of the common stock and warrants of Alpine 4 Holdings, Inc. (NASDAQ: ALPP) (the “Company”), a leading operator and owner of small market businesses. The offering consisted of the purchase and sale of 14,492,754 shares of the Company’s common stock and warrants to purchase up to 14,492,754 shares of the Company’s common stock at a combined purchase price of $0.69 per one Share and accompanying Warrant.

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Sichenzia Ross Ference LLP Represents Network 1 Financial Securities, Inc. in $20.24 Million Initial Public Offering of Common Stock of Golden Sun Education Group Ltd.

Golden Sun Education Group Ltd.

Press Release – New York, NY – June 24, 2022 – Sichenzia Ross Ference LLP announced today that it represented Network 1 Financial Securities, Inc. as sole underwriter in the initial public offering of the common stock of Golden Sun Education Group Ltd. (NASDAQ: GSUN), a provider of tutorial services in China. The offering consisted of 5,060,000 Class A ordinary shares of its common stock at a public offering price of $4.00 per share, which included 660,000 Class A ordinary shares issued pursuant to the full exercise of the underwriter’s over-allotment option, for gross proceeds of $20,240,000.

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Sichenzia Ross Ference LLP Represents Spartan Capital Securities LLC and Pacific Century Securities LLC in $14.1 Million Initial Public Offering of Common Shares of Lytus Technologies Holdings PTV. Ltd.

Lytus technologies

Press Release – New York, NY – June 22, 2022 – Sichenzia Ross Ference LLP announced today that it represented Spartan Capital Securities as a joint underwriter with Pacific Century Securities, LLC, in the initial public offering of the common shares of Lytus Technologies Holdings PTV. Ltd (NASDAQ: LYT), a platform technology services company. The offering consisted of 2,609,474 shares of its common shares and 391,421 common shares of the fully exercised overallotment option at a public offering price of $4.75 per share, for gross proceeds of $14.1 million.

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $10 Million Private Placement of SciSparc Ltd.

scisparc logo

Press Release – New York, NY – June 1, 2022 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp. as exclusive placement agent in a $10,000,000 private placement offering of SciSparc Ltd. (NASDAQ: SPRC), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system. The offering consisted of 3,546,100 units at a purchase price of $2.82 per unit, priced at-the-market under Nasdaq rules.  Each unit consisted of 1 share of common stock and 2 non-tradable warrants at an exercise price of $2.57.  The gross proceeds from the private placement offering were approximately $10 million.

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Sichenzia Ross Ference LLP Represents The Singing Machine, Inc., in $4 Million Underwritten Public Offering and Uplisting to Nasdaq 

the singing machine logo

Press Release – New York, NY – May 26, 2022 – Sichenzia Ross Ference LLP announced today that it represented The Singing Machine, Inc. (Nasdaq: MICS), the worldwide leader in consumer karaoke products, in an underwritten public offering of 1,000,000 shares of common stock at a price to the public of $4.00 per share. The common shares began trading on the Nasdaq Capital Market on May 24, 2022, under the symbol “MICS”.  The gross proceeds to the company were approximately $4 million. 

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Sichenzia Ross Ference LLP Joins Cyngn Inc. in Ringing Opening Bell at Nasdaq MarketSite

New York, NY – May 11, 2022 – Sichenzia Ross Ference LLP partners Gregory Sichenzia and Marcelle Balcombe joined Cyngn Inc. (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial applications, for today’s opening bell ceremony at Nasdaq MarketSite in Times Square.

Mr. Sichenzia represented Cyngn Inc. in their recent public offering and Nasdaq listing along with partners Marcelle Balcombe and Jeff Cahlon. Click here to view the livestream.

Nasdaq Bell Ringing

Gregory Sichenzia of Sichenzia Ross Ference LLP Quoted in Law360’s “IPO Lawyers See Mild Pickup in an Otherwise Cool Spring”

Press Release – New York, NY – May 4, 2022 – Gregory Sichenzia, Founding Partner of Sichenzia Ross Ference LLP, was quoted in Law360’s article published on May 3, 2022, “IPO Lawyers See Mild Pickup In An Otherwise Cool Spring”, by Tom Zanki:

“Sichenzia Ross Ference partner Greg Sichenzia said valuations and other terms of new offerings have shifted in favor of investors, who can be more selective nowadays.

‘It’s not a seller’s market anymore,’ Sichenzia said. ‘It’s a buyer’s market.  The terms have changed from 12 months ago, or six months ago.’”

Press here to read the full article and more at Law360.  

Sichenzia Ross Ference LLP Represents Cyngn Inc. in $20 Million Private Placement Offering

cyngn logo

Press Release – New York, NY – May 2, 2022 – Sichenzia Ross Ference LLP today announced that it represented Cyngn Inc., a venture capital backed developer of innovative autonomous driving software solutions for industrial and commercial applications (NASDAQ: CYN), in a $20 million private placement.  Previous shareholders of CYN include Benchmark Capital, Andreessen Horowitz and Qualcomm Ventures.  The offering included 6,451,613 units and pre-funded units at a purchase price of $3.10 per unit, priced at-the-market under Nasdaq rules.  Each unit and pre-funded unit consisted of one share of common stock or common stock equivalent, and one non-tradable warrant.  The gross proceeds to the Company from the offering were approximately $20 million.

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Sichenzia Ross Ference LLP Represents Sunshine Biopharma, Inc. in $19.5 Million Private Placement Offering

sunshine biopharma

Press Release – New York, NY – May 1, 2022 – Sichenzia Ross Ference LLP today announced that it represented Sunshine Biopharma, Inc.,  a pharmaceutical company focused on the research, development and commercialization of oncology and antiviral drugs (NASDAQ: SBFM), in a $19.5 million private placement.  The offering included 4,862,845 units and pre-funded units at a purchase price of $4.01 per unit (or $4.009 per pre-funded unit), priced at-the-market under Nasdaq rules.  Each unit and pre-funded unit consisted of one share of common stock or common stock equivalent, and two non-tradable warrants.  The gross proceeds to the Company from the offering were approximately $19.5 million.

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Sichenzia Ross Ference LLP Represents AiAdvertising, Inc. in $10 Million Private Placement Offering

aiadvertising logo

Press Release – New York, NY – March 28, 2022 – Sichenzia Ross Ference LLP today announced that it represented AiAdvertising, Inc., an innovative technology company and leading provider of AI-enabled marketing solutions (OTCM: AIAD), in a $10.0 million purchase agreement with GHS Investments, LLC.  The offering consisted of up to $10.0 million in shares of common stock.  

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Sichenzia Ross Ference LLP Represents Sharps Technology, Inc. in $16 Million Initial Public Offering

Sharps Technology inc.

Press Release – New York, NY – April 19, 2022 – Sichenzia Ross Ference LLP announced today that it represented Sharps Technology, Inc. (Nasdaq: STSS and STSSW), an innovative medical device company offering patented, best-in-class, single use smart safety syringe products, in its initial public offering of 3,750,000 units at a public offering price of $4.25 per unit, each consisting of one share of common stock and two warrants to purchase one share of common stock.  The gross proceeds from the offering were approximately $16 million, before deducting underwriting discounts, commissions and offering expenses.  

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Sichenzia Ross Ference LLP Represents Boustead Securities LLC in $22.5 Million Underwritten Public Offering for Genius Group Limited.

geniusgroup logo

Press Release – New York, NY –April 15, 2022 – Sichenzia Ross Ference LLP congratulates Genius Group Limited (“Genius Group” or the “Company”) (NYSE: GNS), a world-leading entrepreneur Edtech and education group, on the final closing of its initial public offering on April 14, 2022. The Company raised $22,581,816 in gross proceeds, before deducting underwriting discounts, commissions and other offering expenses, by issuing 3,763,636 ordinary shares at a public offering price of $6.00 per share. The ordinary shares commenced trading on the NYSE American, effective April 12, 2022, under the symbol “GNS.”

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Sichenzia Ross Ference LLP Launches Fintech & Blockchain Practice

SRF Fintech ane Blockchain

Sichenzia Ross Ference LLP (SRF) is proud to announce the formation of the Fintech & Blockchain Practice Group. This new group will guide clients in matters relating to blockchain technologies and virtual currency.

As an award-winning securities law firm, SRF’s leading reputation in the field extends to a variety of financial and regulatory areas, and continues to grow—always meeting our client’s needs. The Fintech & Blockchain Group will harness our attorneys’ wide-array of expertise to keep our client’s ahead of the curve—guiding them in mitigating legal risk and maximizing economic opportunity as they explore these emerging technologies. 

The group will offer services related to Capital Markets, Regulation, & Compliance, including coin offerings, licensing, and investing in digital assets; Business Counsel, for NFTs, smart contracts, and outside general counsel services; and Litigation & Arbitration, representing clients in partnership disputes and regulator inquiries. 

The lawyers joining SRF in the Fintech & Blockchain Practice are members from the firm’s Corporate Law; Securities Law; and Business Litigation & Arbitration practice groups, including Marc J. Ross, Jennifer Trowbridge, and Emily M. Knight.

Sichenzia Ross Ference LLP Represents Biotricity, Inc. in $50 Million At-The-Market Offering

biotricity logo

Press Release – New York, NY – March 23, 2022 – Sichenzia Ross Ference LLP announced today that it represented Biotricity, Inc. (NASDAQ: “BTCY”), a medical diagnostic and consumer healthcare technology company, in a $50 million At-The-Market offering (“ATM”).

The shares were registered on BTCY’s Registration Statement on Form S-3 (File No. 333-255544) filed with the Securities and Exchange Commission on April 27, 2021, and declared effective by the SEC on May 4, 2021, and the prospectus supplement relating to the ATM filed with the SEC on March 22, 2022.

H.C. Wainwright acted as agent for the ATM.  

The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia and David Manno, and associates Matt Siracusa and Rajiv Radia.

The SPAC Conference – June 15 & 16, 2022

Sichenzia Ross Ference - SPAC Conference

Sichenzia Ross Ference is a proud sponsor of The SPAC Conference 2022.  Join us June 15 and 16th at the West Chester Country Club in Rye, NY.

The SPAC Conference brings together the leading investors, sponsors, and bankers. In 2022, we are offering more networking opportunities and an expanded agenda designed to offer technical education for SPAC professionals. To learn more or to register, please click here.

 

 

Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $10 Million Underwritten Public Offering for Tantech Holdings Ltd. 

Tantech logo

Press Release – New York, NY – March 21, 2022 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp. as sole book runner in an underwritten public offering of Tantech Holdings Ltd (NASDAQ: TANH). The offering included 20,000,000 shares of common stock and prefunded warrants to purchase common shares at a price to the public of $0.50 per share.  The gross proceeds of the offering to the company were approximately $10.0 million.

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Sichenzia Ross Ference LLP Represents Sunshine Biopharma, Inc. in $8 Million Private Placement

sunshine biopharma

Press Release – New York, NY – March 15, 2022 – Sichenzia Ross Ference LLP today announced that it represented Sunshine Biopharma, Inc.,  a pharmaceutical company focused on the research, development and commercialization of oncology and antiviral drugs (NASDAQ: SBFM), in a $8.0 million private placement.  The offering included 2,301,353 shares of common stock together with common warrants to purchase up to 2,301,353 shares of common stock, and 1,302,251 pre-funded warrants, together with common warrants to purchase up to 1,302,251 shares of common stock.  Each share of common stock and accompanying common warrant were sold together at a combined offering price of $2.22, and each pre-funded warrant and accompanying common warrant were sold together at a combined offering price of $2.219.  The common warrants have an exercise price of $2.22 per share.  The gross proceeds to the Company from the offering were approximately $8.0 million.

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Sichenzia Ross Ference LLP Represents Splash Beverage Group, Inc. in $9.2 Million Underwritten Public Offering  

Splash Beverage Acquisition

Press Release – New York, NY – February 18, 2022 – Sichenzia Ross Ference LLP today announced that it represented Splash Beverage Group, Inc. (NYSE American: SBEV), a portfolio company of leading beverage brands, in an underwritten public offering. The offering consisted of 2,300,000 shares of common stock at a price to the public of $4.00 per share.  The gross proceeds of the offering to the company were approximately $9.2 million.

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Sichenzia Ross Ference LLP Represents Sunshine Biopharma Inc. in $8 Million Underwritten Public Offering  

sunshine biopharma

Press Release – New York, NY – February 17, 2022 – Sichenzia Ross Ference LLP today announced that it represented Sunshine Biopharma, Inc. (NASDAQ: SBFM), a pharmaceutical company focused on the research, development, and commercialization of oncology and antiviral drugs, in an underwritten public offering. The offering consisted of 1,882,353 units at a price to the public of $4.25 per unit.  Each unit consists of one share of common stock and two warrants.  The gross proceeds of the offering to the company were approximately $8 million.

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Sichenzia Ross Ference LLP Acts as Principal Attorney Liaison for Blue Star Helium Limited on OTCQB Listing

Blue Star Limited Helium

Press Release – New York, NY – February 14, 2022 – Sichenzia Ross Ference LLP announced today that it sponsored Blue Star Helium Limited (OTCQB: “BSNLF”), an Australian helium exploration and development company, for the OTCQB. Sichenzia Ross is a qualified firm responsible for providing guidance on OTCQB requirements and recommending membership.  The Sichenzia Ross team was led by partner Darrin Ocasio.

Sichenzia Ross Ference LLP Represents Murphy Canyon Acquisitions Corp. in $132.25 Million Initial Public Offering and NASDAQ Listing

Murphy Canyon

Press Release – New York, NY – February 10, 2022 – Sichenzia Ross Ference LLP announced today that it represented Murphy Canyon Acquisition Corp. (Nasdaq: MURFU), a newly formed blank check company, with the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, in its NASDAQ listing and initial public offering of 13,225,000 units at a public offering price of $10.00 per unit, each consisting of one share of common stock and one redeemable warrant. The gross proceeds from the offering, including the over-allotment option shares, were $132,250,000 before deducting underwriting discounts, commissions and offering expenses.  

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Sichenzia Ross Ference LLP Represents Alset Capital Acquisitions Corp. in $86.25 Million Initial Public Offering and NASDAQ Listing

Alset Ehome International

Press Release – New York, NY – February 7, 2022 – Sichenzia Ross Ference LLP announced today that it represented Alset Capital Acquisition Corp. (Nasdaq: ACAXU), a newly formed blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, in its NASDAQ listing and initial public offering of 7,500,000 units at a public offering price of $10.00 per share, each unit including one Class A common stock, one half of one redeemable warrant, and one right to receive one tenth (1/10) of one share of Class A common stock upon consummation of an initial business combination.  The gross proceeds from the offering, including the over-allotment option shares, were $86,250,000 before deducting underwriting discounts, commissions and offering expenses.  

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Sichenzia Ross Ference LLP Represents ETAO International Group in $2.5 Billion Definitive Merger Agreement with Mountain Crest Acquisition Corp. III

ETAO International Group

Press Release – New York, NY – February 1, 2022– Sichenzia Ross Ference LLP announced today that it is representing ETAO International Group in a definitive merger agreement with Mountain Crest Acquisition Corp. III (Nasdaq: MCAER), a publicly traded special purpose acquisition company (“SPAC”).  The transaction values ETAO at a pro forma fully diluted enterprise value of approximately $2.5 billion with existing ETAO shareholders rolling over 100% of their equity into equity of the combined company.  Upon completion of the transaction, which is anticipated in the summer of 2022, the combined company will operate as ETAO and securities are expected to be listed on NYSE under the symbol “ETAO”. The transaction includes a $250 million private investment in public equity at $10.00 per share in connection with the business combination transaction. Separately, ETAO has also received commitments through a separate private placement of $51 million.  

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Sichenzia Ross Ference LLP Represents Alliance Global Partners as Financial Advisor in a $5.9 Million Warrant Exercise for ShiftPixy, Inc.

shiftpixy logo

Press Release – New York, NY – January 31, 2022 – Sichenzia Ross Ference LLP today announced that it represented Alliance Global Partners (AGP), as the financial advisor for the warrant exercise for ShiftPixy, Inc. (NASDAQ: PIXY).  The Warrant Exercise Agreement consisted of 4,948,453 warrants exercised to common stock at a price per share of $1.20 for the holder, and the issuance of a new warrant to purchase up to 9,896,906 shares with an exercise price per share of $1.55.  The gross proceeds from the cash exercise were approximately $5.9 million.

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Sichenzia Ross Ference LLP Represents Boustead Securities, LLC as Underwriter to MAINZ BIOMED N.V. in $25.875 Million U.S. Follow-On Public Offering

mainz biomed

Press Release – New York, NY – January 28, 2022 – Sichenzia Ross Ference LLP congratulates MAINZ BIOMED N.V. (the “Company”) (NASDAQ: MYNZ ), a molecular genetics diagnostic company specializing in the early detection of cancer, on the final closing of its follow-on public offering on  January 28, 2022.

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Sichenzia Ross Ference LLP Announces Over 80 Capital Markets Transactions Valued Over $2 Billion at the Closing of 2021

securities law firm

Press Release – New York, NY – January 17, 2022 — Sichenzia Ross Ference LLP today announced that in 2021 it closed more than 80 capital markets transactions, ranging from less than $4 million to $200 million. These transactions on behalf of both issuers and underwriters included initial public offerings, secondary public offerings, registered direct offerings and private placements. The total value of these transactions exceeded $2 billion.

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Sichenzia Ross Ference LLP Adds Two Key Additions to its Corporate and Securities Law Team

Two new corporate and securities lawyers

Press Release – New York, NY – January 12, 2022 – Sichenzia Ross Ference LLP, a leading full service law firm, announced today Jennifer Trowbridge and Raquel Vazquez have joined the firm’s corporate and securities practice.

Jennifer Trowbridge joins SRF as Counsel, practicing corporate securities, corporate finance, and corporate transactions as well as general corporate governance for both private and publicly traded companies. She assists clients with private and public offerings (Regulation D, Reg A+, etc.), registration of securities (Forms S-1, S-8, etc.), mergers, acquisitions, stock and asset purchases and periodic filing compliance (Forms 10-K, 10-Q, 8-K, etc.) and more.

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $9.8 Million Underwritten Offering of BiondVax Pharmaceuticals Ltd.

biondvax pharmaceuticals

Press Release – New York, NY – December 30, 2021 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp. as sole book runner in an underwritten public offering of BiondVax Pharmaceuticals Ltd. (Nasdaq: BVXV). The offering included 4,144,068 American Depositary Shares (“ADSs”) sold to the public at $2.36 per ADS.  The gross proceeds of the offering to the company were approximately $9.8 million.

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $25 Million Initial Public Offering for Cingulate, Inc.

Cingulate

Press Release – New York, NY – December 13, 2021 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp. as sole book runner in an initial public offering of Cingulate Inc. (NASDAQ: CING). The offering included 4,166,666 shares of common stock, at a price to the public of $6.00 per Share.   The gross proceeds of the offering to the company were approximately $25 million.

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $77 Million Public Offering for Nisun International

Nisun International Enterprise Development Group

Press Release – New York, NY – December 16, 2021 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp. as sole book runner in an underwritten public offering of Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN). The offering included 19,250,000 Class A common shares and pre-funded warrants to purchase Class A common shares at a price to the public of $4.00 per Share.   The gross proceeds of the offering to the company were approximately $77 million.

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Sichenzia Ross Ference LLP Represents Relmada Therapeutics, Inc. in $172.5 Million Upsized Public Offering Underwritten by Goldman Sachs and Jefferies

relmada therapeutics logo

Press Release – New York, NY – December 14, 2021 – Sichenzia Ross Ference LLP today announced that it represented Relmada Therapeutics, Inc. (NASDAQ: RLMD), a late-stage biotechnology company addressing diseases of the central nervous system, in an upsized underwritten public offering. The offering, including the full exercise of the overallotment, consisted of 10,147,059 shares of common stock at a price to the public of $17.00 per share.  The gross proceeds of the offering to the company were approximately $172.5 million.

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MJDS Allows Canadian Issuers Easy Access to the U.S. Capital Markets 

Overview

The Multijurisdictional Disclosure System (“MJDS”) adopted by the Securities and Exchange Commission (the “SEC”) and the Canadian Securities Administrators provides Canadian issuers a streamlined opportunity to more easily gain access to U.S.  Capital Markets for both financing needs and other strategic reasons, including the opportunity for Canadian issuers to be listed on a U.S. securities exchanges such as the Nasdaq Stock Market (“NASDAQ”) or New York Stock Exchange (“NYSE”). 

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $13.7 Million Underwritten Public Offering for Tantech Holdings Ltd. 

Tantech Holdings Ltd.

Press Release – New York, NY – December 9, 2021 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp. as sole book runner in an underwritten public offering of Tantech Holdings Ltd (NASDAQ: TANH). The offering included 21,120,509 shares of common stock, at a price to the public of $0.65 per Share.   The gross proceeds of the offering to the company were approximately $13.7 million.

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Sichenzia Ross Ference LLP Represents Alset EHome International Inc. in $30.0 Million Underwritten Public Offering  

Alset Ehome International

Press Release – New York, NY – December 9, 2021 – Sichenzia Ross Ference LLP today announced that it represented Alset EHome International Inc. (NASDAQ: AEI), a diversified holdings company principally engaged through its subsidiaries in the development of EHome communities and other property development, financial services, digital transformation technologies, biohealth activities sand consumer products, in an underwritten public offering. The offering consisted of shares of common stock and pre-funded warrants at a price to the public of $0.60 per share and $0.599 per pre-funded warrant.  The gross proceeds of the offering to the company were approximately $30 million.

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Sichenzia Ross Ference LLP Represents mCloud Technologies Corp., a Canadian Public Company,  in $9.5 Million Underwritten Public Offering Made under the MJDS in the US and Uplisting to Nasdaq 

mcoud logo

Press Release – New York, NY – November 30, 2021 – Sichenzia Ross Ference LLP announced today that it represented mCloud Technologies Corp. (Nasdaq: MCLD) (TSXV:  MCLD), a leading provider of AI-powered asset management and Environmental, Social, and Governance solutions, in an underwritten public offering of 2,100,000 units.  Each unit was priced at a public offering price of $4.50 per unit, each consisting of one common share and one warrant to purchase one common share at an exercise price of $4.75. Additionally, the Company granted the underwriters a 45-day option to purchase up to an additional 315,000 common shares and/or an additional 315,000 warrants  to cover over-allotments. The common shares began trading on the The Nasdaq Capital Market on November 24, 2021, under the symbol “MCLD”.  The gross proceeds were approximately $9.5 million. 

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Sichenzia Ross Ference LLP Represents A.G.P./Alliance Global Partners as Sole Placement Agent in $24M Registered Direct Offering of Alpine 4 Holdings, Inc. 

alpine 4 logo

Press Release – New York, NY – November 29, 2021– Sichenzia Ross Ference LLP announced today that it represented A.G.P./Alliance Global Partners as sole placement agent in a registered direct offering (the “Offering”) of Alpine 4 Holdings, Inc. (Nasdaq: ALPP), a leading operator and owner of small market businesses. The Offering consisted of 8,571,430 shares of the Company’s common stock and warrants to purchase 4,284,715 shares of the Company’s common stock at a combined purchase price of $2.80 per one Share and accompanying one-half Warrant pursuant to a registered direct offering.  The Warrants will have an exercise price of $3.10 per share, will be exercisable immediately, and will expire five years following the issuance date. 

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Sichenzia Ross Ference LLP Represents Good Gaming, Inc. in $3.1 Million Private Placement Offering

good gaming inc. logo

Press Release – New York, NY – November 18, 2021 – Sichenzia Ross Ference LLP today announced that it represented Good Gaming, Inc.,  a gaming brand offering collaborative spaces for gamers and the developer of MicroBuddies (OTCQB: GMER), in a $3.1 million private placement.  The offering included 20,733,337 shares of its common stock (and common stock equivalents) and warrants to purchase 20,733,337 shares of common stock with a combined purchase price for one share of common stock and a warrant to purchase one share of common stock of $0.15.  The warrants have an exercise price of $0.20 per share.  The gross proceeds to the Company from the offering are estimated to be approximately $3.1 million.

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The Growing Risk of Website Accessibility Litigation and How to Protect Your Business Against It

Sichenzia Ross Ference LLP is aware of a growing trend in the law – the pursuit of Web Accessibility Litigation.  This type of litigation involves lawsuits alleging that a business’ website denies access to consumers with disability (such as blindness or deafness), in violation of the American with Disabilities Act (“ADA”) or similar local statutes.

In 2018, the number of federally-filed lawsuits of this nature skyrocketed to 2,285, up from 815 in the year prior, and in 2019, Web Accessibility lawsuits increased 51.% over the prior year’s comparable six-month period.

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Sichenzia Ross Ference LLP Represents Boustead Securities, LLC as Underwriter to MAINZ BIOMED B.V. in $11.5 Million U.S. Initial Public Offering

mainz biomed

Press Release – New York, NY – November 11, 2021 – Sichenzia Ross Ference LLP congratulates MAINZ BIOMED B.V. (the “Company”) (NASDAQ: MYNZ ), a molecular genetics diagnostic company specializing in the early detection of cancer, on the final closing of its initial public offering on November 9, 2021. The Company raised $11.5 million in gross proceeds, before deducting underwriting discounts, commissions and other offering expenses, by issuing 2,300,000 common shares at a public offering price of $5.00 per share. The ordinary shares commenced trading on the Nasdaq Capital Market on November 5, 2021 under the ticker symbol “MYNZ”.

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Sichenzia Ross Ference LLP Represents The Glimpse Group, Inc. in $15 Million Private Placement Financing

The glimpse group

Press Release – New York, NY – November 3, 2021 – Sichenzia Ross Ference LLP today announced that it represented The Glimpse Group, Inc., a Virtual (“VR”) and Augmented Reality (“AR”) platform company offering enterprise-focused software, services and solutions (NASDAQ: VRAR), in a $15 million private placement.  The gross proceeds to the Company from the offering are estimated to be approximately $13.7 million after expenses.

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Sichenzia Ross Ference LLP Represents VC-backed Cyngn, Inc. in $26.3 Million Initial Public Offering 

cyngn logo

Press Release – New York, NY – October 25, 2021 – Sichenzia Ross Ference LLP announced today that it represented Cyngn, Inc., (NASDAQ: CYN) a venture capital backed developer of innovative autonomous driving software solutions for industrial and commercial enterprises, in its initial public offering.  The offering consisted of 3,500,000 shares of its common stock at a public offering price of $7.50 per share, for gross proceeds of $26,300,000.  Previous shareholders of CYN include Benchmark Capital, Andreessen Horowitz and Qualcomm Ventures.

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Sichenzia Ross Ference LLP Represents Parsec Capital Acquisition Corp. in $86.3 Million Initial Public Offering

parsec capital acquisitions corp. logo

Press Release – New York, NY –  October 11, 2021 – Sichenzia Ross Ference LLP announced today that it represented Parsec Capital Acquisition Corp. (NASDAQ: PCXCU) in its initial public offering.  PCXCU is a Special Purpose Acquisition Company pursuing companies that lead in emerging and transformational technologies for the aerospace and defense sector.  The Parsec Management team is led by Patricia Trompeter, former Chief Financial Officer at GE Capital with an All-Star board including:

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Sichenzia Ross Ference LLP Joins Biotricity in Ringing Opening Bell at Nasdaq MarketSite

New York, NY – October 7, 2021 – Sichenzia Ross Ference LLP partners Gregory Sichenzia and David Manno joined Biotricity (NASDAQ: BTCY), a medical diagnostic and consumer healthcare technology company, for today’s opening bell ceremony at Nasdaq MarketSite in Times Square. 

Mr. Sichenzia and Mr. Manno represented Biotricity in their recent public offering and Nasdaq listing along with partner Marcelle Balcombe, and associates Rajiv Radia and Ryan Houseal.

Sichenzia Ross Ference LLP Represents American Battery Technology Company in $39.1 Million Financing

Press Release – New York, NY – October 4, 2021 – Sichenzia Ross Ference LLP today announced that it represented American Battery Technology Corporation (OTCQB: ABML), an American-owned critical minerals company currently building the first non-thermal integrated lithium-ion battery recycling plant in the United States, in a $39.1 million financing.  The offering consisted of $39.1 million in securities with an aggregate of 25,389,611 shares of common stock and warrants at a purchase price of $1.54 per share in a registered direct offering.

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Sichenzia Ross Ference LLP Represents Borqs Technologies, Inc. in $27 Million Private Placement

Borqs Technologies

Press Release – New York, NY – September 23, 2021 – Sichenzia Ross Ference LLP today announced that it represented Borqs Technologies, Inc.  (Nasdaq: BRQS) in a $27 million private placement.  The offering consisted of convertible notes and warrants.  One-half of the notes were issued at the execution of definitive agreements and the other one-half of the notes will be issued upon the satisfaction of certain conditions, including effectiveness of a resale registration statement to be filed by the Company.  

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp in $15 Million Registered Direct Offering of Molecular Data Inc.

Molecular Data Inc. Logo

Press Release – New York, NY – September 22, 2021 – Sichenzia Ross Ference LLP announced today that it represented Aegis Capital Corp. as exclusive placement agent in a $15 million registered direct offering of Molecular Data Inc. (NASDAQ: “MKD”) a leading technology-driven platform in China’s chemical industry. The registered direct offering consisted of the purchase and sale of common units, consisting of one American Depositary Share, each representing three of its Class A ordinary shares, and one warrant to purchase one ADS, and pre-funded units consisting of one pre-funded warrant to purchase one ADS and one warrant to purchase one ADS.  The gross proceeds of the offering were approximately $15 million.  

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Sichenzia Ross Ference LLP Represents EzFill in $28.75 Million Initial Public Offering and NASDAQ Listing

EzFill Logo

Press Release – New York, NY – September 20, 2021 – Sichenzia Ross Ference LLP announced today that it represented EZFill Holdings, Inc., an emerging leader in the fast-growing on-demand mobile fuel industry, in its NASDAQ listing and initial public offering of 7,187,500 shares of common stock at a public offering price of $4.00 per share, including 937,500 shares sold upon full exercise of the underwriter’s option to purchase additional shares.  The gross proceeds from the offering, including the over-allotment option shares, were $28,750,000 before deducting underwriting discounts, commissions and offering expenses.  

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp. in $81 Million Underwritten Public Offering for Farmmi, Inc. 

Farmmi

Press Release – New York, NY – September 15, 2021 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp. as sole book runner in an underwritten public offering for Farmmi, Inc. (NASDAQ: FAMI). The offering included 388,261,717 ordinary shares and pre-funded warrants to purchase ordinary shares.  The gross proceeds of the offering to the company were approximately $81 million.

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Document Security Systems, Inc. Completes a $40 Million Investment in American Pacific Bancorp

document security systems logo

Press Release – New York, NY – September 9, 2021 – Document Security Systems, Inc. (NYSE American: DSS), a multinational company operating businesses focused on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets, finalized an investment in American Pacific Bancorp, Inc. (“APB”), through a $40 million subscription agreement.  Pursuant to the subscription agreement, APB will issue 6,666,7000 shares of its common stock to DSS.  APB is a bank holding company, focused on the lending business and acquiring equity positions of commercial banks in the United States. 

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Sichenzia Ross Ference LLP Represents A.G.P./ Alliance Global Partners as Placement Agent in $12 Million Private Placement of ShiftPixy, Inc.

shiftpixy logo

Press Release – New York, NY – September 9, 2021 – Sichenzia Ross Ference LLP announced today that it represented A.G.P./Alliance Global Partners as sole placement agent in a private placement of ShiftPixy, Inc., with a large institutional investor.  The offering consisted of (i) 2,850,000 shares of its common stock together with warrants to purchase up to 2,320,000 shares of common stock, and (ii) 4,670,000 pre-funded warrants with each pre-funded warrant exercisable for one share of common stock, together with common warrants to purchase up to 4,670,000 shares of common stock. Each share of common stock and accompanying common warrant were sold together at a combined offering price of $1.595, and each pre-funded warrant and accompanying common warrant were sold together at a combined offering price of $1.5949. The gross proceeds of the offering were approximately $12 million.

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Document Security Systems, Inc. Receives a $15 Million Investment from Alset EHome International, Inc. 

document security systems logo

Press Release – New York, NY – September 8, 2021 – Document Security Systems, Inc. (NYSE American: DSS), a multinational company operating businesses focused on brand protection technology, blockchain security, direct marketing, healthcare, real estate, and securitized digital assets, finalized a $15 million investment from Alset EHome International, Inc. (Nasdaq: AEI). DSS will issue 12,155,591 shares of common stock for an aggregate amount of approximately $15 million. AEI is a diversified holding company engaged through its subsidiaries in the development of EHome communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products.  

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Sichenzia Ross Ference LLP Congratulates OMNIQ Corp., on NASDAQ Up-listing

New York, NY – September 2, 2021 –   Sichenzia Ross Ference LLP congratulates our longtime client OMNIQ Corp. (NASDAQ: OMQS), on the Company’s up-listing to the NASDAQ Capital Market.  OMNIQ is a provider of object identification, automation and Artificial Intelligence (AI)-based solutions, to the Supply Chain Automation, Traffic Management, Public Safety, Public Health, retail and Safe City markets. The Sichenzia Ross Ference LLP team was led by Arthur Marcus and awaiting admission, Zach Weiss.  The up-listing is effective for trading on Thursday, September 2, 2021, and OMQS’ common stock will trade under the stock symbol, “OMQS.”

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Sichenzia Ross Ference LLP Represents H.C. Wainwright in $2 Million Registered Direct Offering of HealthLynked

HealthLynked logo

Press Release – New York, NY – September 1, 2021 – Sichenzia Ross Ference LLP announced today that it represented H.C. Wainwright & Co., LLC as exclusive placement agent in a $2 million registered direct offering of common stock of HealthLynked, Corp. (NASDAQ: “HLYK”), a global healthcare network focused on care management of its members and a provider of healthcare technologies that connects doctors, patients, and medical data. The registered direct offering consisted of the sale of 3,703,704 shares of common stock at a purchase price of $0.54 per share. In a concurrent private placement, HealthLynked issued to the investor in the offering unregistered warrants to purchase up to an aggregate of 1,851,852 shares of common stock at an exercise price of $0.65 per share.

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Sichenzia Ross Ference LLP Represents Biotricity in $15.15 Million Underwritten Public Offering and NASDAQ Uplisting

biotricity logo

Press Release – New York, NY – August 31, 2021 – Sichenzia Ross Ference LLP today announced that it represented Biotricity, Inc. (NASDAQ: BTCY), a medical diagnostic and consumer healthcare technology company, in an underwritten public offering. The offering consisted of 5,000,000 shares (the “Shares”) of common stock, par value $0.001 per share (the “Common Stock”), at a price to the public of $3.00 per Share. The gross proceeds of the offering to the company were approximately $15.15 million including a partial exercise of the overallotment option.

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Gregory Sichenzia Recognized in Best Lawyers in America® 28th Edition in the Practice Area of Corporate Law

NEW YORK, Aug. 30, 2021 – Sichenzia Ross Ference LLP is proud to announce that Founding Partner, Gregory Sichenzia, has been included in the 2022 edition of The Best Lawyers in America® for a 7th consecutive year.  Mr. Sichenzia is recognized for his high caliber work in the practice area of Corporate Law.  His annual inclusion in The Best Lawyers in America® since 2016 is a testament to his rigorous commitment to servicing the needs of public and private companies, their financiers and the broker-dealer and financial services community in New York and around the world.

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Sichenzia Ross Ference LLP Represents Aegis Capital Corp in $5.33 Million Private Placement Offering of Basanite, Inc.

basanite industries logo

Press Release – New York, NY – August 19, 2021 – Sichenzia Ross Ference LLP today announced that it represented Aegis Capital Corp as exclusive placement agent in a $5.33 million private placement offering of Basanite, Inc. (OTCQB: BASA), a manufacturer and market developer of environmentally friendly, high-performance composite products made from Basalt fiber for use in construction.  In connection with the offering, the company issued 19,398,144 units consisting of 1 common share and 2 Warrants, each to purchase 1 common share for a total of 38,796,288 shares underlying the Warrants.  No actual units were issued in the offering.  The gross proceeds from the private placement offering were approximately $5.33 million.

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Sichenzia Ross Ference LLP Represents H.C. Wainwright in $20.0 Million Registered Direct Offering of Ecoark Holdings

eco ark

Press Release – New York, NY – August, 10 2021 – Sichenzia Ross Ference LLP announced today that it represented H.C. Wainwright & Co., LLC as exclusive placement agent in a $20.0 million registered direct offering of common stock and warrants of Ecoark Holdings, Inc. (NASDAQ: “ZEST”), a diversified holding company. The registered direct offering consisted of the sale of an aggregate of 3,478,261 shares of common stock and warrants to purchase up to an aggregate of 3,478,261 shares of common stock at a purchase price of $5.75 per share of common stock and related warrant.

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Sichenzia Ross Ference LLP Represents Alset EHome International Inc. in $32 Million Underwritten Public Offering

Alset Ehome International

Press Release – New York, NY – August 2, 2021 – Sichenzia Ross Ference LLP today announced that it represented Alset EHome International Inc. (NASDAQ: AEI), a diversified holding company principally engaged through its subsidiaries in the development of EHome communities and other property development, financial services, digital transformation technologies, biohealth activities and consumer products, in an underwritten public offering. The offering consisted of 5,324,139 shares (the “Shares”) of common stock, par value $0.001 per share (the “Common Stock”), at a price to the public of $2.21 per Share, and pre-funded warrants to purchase 9,770,200 shares of the Common Stock at a price of $2.11 per pre-funded warrant.  The gross proceeds of the offering to the company were approximately $32 million.

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Sichenzia Ross Ference LLP Represents H.C. Wainwright & Co. in $2.0 Million Private Placement of International Land Alliance, Inc.

international land alliance logo

Press Release – New York, NY – July 30, 2021 – Sichenzia Ross Ference LLP today announced that it represented H.C. Wainwright & Co., LLC as exclusive placement agent in a $2,000,000 private placement offering of International Land Alliance, Inc. (OTCQB: ILAL), an international land investment and development firm.  The offering consisted of warrants to purchase up to 3,000,000 shares of common stock with an exercise price of $0.68 per share, immediately exercisable and will expire five and one half years from the issuance date.  The gross proceeds from the private placement offering were approximately $2,000,000.

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Sichenzia Ross Ference LLP Represents Jupiter Wellness, Inc. in $32.5 Million Underwritten Public Offering of Common Stock and Warrants

jupiter wellness

Press Release – New York, NY – July 27, 2021 – Sichenzia Ross Ference LLP today announced that it represented Jupiter Wellness, Inc. (NASDAQ: JUPW), a leading developer of CBD based skin care therapeutics and treatments, in an underwritten public offering. The offering consisted of 11,066,258 shares (the “Company Offering Shares”) of common stock, (“Common Stock”) to be issued by the Company, 540,884 shares (the “Selling Stockholder Shares”) of Common Stock to be issued by certain selling stockholders (the “Selling Stockholders”) of the Company and warrants (the “Company Warrants”) to purchase up to 11,607,142 shares of Common Stock, at a price to the public of $2.79 per Company Offering Share/Selling Stockholder Share and $0.01 per Company Warrant. The Company Warrants will be exercisable immediately upon issuance with the exercise price of $2.79 per share and will expire on the fifth anniversary of the original issuance date. The gross proceeds of the offering to the Company were approximately $31.0 million and $1.5 million to the Selling Stockholders.  

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Sichenzia Ross Ference LLP Represents ThinkEquity LLC in $18.0 Million Initial Public Offering of Common Stock of Twin Vee PowerCats Co.

twin vee powercats

Press Release – New York, NY – July 26, 2021 – Sichenzia Ross Ference LLP announced today that it represented ThinkEquity, a division of Fordham Financial Management, as sole underwriter in the initial public offering of the common stock of Twin Vee PowerCats Co. (NASDAQ: VEEE), a designer, manufacturer and marketer of recreational and commercial power catamaran boats. The offering consisted of 3,000,000 shares of its common stock at a public offering price of $6.00 per share, for gross proceeds of $18,000,000.

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Sichenzia Ross Ference LLP Represents Aegis Capital in $16.0 Million Initial Public Offering of Inspira Technologies OXY B.H.N. Ltd

Inspira logo

Press Release – New York, NY – July 19, 2021 – Sichenzia Ross Ference LLP announced today that it represented Aegis Capital Corp. as sole book runner in the initial public offering of 2,909,091 units of Inspira Technologies OXY B.H.N. Ltd (the Company), an Israeli specialty medical device company engaged in the research, development, manufacture, and marketing of proprietary respiratory support technology. The offering was priced at $5.51 per unit, each consisting of one ordinary share and one warrant to purchase one ordinary share, with an initial exercise price of $5.50 per share. The ordinary shares and warrants are trading on NASDAQ under the symbols “IINN” and “IINNW”, respectively.

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Sichenzia Ross Ference LLP Represents Inmune Bio, Inc. in a $40.0 Million Registered Direct Offering

inmunebio logo

Press Release – New York, New York – July 16, 2021 – Sichenzia Ross Ference LLP announced today that it represented Inmune Bio, Inc. (Nasdaq: INMB), a clinical-stage immunology company focused on developing treatments that harness the patient’s innate immune system to fight disease, in a registered direct offering of common stock at a purchase price of $22.00 per share with two institutional investor. The gross proceeds from the offering were $40.0 million.

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Sichenzia Ross Ference LLP Represents OMNIQ Corp. in $14.99 Million Private Placement 

omniq logo

Press Release – New York, New York – July 15, 2021 – Sichenzia Ross Ference LLP announced today that it represented OMNIQ Corp.  (OTCQB: OMQS), a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, in a private placement offering with institutional and accredited investors. The offering consisted of 2,142,857 shares of common stock at a price of $7.00 per share. The gross proceeds were approximately $15.0 million.

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Sichenzia Ross Ference LLP Represents The Glimpse Group in $14.1 Million Initial Public Offering of Common Stock and Full Exercise of Underwriter’s Over-Allotment Option

The glimpse group

Press Release – New York, NY – July 12, 2021 – Sichenzia Ross Ference LLP today announced that it represented The Glimpse Group (NASDAQ: VRAR) (Company), a diversified Virtual Reality and Augmented Reality (“VR” and “AR”) platform company providing enterprise-focused VR and AR software & services solutions, in an initial public offering of 2,012,500 shares of common stock, which included the full exercise of the underwriter’s over-allotment option. The offering was priced at $7.00 per share. The gross proceeds were approximately $14.1 million.

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Sichenzia Ross Ference LLP Congratulates and Joins KULR Technology Group Inc. During NYSE Closing Bell Ringing Ceremony

kulr logo

New York, NY – July 7, 2021 Sichenzia Ross Ference LLP today congratulated KULR (NYSE American: KULR) on its milestone of ringing the Closing Bell at the New York Stock Exchange. KULR will be joined by SRF Partner Jay Yamamoto during its bell ringing ceremony on the afternoon of July 9, 2021, viewable live on CNBC and the NYSE Bell Website. 

In May, Sichenzia Ross Ference represented KULR Technology in a $6.5 million registered direct offering. Click here to learn more.

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