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Partner Gregory Sichenzia Quoted on IPO Activity

New York, NY – April 12, 2016 – Partner Greg Sichenzia was quoted in a Law360 article titled “Dormant IPO Market Could Pick Up Speed In 2nd Quarter”.  The article discussed the recent uptick in IPO activity in the second quarter, but notes that concerns about valuations have postponed several IPOs this year.  Greg noted that small to midsize biotech companies still face difficulties in obtaining IPO funding, forcing some to consider reverse mergers and other alternative routes to public markets.

Read the full article here.

Partner Gregory Sichenzia Appears on CNBC to Discuss Impact of New Fiduciary Rule on Broker-Dealers

Press Release – New York, NY– April 7, 2016 – Founding partner Gregory Sichenzia appeared on CNBC’s Closing Bell on April 6 where he debated the benefits and drawbacks of the new fiduciary rule announced that day by the Department of Labor.  Greg noted that this new standard is likely to lead to substantial regulatory costs for small broker dealers and may not result in better products or targeted advice. A core part of the rule says that if advisers offering retirement advice want to continue receiving commissions and other types of compensation for selling specific products, they and their clients need to sign a “best interest contract” in which the adviser pledges to put the client’s interests first. That is stricter than the current standard, which only provides they need to offer “suitable” recommendations.

 To view the video, click here.

Partner Marc Ross to Discuss Investing in the Legal Marijuana Sector at the Growth Capital Expo

Press Release – New York, NY – April 6, 2016 – Founding partner Marc Ross will participate in a panel on the conflicting and ever-changing state of marijuana laws at the federal and state levels at the 2016 Growth Capital Expo on May 3-5 at Caesars Palace in Las Vegas. The panel will address the current state of affairs, the impact of the evolving state regulatory regimes governing medical and recreational use, and the future of the market’s federal status in the near and long term.

More than 15 hours of presentations and discussion panels are scheduled over the three days of the Expo, an event bringing together emerging growth company executives, investors and finance specialists. Other topics addressed will include the Reg A+ “mini-IPO” process, microcap shareholder activism and cybersecurity issues.

Visit here to learn more.

Partner Gregory Sichenzia Writes “Jumpstarting the IPO Market: Economic Factors to Watch in 2016” for Huffington Post

April 5, 2016 – Partner Greg Sichenzia wrote an article for Huffington Post Business titled “Jumpstarting the IPO Market: Economic Factors to Watch in 2016.” The article discusses recent macro and micro economic trends that may spark an uptick in IPO activity. These include an increase in public filings since January, greater stability in the global markets, cost cutting efforts by pre-IPO companies and opportunities for investors to enter the market near the bottom.

Read the full article here.

Partner Michael Ference Inducted Into the Bergen Catholic High School Hall of Fame

Press Release – New York, NY – March 30, 2016 – Sichenzia Ross Friedman Ference LLP is proud to announce that founding partner Michael Ference, Co-head of the firm’s litigation practice, was inducted into the hall of fame of his alma mater Bergen Catholic High School in Oradell, New Jersey during its annual hall of fame induction ceremony on March 20, 2016. Mr. Ference was honored for his achievements while a student at Bergen Catholic as well as for his personal and professional accomplishments thereafter.

continue reading >>

Partner Jeff Fessler Joins Client ContraVir Pharmaceuticals, Inc. at NASDAQ Opening Bell Ringing

Press Release – New York, NY – March 22, 2016 – Sichenzia Ross Friedman Ference LLP partner Jeff Fessler joined representatives of client ContraVir Pharmaceuticals, Inc., a biopharmaceutical company focused on the development and commercialization of targeted antiviral therapies, at the NASDAQ MarketSite in Times Square to ring the March 21 closing bell. continue reading >>

Partner Gregory Sichenzia Discusses “Investing in a Down Market” for the Huffington Post

February 22, 2016 – Partner Greg Sichenzia wrote an article for Huffpost Business titled “Investing in a Down Market: Learnings From Warren Buffet and Other High Profile Investors.” The article provides an overview of current macroeconomic conditions and offers insights on investment opportunities and pitfalls in weak market conditions.      

Read the full article here.

Partner Gregory Sichenzia Quoted on Biotech IPOs

February 22, 2016 – Partner Greg Sichenzia was quoted in a Law360 article titled “More Biotech IPOs Likely To Rely On Insiders Amid Slump.” The article discussed that more biotech companies are relying on support from inside investors to close deals due to  weaker demand in the broader market.  Greg noted that insider participation can be key to obtaining venture capital support.      

Read the full article here.

Blog Post – Founding Partner Marc Ross Shares “Regulation A+: Funding The Start-up”

Overview

Start-ups looking to raise no more than $50 million now have the ability to do so by a Regulation A+ offering.  The recent amendments to Regulation A, which is Regulation A+, under the Securities Act of 1933, as amended (the “Securities Act”), allow companies to increase the amount of capital that they can raise in a Regulation A offering from $5 million to $50 million over a 12-month period. continue reading >>

Firm Sponsors National Investment Banking Association (NIBA) Conference

NEW YORK, NY – February 9, 2016  – New York City based securities and corporate law firm Sichenzia Ross Friedman Ference LLP announced that it is proudly sponsoring the National Investment Banking Association (NIBA) Conference February 10th and 11th at the Margaritaville Hotel in Hollywood, Florida.  Featured at the event will be two clients of the firm,  EcoArk, Inc. and Green PolkaDot Box, Inc. (OTC:GPDB)

continue reading >>

Partner Gregory Sichenzia Quoted on Alternatives to IPOs and Follow-On Deals

February 5, 2016 Partner Greg Sichenzia was quoted in a Law360 article titled “Cold IPO Market Forces Companies To Get More Creative.” The article discussed that the weak market for initial public offerings and follow-on deals has companies scrambling for alternatives to meet their capital needs.  Viable options for them to choose from exist, albeit none as ideal as a robust public market.  Greg discussed the pros and cons of reverse mergers and Nasdaq’s and NYSE’s one-year “seasoning period” through which most companies must first trade over the counter while filing audited financial statements with the SEC.

Read the full article here.

Founding Partner Marc J. Ross, Esq. Comments on the Launch of New York’s Medical Marijuana Program

Sichenzia Ross Friedman Ference founding partner Marc J. Ross, Esq. was recently asked to contribute insight for Marijuana Investor News’ article, “New York State Begins Medical Marijuana Sales.” This article discusses the limitations of our marijuana program as well as the expectations of the program in the future.
 
Please read the article here.

Partner Gregory Sichenzia Interviewed on the Drop in Reverse Mergers For the PIPEs Report and TheStreet.com

January 12, 2016 – This week, Sichenzia Ross Friedman Ference LLP Partner Gregory Sichenzia was quoted in a PIPEs Report and TheStreet.com article titled “Reverse Mergers Dwindle in Favor of Other Offerings”.  The article discussed the decline in reverse merger transactions in 2015 and the expected popularity of Regulation A+ offerings and self-underwritten offerings in 2016. Read the full article here.

Sichenzia Ross Friedman Ference LLP Attorneys Join Client Oasmia Pharmaceutical AB at NASDAQ Opening Bell Ringing

Press Release – New York, NY – January 11, 2016 – Sichenzia Ross Friedman Ference LLP partners Gregory Sichenzia, Thomas Rose, Henry Nisser and Tara Guarneri-Ferrara and counsel Peter DiChiara joined representatives of client Oasmia Pharmaceutical AB, a developer of a new generation of drugs within human and veterinary oncology, at the NASDAQ MarketSite in Times Square to ring the January 11 opening bell. continue reading >>

Sichenzia Ross Friedman Ference LLP Advises Drone Aviation Holding Corp. on Acquisition of Assets and $1.35 million PIPE Offering

June 4, 2014 – New York- based securities law firm, Sichenzia Ross Friedman Ference LLP, acted as counsel to Zenovia Digital Exchange Corp., a company that provides a Software as a Service-based technology platform for advertisers to access viewable media from publishers worldwide, in its recently completed private placement of units consisting of secured notes and warrants. The company raised an aggregate of $5.0 Million. Aegis Capital Corp. acted as the placement agent in the offering. The Sichenzia Ross Friedman Ference LLP team was led by partners Tom Rose and Marcelle Balcombe.

Media Contact
pr@srf.law
212-930-9700

Sichenzia Ross Ference LLP

Sichenzia Ross Ference LLP is a nationally recognized securities and corporate law firm that provides experienced representation in all matters involving the securities industry. Super Lawyers consistently recognizes our attorneys as among the highest rated securities lawyers in the nation. Our attorneys specialize in advising clients on private placements, initial (IPOs) and secondary public offerings, alternative public offerings, preparation of SEC filings and listings on major capital stock exchanges such as the NYSE (New York Stock Exchange), NASDAQ and OTC markets. In addition, our litigation and arbitration attorneys are highly skilled in representing clients from routine lawsuits to complex cases before the SEC, FINRA and other tribunals. We also represent clients in a range of residential and commercial real estate and trusts and estates matters.

Visit SRF's LinkedIn page
Sichenzia Ross Ference LLP

IBI Times Covers Partner Marc J. Ross’ Marijuana Business Law Class

New York, NY, March 24, 2015 – The International Business Times recently published an article discussing the marijuana business law course currently taught by Marc R. Ross, Esq., founding partner of Sichenzia Ross Friedman Ference LLP, at Hofstra University School of Law. The article, titled Amid Marijuana Legalization Efforts, US Law Schools Offer Pot Courses,” discusses a recent class which “focused on dissecting the tricky legal and policy issues related to legalized cannabis,” continue reading >>

Partner Marc J. Ross Speaks at Another Accredited Marijuana Symposium on the Financial Implications to Marijuana-Related Businesses & NY’s Compassionate Care Act

Hempstead, New York – March 12, 2015 – Global Newswire – Marc J. Ross, founding partner of Sichenzia Ross Friedman Ference LLP, was a featured presenter at Hofstra University School of Law’s symposium: “Puff the Magic Medicine – The Medical Marijuana Movement. The forum, which was both CLE and CME accredited, was part of the ongoing Garfunkel Wild Thought Leadership in Action Speaker Series, and examined the existing conflict between state and federal marijuana laws, continue reading >>

Contravir Pharmaceuticals, Inc. Announces Uplisting to NASDAQ Capital Market

contravir

Sichenzia Ross Friedman Ference LLP Advises ContraVir Pharmaceuticals on NASDAQ Uplisting

New York, NY – February 27, 2015 – (Global Newswire) – Nationally recognized securities andContra Contra
corporate law firm Sichenzia Ross Friedman Ference LLP announced today that the Firm has represented ContraVir Pharmaceuticals, Inc. (NASDAQ: CTRV), a biopharmaceutical company focused on the discovery and development of antiviral therapies, in the Company’s uplisting to the NASDAQ Capital Market. continue reading >>

Partner Gregory Sichenzia Interviewed by TheStreet.com on Baidu’s Stock Growth Potential

February 23, 2015 – Financial news and services website TheStreet.com recently interviewed Sichenzia Ross Friedman Ference LLP Gregory Sichenzia on the stock growth potential for investors of Baidu, China’s largest search engine provider.

Baidu has long been touted as the “Chinese Google” and when asked to compare the two major companies, Mr. Sichenzia said:

“You can still buy Baidu relatively cheaply at a $76 billion market capital and that it is projected to experience 41 percent growth in 2015 while Google is quite expensive at $360 billion market cap with smaller growth potential for 2015,” said Gregory Sichenzia, a founding member of Sichenzia Ross Friedman Ference. “For this reason, Baidu is the better buy for stock investors, as Google, being a more mature company, is limited in upside for investors.”

Read the rest of the article here

Gregory Sichenzia, Esq.

Gregory Sichenzia, a founding member, counsels public and private companies in all securities laws matters, from complex financing transactions and listings on various stock exchanges through everyday regulatory requirements. He has also been responsible for structuring innovative merger and acquisition transactions. Throughout his career he has represented many companies and investment banks in initial public offerings of securities, and has represented numerous public companies in private equity financing transactions (“PIPEs”) and the resulting resale regist
Gregory Sichenzia, Esq.

Latest posts by Gregory Sichenzia, Esq. (see all)

    Partner Marc J. Ross Interviewed by International Business Times on Colorado’s Unique Marijuana Tax Problem

    February 10, 2015 – The International Business Times recently interviewed Marc J. Ross, founding partner of Sichenzia Ross Friedman Ference LLP, on the unique tax situation that Colorado now faces after earning more than $50 million in revenue from marijuana sales last year. Due to a 1992 constitutional amendment, the state has a limit on how much tax money the state can take in. continue reading >>

    Sichenzia Ross Friedman Ference LLP Recognized As Number One PIPE Issuer Law Firm for 2014

    Ranked Nation’s Leader in PIPEs Transactions Since 2004 – Also Recognized as Leading Investor and Placement Agent Counsel

    New York, NY – January 15, 2015 – Sichenzia Ross Friedman Ference LLP (“SRFF”) has again earned the title of the number one PIPE issuer law firm in the nation, as ranked by industry league tables: Sagient Research’s PlacementTracker and The Deal’s PrivateRaise. 2014 marked the 10th consecutive year that the firm has ranked #1 in both league tables. SRFF was also ranked a national leader in representing investors and placement agents, by volume of deals advised.

    According to PrivateRaise, SRFF represented issuers in 39 PIPE transactions totaling $253.15 million for an average of $6.49 million per transaction in 2014. Since 2004, when the firm was initially ranked as the #1 PIPE law firm in the country, SRFF has completed approximately 550 such transactions valued at more than $4.0 billion.

    Additionally, Placement Tracker recorded that SRFF advised issuers on 25 PIPE transactions amounting to $149.7 million in 2014.

    Media Contact:
    pr@srf.law
    (212)-930-9700

    Sichenzia Ross Ference LLP

    Sichenzia Ross Ference LLP is a nationally recognized securities and corporate law firm that provides experienced representation in all matters involving the securities industry. Super Lawyers consistently recognizes our attorneys as among the highest rated securities lawyers in the nation. Our attorneys specialize in advising clients on private placements, initial (IPOs) and secondary public offerings, alternative public offerings, preparation of SEC filings and listings on major capital stock exchanges such as the NYSE (New York Stock Exchange), NASDAQ and OTC markets. In addition, our litigation and arbitration attorneys are highly skilled in representing clients from routine lawsuits to complex cases before the SEC, FINRA and other tribunals. We also represent clients in a range of residential and commercial real estate and trusts and estates matters.

    Visit SRF's LinkedIn page
    Sichenzia Ross Ference LLP

    Marc J. Ross Teaches First Law School Course on the Business and Legal Issues Related to Marijuana

    NEW YORK, New York — January 8 — Sichenzia Ross Friedman Ference LLP is pleased to announce that founding partner Marc J. Ross will be teaching the first-ever marijuana business and law course at Hofstra University’s School of Law starting in January 2015.  Mr. Ross is a leading authority involving the issues surrounding the marijuana legalization debate and the continue reading >>

    Partner Ben Tan Recognized as Finance Monthly’s 2014 Deal Maker of the Year

    Ben TanSichenzia Ross Friedman Ference LLP is pleased to announce that Partner Ben Tan has been selected as the 2014 Deal Maker of the Year for his representation of Hong Kong Takung Assets and Equity of Artworks Exchange in their  reverse merger with Cardigant Medical Inc.

    Now in its fourth year, the Finance Monthly Deal Maker Awards have quickly gained a reputation as an industry standard for recognising excellence in corporate finance transactions and acknowledge and reward the individuals and firms involved – the bankers, venture capitalists, lawyers, accountants and professional advisors who initiate, structure and negotiate deals for growing organisations.

    Visit here to learn more about the Hong Kong Takung reverse merger and to read about Mr. Tan’s award.

    Sichenzia Ross Friedman Ference LLP Announces Three New Partners for 2015

    New York, NY – (December 23, 2014) – Sichenzia Ross Friedman Ference LLP (“SRFF”), the nationally ranked leading securities and corporate law firm, is pleased to announce today that it has elected three new partners from its attorney ranks. The partnership promotions will be effective starting January 1, 2015.

    We are pleased to welcome three outstanding partner additions for the upcoming new year.” said senior partner Gregory Sichenzia, “These attorneys represent some of the best legal talent in the field of securities and corporate law. Over the years, they have consistently demonstrated legal excellence and shown themselves as experts in a specialized and complex space. We are proud to call them our partners.”

    Sichenzia Ross Friedman Ference LLP’s new partners will include:

    Daniel Scott Furst: Mr. Furst joined the Firm in March 2010. His practice Scott Furstconcentrates on generalcommercial and securities litigation; including arbitration in state and federal courts before regulatory agencies and arbitration tribunals including the Securities and Exchange Commission, Financial Regulatory Authority, and the American Arbitration Association. Mr. Furst specializes in representing public and private companies, broker-dealers, registered representatives and investors.

    Tara Guarneri-Ferrara: Ms. Guarneri-Ferrara focuses her practice in the areas of Tara Guarneri Ferrarasecurities, corporate finance law and mergers and acquisitions. Since her start at SRFF in February 2008, Ms. Guarneri-Ferrara has advised clients in connection with private placements, PIPE transactions, corporate documents and filings and M&A transactions. Ms. Ferrara was also recognized as a 2014 New York Metro Super Lawyers Rising Star.

    Stephen A. Cohen: Mr. Cohen joined SRFF in April 2006. He specializes in representing Steve Cohen issuers and underwriters in corporate finance transactions, mergers and acquisitions and securities law matters. He advises clients on public and private offerings, direct transactions as well as on the formation of private equity hedge funds. Mr. Cohen additionally advises corporations and their boards on securities law compliance, corporate governance and assists them in their periodic reporting requirements. Mr. Cohen was also named by New York Metro Super Lawyers as a 2014 Rising Star.

    About Sichenzia Ross Friedman Ference LLP
    Sichenzia Ross Friedman Ference LLP is a corporate and securities law firm that provides experienced, professional representation in all matters involving the securities industry, as well as in all general corporate and litigation matters. SRFF’s clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. SRFF also advises institutional investors on transactions involving complex securities law considerations. SRFF’s practice includes the representation of clients located in the United States and throughout the world. To learn more about SRFF, visit www.srff.com, SRFF’s LinkedIn, Twitter: @SRFFLLP and Facebook pages.

     

    Partners Gregory Sichenzia and Thomas A. Rose Admitted to Supreme Court Bar

    With Dean Supreme CourtSichenzia Ross Friedman Ference LLP Partners Gregory Sichenzia and Thomas A. Rose was admitted to the Supreme Court Bar on Tuesday, December 9, along with several other notable Benjamin N. Cardoza alumni. Admission to the United States Supreme Court is an honorable distinction for attorneys of good standing and who have been practicing for more than three years. Upon admission, Mr. Sichenzia and Mr. Rose are granted the exclusive ability to argue before the justices of the Supreme Court. Every attorney admitted to the Supreme Court must be sponsored by two attorneys who have been admitted to the Supreme Court Bar. Mr. Sichenzia and Mr. Ross are sponsored by Matthew Diller, the dean of the Benjamin N. Cardoza Law School and Michael Ference, a partner at Sichenzia Ross Friedman Ference LLP.

     

    Gallery:

    With Justice Scalia
    Partners with Justice Scalia

     

    Supreme Court

     

    Solar3D Retains Sichenzia Ross Friedman Ference As SEC Counsel

    Sichenzia Ross Friedman Ference LLP to Advise the Company on Securities Related Matters and for Potential Uplisting to a Senior Exchange

    SANTA BARBARA, CA — (Marketwired) — 12/04/14 — Solar3D, Inc.(OTCQB: SLTD), a leading solar power company and the developer of a proprietary high efficiency solar cell, today announced that it has retained Sichenzia Ross Friedman Ference LLP (www.srff.com) to represent SLTD on general securities matters and a potential uplisting to a senior exchange.

    Sichenzia Ross Friedman Ference LLP is the top ranked securities law firm as recognized by industry league tables. The firm’s services include but are not limited to providing oversight for stock exchange listing matters, initial and secondary public offerings, alternative public offerings, private investment  in public equity (PIPE) transactions, as well as mergers and acquisitions.

    In early 2014, the company acquired SUNworks, a Sacramento-area solar design and installation firm. Last month, Solar3D agreed to acquire MD Energy, a California-based solar construction firm.

    “We are thrilled to be working with Sichenzia Ross Friedman Ference,” said Jim Nelson, CEO of Solar3D. “Led by Gregory Sichenzia, this firm will act as our securities law partner and will play an important role as we continue to experience substantial growth and pursue new opportunities in the public equity space. The firm’s experience and track record as a strategic partner for growth companies seeking to achieve the next level of development will be very helpful, as Solar3D continues to pursue its aggressive plan for growth in 2015.”

    About Sichenzia Ross Friedman Ference LLP

    Sichenzia Ross Friedman Ference LLP provides experienced, professional representation in all matters involving the securities industry, as well as in all general corporate and litigation matters.

    The firm’s clients range from start-ups to established, listed companies. They include private and public corporations,
    partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. Sichenzia Ross also advises institutional investors on transactions involving complex securities law considerations.

    To learn more, visit https://srf.law.

    About Solar3D, Inc.
    Solar3D is a leading provider of solar power solutions and the developer of a proprietary high efficiency solar cell. The company’s
    SUNworks division focuses on the design, installation and management of solar power systems for commercial, agricultural and residential customers. SUNworks is one of the fastest growing solar systems providers in California and has delivered hundreds of 2.5 kilowatt to 1-megawatt commercial systems and has the capability of providing systems as large as 25 megawatts. Solar3D’s technology division is developing a patent-pending 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity. The Solar3D Cell collects sunlight from a wide angle and lets light bounce around in 3-dimensional microstructures on the solar cell surface. The Company’s mission is to further the widespread adoption of solar power by deploying affordable, state-of-the-art systems and developing breakthrough new solar technologies.

    To learn more about Solar3D, visit our website at
    http://www.Solar3D.com.

    DelMar Pharmacueticals Retains Sichenzia Ross Friedman Ference as Their Designated Advisor for Disclosure on OTCQX Exchange

    DMPI-300

    Sichenzia Ross Friedman Ference LLP Serves as DelMar Pharmacueticals ‘ Designated Advisor for Disclosure on OTCQX Exchange

    PRESS RELEASE – December 2, 2014 — Global Newswire

    New York based securities and corporate law firm, Sichenzia Ross Friedman Ference LLP announced today that it has served DelMar Pharmaceuticals Inc. (OTCQX: DMPI), a clinical and commercial stage drug development company, as their Designated Advisor for Disclosure (“DAD”) on their listing on the OTCQX marketplace exchange.

    About Sichenzia Ross Friedman Ference LLP
    Sichenzia Ross Friedman Ference LLP is a corporate and securities law firm that provides experienced, professional representation in all matters involving the securities industry, as well as in all general corporate and litigation matters. SRFF’s clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. SRFF also advises institutional investors on transactions involving complex securities law considerations. SRFF’s practice includes the representation of clients located in the United States and throughout the world. To learn more about SRFF, visit www.srff.com, SRFF’s LinkedIn, Twitter: @SRFFLLP and Facebook pages.

    Blacksands Petroleum Announces Private Placement of $1.0 Million

    Sichenzia Ross Friedman Ference LLP Represents Blacksands Petroleum on a Private Placement of $1.0 Million of Series C Convertible Preferred Stock

    New York, NY – – (Global Newswire – November 3, 2014) – New York-based securities law firm Sichenzia Ross Friedman Ference LLP announced that it represented Blacksands Petroleum, Inc. (OTCQB: BSPE), an oil and gas exploration and production company, in a PIPE transaction with an accredited investor, whereby Blacksands sold 1,000,000 shares of Series C Convertible Preferred Stock, at a purchase price of $1.00 per share. The aggregate value of the offering was $1,000,000.

    The Sichenzia Ross Friedman Ference LLP team was led by Partner Marc J. Ross, Partner James M. Turner and Associate Sharon A. Carroll.

    About Sichenzia Ross Friedman Ference LLP

    Sichenzia Ross Friedman Ference LLP is a corporate and securities law firm that provides experienced, professional representation in all matters involving the securities industry, as well as in all general corporate and litigation matters. SRFF’s clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. SRFF also advises institutional investors on transactions involving complex securities law considerations. SRFF’s practice includes the representation of clients located in the United States and throughout the world. To learn more about SRFF, visit www.srff.com, SRFF’s LinkedIn, Twitter: @SRFFLLP and Facebook pages.

    HongKong Takung & Equity of Artworks Exchange Announces Reverse Merger With Cardigant Medical

    Sichenzia Ross Friedman Ference LLP Advises HongKong Takung Assets and Equity of Artworks Exchange Co. Ltd., on a Reverse Merger with Cardigant Medical Inc.

    Press Release – October 28, 2014 (Global Newswire) – New York-based securities law firm, Sichenzia Ross Friedman Ference LLP, announced that it has represented HongKong Takung Assets and Equity of Artworks Exchange Co.,Ltd. (“Takung”), a Hong Kong-based online platform for artists, art dealers and art investors to trade valuable artwork, in a reverse merger with U.S. company, Cardigant Medical, Inc. (“Cardigant”). The reverse merger was completed on October 20, 2014.

    Pursuant to the reverse merger, Cardigant l acquired all the issued and outstanding capital stock of Takung and in exchange, Takung shareholders acquired 209,976,000 restricted shares of Cardigant’s common stock. Simultaneous with the reverse merger, all the remaining assets and operations of Cardigant were spun-off.

    As a result of the reverse merger, Takung is now the sole wholly-owned operational subsidiary of Cardigant Takung management has taken over management of Cardigant.

    “The successful completion of the merger represents a major milestone for Takung, positioning the company for growth and access to the capital market,” said Benjamin Tan, Partner who led the Sichenzia Ross Friedman Ference LLP team. “It is our honor and privilege to be instrumental in the reverse merger and wish Takung all the very best.”

    About Sichenzia Ross Friedman Ference LLP

    Sichenzia Ross Friedman Ference LLP is a corporate and securities law firm that provides experienced, professional representation in all matters involving the securities industry, as well as in all general corporate and litigation matters. SRFF’s clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. SRFF also advises institutional investors on transactions involving complex securities law considerations. SRFF’s practice includes the representation of clients located in the United States and throughout the world. To learn more about SRFF, visit www.srff.com, SRFF’s LinkedIn, Twitter: @SRFFLLP and Facebook page.

    Sichenzia Ross Friedman Ference LLP Again Ranked As #1 PIPE Issuer Law Firm for 2014

    New York, NY – (October 9, 2014) – Sichenzia Ross Friedman Ference LLP led the national PIPE league tables in the first three quarters of 2014 by ranking #1 as the most active issuer counsel in the industry-standard DealFlow Report and in PlacementTracker’s PIPE Market League Tables. Since 2004, when the firm was initially ranked as the #1 PIPE U.S. law firm, Sichenzia Ross has consistently maintained its position at the top of the national rankings. Additionally, Sichenzia Ross ranked as the fourth most active investor counsel and the seventh most active placement agent counsel for the first nine months of 2014.The DealFlow Report ranking reflects the strong position that Sichenzia Ross has been able to maintain in the market over the past year. In the first three quarters of 2014, the firm has represented 33 issuers in transactions totaling over $253 million.Additionally, Sichenzia Ross was ranked 1st in 2014 for issuer counsel transactions by Placement Tracker, a project of Sagient Research. According to Sagient, in the first three quarters of 2014, Sichenzia Ross has advised issuers on 23 transactions amounting to over $141 million.


    *PIPEs Rankings are measured by the number of placements advised according to The DealFlow Report. Rankings include only PIPE transactions that have a value of at least $1.0 million. Visit the Sagient Research’s PlacementTracker’s League Tables to learn more about the PIPE Industry Tables.
    Media Contact:
    pr@srf.law


    Sichenzia Ross Ference LLP

    Sichenzia Ross Ference LLP is a nationally recognized securities and corporate law firm that provides experienced representation in all matters involving the securities industry. Super Lawyers consistently recognizes our attorneys as among the highest rated securities lawyers in the nation. Our attorneys specialize in advising clients on private placements, initial (IPOs) and secondary public offerings, alternative public offerings, preparation of SEC filings and listings on major capital stock exchanges such as the NYSE (New York Stock Exchange), NASDAQ and OTC markets. In addition, our litigation and arbitration attorneys are highly skilled in representing clients from routine lawsuits to complex cases before the SEC, FINRA and other tribunals. We also represent clients in a range of residential and commercial real estate and trusts and estates matters.

    Visit SRF's LinkedIn page
    Sichenzia Ross Ference LLP

    Sichenzia Ross in the news: “Three things that could go wrong with Alibaba IPO” (CNBC)

    Three things that could go wrong with Alibaba IPO

     

    There are any number of reasons to find Alibaba alluring: a global footprint, scads of cash and ownership that has its eyes focused firmly on future growth. That doesn’t mean, though, that the glittery initial public offering, which prices Thursday evening, is all gold. Indeed, there are at least three potential drawbacks investors should consider before banging at the door Friday to get a piece of what very likely will be the largest IPO ever.

    1. It plays in China, but will it play in the U.S., too?

    China-based Alibaba’s sales over the past year totaled nearly $300 billion, which dwarfs U.S. competitors like Amazon and eBay. But there’s still that nagging worry over whether it will connect with U.S. consumers, who in the past have been less than willing to buy into Chinese retailers of any sort.

    “We think it’s going to be challenging for them to gain a lot of traction, at least directly, with Western and particularly U.S. consumers,” Scott Kessler, equity analyst at S&P Capital IQ, said in an interview. Indeed, there is a long and unpleasant history for Chinese companies in the West, whether it’s with consumers or investors. Publicly traded Chinese stocks gained just 7.9 percent from 1993 to 2013, a time when U.S. stocks returned 555 percent, according to calculations recently reported by The Associated Press.

    “Just because the Western world is largely untapped for (Alibaba), suddenly there seems to be this massive potential,” Kessler added. “While that may be the case in some respects, we think it’s been very difficult for Chinese companies to make major inroads with Western and specifically U.S. consumers.”

    2. And then there’s that whole China thing

    Because of a long history of financial curiosities, Chinese companies carry their own special cloak of mystery. For Alibaba, it’s a little different, but still enough to give pause. No one is challenging the company’s riveting sales or profit figures, but there is some concern about the way Alibaba is headquartered in China but incorporated in the Cayman Islands. It’s certainly not the first company to do that—China prevents foreign ownership of company assets—but there are still some unique challenges.

    For one, investors won’t own common shares, they’ll actually be buying American depositary receipts. FinancialWeb does a nice job of explaining the potential issues here:

    One of the disadvantages of investing in an ADR is a lack of information. There is not as much information available about many foreign companies as there tends to be about domestic companies. This can increase your risk as an investor.Another disadvantage of investing in an ADR is that you have to worry about political conditions in the country where the company is located. This can add another layer of risk for you to be concerned with.

    “Political conditions” in China obviously can be tenuous, but hopes are that Alibaba can overcome any China-related stigma.

    “This may signify a born-again trust in Chinese companies, at least in the big bulge-bracket scale,” said Gregory Sichenzia, an IPO and securities lawyer with Sichenzia Ross Friedman Ference in New York. “What we’re hoping to see is that Alibaba does restore some confidence in investing in Chinese companies.

    3. Of course, there’s been just a little bit of … HYPE!!!!

    Yes, if you haven’t seen the headlines, Wall Street’s a little excited over this one, and we know these things don’t always end well. They don’t always begin so well, either.

    In fact, Alibaba itself is highly conscious of the 2012 Facebook debacle, arguably the host-hyped IPO ever. The social network’s market debut was a disaster: Nasdaq failed to get trading off on time, underwriter Morgan Stanley priced the shares at the top of the expected range then had to scramble just to get the stock to break even on the opening day, and investors dumped Facebook shares for months after.

    “The price seems to be creeping up every day,” Sichenzia said. “It’s getting expensive even as we speak, before it trades, which scares me a little bit. There is a lot of hype here. There is going to be a little bit of a bubble.” Alibaba took the unconventional step of listing a big tech company on the New York Stock Exchange instead of the Nasdaq. For that reason, and the Cayman Islands issue, Alibaba will not be included in most major indexes and thus most big exchange-traded funds, potentially limiting its liquidity.

    Securities lawyer Andrew Stoltmann warned investors to consider all the potential pitfalls.”Investors should steer clear of the Alibaba IPO despite the breathtaking pitches of near-certain riches by their financial advisers and stockbrokers,” he said. “Thousands of investors have been burned and scammed by believing the hype when it comes to Chinese companies. Alibaba might be the next one to lure unsuspecting investors into large losses.”

    CNBC Interviews Sichenzia Ross Partner Gregory Sichenzia: “Alibaba won’t pull page from Facebook IPO, but is it safe?”

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    September 16, 2014
    : CNBC interviewed Sichenzia Ross Friedman Ference LLP’s senior partner Gregory Sichenzia regarding possible legal implications of Alibaba’s upcoming initial public offering on the New York Stock Exchange. CNBC asked how Alibaba’s corporate domicile in the Cayman Islands could potentially affect investors; to which Sichenzia answered “If things go bad, the claim is against the Cayman company,” he said. “For an investor, it could be very frustrating to enforce your rights.” Visit here to read the rest of the article.

    Sichenzia Ross Friedman Ference LLP Advises Calpian Inc. on $8.3 Million Private Placement of Common Stock and Warrants

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    May 27, 2014 (GLOBE NEWSWIRE) – New York-based securities law firm, Sichenzia Ross Friedman Ference LLP announced that it has represented Calpian Inc. (OTCQB: CLPI), a global processing and mobile payments technology company, on a private placement offering of units in the aggregate amount of $8.3 million. Each unit consisted of one share of common stock and a warrant to purchase one fifth of one share of common stock, priced at $1.00 per unit. The warrants are exercisable at $1.25 per share. National Securities acted as the lead placement agent. The Sichenzia Ross  Friedman Ference LLP team was led by partner Darrin M. Ocasio and associate Jay Yamamoto.

    Media Contact
    pr@srf.law
    212-930-9700

    Sichenzia Ross Ference LLP

    Sichenzia Ross Ference LLP is a nationally recognized securities and corporate law firm that provides experienced representation in all matters involving the securities industry. Super Lawyers consistently recognizes our attorneys as among the highest rated securities lawyers in the nation. Our attorneys specialize in advising clients on private placements, initial (IPOs) and secondary public offerings, alternative public offerings, preparation of SEC filings and listings on major capital stock exchanges such as the NYSE (New York Stock Exchange), NASDAQ and OTC markets. In addition, our litigation and arbitration attorneys are highly skilled in representing clients from routine lawsuits to complex cases before the SEC, FINRA and other tribunals. We also represent clients in a range of residential and commercial real estate and trusts and estates matters.

    Visit SRF's LinkedIn page
    Sichenzia Ross Ference LLP

    SRFF Ranked Number One PIPE Issuer Law Firm for the Second Quarter of 2014

    New York, NY (July 17, 2014 ) – Sichenzia Ross Friedman Ference has again been ranked the number one PIPE issuer law firm in the nation for the second financial quarter of 2014 (April, May and June of 2014), as ranked by the industry-standard DEAL FLOW REPORT* . Since 2004, when the firm was initially ranked as the #1 PIPE law firm nationwide, Sichenzia Ross has completed approximately 500 such transactions valued at more than $3.0 billion, making it the #1 overall ranked firm for the period. The DEAL FLOW REPORT ranking reflects the strong position that Sichenzia Ross has been able to maintain in the market over the past sixteen years.

    * PIPEs Rankings are measured by the number of placements advised according to The PIPEs Report and Privateraise.com. The rankings include only PIPE transactions that have a value of at least $1.0 million. For more information about PIPE rankings, go to www.privateraise.com.

    Media Contact

    pr@srf.law
    212-930-9700

    Sichenzia Ross Ference LLP

    Sichenzia Ross Ference LLP is a nationally recognized securities and corporate law firm that provides experienced representation in all matters involving the securities industry. Super Lawyers consistently recognizes our attorneys as among the highest rated securities lawyers in the nation. Our attorneys specialize in advising clients on private placements, initial (IPOs) and secondary public offerings, alternative public offerings, preparation of SEC filings and listings on major capital stock exchanges such as the NYSE (New York Stock Exchange), NASDAQ and OTC markets. In addition, our litigation and arbitration attorneys are highly skilled in representing clients from routine lawsuits to complex cases before the SEC, FINRA and other tribunals. We also represent clients in a range of residential and commercial real estate and trusts and estates matters.

    Visit SRF's LinkedIn page
    Sichenzia Ross Ference LLP

    Sichenzia Ross Friedman Ference LLP Advises Aegis Capital Corp. on $1.8 million Public Offering of CollabRX, Inc.

    collabNEW YORK, June 19, 2014 (GLOBE NEWSWIRE) — New York- based securities law firm, Sichenzia Ross Friedman Ference LLP announced that it has represented Aegis Capital Corp. as the sole underwriter in a $1.8 million public offering for CollabRX, Inc. (NASDAQ: CLRX), a provider of cloud-based expert systems designed to inform healthcare decision-making. The underwriting was pursuant to a prospectus supplement to an effective S-3 registration statement. The offering consisted of 913,500 shares of common stock valued at $2.00 per share. The Sichenzia Ross Friedman Ference LLP team was led by partners Gregory Sichenzia, Marcelle Balcombe and associate Jeff Cahlon.

    Media Contact
    pr@srf.law
    212-930-9700

    Sichenzia Ross Ference LLP

    Sichenzia Ross Ference LLP is a nationally recognized securities and corporate law firm that provides experienced representation in all matters involving the securities industry. Super Lawyers consistently recognizes our attorneys as among the highest rated securities lawyers in the nation. Our attorneys specialize in advising clients on private placements, initial (IPOs) and secondary public offerings, alternative public offerings, preparation of SEC filings and listings on major capital stock exchanges such as the NYSE (New York Stock Exchange), NASDAQ and OTC markets. In addition, our litigation and arbitration attorneys are highly skilled in representing clients from routine lawsuits to complex cases before the SEC, FINRA and other tribunals. We also represent clients in a range of residential and commercial real estate and trusts and estates matters.

    Visit SRF's LinkedIn page
    Sichenzia Ross Ference LLP

    Jeffrey J. Fessler named 2014 New York SmartCEO Attorney of the Year

    JFessler_LinkedInNEW YORK, June 24, 2014 (GLOBE NEWSWIRE) — New York SmartCEO Magazine, in conjunction with Citibank, has named Sichenzia Ross partner, Jeffrey J. Fessler the New York 2014 Attorney of the Year.

    The ESQ awards program was established to recognize the top attorneys who have made an outstanding impact on privately held companies. Fessler was chosen out of more than twenty finalists nominated regionally for the prestigious award. “SmartCEO’s dedication to the entrepreneurial and business community is impressive. I am grateful for their recognition and this is a great honor” Fessler said.

    According to SmartCEO, an independent committee of local business leaders selected Fessler after reviewing submissions sent in from the entire New York region. All of the award finalists were celebrated at a ceremony in June and will be profiled in the July/August issue of SmartCEO Magazine. Watch this event video to learn more about the award and Mr. Fessler.

    About Sichenzia Ross Friedman Ference LLP

    Sichenzia Ross Friedman Ference LLP is a corporate and securities law firm that provides experienced, professional representation in all matters involving the securities industry, as well as in all general corporate and litigation matters. SRFF’s clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. SRFF also advises institutional investors on transactions involving complex securities law considerations. SRFF’s practice includes the representation of clients located in the United States and throughout the world. To learn more, visit www.srff.com

    About SmartCEO

    SmartCEO is an exclusive community of CEOs and business executives, highly regarded mentors and well-respected thought leaders whose experiences benefit their organizations and the communities in which they serve. SmartCEO’s mission is to educate and inspire the business community through the pages of its award-winning magazine, connections at C-level events and access to valuable online resources. To learn more, visit www.smartceo.com

    Partners Gregory Sichenzia, Tom Rose and Associate Jay Yamamoto attend the NASDAQ Opening Bell with Fusion Telecommunications International Inc.

    NEW YORK, June 9, 2014–Senior partners Gregory Sichenzia, Tom Rose, associate Jay Yamamoto and Fusion Telecommunications International Inc. (NASDAQ: FSNN) celebrated Fusion’s inaugural trading day by ringing the Monday morning opening bell of the NASDAQ stock exchange. The NASDAQ stock market is the second largest stock exchange in the world by market capitalization. To learn more, watch the event video here

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    16th Anniversary of Sichenzia Ross Friedman Ference LLP – A History of Unwavering Excellence

    We are proud to announce that today marks the 16th anniversary of the founding of Sichenzia Ross Friedman Ference LLP. SRFF was founded in 1998, and all of its original founding partners are with the firm today. This commitment is echoed by the stability of our attorneys and our long-term relationships with our clients—some of which have been with SRFF since our inception. We are grateful for such deep-rooted client partnerships and for our enduring relationships with the New York City community and our supporters.

    Sichenzia Ross Friedman Ference LLP Again Ranked Number One PIPE Issuer Law Firm for 2014

    Firm Has Been the Nation’s Leader in PIPEs Transactions Since 2004

    Also Ranked Among the Leaders as Investor and Placement Agent Counsel

    New York, NY (April 24, 2014 ) – Sichenzia Ross Friedman Ference LLP (SRFF) has again been ranked the number one PIPE issuer law firm in the nation for YTD 2014, as ranked by the industry-standard DEAL FLOW REPORT. continue reading >>

    Sichenzia Ross Friedman Ference LLP Advises Scilex Pharmaceutical, Inc. on $5 Million Private Placement Transaction

    NEW YORK, March 20, 2014 – New York- based securities law firm, Sichenzia Ross Friedman Ference LLP, acted as counsel to Malvern Pa.-based Scilex Pharmaceuticals, Inc. a company engaged in transdermal delivery systems with its recently completed private placement of units consisting of common stock and warrants. The Company raised an aggregate of $5.0 Million. Aegis Capital Corp. acted as the placement agent the offering. The Sichenzia Ross Friedman Ference LLP team was led by Jeffrey Fessler and Marcelle Balcombe

    About Sichenzia Ross Friedman Ference LLP

    Sichenzia Ross Friedman Ference LLP are corporate and securities lawyers that provide experienced, professional representation in all matters involving the securities industry, as well as in all general corporate and litigation matters. SRFF’s clients range from start-ups to established, listed companies. They include private and public corporations, partnerships, broker-dealers, bank-affiliated broker-dealers, investment advisors, registered personnel, public and corporate customers and investors, partnerships and other entities. SRFF also advises institutional investors on transactions involving complex securities law considerations. SRFF’s practice includes the representation of clients located in the United States and throughout the world.