Sichenzia Ross Ference Kesner LLP Represents Laidlaw & Company (UK) Ltd. as Placement Agent for a $3 Million Private Placement
Press Release – New York, NY – October 17, 2016 – Nationally recognized securities and corporate law firm Sichenzia Ross Ference Kesner LLP announced today that it has represented Laidlaw & Company (UK) Ltd. as the exclusive placement agent in a private placement of equity securities of FTE Networks, Inc. (OTCQX: FTNW), a company that provides wireline and wireless telecommunications service providers with technology solutions and infrastructure services. In connection with the offering, FTE Networks, Inc. accepted subscriptions for the sale of approximately $3 million in gross proceeds of units sold at a price of $0.40 each, with each unit comprised of one share of common stock and one warrant to purchase a share of common stock at an exercise price of $0.80 carrying a term of five years.
The Sichenzia Ross Ference Kesner LLP team was led by Partner Henry Nisser.
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