Sichenzia Ross Ference LLP Represents HF Enterprises Inc. in $15.1 Million Initial Public Offering and Nasdaq Listing
Press Release – New York, NY – November 30, 2020 – Sichenzia Ross Ference LLP announced today that it has represented HF Enterprises Inc. (“HFEN” or the “Company”) in connection with the Company’s initial public offering of common stock and listing on the Nasdaq Capital Market. HFEN is a diversified holding company principally engaged through its subsidiaries in property development, digital transformation technology and biohealth activities with operation in the United States, Singapore, Hong Kong, Australia and South Korea. The initial public offering consisted of 2,160,000 shares of common stock at a public offering price of $7.00 per share. The gross proceeds were approximately $15.1 million, before deducting offering expenses. The Company’s common stock commenced trading on the Nasdaq Capital Market on November 24, 2020 under the symbol “HFEN”.
Aegis Capital Corp. acted as the lead book-running manager for the offering and WestPark Capital., Inc. acted as the co-manager.
The Sichenzia Ross Ference LLP team was led by partners Darrin Ocasio, Gregory Sichenzia and Avital Perlman, counsel Jeff Cahlon and associates Huan Lou and Matthew Siracusa.