Sichenzia Ross Ference LLP Represents The Glimpse Group, Inc. in $15 Million Private Placement Financing
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.
The Sichenzia Ross Ference LLP team was led by partners Darrin M. Ocasio and Jay Yamamoto, and associates Rajiv Radia and Zachary Weiss.
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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.
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