Sichenzia Ross Friedman Ference LLP Represents Ladenburg Thalmann as Placement Agent on Dynatronics’ $4.0M PIPE

dynatronics

May 6, 2015 – New York, NY – New York City based securities and corporate law firm Sichenzia Ross Friedman Ference LLP announced today that the Firm has represented Ladenburg Thalmann & Co. Inc. as the sole placement agent on a private placement of Dynatronics Corporation (NASDAQ: DYNT) that consisted of 1.6 million shares of Series A 8% Convertible Preferred Stock and warrants to purchase 2.4 million shares for aggregate proceeds of approximately $4,000,000. The warrants have an exercise price of $2.75 and a term of six years.

Dynatronics is a leading manufacturer and marketer of rehabilitation and physical therapy products. The financing will provide the Company with additional capital to promote its growth and to help the Company pursue its strategic acquisitions. The Sichenzia Ross Friedman Ference LLP team was led by Partner Gregory Sichenzia and Associate Avital Even-Shoshan.

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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.

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