Deals Closing, But…

As mentioned a few weeks ago, things are picking up. Deals that were languishing or almost dying have come back to life and are actually getting closed. We are completing several reverse mergers in my office this week, complete with contemporaneous financings. What next? That’s the big question. Some are suggesting (including some lawyer colleagues ...

See You at the PIPEs Conference

My law partner Joe Smith and I are both speaking at DealFlow Media’s PIPEs Conference this November 12-13 at the New York Hilton. This is by far the biggest PIPE conference of the year. Joe will be on the traditional panel discussing legal issues concerning PIPEs. My panel will be on reverse mergers. I urge ...

What Does This All Mean to Me, Al Franken?

Some of us older folks remember the early days of the NBC comedy show Saturday Night Live. A very clever guy (now running as a Democrat for the US Senate), Al Franken, used to do a sketch talking about problems in the world and then saying, “But what really matters is what this means to ...

Bigger, Bigger, Bigger, Better?

Holy big deal Batman! Several incredible milestones were reached in recent weeks as the PIPE and SPAC markets continue their explosive growth. First, what appears to be the largest PIPE ever was announced on November 28. According to DealFlow Media’s PIPE Wire, the $7.5 billion investment into Citigroup by Abu Dhabi Investment Group was structured ...