Company News
FOR IMMEDIATE RELEASE
New York, New York – CRONE LAW GROUP
TENX Keane (NASDAQ:TENKU) Acquisition $66 Million IPO | October 14, 2022
Aeropost Holding Corporation | Private Placement of up to $10M (+$10M over-allotment option) | Approximately $5.4M raised through September 30, 2022 | Aegis Capital Corp. acting as Placement Agent
EZRaider Co. (OTC:EZRG) | Private Placement of $880,000 | June 10, 2022
Psudo Inc. | Private Placement of $3M (including $1M over-allotment option) | May 9, 2022 | Aegis Capital Corp. acted as Placement Agent
Makamer Holdings, Inc. (OTC:HWIN) | Reverse Takeover of Makamer, Inc. | April 1, 2022
Ultimate Odds Inc. | Private Placement of $150,000 | March 17, 2022
July 15, 2021
FOR IMMEDIATE RELEASE
New York, New York – CRONE LAW GROUP ANNOUNCES THE ADDITION OF LIANG SHIH
The Crone Law Group is pleased to announce the addition of Liang Shih!
Liang Shih’s practice is concentrated on SEC-registered initial public offerings and listings on the NYSE, NASDAQ, and the Stock Exchange of Hong Kong, Rule 144A/Regulation S securities offerings, PIPE transactions, and private/exempt offerings. He has extensive experience in the Asia-Pacific region, having worked in Beijing, Shanghai, and Hong Kong from 2007 to 2012. Liang also advises companies and underwriters on compliance matters, including ’34 Act, stock exchange, and FINRA compliance.
Liang has worked with public and private companies in a variety of industries, including media, renewable energy, software, e-commerce, semiconductors, chemicals, telecommunications, education, pharmaceuticals and medical devices, banking, mining, oil and gas, and food and beverage. Prior to joining The Crone Law Group, he has advised on IPO offerings, public and private equity and debt offerings, and compliance matters for ICBC, PetroChina, Little Sheep Group (China’s first F&B brand listed in Hong Kong), New Oriental Education, China Natural Gas, and numerous other companies and underwriters.
Liang received his J.D. degree from Cornell Law School in 2003 and is admitted to practice in New York.
January 28, 2021
FOR IMMEDIATE RELEASE
New York, New York – CRONE LAW GROUP ANNOUNCES THE ADDITION OF JOE LAXAGUE
The Crone Law Group is pleased to announce the addition of Joe Laxague to our Reno offices!
Joe Laxague is an experienced, reliable, and responsive attorney dedicated to helping businesses reach their goals. He has extensive experience representing small-cap and micro-cap public and private companies. His practice and experience also includes representation of creditors and small business debtors in Chapter 7 and Chapter 11 bankruptcy proceedings, as well as commercial litigation in Nevada’s state and federal courts.
Mr. Laxague has been a member of the Nevada State Bar since 2000. He graduated Magna Cum Laude from University of Notre Dame Law School (J.D. ’00) and Magna Cum Laude from the University of Nevada, Las Vegas (B.S. – Business Administration ’97).
Recent Capital Market Transactions:
FOR IMMEDIATE RELEASE
New York, New York – CRONE LAW GROUP
Red Cat Holdings, Inc. (NASDAQ:RCAT) | Registered Securities Offering of $60M | July 21st, 2021
ThinkEquity, a division of Fordham Financial Management, Inc., acted as sole book-running manager for the offering.
Blue Star Foods Corp. (OTC:BSFC) | Private Placement of $3.0M | June 24th, 2021
Newbridge Securities Corporation acted lead placement agent.
Bon Natural Life Limited (NASDAQ:BON) | Initial Public Offering of $12.65M | June 24th, 2021
U.S. Tiger Securities, Inc. and Newbridge Securities Corporation acted as co-lead book running managers, R.F. Lafferty & Co. Inc. acted as the joint lead book running manager, and Ascendant Global Advisors acted as the Company’s Financial Advisor.
Grom Social Enterprises, Inc. (NASDAQ:GROM) | Follow-On Offering of $11.5M + NASDAQ uplist | June 21st, 2021
EF Hutton, a division of Benchmark Investments, LLC, acted as sole book-running manager and Revere Securities LLC acted as co-manager for the offering.
Red Cat Holdings, Inc. (NASDAQ:RCAT) | Follow-On Offering of $16.0M + NASDAQ uplist | May 4th, 2021
ThinkEquity, a division of Fordham Financial Management, Inc., acted as sole book-running manager for the offering.
Recent M&A Transactions
FOR IMMEDIATE RELEASE
September 7th, 2021 | New York, New York – CRONE LAW GROUP
Brownie’s Marine Group, Inc. (OTC:BWMG) | acquired Submersible Systems, LLC
FOR IMMEDIATE RELEASE
July 29th, 2021 | New York, New York – CRONE LAW GROUP
Grom Social Enterprises, Inc. (NASDAQ:GROM) | acquired Curiosity Ink Media LLC
FOR IMMEDIATE RELEASE
June 28th | New York, New York – CRONE LAW GROUP
Blue Star Foods Corp. (OTC:BSFC) | acquired Taste of BC Aquafarms
January 28, 2020
FOR IMMEDIATE RELEASE
New York, New York – CRONE LAW GROUP ANNOUNCES THE ADDITION OF ELEANOR OSMANOFF, OF COUNSEL
The Crone Law Group is pleased to announce the addition of Eleanor Osmanoff to our New York offices!
Eleanor Osmanoff is a business transactional attorney with over 15 years of progressive experience in legal field. She started her legal career as a paralegal and gained her knowledge and hands-on learning experience in corporate and securities, intellectual property and commercial litigation, while working in several international law firms, including Dechert LLP. Ms. Osmanoff built on that experience by representing investors in securities dispute resolution through FINRA arbitration at Pace Investors Rights Clinic while completing her law degree.
Prior to joining The Crone Law Group, P.C., Ms. Osmanoff practiced law at the New York offices of CKR Law LLP where she provided comprehensive legal advice to private, public companies and individuals in a broad range of corporate and securities matters and transactions, including company formation, capital market transactions, M&A, securities, commercial transactions, corporate governance and compliance with securities laws. Ms. Osmanoff’ represents a diverse group or clients in a broad array of domestic and cross border matters, focusing her representation in the areas of general corporate, capital market, mergers and acquisitions, securities compliance, private equity and corporate governance. She also provides outside general counsel legal representation to start-up technology and small business companies, advising them on all stages of business life-cycle legal matters, from formation, to developing and implementing an exit strategy.
Ms. Osmanoff graduated with honors from Pace University School of Law and received her B.S. in Legal Studies from Purdue University Global f/k/a Kaplan University. She is a member of New York and New Jersey Bars and a certified mediator in New Jersey. She is also a former professional pianist, and occasionally performs for charities and other non-profit organizations.
January 22, 2019
FOR IMMEDIATE RELEASE
New York, New York – CRONE LAW GROUP ANNOUNCES NEW OFFICE IN BEIJING AND THE ADDITION OF JOHN O’LEARY & MICHAEL SHAFF, OF COUNSEL
Crone Law Group is pleased to announce our new office in Beijing! With the increase of workflow, we have scaled with our clients’ demand.
Additionally, we are pleased to announce the addition of Ron Levy, John O’Leary & Michael Shaff, of counsel, to our growing team of professionals.
MEET RON LEVY
Ron Levy is a Partner of the firm, with 20+ years of business and legal experience representing investors and companies on a broad range of M&A, Finance, Corporate Governance and Securities regulatory matters on domestic and cross-border transactions as well as certain tax planning matters.
Mr. Levy also has a unique background representing investment banks in connection with financings, FINRA arbitrations and FINRA/SEC regulatory compliance matters, as well as advising fund managers on fund formation, capital raising and ongoing 40 Act and certain tax compliance issues. While Mr. Levy has represented international clients in a wide array of industries, a significant amount of his experience has been in managing, structuring and completing transactions involving companies with international interests, energy, and new energy companies, as well as technology transactions and intellectual property licensing.
Mr. Levy regularly advises clients on transactions to or from the US, U.K., Israel, and Asia and assists these companies on accessing capital, providing resources and bypassing obstacles to growth, while providing tax solutions to investors and companies alike.
During Mr. Levy’s career, he has represented institutional and individual clients from around the world, on hundreds of private finance, PIPE, and registered public offering transactions, as well as divestitures and going private transactions. Some of Mr. Levy’s representative transactions include a $250 Million UK based SPAC IPO in the metals industry, an $80 million buyout of manufacturing facilities in southern Europe, a US IPO and various financings and restructurings of an Australian based energy storage technology company, representation of a Japanese based AMEX listed company in connection with its US and UK divestitures and going private transaction, various financings and NASDAQ listings of Asia based companies, representation of a nanotechnology company in connection with ongoing reporting and financing activities and, the tax restructuring and sale of a major mid-western US asphalt manufacturer and government contractor to a private equity fund.
Mr. Levy is a former partner in the Corporate, Securities and Asia Business Practice groups of Hodgson Russ, LLP.
MEET JOHN O’LEARY
John O’Leary serves as Of Counsel for Crone Law Group. Mr. O’Leary provides legal guidance to private companies going public through the registration of equity securities pursuant to the Securities Act of 1933 through underwritten initial public offerings and direct public offerings. Mr. O’Leary also advises public companies on reverse merger transactions, debt and equity financing, PIPE transactions, equity line funding, and other various corporate finance transactions. . Mr. O’Leary also advises public companies on change of control transactions, general corporate governance and compliance with stock exchange listings. Mr. O’Leary also prepares reports required to be filed by public companies pursuant to the reporting requirements of the Securities Exchange Act of 1934, including the preparation of Form 14-A proxy statements, annual (Form 10-K), quarterly (Form 10-Q) and current (Form 8-K) reports.
Prior to joining Crone Law Group, Mr. O’Leary was associated with a New Jersey law firm that specialized in securities and corporate related matters.
Mr. O’Leary’s previous experience also includes service as in-house counsel for a full service broker/ dealer and a nationally recognized securities clearing firm, where he provided legal and regulatory advice to senior management, and responded to state and federal regulatory inquires pursuant to the self-regulatory rules of the Financial Industry Regulatory Authority and the Securities and Exchange Commission.
Mr. O’Leary received his Juris Doctor from Quinnipiac University School of Law and received his Bachelor of Business Administration from Temple University.
MEET MICHAEL SHAFF
Mr. Shaff will be joining our Los Angeles office. His practice includes all aspects of federal and state taxation, both on the planning and structuring of financing transactions and debt and equity offerings and in controversy matters with the IRS and FTB. Mr. Shaff practiced tax law for five years in New York City and for three years in another California law firm.
Mr. Shaff also served as a trial attorney with the office of the Chief Counsel of the Internal Revenue Service for three years. Mr. Shaff is certified by the Board of Legal Specialization of the State Bar of California as a specialist in tax law.
He is a member of the California Lawyers Association (Trusts and Estates Section), and the Massachusetts and New York bars. Mr. Shaff is the past chair of the Tax Section of the Orange County Bar Association.
November 27, 2018
FOR IMMEDIATE RELEASE
New York, New York – CRONE LAW GROUP CLIENT CLOSES IPO
Nerds On Site closes $4.73-million IPO
Crone Law Group client Nerds On Site Inc., has completed its initial public offering of 13,519,830 units, each unit consisting of a common share and a half warrant, at a price of 35 cents per unit, for gross proceeds of $4.73-million. CLG represents Nerds on Site in its corporate and securities matters and played an instrumental role in securing the financing received pursuant to the IPO. The shares are listed on the Canadian Securities Exchange (CSE) under the symbol NERD and will begin trading on Nov. 28, 2018, at the opening of the market.
November 12, 2018
FOR IMMEDIATE RELEASE
New York, New York – CRONE LAW GROUP COMPLETES REVERSE MERGER
Blue Star Foods $1.0-million Reverse Merger
On November 8th, 2018, Crone Law Group client Blue Star Foods Corp. completed a reverse merger with A.G. Acquisition Group II, Inc., and closed on a simultaneous private placement of approximately $1.0 Million that consisted of shares of convertible preferred stock and warrants. Blue Star Foods Corp. is based in Miami, FL, and is an international seafood company that imports, packages and sells refrigerated pasteurized crab meat, and other premium seafood products. CLG represents Blue Star Foods Corp. in its corporate and securities matters, and Newbridge Securities Corp. acted as a Financial Advisor to the transaction.