Shareholder Michael D. Harris, Esq., who heads the firm’s SEC and Mergers and Acquisitions practice, led teams of Nason Yeager lawyers in closing two public company mergers in March.
In the first merger, Nason Yeager client, Vaporin, Inc., a publicly-traded OTC Markets issuer then based in Miami merged with and into Vapor Corp., a NASDAQ (VPCO) issuer based in Dania Beach, Florida on March 4, 2015. Shareholders Brian S. Bernstein, Esq. (SEC and M&A) and Domenick R. Lioce, Esq. (tax) and associate Leah E. Hutton, Esq. (SEC) assisted in the transaction. The merger was announced on November 6, 2014 when the parties signed the Merger Agreement. Vapor then filed a Form S-4 Registration Statement / Proxy Statement which upon effectiveness was used to obtain shareholder approval and issue Vapor common stock to the former Vaporin shareholders.
In the second merger, which closed on March 21, 2015, Nason Yeager client, The Best One, Inc., a Boca Raton based privately-held company with offices in Atlanta and Seattle, merged into a subsidiary of Tiger Media, Inc., an NYSE MKT (IDI) issuer then based in Shanghai, China. Shareholder George E. Harding, Esq. (tax) and associates Beth Patterson Crews, Esq. (M&A) and Leah E. Hutton, Esq. (SEC) assisted in the transaction. The Merger Agreement was signed on December 14, 2014. The closing was subject to Tiger Media reincorporating from the Cayman Islands to Delaware and obtaining shareholder approval of the merger and issuance of the shares delivered to the shareholders of Nason Yeager’s client. Following the closing Tiger Media moved its principal offices to Boca Raton and its Chief Executive Officer became Co-Chief Executive Officer of Tiger Media.