PALM BEACH GARDENS, FL –July, 2022 – Nason, Yeager, Gerson, Harris & Fumero, P.A. (Nason Yeager), a full-service law firm with offices in Palm Beach Gardens, Boca Raton and Fort Lauderdale, Florida served as legal counsel in three significant private placements.
On June 14, 2022, a hedge fund represented by Nason Yeager, invested $10 million in an offering consisting of an $11 million original issue discount (OID) convertible note and warrants issued by Spring Big Holdings, Inc. [Nasdaq: SBIG] following a de-SPAC transaction. Nason Yeager shareholder, Michael D. Harris, Esq., head of the Firm’s SEC Practice Group, led the Nason Yeager team assisted by Nason Yeager Of Counsel, Edward Schauder, Esq.
On June 8, 2022, Nason Yeager client, Ecoark Holdings, Inc. [Nasdaq: ZEST], closed a $12 million private placement consisting of Commitment Shares of Common Stock, Series A Convertible Preferred Stock and a Warrant. The investor was a subsidiary of BitNile Holdings, Inc. [NYSE American: NILE]. The Nason Yeager team consisted of Messrs. Harris and Schauder and associate Constantine Christakis, Esq.
On March 14, 2022, Nason Yeager client, Aspen Group, Inc. [Nasdaq global: ASPU], entered into a series of loan transactions with two lenders: Aspen Group received $10 million and issued a (i) Revolving Promissory Note and Security Agreement in the principal amount of up to $20 million in the aggregate and (ii) Convertible Promissory Note and Security Agreement. The Nason Yeager team consisted of Messrs. Harris Schauder and Christakis.
At Nason Yeager, the Securities Practice Group has extensive experience counseling clients with capital raising transactions to ensure compliance with applicable federal and state securities laws including providing advice to public and private companies, hedge funds and family offices in connection with public offerings and private placements of securities. The law firm’s expert team regularly provides a broad range of corporate and securities advice to clients including filings with the Securities and Exchange Commission. Nason Yeager’s Securities Practice Group also works closely with their Corporate Practice Group advising clients on mergers and acquisitions, public and private financings and corporate governance matters, in addition to a broad array of contractual matters.
About Nason Yeager Gerson Harris & Fumero, P.A.
Founded in 1960, Nason Yeager Gerson Harris & Fumero, P.A. is one of Florida’s oldest law firms, providing strategic legal counsel and representation to a wide array of public and private sector clients located throughout Florida and beyond. Known for its entrepreneurial spirit, the firm’s attorneys have earned a reputation for their results-driven work and utilizing innovative legal strategies to help clients achieve their goals. The firm is Martindale-Hubbell AV rated.
For more information visit www.nasonyeager.com.
Lauren Berger, BoardroomPR