Sichenzia Ross Ference LLP Represents Murphy Canyon Acquisitions Corp. in $132.25 Million Initial Public Offering and NASDAQ Listing

Press Release – New York, NY – February 10, 2022 – Sichenzia Ross Ference LLP announced today that it represented Murphy Canyon Acquisition Corp. (Nasdaq: MURFU), a newly formed blank check company, with the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, in its NASDAQ listing and initial public offering of 13,225,000 units at a public offering price of $10.00 per unit, each consisting of one share of common stock and one redeemable warrant. The gross proceeds from the offering, including the over-allotment option shares, were $132,250,000 before deducting underwriting discounts, commissions and offering expenses.

The Sichenzia Ross Ference LLP team was led by partners Darrin M. Ocasio, Arthur Marcus, Avital Perlman, counsel Jennifer Trowbridge and law clerk Michael Blane.

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Sichenzia Ross Ference Carmel LLP

Sichenzia Ross Ference Carmel 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, SRFC’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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Sichenzia Ross Ference LLP Represents Murphy Canyon Acquisitions Corp. in $132.25 Million Initial Public Offering and NASDAQ Listing

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