Press Release – New York, NY – October 15, 2018 – Sichenzia Ross Ference LLP announced today that it has represented Rodman & Renshaw, a unit of H.C. Wainwright, as Exclusive Placement Agent and Boenning & Scattergood, Inc. as co-placement agent in a public offering of Series A Preferred stock for Medical Transcript Billing, Corp. (MTBC.NASDAQ).
MTBC is a principal provider of proprietary, cloud-based electronic health records, practice management, and mHealth solutions. MTBC received approximately $15 million in gross proceeds from the sale of 600,000 shares of Series A Preferred Stock sold to the public at a price of $25 per share for an aggregate offering amount of $15 Million. The series A Preferred Stock is traded on NASDAQ under the symbol “MTBCA.” The offering is expected to close on or around October 15 2018, subject to the satisfaction of customary closing conditions.
The Sichenzia Ross Ference LLP team was led by partners Gregory Sichenzia, Tom Rose and Jay Yamamoto.
- Sichenzia Ross Ference Carmel LLP Represents Dominari Securities, Revere Securities and Pacific Century Securities in $6 Million Initial Public Offering of BUUU Group Limited - August 15, 2025
- Sichenzia Ross Ference Carmel LLP Represents RBW Capital Partners in $11.225 Million Private Placement of Digital Brands Group - August 15, 2025
- Sichenzia Ross Ference Carmel LLP Represents Laidlaw & Company and Craft Capital Management in $10 Million Initial Public Offering of Nasus Pharma - August 14, 2025
