October 30, 2015 – New York, NY – Press Release – Sichenzia Ross Friedman Ference LLP announced today that the Firm has represented investment bank Oppenheimer & Co. Inc. and Rodman and Renshaw, a division of H.C. Wainwright & Co. as co-placement agents in a $6.4 million registered direct offering for UQM Technologies (NYSE MKT: UQM), a manufacturer of electrical motors, generators and fuel cell compressor systems. Pursuant to the offering, each unit consists of one share of UQM common stock and 0.5 of a warrant. Each warrant gives the warrant holder the right to purchase one share of UQM common stock at a price of $1.31.
The Sichenzia Ross Friedman Ference LLP team was led by Partners Gregory Sichenzia, Marcelle Balcombe and Associate Jeffrey Cahlon.
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