Partner Richard Friedman Represents eMagin Corporation in $6M Registered Direct Offering
Press Release – New York, NY – December 23, 2015 – Securities and corporate law firm Sichenzia Ross Friedman Ference LLP announced today that the firm has represented eMagin Corporation (NYSE MKT: EMAN) (the “Company”), the leader in the development, design and manufacture of Active Matrix OLED microdisplays for high resolution imaging products, in connection with its $6,000,000 registered direct offering. The Company sold an aggregate of 4,000,000 units at a purchase price of $1.50 per unit, with each unit consisting of one share of common stock and a warrant to purchase 0.65 of a share of common stock at an exercise price of $2.05 per share of common stock. Each warrant will be exercisable, commencing six months after the date of its issuance, for five years. Craig-Hallum Capital Group, LLC acted as the Company’s exclusive placement agent for the offering.
The Sichenzia Ross Friedman Ference LLP team was led by partners Richard Friedman and Henry Nisser and associate Jeff Cahlon.
About Sichenzia Ross Friedman Ference LLP
Sichenzia Ross Friedman Ference LLP is a nationally recognized securities and corporate law firm that provides experienced representation in all matters involving the securities industry. Super Lawyers consistently recognizes our attorneys as among the highest rated securities lawyers in the nation. Our attorneys specialize in advising clients on private placements, initial (IPOs) and secondary public offerings, alternative public offerings, preparation of SEC filings and listings on major capital stock exchanges such as the NYSE (New York Stock Exchange), NASDAQ and OTC markets. In addition, our litigation and arbitration attorneys are highly skilled in representing clients from routine lawsuits to complex cases before the SEC, FINRA and other tribunals.