Firm News

The Latest News from Lucosky Brookman

Lucosky Brookman is a leader in the representation of small and micro-cap companies. The Firm has led it clients through numerous capital raise transaction and over a dozen uplisting and initial public offering transactions.  Access the latest news about Lucosky Brookman, our clients’ business transactions and industry updates here. 

Lucosky Brookman Successfully Represents Spartan Capital in $6.58 Million Underwritten Public Offering of Nocera, Inc. Common Stock and Warrants; Listing on NASDAQ

Lucosky Brookman congratulates its client, Spartan Capital on its successful $6.58 million underwritten public offering of Nocera, Inc. (NASDAQ: NCRA), a fully integrated sustainable seafood company with a focus on manufacturing and operating land-based Recirculatory Aquaculture Systems (RAS). Concurrently with the offering, the Company listed its shares on NASDAQ.  

The Company closed on its underwritten public offering of 1,880,000 units, each unit consisted of one share of common stock and one warrant to purchase two shares of Common Stock, at a public offering price of $3.50 per unit, for aggregate gross proceeds of $6.58 million, prior to deducting underwriting discounts, commissions, and other estimated offering expenses. 

Each Warrant permits the holder to purchase two shares of common stock at an exercise price of $3.85 (110% of the per unit offering price) and expires five years after the date of issuance. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 282,000 units at the public offering price per unit, less the underwriting discounts and commissions, to cover over-allotments, if any.

Lucosky Brookman represented Spartan Capital in its capacity as joint book-running manager for the offering.