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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 Silversun Technologies, Inc. in Definitive Agreement and Plan of Merger with Rhodium Enterprises, Inc.

Lucosky Brookman LLP congratulates its client, Silversun Technologies, Inc. (NASDAQ: SSNT), a national provider of transformational business technology solutions and services, on entering into a into a definitive agreement and plan of merger with Rhodium Enterprises, Inc., an industrial-scale digital asset technology company utilizing proprietary technologies to mine bitcoin.

Rhodium is one of the largest bitcoin miners in the United States. Rhodium designs and develops its large-scale, liquid cooling systems and proprietary software to optimize the performance, efficiency, and control of its miners, infrastructure, and operations. Rhodium's flagship liquid cooling technology helps keep miners online and extracts heat which could otherwise lead to equipment damage or failure. Rhodium's proprietary software enables it to make quicker, data-informed decisions, securely and rapidly put miners online, and more effectively manage temperature and energy.

Congratulations and a job well done to Mark Meller, Chief Executive Officer of SilverSun and Chase Blackmon, Chairman & Chief Executive Officer of Rhodium. This transaction was the result of a tremendous effort by many. It was a pleasure working alongside the SilverSun and Rhodium management teams, as well as Rhodium counsel, Kirkland & Ellis LLP, and financial advisor B.Riley Securities, Inc.

Lucosky Brookman acted as corporate and securities counsel to Silversun, while B. Riley Securities, Inc. served as financial advisor and Kirkland & Ellis LLP served as legal advisor to Rhodium.