The Firm is particularly proud of its work in connection with counseling its client, Ammo, Inc. a premier American ammunition and munition components manufacturer and technology leader, in connection with the closing of its $18 Million underwritten public offering. Alexander Capital, L.P. and Kingswood Capital Markets, division of Benchmark Investments, Inc., acted as joint bookrunners for the Offering. The Company’s Chief Executive Officer, Fred Wagenhals, commented that “we are excited to have swiftly closed the Offering and are grateful for the work of our world-class professional advisors Lucosky Brookman to make this happen.”
Digerati Technologies, Inc.
Among its many representations, the Firm advised Digerati Technologies, Inc., a provider of cloud service solutions for the small to medium-sized business market, in connection with the closing of a $20 Million senior secured loan transaction and the purchase of two acquisitions, Nexogy, Inc. (Nexogy.com), and ActivePBX (ActivePBX.com). As a combined business, Nexogy, ActivePBX, and Digerati’s operating subsidiary, T3 Communications, Inc., serves over 2,600 business customers and approximately 28,000 users while generating over $14 Million in annual revenue. Arthur L. Smith, Chief Executive Officer of Digerati, commented, “I commend our internal team and outside counsel, Lucosky Brookman, for staying on task and completing, not one, but two acquisitions simultaneously. With Lucosky Brookman’s ongoing assistance, we continue to move forward with our corporate goal of Uplisting to either the NASDAQ or NYSE.”
Conversion Labs, Inc.
The Firm represented its client, Conversion Labs, Inc, a direct-to-consumer telemedicine and wellness company, in connection with the closing of an approximately $16 Million private placement with institutional investors. BTIG, LLC acted as exclusive placement agent for the offering. This private placement follows an equity investment that was led by a select group of sophisticated investors who have been helping to drive the growth of the Company. “This new funding represents a tremendous affirmation of our business strategy and growth prospects,” stated Conversion Labs CEO, Justin Schreiber. “It also helps to satisfy the capital requirements for our NASDAQ listing application. We are very excited to have closed this offering in expedited fashion and would like to thank our securities counsel in Lucosky Brookman whose leadership and strategic guidance has been an integral part of the Company now standing on the precipice of listing on a national exchange.”