In light of the federal government shutdown commencing on December 22, 2018, the U.S. Securities and Exchange Commission (“SEC”) remains leanly staffed. This has caused delay in staff’s review of registration statements and other filings, and the SEC will not be able to declare any registration statements effective during the shutdown. Nevertheless, regardless of the SEC’s operational status, EDGAR will still accept filings.
HTFL’s Client China SXT Pharmaceuticals, Inc. (the "Company") (NASDAQ: SXTC), a specialty pharmaceutical company focusing on the research, development, manufacture, marketing and sales of Traditional Chinese Medicine Pieces ("TCMPs"), announced the final closing of its initial public offering on January 3, 2019. Together with the first closing on December 31, 2018, the Company raised approximately $10.2 million in gross proceeds, before deducting underwriting discounts, commissions and other offering expenses, by issuing 2,546,275 ordinary shares at a public offering price of $4.00 per share.
Dragon Victory International Limited, a company that offers reward-based crowdfunding opportunities and quality incubation services to entrepreneurs in China, rung the NASDAQ Stock Market Opening Bell at NASDAQ MarketSite in Times Square on Monday, March 5, 2018.
China Sunlong Environmental Technology, Inc. (“Sunlong”) has recently successfully consummated a business combination with JM Global Holding Company (“JM Global”), a Special Purpose Acquisition Company (SPAC). The post-merger Company changed its name to TMSR Holding Company Limited, and continues to be listed on Nasdaq. TSMR’s wholly owned subsidiaries include Hubei Shengrong Environmental Protection Energy-Saving Science and Technology Co. Ltd. and Tianjin Commodity Exchange Co., Ltd.
On October, 25 2017 Luciana Zamith Fischer, partner at Hunter Taubman Fischer & Li, was awarded by IIUSA for outstanding work in obtaining all I-829 approvals and repaying investors as part of BirchLeaf Miami 31, University of Miami Life Science and Technology Park.
HANGZHOU, China, October 19, 2017 – Dragon Victory International Limited, a company that offers reward-based crowdfunding opportunities and quality incubation services to entrepreneurs in China, announced the closing of its initial public offering (the “IPO”) on September 15, 2017, of 1,421,394 ordinary shares at $6.00 per share, raising a total of $8,528,363 in gross proceeds before expenses, underwriting discount and commissions. The Company also announced today that its ordinary shares will commence trading on The NASAQ Capital Market on October 20, 2017, under the ticker symbol “LYL.” Boustead Securities, LLC, acted as the lead underwriter for the IPO, and Network 1 Financial Securities, Inc. acted as the co-underwriter.
On July 25, 2017, the SEC issued a press release https://www.sec.gov/news/press-release/2017-131 announcing the conclusion of an investigative report into whether offerings of digital assets by “virtual” organizations are securities and therefore subject to the federal securities laws. In its investigative report https://www.sec.gov/litigation/investreport/34-81207.pdf the SEC concluded that “Initial Coin Offerings”, “Token Sales” and similar offerings using distributed ledger or block chain technology are securities and are subject to regulation as such.
NEW YORK, June 25, 2017 Bison Capital Acquisition Corp. ("Bison" or the "Company"), a company formed for the purpose of entering into a merger, share exchange, asset acquisition or other similar business combination with one or more businesses or entities, announced the closing of its initial public offering (the “IPO”) of 5,250,000 units at $10.00 per unit, raising gross proceeds of $52,500,000 on June 23, 2017. Each unit issued in the initial public offering consists of one ordinary share, one right to receive one-tenth of an ordinary share on the consummation of an initial business combination, and one warrant to acquire one-half of one ordinary share at $11.50 per full share. The units commenced trading on June 20, 2017 on The NASDAQ Capital Market.