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Pryor Cashman Represents Rodman & Renshaw, LLC in Underwritten Public Offering of Common Stock
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Pryor Cashman represented Rodman & Renshaw, LLC, as sole book running manager, in an underwritten public offering of 5,181,285 shares of the common stock of SkyPeople Fruit Juice, Inc. (NASDAQ: SPU) at a price of $5.00 per share for aggregate gross proceeds of approximately $25.9 million. The offering closed on August 30, 2010.
SkyPeople Fruit Juice, Inc. is a manufacturer of kiwifruit, apple, pear and other concentrated specialty fruit juices and manufacturer of Hedetang branded fruit beverages.
The Pryor Cashman team advising Rodman & Renshaw, LLC on the transaction included Michael T. Campoli, Jill C. Braibanti and Ying Cao.
To read the press release announcing the transaction, please click here.
