PlacementTracker has once again recognized Pryor Cashman as one of the top 10 most active law firms in the U.S. Private Investments in Public Equity (“PIPE”) market. The firm received a nationwide ranking for handling numerous PIPE transactions on behalf of clients in the first quarter of 2017. 

In one such PIPE transaction, Pryor Cashman represented China Jo-Jo Drugstores, Inc. (Nasdaq: “CJJD”), a leading retailer and wholesale distributor of pharmaceutical and healthcare products in China, in connection with its private placement of 4,840,000 shares of common stock for aggregate gross proceeds of $10,648,000 with an institutional investor.

More About Pryor Cashman’s Corporate Group 

To fund growth and fuel operations, Pryor Cashman’s industry-leading corporate attorneys advise investment funds, private equity companies and investment banks on public debt and equity financings from IPOs to secondary offerings and shelf registrations. We negotiate capital financings, private placements and bridge financings, PIPE and exchange offers for clients across the spectrum of industries.

Additionally, with extensive experience counseling emerging and middle-market companies, our Corporate Group is well positioned to offer guidance to investors and lenders who are evaluating business plans and investigating new companies, markets and ventures. 

To learn more about our work and recent representations, please visit our Securities + Corporate Finance practice page.