GHB Pulls an “All-Nighter” to Close a Public Offering

We assisted one of our public company clients in arranging a $9.2 million secondary offering with one of their subsidiaries, which included the issuance of a “Comfort Letter” to the Company’s underwriters. Because of the many last minute changes that occur in deals of this nature, and edits to the prospectus from the Company’s SEC counsel, underwriters and attorneys, the deadline for the offering to close could only occur the day the Company was to be listed on the American Stock Exchange.

Together with the Company’s attorney and counsel, our SEC partner and manager worked continuously from 1pm in the previous afternoon till 6am the next morning, with small sleep breaks. This marathon effort resulted in the offering being completed on time for listing that day.

Our GHB team does what it takes, and pulls out all the stops when necessary, even if it means pulling an “all-nighter.” That’s client service!