Latest news with #JohnLowry
Yahoo
27-03-2025
- Business
- Yahoo
Spartan Capital Securities, LLC Serves as Sole Book-Runner in LogProstyle, Inc.'s $10 Million Initial Public Offering
New York, NY, March 27, 2025 (GLOBE NEWSWIRE) -- Spartan Capital Securities, LLC, a premier investment banking firm, is pleased to announce the successful pricing of the $10 million Initial Public Offering for LogProstyle, Inc. (NYSE American: LGPS). Spartan Capital Securities acted as Sole Book-Runner for the offering of 2,000,000 Japanese common shares at a price of $5.00 per share. The shares began trading on the NYSE American on March 25, 2025, under the ticker symbol 'LGPS.' LogProstyle has also granted underwriters a 45-day option to purchase up to an additional 300,000 shares to cover over-allotments, if any. LogProstyle Inc., headquartered in Japan, operates across real estate development, hotel management, and restaurant operations. The company intends to use the net proceeds from the offering to expand its ProstyleRyokan hotel brand in Japan, the U.S., and the UAE, as well as to scale its real estate renovation and resale business across Asia and the United States. "Once again, the Spartan team has showcased exceptional performance as the Sole Book-Runner," said John Lowry, CEO of Spartan Capital Securities. "It has been an honor to partner with LogProstyle and play a pivotal role in bringing them to the public market. This transaction demonstrates our commitment to introducing international issuers to the U.S. capital markets and supporting their global expansion strategies.' Hunter Taubman Fischer & Li LLC served as U.S. securities counsel to LogProstyle, Inc., while Anthony, Linder & Cacomanolis, PLLC served as U.S. securities counsel to Spartan Capital Securities, LLC. A registration statement on Form F-1 (File No. 333-283286) was declared effective by the U.S. Securities and Exchange Commission on March 24, 2025. The offering is being made only by means of a prospectus, available from the SEC at and from Spartan Capital Securities, LLC, Attn: Prospectus Department, 45 Broadway, 19th Floor, New York, NY 10006, or by email at: investmentbanking@ About Spartan Capital Securities, LLC Spartan Capital Securities, LLC is a premier full-service investment banking firm offering a comprehensive range of advisory services to institutional clients and high-net-worth individuals. Known for its expertise in capital raising, strategic advisory, and asset management, Spartan Capital delivers tailored solutions to meet clients' financial goals. For more information, visit Contact: Spartan Capital Securities, LLC 45 Broadway, 19th Floor New York, NY 10006 investmentbanking@ in to access your portfolio
Yahoo
04-03-2025
- Business
- Yahoo
Spartan Capital Securities, LLC Serves as Sole Placement Agent in Lipella Pharmaceuticals Inc.'s $3,788,000 Private Placement
New York, NY, March 04, 2025 (GLOBE NEWSWIRE) -- Spartan Capital Securities, LLC, a premier investment banking firm, is pleased to announce the successful completion of a $3,788,000 private placement for Lipella Pharmaceuticals Inc. (Nasdaq: LIPO). Spartan Capital Securities, LLC acted as the sole placement agent in this private offering. The proceeds from this offering will further Lipella's mission to develop innovative therapies addressing significant unmet medical needs, while also funding general corporate purposes. Jonathan Kaufman, PhD, CEO of Lipella Pharmaceuticals, remains committed to leading the company's groundbreaking clinical pipeline and advancing transformative treatments. 'We are honored to serve as the sole placement agent in this private placement for Lipella Pharmaceuticals,' said John Lowry, CEO of Spartan Capital Securities. 'Lipella's dedication to medical innovation and improving patient outcomes is commendable. This successful transaction underscores both the strength of Lipella's vision and Spartan Capital's commitment to facilitating impactful investment opportunities. We look forward to supporting Lipella's continued success.' Sichenzia Ross Ference Carmel LLP served as placement agent counsel, while Sullivan & Worcester LLP acted as counsel to Lipella Pharmaceuticals Inc. Further details on the transaction will be available in the Company's Form 8-K, to be filed with the U.S. Securities and Exchange Commission and accessible at The common shares and the common shares issuable upon the conversion of related warrants have not been registered under the Securities Act of 1933, as amended, or any state securities laws. Until registered, these securities may not be offered or sold in the United States or any state absent registration or an applicable exemption from registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction where such offer, solicitation, or sale would be unlawful prior to registration or qualification under applicable securities laws. About Spartan Capital Securities, LLC Spartan Capital Securities, LLC is a premier full-service investment banking firm offering a comprehensive range of advisory services to institutional clients and high-net-worth individuals. Known for its expertise in capital raising, strategic advisory, and asset management, Spartan Capital delivers tailored solutions to meet clients' financial goals. For more information about Spartan Capital Securities, visit Contact: Spartan Capital Securities, LLC 45 Broadway, 19th Floor New York, NY 10006 investmentbanking@
