Olshan Represents AMERI Holdings in Reverse Public Offering
AMERI Holdings, Inc. completed a reverse public offering on May 26, 2015, involving a reverse merger into Spatializer Audio Technologies, Inc. (OTC: SPZR), a public company controlled by client Lone Star Value Investors, LP, and a concurrent $5.0 million convertible note and warrant investment by Lone Star Value Investors. The Firm represented the public company and client Lone Star Value Investors in the transaction. AMERI Holdings is a next generation technology-management solutions firm. It offers products and services to assist global 2000 companies by architecting and delivering the best technology solutions enabling customers to transform their business processes. AMERI Holdings has recently built a new method of measuring the effectiveness of technology deployments across large and medium size companies. Through acquisitions, it has developed deep consulting expertise in business process management and enterprise resource planning, particularly surrounding SAP software and technology. AMERI Holdings’ shares now trade on the OTCQB marketplace.
Working on the transaction were partners Spencer G. Feldman, Adam W. Finerman and Kenneth A. Schlesinger and associate Claudia B. Dubón. The transaction was brought to the Firm by Steve Wolosky.