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Olshan Represents Maxim Group in Underwritten Public Offering

September 24, 2014

Quest Resource Holding Corporation (NASDAQ: QRHC), a Frisco, Texas based provider of comprehensive recycling and resource management solutions, announced the closing of its $18.0 million underwritten public offering. Olshan client Maxim Group LLC, a leading investment banking firm for middle-market and emerging growth public companies, acted as the sole book running manager and lead underwriter of the confidentially marketed public offering of shares of common stock and warrants for Quest Resource, which also provides social media and online data platforms for consumers and businesses concerning proper waste disposal management.  Quest Resource had revenues of $67.5 million and $80.7 million for the year ended December 31, 2013 and the first six months of 2014, respectively. The net proceeds of the offering are being used by Quest Resource to retire debt and for general corporate purposes. The shares of common stock and warrants in the offering were issued pursuant to Quest Resource’s shelf registration statement on Form S-3 and its prospectus supplement filed with the SEC. Maxim Group has a 45-day over-allotment option to purchase $1.4 million of additional shares and warrants. Corporate partner Spencer G. Feldman led the representation, assisted by partner Kenneth A. Schlesinger. Greenberg Traurig LLP served as issuer’s counsel.

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