Main Menu Jump to Content Search
News & Resources

Olshan Represents Ameri Holdings, Inc. in Successful Financing

July 30, 2018

The Deal (subscription required) reported that Olshan client Ameri Holdings Inc., a tech company that provides cloud, enterprise and SAP services, closed on a $6 million equity financing that will provide funds for the repayment of certain indebtedness and past acquisition obligations and for general corporate purposes.  The private-investment-in-public-equity issuance calls for the sale of 5 million common shares at $1.20 each, a discount to the $1.50 closing price on July 24, the day before the deal was announced. The transaction also included warrants to purchase 4 million common shares at $1.60 per share, subject to adjustment. Corporate partner Kenneth Schlesinger represented Ameri Holdings in this transaction.

Practice Areas

Back to Page