We’ve returned with another edition of our legal industry news column for May. Read on for the latest news on attorney promotions, law firm recognition, pro bono work and legal technology and innovation.
In the early days of the COVID-19 pandemic last spring, the Law School’s Office of Career Services corresponded with hundreds of employers in every segment of the legal job market, drummed up nearly 100 new job postings for students whose summer work plans had been cancelled or curtailed, communicated regularly with anxious job seekers, and created systems for tracking how law firms, government agencies, courts, and nonprofit employers were responding to the crisis.
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CHENGDU, China, May 13, 2021 /PRNewswire/
Senmiao Technology Limited ( Senmiao or the Company ) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that it has closed a registered direct offering with certain institutional investors (the Investors ) of 5,531,916 of its shares of common stock at a price of $1.175 per share (at-the-market under the Nasdaq rules) for aggregate gross proceeds of approximately $6.5 million. In addition, the Company issued warrants to the Investors to purchase a total of 5,531,916 shares of common stock at a purchase price of $1.05 per share. The warrants have a term of five years and are exercisable at any time on or after the issue date.
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XIAMEN, China, May 10, 2021 /PRNewswire/ Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality interactive entertainment games, toys and educational materials in China, today announced that it has closed a registered direct offering with two institutional investors, for the purchase and sale of 6,290,000 of its ordinary shares at a price of $0.90 per share, resulting in total gross proceeds of approximately $5.66 million, before deducting the placement agent s fees and other estimated offering expenses. The Company also issued to the investors unregistered warrants to purchase up to 4,088,500 ordinary shares in a concurrent private placement. The warrants have an exercise price of $1.12 per share, will be exercisable immediately and will expire three years following the date of issuance. The Company has 53,417,200 ordinary shares outstanding after the closing.
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