New York, NY. August 14, 2024 – The Crone Law Group P.C. (CLG) acted as advisor for TenX Keane Acquisition, a publicly traded special purpose acquisition company (TenX), in its initial business combination. TenX completed its merger with the oncology subsidiary of Citius Pharmaceuticals, Inc. (Citius Pharma) (Nasdaq: CTXR), a late-stage biopharmaceutical company, on August 12, 2024. TenX now operates as Citius Oncology, Inc. and began trading on the Nasdaq stock exchange under the ticker symbol ‘CTOR’, on August 13, 2024. The merger, including assumed stock options, was valued at $775mm.

“This transaction is a testament to our team’s ability to consistently support our clients with sophisticated counsel and personalized service throughout all phases of their business,” said CLG managing partner, Mark Crone.

The CLG team which advised on the transaction was led by M&A Practice Group Leader Tammara Fort and included of counsel Samara Thomas, associate Patrice Malcolm, and partner Eric Mendelson on capital markets matters.

VIRGINIA BEACH, VA, July 10, 2024 (ACCESSWIRE) – Inspire Veterinary Partners, Inc. (Nasdaq: IVP) (“Inspire” or the “Company”), an owner and provider of pet health care services throughout the U.S., today announced the closing of its previously announced public offering of 6,000,000 shares at a public offering price of US$1.00 per share. Gross proceeds from the offering, before deducting the placement agent’s fees and other offering expenses, were approximately $6.0 million. The Crone Law Group P.C. represented Spartan Capital Securities LLC, the sole placement agent in connection with the offering.

Beijing, July 3, 2024 (PRNewswire) – Datasea Inc., (Nasdaq: DTSS) (“Datasea” or the “Company”), a Nevada corporation engaged in innovative businesses in high-tech intelligent acoustics and 5G-Artificial Intelligence (“AI”) multimodal communication technology in the United States and China, today announced the closing of its previously announced registered direct offering with a certain institutional investor, pursuant to which the Company sold 692,308 shares of its common stock (or common stock equivalents in lieu thereof) at an offering price of $3.25 per share of common stock (or common stock equivalents in lieu thereof) in a registered direct offering. The Crone Law Group P.C. represented EF Hutton LLC, the exclusive placement agent in connection with the offering.

Hong Kong, April 18, 2024 (GLOBE NEWSWIRE) – Top Wealth Group Holding Limited (the “Company” or “Top Wealth”), a Hong Kong-based supplier of luxury caviar products, today announced the closing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares at a public offering price of US$4.00 per ordinary share. The ordinary shares began trading on the Nasdaq Capital Market on April 16, 2023, under the ticker symbol “TWG.” The Company received aggregate gross proceeds of US$8 million from the Offering.  The Crone Law Group P.C. represented the Revere Group, the sole underwriter for the Offering.

Meishan, Sichuan, China, Feb. 23, 2024 (GLOBE NEWSWIRE) – Wetouch Technology Inc. (“Wetouch” or the “Company”), (Nasdaq: WETH) successfully closed an underwritten public offering, raising $10.8 million through the sale of 2,160,000 shares at $5.00 per share. The Company plans to utilize the proceeds for various purposes, including the construction of a new factory, research and development, and working capital. The Crone Law Group P.C. acted as counsel to Wetouch.

Virginia Beach, VA, Feb. 13, 2024 (ACCESSWIRE) – Inspire Veterinary Partners, Inc. (NASDAQ:IVP) (“Inspire” or the “Company”), an owner and provider of pet health care services throughout the U.S., today announced it has closed its previously announced public offering of shares of Class A common stock for gross proceeds of approximately $4.0 million, prior to deducting placement agent fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from this offering for strategic acquisitions, the engagement of external, third-party marketing and business consultants, working capital and general corporate purposes. The Crone Law Group P.C. acted as counsel to Inspire.

San Juan, Puerto Rico, Dec. 11, 2023 (GLOBE NEWSWIRE) – Red Cat Holdings, Inc. a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced the closing of its previously announced public offering of 18,400,000 shares of its common stock at a public offering price of $0.50 per share for gross proceeds of $9,200,000.  The Crone Law Group P.C. acted as counsel to the Underwriters in connection with the offering.

Hong Kong, Dec. 5, 2023 (GLOBE NEWSWIRE) – Garden Stage Limited, a Hong Kong-based financial services provider, announced the closing of its initial public offering of 2,875,000 ordinary shares at a public offering price of US$4.00 per ordinary share. The gross proceeds were $11,500,000. The Crone Law Group P.C. acted as counsel to the Underwriters in connection with the offering.

New York, Aug. 31, 2023 – Inspire Veterinary Partners, Inc (Nasdaq: IVP) (“Inspire” or the “Company”) an owner and provider of pet health care services throughout the US, closed its initial public offering of 1,600,000 shares of common stock at a public offering price of $4.00 per share. The gross proceeds of the offering were $6,400,000. CLG acted as counsel to Inspire.

New York, Aug. 10, 2023 – The Crone Law Group P.C.  is approved by OTC Markets Group to act as a sponsor for companies to be quoted in the OTCQX and OTCQB markets. CLG is proud to become an OTCQB and OTCQX sponsor. CLG is now among a select number of law firms worldwide designated as an OTCQB and OTCQX sponsor on OTC Markets in New York. 

New York, Aug. 10, 2023 – Fitell Corporation (Nasdaq: FTEL) an online retailer of gym and fitness equipment in Australia, announces the closing of its initial public offering of 3,000,000 ordinary shares, at a public offering price of $5.00 per ordinary share. The gross proceeds of the offering were $15,000,000. CLG acted as U.S. counsel to the company.

New York, April 16, 2023 – Golden Heaven Group Holdings Ltd. an amusement park operator in China, has announced the closing of its initial public offering of 1,750,000 ordinary shares at a public price of $4.00 per ordinary share. The gross proceeds of the offering are approximately $7,000,000. CLG is acting as counsel to the underwriters in connection with the offering. (Nasdaq: GDHG)

New York, March 30, 2023 – TMT Acquisitions Corp. a newly incorporated blank check company incorporated as a Cayman Islands, exempted company announced the closing of its registered direct offering in the amount of $60,000,000. CLG acted as issuer’s counsel to TMT Acquisitions Corp. (Nasdaq: TMTCU)

New York March 27, 2023 – CBL International Limited a marine fuel logistics company announced the closing of its registered direct offering in the amount of $13,300,000. CLG acted as counsel to Pacific Century Securities, LLC. as the lead book-running manager of this offering.

New York, March 7, 2023 /EINPresswire.com/ – The Crone Law Group P.C. is proud to announce its attendance as an event sponsor at the 35th annual ROTH Conference being held on March 12-14, 2023, at the Ritz-Carlton Niguel in Dana Point, California.

New York, Oct. 14, 2022 – Crone Law Group acted as counsel to TenX Keane Acquisition (Nasdaq: TENKU), a newly incorporated blank check company incorporated as a Cayman Islands exempted company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

New York, Sept. 30, 2022 – Aeropost Holding Corporation | Private Placement of up to $10M (+$10M over-allotment option) | Approximately $5.4M raised through September 30, 2022, | Aegis Capital Corp. acting as Placement Agent

EZRaider Co. (OTC:EZRG) | Private Placement of $880,000

Psudo Inc. | Private Placement of $3M (including $1M over-allotment option) | Aegis Capital Corp. acted as Placement Agent

Makamer Holdings, Inc. (OTC: HWIN) | Reverse Takeover of Makamer, Inc.