Securities & Venture Capital

Akabas & Sproule represents both publicly-traded and privately held businesses in its securities and venture capital practice. We help our clients navigate and comply with the laws and regulations that apply to raising capital through the sale of securities. We help our public clients meet the reporting and disclosure requirements of securities laws as well.

Akabas & Sproule also has a practice representing firms in the financial industry. Our clients include firms that are financial advisors, securities and insurance brokers and asset managers.

Akabas & Sproule is an experienced advisor to entrepreneurs who are trying to raise capital. We have extensive experience in venture capital and angel investor transactions, and can structure a deal — whether an equity or debt offering — to suit any entrepreneur’s needs.

If raising capital through sales of securities is not right for your company, business loans are another option. Akabas & Sproule regularly negotiates the terms of and documents business loans of all sizes.

For more information, contact: Seth Akabas, or Michael H. Sproule

Related articles:
Recent Amendment of the Rules under the Investment Advisors Act by Jolie E. Bell and Seth A. Akabas

Securities & Capital Deals

TRANSPORTATION AND LOGISTICS SYSTEMS, INC.
(OTCQB:TLSS)
Private Placement
Registration of Common Stock underlying Series E Convertible Preferred Stock

$5,315,000

April 2021

The undersigned acted as counsel to Transportation and Logistics Systems, Inc.
TRANSPORTATION AND LOGISTICS SYSTEMS, INC.
(OTCQB:TLSS)
Private Placement
Registration of Common Stock underlying Series G Convertible Preferred Stock

$7,100,000

April 2022

The undersigned acted as counsel to Transportation and Logistics Systems.
BLUB0X SECURITY, INC.
BLUB0X TECHNOLOGY HOLDINGS, INC.
$2,500,000

Common Stock Private Placement Offering

October 2015

The undersigned acted as counsel to the Issuer.
SOCIAL ENERGY PARTNERS LLC
ENERGY EFFICIENCY FUNDING HOLDINGS, LLC
Acquisition
Equity Financing

$6,380,000

September 2017

The undersigned acted as counsel to the Issuer.
PYPESTREAM INC.
Series C Preferred Stock Private Placement Offering

$1,000,000

August 2015

The undersigned acted as counsel to the Offeror.
PYPESTREAM INC.
Series D Preferred Stock Private Placement Offering

$2,000,000

January 2016

The undersigned acted as counsel to the Offeror.
PYPESTREAM INC.
Series E Preferred Stock Private Placement Offering

$5,000,000

April 2016

The undersigned acted as counsel to the Offeror.
PYPESTREAM INC.
Series F Preferred Stock Private Placement Offering

$8,000,000

January 2017

The undersigned acted as counsel to the Offeror.
PYPESTREAM INC.
Series G Preferred Stock Private Placement Offering

$10,000,000

August 2017

The undersigned acted as counsel to the Offeror.
August 2017
CMC BERKSHIRES LLC
Private Placement

$5,500,000

February 2013

The undersigned acted as counsel to the Issuer.
SPARK RESULTANTS LLC
Private Placement

$5,000,000

June 2022

The undersigned acted as counsel to Spark Resultants LLC.
SINGLE MEDIA, INC.
Private Placement Offering

$1,900,000

October 2022

The undersigned acted as counsel to the lead investor.
REALCONNEX INC. N/K/A CRESCENDOM
Founders Offering

$1,000,000

December 2021

The undersigned acted as counsel to Crescendom, Inc.
PINNACLE TAXX ADVISORS, INC.
(Pinnacle is a tax preparation and financial planning firm with offices in 8 states)

$6,000,000

Sale of Series B Convertible Preferred Stock to
EDISON FUND V, L.P.
and
OVATION-PTAXX, LLC

December 2004

The undersigned acted as counsel to the issuer, Pinnacle.
14BAR LLC
(14Bar was organized to develop and operate a Lounge/Club on West 14th St. in NYC) Sells Membership Interests in a Private Placement Offering in the amount of

$1,600,000

January 2004

The undersigned acted as counsel to the issuer, 14Bar.
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