STOCK TITAN

Ortoli Rosenstadt LLP Represents ZK International Group Co., Ltd. In $18 Million Registered Direct Offering

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags

NEW YORK, March 30, 2021 /PRNewswire/ -- Ortoli Rosenstadt LLP, a New York full-service international law firm, today announced that it represented ZK International Group Co., Ltd. (Nasdaq: ZKIN), a manufacturer and supplier of patented high-performance stainless steel and carbon steel pipe products, in a registered direct offering with a group of investors. The $18 million registered direct offering was for the issuance of 4 million shares of ordinary shares pursuant to a "shelf" registration statement (File No. 333-230860) filed with the Securities and Exchange Commission (SEC) on April 15, 2019 and declared effective on April 29, 2019. The transaction closed on or about March 25, 2021 and the gross proceeds were approximately $18 million.

The Ortoli Rosenstadt LLP team included Partner William Rosenstadt, Of Counsel Jason Ye, Associates Grace Bai and Sophie Sang.

About Ortoli Rosenstadt LLP
Founded in 2006, Ortoli Rosenstadt LLP is a New York law firm representing domestic and international clients worldwide with vision and ambition. With its attorneys' abilities to speak nine different languages, the firm is able to provide cutting-edge and solution-oriented legal advice to international clients globally in a broad variety of practice areas, including corporate & securities, merger and acquisitions, real estate, immigration and employment, intellectual property and commercial litigation.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/ortoli-rosenstadt-llp-represents-zk-international-group-co-ltd-in-18-million-registered-direct-offering-301258712.html

SOURCE Ortoli Rosenstadt LLP

ZK International Group Co., Ltd.

NASDAQ:ZKIN

ZKIN Rankings

ZKIN Latest News

ZKIN Stock Data

21.74M
22.13M
28.12%
0.26%
0.17%
Iron and Steel Mills and Ferroalloy Manufacturing
Manufacturing
Link
United States of America
Wenzhou

About ZKIN

leading manufacturer and designer of high-performance stainless steel piping solutions for china water and gas distribution mission: to insure clean water for china's next generation through innovative, high-quality and reliable water piping infrastructure. notable projects: beijing national stadium ("the birdsnest"​) and beijing int'l airport 2016 net income: $5.3m, revenue: $36.8m