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June 3, 2021
Nelson Mullins Represents Placement Agent in $16.5 Million Private Placement for Cryptocurrency Company
The deal team of Jon Talcott, Peter Strand, Mike Bradshaw, and Kaylen Loflin represented B. Riley Securities, Inc. as a placement agent in the $16.5 million private placement of Series C Convertible Redeemable Preferred Stock of Applied Blockchain, Inc., an Ethereum-focused cryptocurrency mining company that is seeking to quickly scale a large Ethereum/altcoin mining operation through strategic partnerships.
Established in 1897, Nelson Mullins is an Am Law 100 firm of more than 800 attorneys and government relations professionals with offices in 11 states and Washington, D.C. For more information on the firm, go to www.nelsonmullins.com.
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Caroline Balchunas
T 843.534.4121
caroline.balchunas@nelsonmullins.com
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