Press Release – New York, NY – September 23, 2021 – Sichenzia Ross Ference LLP today announced that it represented Borqs Technologies, Inc. (Nasdaq: BRQS) in a $27 million private placement. The offering consisted of convertible notes and warrants. One-half of the notes were issued at the execution of definitive agreements and the other one-half of the notes will be issued upon the satisfaction of certain conditions, including effectiveness of a resale registration statement to be filed by the Company.
The Sichenzia Ross Ference LLP team was led by partners Darrin M. Ocasio and Avital Perlman, and associate Jorge Campos.
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