August 16, 2017 9:47 AM ET

Capital Markets

Company Overview of Taglich Brothers, Inc.

Company Overview

Taglich Brothers, Inc. is a brokerage firm that focuses on public companies with under $250 million in market capitalization. The firm offers institutional brokerage services, investment banking, and research services to the investment community. Additionally, it offers asset management services to individual and institutional investors. The firm’s investment banking services include private placements of equity and debt, mergers and acquisitions, restructuring, and recapitalizations financial advisory services. Its research services include screening and searching for new companies and generating reports. Taglich Brothers, Inc. was founded in 1991 and is based in New York, New York.

275 Madison avenue

Suite 1618

51st Floor

New York, NY 10016

United States

Founded in 1991

Phone:

212-661-6886

Fax:

212-661-6824

Key Executives for Taglich Brothers, Inc.

Co-Founder, President, and Chairman
Age: 52
Managing Director
Age: 55
Managing Director
Executive Vice President
Vice President of Corporate Development
Compensation as of Fiscal Year 2017.

Taglich Brothers, Inc. Key Developments

Air Industries Group Enters into a Placement Agency Agreement with Taglich Brothers, Inc

On March 8, 2017 Air Industries Group has entered into a Placement Agency Agreement with Taglich Brothers, Inc., as placement agent (the Placement Agent), pursuant to which the Placement Agent agreed to offer on behalf of the company, on a best efforts basis, up to $1,250,000 of the company's 8% Subordinated Convertible Notes due January 31, 2019 (the 8% Notes) to accredited investors (the Offering), together with five-year warrants to purchase 7,692 shares of Common Stock for each $100,000 principal amount of 8% Notes purchased (the "Warrants"), in a private placement exempt from the registration requirements of the Securities Act of 1933, as amended (the Securities Act). Under the terms of the Placement Agency Agreement, the Placement Agent is entitled to a placement agent fee equal to 8% of the gross proceeds of the offering, payable at the company's option, in cash or additional convertible notes and warrants having the same terms and conditions as the 8% Notes and Warrants, and five year warrants to purchase 10% of the number of shares of the company's Common Stock (the Placement Agent Warrant) issuable upon immediate conversion of the 8% Notes. The warrants are exercisable at a per share price equal to the closing price of the company's common stock as of the closing immediately prior to the issuance of each Note.

Air Industries Group Enters into Placement Agency Agreement with Taglich Brothers, Inc. as Placement Agent

On February 7, 2017 Air Industries Group entered into a Placement Agency Agreement with Taglich Brothers, Inc., as placement agent, pursuant to which the Placement Agent agreed to offer on behalf of the company, on a best efforts basis, up to $1,200,000 of the company's 8% Subordinated Convertible Notes due January 31, 2019 (the 8% Notes) to accredited investors (the 'Offering'), together with five-year warrants to purchase 7,692 shares of Common Stock for each $100,000 principal amount of 8% Notes purchased, in a private placement exempt from the registration requirements of the Securities Act of 1933, as amended. Under the terms of the Placement Agency Agreement, the Placement Agent is entitled to a placement agent fee equal to 8% of the gross proceeds of the Offering and five year warrants to purchase 10% of the number of shares of the company's Common Stock (the Placement Agent Warrant") issuable upon immediate conversion of the 8% Notes. The warrants are exercisable at a per share price equal to the closing price of the company's common stock as of the closing immediately prior to the issuance of each Note.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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