Ortoli Rosenstadt LLP Represents Kingswood Capital Markets In $30 Million Registered Direct Offering Of Lizhi, Inc.

New York, NY – April 13, 2021 – Ortoli Rosenstadt LLP, a New York full-service international law firm, today announced that it represented Kingswood Capital Markets, a division of Benchmark Investments, Inc., as exclusive placement agent in a registered direct offering of 3,685,504 of the Company’s American Depositary Shares (the “ADSs”) and warrants to purchase up to 2,764,128 ADSs of LIZHI INC. (Nasdaq: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China. The gross proceeds of the offering were approximately $30 million.

The securities described above were offered pursuant to a shelf registration statement on Form F-3 (File No.: 333-254782) which was filed with the U.S. Securities and Exchange Commission on March 26, 2021 and declared effective on April 2, 2021.

The Ortoli Rosenstadt LLP team included Partners William Rosenstadt and Jason Ye, Counsels Yarona Yieh and Tim Dockery, and Associate Grace Bai. 

About Ortoli Rosenstadt LLP

Founded in 2006, Ortoli Rosenstadt LLP is a New York based law firm representing global clients. With its attorneys' abilities to speak nine different languages, the firm is able to provide cutting-edge, solution-oriented legal advice to its clients in a wide variety of practice areas including corporate & securities, mergers and acquisitions, real estate, global mobility and employment, intellectual property, and litigation.

https://orllp.legal/wp-content/uploads/2024/09/WEBSITE-Ortoli-Rosenstadt-LLP-MAIN-PICTO-NEW-YORK.png

New York

Ortoli | Rosenstadt
LLP

366 Madison Ave, 3rd Flr,
New York, NY 10017

+1 212 588-0022

https://orllp.legal/wp-content/uploads/2024/09/WEBSITE-Ortoli-Rosenstadt-LLP-MAIN-PICTO-MIAMI.png

Miami

Ortoli | Rosenstadt
LLP

1000 Brickell Avenue, Suite 400,
Miami, FL 33131

+1 786 289-0022

https://orllp.legal/wp-content/uploads/2024/09/WEBSITE-Ortoli-Rosenstadt-LLP-MAIN-PICTO-SINGAPORE.png

Singapore

Ortoli | Rosenstadt
LLP

20 Collyer Quay, Suite 14-01,
Singapore 049319

+65 8444 7243

About Ortoli Rosenstadt LLP

Founded in 2006, Ortoli Rosenstadt LLP is a New York based law firm representing global clients. With its attorneys' abilities to speak nine different languages, the firm is able to provide cutting-edge, solution-oriented legal advice to its clients in a wide variety of practice areas including corporate & securities, mergers and acquisitions, real estate, global mobility and employment, intellectual property, and litigation.