LKP Global Law, LLP closes $11.1 million public offering and listing of shares on the NYSE AMEX for T3 Motion, Inc.
Century City, CA (May 19, 2011) - LKP Global Law, LLP today announced that it closed a $11.1 million public offering of 3,171,429 units of securities and listing of shares of common stock on the NYSE AMEX for its client, T3 Motion, Inc.
The units for sold for $3.50 per unit. Each unit consisted of one share of common stock, a warrant to purchase one share of common stock at $3.00 per share and a warrant to purchase one share of common stock at $3.50 per share.
Headquartered in Orange County, California, T3 Motion, Inc. is dedicated to raising the bar on environmental standards and law enforcement and security capabilities in personal mobility technology. "Our public offering of units on AMEX in conjunction with a reverse stock split and concurrent debt conversion involved many complexities of corporate and securities law," said Kelly Anderson, T3 Motion's Chief Financial Officer commented. "LKP Global Law's knowledge and experience were critical to our successful offering." LKP Global Law partner, Ryan Hong, acted as lead counsel for T3 Motion in this transaction.