Olshan Completes $11.6 Million PIPE Offering for Client GlobalOptions

DailyFinance.com and other media sources reported that Olshan client GlobalOptions Group, Inc. has completed an $11.6 million PIPE offering of common stock and warrants in connection with its merger with Walker Digital, LLC. The merged company will do business as PatentProperties, Inc. and will continue to develop and commercialize the patent and other intellectual property assets created by Walker Digital, the research and development lab founded and led by internationally recognized inventor and entrepreneur Jay Walker. Olshan attorneys Robert Friedman, Meagan Reda and Ryan Nebel counseled GlobalOptions in connection with these transactions.