Tag Archives: Louis Wharton

SAM Client CDTi Advanced Materials Announces Closing of Rights Offering

Stubbs Alderton & Markiles client, CDTi, a leader in advanced emission control technology, announced the closing of its previously announced rights offering. At the closing, they issued and sold an aggregate of 4,427,563 shares of its common stock at the subscription price of $0.50 per share, pursuant to the exercise of subscriptions and oversubscriptions in the rights offering from its existing stockholders. CDTi received aggregate gross proceeds of approximately $2.2 million from the rights offering before deducting offering expenses.

To read the full press release visit here.

Stubbs Alderton attorney representing CDTi Advanced Materials in this transaction was Louis Wharton.

About CDTi Advanced Materials
CDTi develops advanced materials technology for the emissions control market. CDTi’s proprietary technologies provide high-value sustainable solutions to reduce hazardous emissions, increase energy efficiency and lower the carbon intensity of on- and off-road combustion engine systems. With a continuing focus on innovation-driven commercialization and global expansion, CDTi’s breakthrough Powder-to-Coat (P2C™) technology exploits the Company’s high-performance, advanced low-platinum group metal (PGM) emission reduction catalysts. Key technology platforms include Synergized PGM (SPGM™) and Spinel™. For more information, please visit www.cdti.com.

For more information about our Public Securities practice, contact Louis Wharton at lwharton@stubbsalderton.com

SAM Client Embodied Raises $22 Million in Series A Round

Stubbs Alderton & Markiles client Embodied, a robotics and artificial intelligence company, has raised $22 million in Series A funding to support its AI and robotics platforms for improved care and wellness. The investment is led by Calibrate Ventures and Jazz Venture Partners, and had participation from previous backers including Osage University Partners, Intel Capital, Grishin Robotics, and others.

To read the full article visit here.

Stubbs Alderton attorneys representing Embodied in this deal are Louis Wharton, Scott Alderton and Grace Kim.

About Embodied
Embodied, Inc. is an industry leading robotics and AI company creating state-of-the-art companion robots to revolutionize human-centric care and wellness by enhancing quality of life for individuals and families.

For more information about our Venture Capital and Emerging Growth Practice , contact Louis Wharton at lwharton@stubbsalderton.com

SAM Client Kairos Ventures Leads Series A Funding Round For PolyCera Membranes

Stubbs Alderton & Markiles client Kairos Ventures led a Series A funding round for PolyCera Membranes raising $9 Million. This round of funding will enable PolyCera Membranes, which develops and markets next-generation membrane technology for industrial wastewater treatment and process separation, to make immediate investments to build out its global manufacturing, R&D and sales capabilities. The Series A funding round was led by Kairos Venture s with follow on capital provided by Bluestem Capital and the Wolfen Group – two of PolyCera’s existing investors through Water Planet.

To read the full press release visit here.

Stubbs Alderton attorneys representing Kairos Ventures in this deal are Louis Wharton and Kelly Laffey.

About Kairos Ventures
Kairos Ventures invests early, often during the formative stages of a company, and work closely with the world’s leading scientists to commercialize their technologies. Depending on the stage of development and the capital requirements of each venture, they make investments between $150,000 and $20 Million. While KV are hands-on investors, they also recognize that it is the entrepreneurs’ sweat, hard work and perseverance that will drive the growth of their companies. They strive to ensure that the founding team, who make the early sacrifices in pursuit of their venture, retain the majority of the ownership in their companies. In addition to providing early-stage capital, KV leverages our expertise and extensive network of professionals specializing in all disciplines required to build a successful company, including legal, finance, marketing, operations, business development and HR. They provide these services to early stage companies in their portfolio to allow the entrepreneurs to focus their energy on continuing to innovate and pushing the envelope in their respective fields.

For more information about our Venture Capital and Emerging Growth Practice , contact Louis Wharton at lwharton@stubbsalderton.com or Kelly Laffey at klaffey@stubbsalderton.com.

SAM Client Starship Technologies Raises Additional $25 Million in Funding & Appoints CEO

Stubbs Alderton & Markiles client Starship Technologies, a company developing small self-driving robotic delivery vehicles, announced this week that they have raised an additional $25 million in seed funding and have appointed Lex Bayer as Chief Executive Officer. The round includes follow-on investments from existing investors including Matrix Partners and Morpheus Ventures. Additional investors include Airbnb co-founder Nathan Blecharczyk, Skype founding engineer Jaan Tallinn, and former chairman and CEO of Metro-Goldwyn-Mayer, Gary Barber.

To read the full press release visit here.

Stubbs Alderton attorney representing Starship Technologies is Louis Wharton.

About Starship Technologies
Starship Technologies is building a fleet of robots designed to deliver goods locally in 15-60 minutes. The delivery robots have traveled tens of thousands of miles, met millions of people and have been tested in over 100 cities around the world to date. They drive autonomously but are monitored by humans who can take over control at any time. Launched in July 2014, by two Skype co-founders, Ahti Heinla and Janus Friis, Starship is changing the way packages, groceries and food are delivered.
Visist www.starship.xyz

About Louis Wharton
Louis A. Wharton is a Partner of the Firm and Director of the Preccelerator Program. Louis’ practice focuses on advising startup, emerging growth and middle market companies across a spectrum of industries in securities compliance, corporate finance, mergers and acquisitions and general corporate matters. He counsels clients in the technology, internet/e-commerce, pharmaceutical, apparel and entertainment industries, among others. Louis serves as a member of the Board of Directors of the Los Angeles Venture Association (LAVA), and previously served on the San Fernando Valley Bar Association Board of Trustees and the Executive Committee of ProVisors’ Technology Group.

For more information about our Venture Capital and Emerging Growth Practice , contact Louis Wharton at lwharton@stubbsalderton.com

SAM Client ICPW Liquidation Corporation, f/k/a Ironclad Performance Wear Corporation, Acquired by Brighton Best International

Stubbs Alderton & Markiles client ICPW Liquidation Corporation, f/k/a Ironclad Performance Wear Corporation (OTCBB: ICPW), a maker of high-performance and task-specific PPE gloves, has announced that it has been acquired through an Asset purchase by Brighton Best International, Inc.

To read the full press release visit here.

Stubbs Alderton & Markiles, LLP attorneys representing ICPW Liquidation Corporation in this transaction were Louis Wharton, Scott Alderton, Kelly Laffey and Grace Kim.

About Ironclad

Originally founded in 1998 in El Segundo – California, IRONCLAD is today headquartered in Farmers Branch, Texas and is the industry leader in high quality task-specific PPE gloves. IRONCLAD continues to leverage its leadership position in the safety, construction and industrial markets through the design, development and distribution of specialized task-specific gloves for industries such as oil & gas extraction; automotive; police, fire, first-responder and military and more. Ironclad engineers and manufactures its products with a focus on innovation, design, advanced material science, dexterity and durability. Ironclad’s gloves are available through industrial suppliers, hardware stores, home centers, lumber yards, automotive stores and sporting goods retailers nationwide; and through authorized distributors around the world. Built Tough for the Industrial Athlete™. To learn more and see more, visit: www.ironclad.com

About Stubbs Alderton & Markiles, LLP

Stubbs Alderton & Markiles, LLP is a business law firm with robust corporate, public securities, mergers and acquisitions, entertainment, intellectual property, brand protection and business litigation practice groups focusing on the representation of, among others, venture backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. Stubbs Alderton’s clients represent the full spectrum of Southern California business with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. Our mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of our Firm.

For more information on our Mergers & Acquisitions and Public Securities practices, contact Louis Wharton at lwharton@stubbsalderton.com.

Stubbs Alderton & Markiles and CREATV Media Featured in L.A Biz Article Regarding Preccelerator Expansion

Stubbs Alderton & Markiles and CREATV Media were featured in a L.A. Biz Article outlining the two firms’ strategic alignment to grow the Preccelerator Program and seek out potential investments in promising startup companies in the digital media and technology space.

To view the full article, click here.

For more information about the Preccelerator Program, contact Heidi Hubbeling at hhubbeling@stubbsalderton.com or (310) 746-9803.

Stubbs Alderton & Markiles LLP Expands Preccelerator® and Brings CREATV Media’s Peter Csathy on Board to Oversee Investments

Peter Csathy to join Board of Directors of Preccelerator®, lead its investment strategy, and oversee anticipated investments

Stubbs Alderton & Markiles and CREATV Media Announce Strategic Alliance to Provide Comprehensive Service Offering to Digital Media and Technology Companies

SANTA MONICA, CA – JANUARY 24, 2017 – Stubbs Alderton & Markiles, LLP, a leading Southern California business, technology and digital media law firm, today announced that it will expand its successful early stage accelerator, the Preccelerator®, to accept a larger group of digital media and technology companies, significantly expand benefits to incoming startups, and look to make strategic investments in these companies and others. Peter Csathy, Chairman of CREATV Media, a leading digital media strategic advisory and business development firm, will join the Board of Directors of the Preccelerator to lead its investment strategy and oversee anticipated investments.

“By partnering with Peter, we will grow the firm’s industry leading Preccelerator® into a full-service platform that not only mentors young companies, but also provides smart venture capital and paths to strategic business development and consulting via CREATV Media,” said Scott Alderton, Chairman of the Preccelerator and Managing Partner of Stubbs Alderton & Markiles, LLP. “While the Preccelerator has seen a lot of success, we want to continue to foster the growth of our early stage companies. By adding more companies, formalizing our class structure, expanding benefits and providing initial seed capital, we will give them a greater shot at success. With Peter’s vast experience and industry leadership, he will lead the investment strategy for these companies.”

To date, the Preccelerator Program has graduated five classes with the majority of the twenty-two companies being accepted into larger accelerator programs and incubators or successfully raising their seed funding round. Stubbs Alderton & Markiles launched the first-of-its kind program to provide select start-ups with co-working space, education, networking, mentorship and sophisticated legal services, with the objective of helping grow a founder’s idea from business concept to a funded company. To apply to the Preccelerator, visit www.preccelerator.com/application.

“Stubbs Alderton’s reputation, entrepreneurial approach and shared vision in growing today’s digital media and technology market, what I call “Media 2.0”, is one of the many reasons we made this happen,” said Peter Csathy, Chairman of CREATV Media. “We deeply believe the growing convergence of content and technology is a worldwide addressable market that requires leading business and legal advisors who think “outside the box”, are deeply connected, move at entrepreneurial speed, and provide access to respected thought leaders and ultimately to smart capital. We aim to bring all of this to our collective client base, and to build CREATV Media and the Preccelerator as launchpad platforms for the world’s next digital media and technology stars.”

The partnership will also look to expand the overall service offering to clients – making available CREATV Media’s deep network of relationships and suite of business development and strategic advisory services and Stubbs Alderton’s deeply-rooted and expanding scope of legal services, led by Greg Akselrud, Chairman of the firm’s Internet, Digital Media and Entertainment practice, and Scott Alderton, Chairman of the Firm’s Venture Capital and Emerging Growth practice.

Stubbs Alderton also announced that Greg Akselrud would join the Board of Directors of the Preccelerator, that Louis Wharton, a law firm partner and current Director of the Preccelerator, would be appointed to President of the Preccelerator, and that Heidi Hubbeling, the law firm’s Director of Marketing and current Director of Operations for the Preccelerator, would be appointed to Chief Operating Officer of the Preccelerator.

About Stubbs Alderton & Markiles, LLP

Stubbs Alderton & Markiles, LLP is a Southern California based business law firm with robust corporate, public securities, mergers and acquisitions, entertainment, intellectual property, brand protection and business litigation practice groups focusing on the representation of, among others, venture backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm’s clients represent a broad range of industries with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. The firm’s mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of the firm. For more information, visit https://stubbsalderton.com.

About the Preccelerator® Program

The Preccelerator® is a novel platform offered to select start-up companies out of the Stubbs Alderton & Markiles, LLP Santa Monica office that provides interim office space, sophisticated legal services, education, networking, mentorship and $250,000 in usable perks from Google Cloud for Startups, Amazon Web Services, and HubSpot among others, with the objective of helping grow a founder’s idea from business concept to funded startup. The program also retains more than 50 active strategic mentors providing free office hours and discounted services, and provides over 50+ educational workshops and networking events each year. The expanded program will accept a greater number of companies in more formalized classes, depending upon where the companies are in their evolutionary growth, expand benefits to accepted companies, and will look to make strategic investments backed by strategic angel investors. To apply to the Preccelerator, visit www.preccelerator.com/application.

About CREATV Media

CREATV Media is a leading digital media and technology focused advisory, consulting and business development firm with offices in Los Angeles, San Francisco, San Diego, New York City, Austin and Germany. The firm’s clients span the digital media and tech ecosystems – from the most innovative startups, to the most storied media companies and brands. The firm uses proven, proprietary methodologies – together with exclusive insights, access and market intelligence – to accelerate Media 2.0-related opportunities and transformational growth. The firm also frequently works with buyers and sellers to maximize M&A – positioning them to achieve the best possible outcomes, identifying potential targets and connecting them to key decision-makers, helping to structure and diligence potential transactions, and advising them every step of the way both pre and post transaction. The firm also organizes, programs and leads customized workshops, live events, pilot programs and start-up innovation labs and demo days. The firm’s ethos of fearless innovation is best summed up by its slogan “Media. Unboxed.” For more information, visit www.creatv.media.

____________________

Contact:

Stubbs Alderton & Markiles, LLP
Heidi Hubbeling
(310) 746-9803
hhubbeling@stubbsalderton.com

CREATV Media
Andrea Nunn
(323) 363-9932
andrea@creatv.media

Stubbs Alderton & Markiles, LLP Announces New Class of Preccelerator® Program Companies

Los Angeles, CA, November 7, 2016 (Newswire.com) – Stubbs Alderton & Markiles, LLP is pleased to announce the admission of a new group of companies to join the fifth class of its Preccelerator® Program. The Preccelerator® is a novel platform offered to select start-up companies out of the Stubbs Alderton & Markiles, LLP Santa Monica office that provides interim office space, sophisticated legal services, education, networking, mentorship and access to a strategic perks portfolio worth over $200,000 with the objective of helping grow a founder’s idea from business concept to funded startup.

The new participants include:

Ballerz World is the single largest marketplace that is dedicated to all things basketball. Their worldwide market of 500 million ballerz, and 30 million in the US, can connect and play basketball with one another using our geo-location technology, and their 12,000 pre-loaded courts in every country. They have successfully aggregated the top basketball content on the web allowing our users to share and watch content, in addition to buying discounted basketball gear via the in-app store portal. Ballerz World will feature courts, players, leagues, training, multimedia, and e-commerce all through our digital platform. During its beta phase, the Ballerz World app received more than 10 awards, including the People’s Choice Award at the CES Mobile Apps Showdown, and the Best GPS-Enabled App at the Mobile App Awards. Available in the iOS App Store.

StyleMD is the smartest way to find a fashion stylist that will help you look and feel more confident on any budget. They curate talented stylists from across the country that help you save time and money to achieve your style goals. Whether you’re looking for a simple consultation, an online shopper, or closet assessment StyleMD has got you covered. Available in the iOS App Store.

Virtual Reality represents a creative revolution. Humans have always told stories with words and pictures. Now PlayspaceVR is creating the next generation of graphic storytelling by bringing comic books to Virtual Reality. Their team has domain expertise in VR/AR, media/entertainment, intense work ethic, and a true love for what they do. http://playspacevr.com/

“The Stubbs Alderton & Markiles Preccelerator® Program is committed to continuing to support the Los Angeles technology scene and provide a platform for early stage companies to gain momentum and secure a solid foundation to build their businesses,” says Heidi Hubbeling, Co-Director of the Program.

Led by Stubbs Alderton Partner Louis Wharton and Heidi Hubbeling, the Preccelerator® Program has had great success with its classes, which has resulted in a majority of the companies being accepted into larger accelerator programs and incubators or successfully raising their seed funding round.

About Stubbs Alderton & Markiles, LLP

Stubbs Alderton is a business law firm with robust corporate, public securities, mergers and acquisitions, business litigation and intellectual property practice groups focusing on the representation of venture backed emerging growth companies, middle market public companies, large technology companies, entertainment and digital media companies, investors, venture capital funds, investment bankers and underwriters. The firm’s clients represent the full spectrum of Southern California business with a concentration in the technology, entertainment, videogame, apparel and medical device sectors. Their mission is to provide technically excellent legal services in a consistent, highly-responsive and service-oriented manner with an entrepreneurial and practical business perspective. These principles are the hallmarks of their Firm.

For more information about the Preccelerator® Program and to fill out an application, visit www.preccelerator.com or contact Heidi Hubbeling at (310) 746-9803.

SAM Attorney Louis Wharton Represents Michelle Gaster Wasserman in Employment Deal with Adam Lippes

SAM Client Michelle Gaster Wasserman, who most recently led the North America e-commerce business for Coach, Inc. has been named the new CEO for Adam Lippes. SAM Partner Louis Wharton represented Gaster Wasserman in negotiating the employment deal.

To read the full press release, click here.

SAM Preccelerator® Program Featured in San Fernando Valley Business Journal

Trouble viewing the article? Click SFVBJ – Stubbs Alderton Article.

For more information about the Preccelerator® Program, contact Heidi Hubbeling at hhubbeling@stubbsalderton.com or (310) 746-9803.