NEW YORK, August 7, 2017 /PRNewswire/ --
Ortoli Rosenstadt LLP announced today that it has represented Boustead Securities, LLC, as lead underwriter and Network 1 Financial Securities, Inc., as co-underwriter in a $20.2 million initial public offering of China Internet Nationwide Financial Services Inc. (NASDAQ: CIFS), a provider of financial advisory services to small-to-medium sized enterprises in China. The shares are expected to begin trading on the Nasdaq Global Market on August 8, 2017 under the symbol 'CIFS'.
"We are excited to have played an important role in advising Boustead Securities LLC and Network 1 Financial Services Inc. with regard to the listing of China Internet Nationwide Financial Services Inc. on Nasdaq," said William Rosenstadt, Co-founder of Ortoli Rosenstadt LLP and Co-chair of Firm's Asia Practice along with Jason Ye.
The Ortoli Rosenstadt LLP team was led by partner William Rosenstadt, of counsel Jason Ye and associate Tim Dockery.
About Ortoli Rosenstadt LLP
Founded in 2006, Ortoli Rosenstadt LLP is a New York law firm representing domestic and international clients worldwide with vision and ambition. With its attorneys' abilities to speak nine languages, the firm is able to provide cutting-edge and solution-oriented legal advice to international clients globally in a broad variety of practice areas, including corporate and securities, merger and acquisitions, real estate, immigration and employment, intellectual property, commercial litigation and media and entertainment.
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SOURCE Ortoli Rosenstadt LLP