Heller Ehrman

Heller Ehrman recently represented the placement agent, Roth Capital Partners, in two recent Private Investment in Public Equity [PIPE] transactions for issuers with Chinese operations and assets. This is the second set of successful transactions in which the firm has assisted Roth within this year. In the first transaction, China Agritech, a leading liquid fertilizer manufacturer in China, raised approximately US$15 million by selling 29% of its new shares. China Agritech intends to use the majority of the proceeds to add organic granular fertilizer to its product lines and construct a granular fertilizer line in each of its new factories, located in Hebei, Anhui, Chongqing and Xinjiang. In the second transaction, Ritar International Group completed its reverse takeover of Concept Ventures Corporation and simultaneously completed a PIPE transaction to raise US$12.3 million.