Sichenzia Ross Friedman Ference LLP Advises Drone Aviation Holding Corp. on Acquisition of Assets and $1.35 million PIPE Offering
NEW YORK, June, 4, 2014 (GLOBE NEWSWIRE) — New York- based securities law firm, Sichenzia Ross Friedman Ference LLP announced that it has represented Drone Aviation Holding Corp. formerly known as Macrosolve (OTCQB: DRNE) in the acquisition of certain assets involved in the development of tethered drone based products. Simultaneously, Sichenzia Ross Friedman Ference LLP has represented Drone Aviation Holding Corp. on a $1.35 million private placement consisting of preferred stock and warrants at a purchase price of $.50 per unit. Drone Aviation Holding Corp. is a producer of drone applications. The Sichenzia Ross Friedman Ference LLP team was led by partner Gregory Sichenzia, Harvey Kesner and associate Tara Guarneri-Ferrara.
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