MSK represented client HyreCar Inc., a peer-to-peer ridesharing platform, in connection with its recently announced Initial Public Offering at a price to the public of $5.00 per share. The shares began trading on the Nasdaq Capital Market on Wednesday, June 27, 2018, under the symbol "HYRE." The offering, which resulted in gross proceeds of $12.6 million, closed on June 29, 2018.
The MSK deal team was led by Vice Chairman Nimish Patel and included Los Angeles and New York corporate and securities attorneys Blake Baron, Bryan Wasser, and Latore Price.