Pryor Cashman client LMP Automotive Holdings, Inc. (NASDAQ: LMPX), recently announced closings on its stage 1 acquisitions. Truist acted as the placement agent. According to the press release:
Revenues are expected to increase over 700% this month compared to [the LMP] average month in the third quarter of 2020, as a result of these closings, which are expected to be immediately accretive to income.
LMP was represented by partners David C. Rose, Ali Panjwani, with assistance from Eric J. Wisotsky.
Learn more about the announcement in the below link.
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