Enthrust Financial Services, Inc. Files Registration Statement for Proposed Public Offering.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Enthrust Financial Services, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : EFSV), announced today that it has filed a registration statement with the Securities and Exchange Commission relating to a proposed public offering of its common stock. Sandler O'Neill & Partners, L.P. will act as lead underwriter Lead underwriter The head of a syndicate of financial firms that are sponsoring an initial public offering of securities or a secondary offering of securities. Could also apply to bond issues. for the offering, and Rodman & Renshaw, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Fox-Pitt Kelton and Paulson Investment Company, Inc. will act as co-underwriters for the offering. The offering will be made only by means of a prospectus. When available, a copy of the preliminary prospectus Preliminary Prospectus A first draft registration statement filed by a firm prior to proceeding with an initial public offering of securities. The document, filed with the Securities & Exchange Commission, is intended to provide pertinent information to prospective shareholders relating to the offering may be obtained from: Sandler O'Neill & Partners, L.P., 919 Third Avenue, 6th Floor, New York, NY 10022. A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About The Company Enthrust Financial Services, Inc. announced on July 11, 2007 that it had consummated a "reverse merger" with Rodman & Renshaw Holding, LLC, a full service investment bank. Enthrust will continue to operate Rodman & Renshaw's current business under the leadership of Rodman & Renshaw's executive management team. Enthrust intends to change its name to Rodman & Renshaw Capital Group, Inc. Rodman & Renshaw is a full service investment bank dedicated to providing investment banking services to companies that have significant recurring capital needs due to their growth and development strategies, along with research and sales and trading services to institutional investor Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. clients that focus on such companies. Through its AcumenBioFin[TM] division, Rodman is a leading investment banking firm to the biotechnology sector, a capital intensive market segment, as well as a leader in the PIPE (private investment in public equity Private Investment in Public Equity (PIPE) Occurs when private investors take a sizable investment in publicly traded corporations. This usually occurs when equity valuations have fallen and the company is looking for new sources of capital. ) and RD (registered direct placements) transaction markets. |
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