Progressive Care Inc (fka RXMD)

[stockforce]

In 2019 and 2020, the Firm (Ellenoff) was ranked #1 in the U.S. for number of SPACs among all U.S. law firms (representing both issuers and underwriters).
http://www.egsllp.com/wp-content/uploads/2022/01/SPAC-PPT-1.27.22.pdf

Over the course of the last couple of years, EG&S has been involved in nearly 40% of all SPAC IPOs, either as issuer’s or underwriter’s counsel. EGS led the SPAC IPO Legal League Tables for 2021 ranking at #1 for number of deals completed in the U.S. EGS worked on 148 SPACs in 2021 – more than double our deals completed in 2020.
https://www.egsllp.com/resources/spacs

Ellenoff's 2021 Year End SPAC Transactions:
https://www.egsllp.com/wp-content/uploads/2022/04/2021-Year-End-SPAC-Transactions-1-3-01108510xA9C08.pdf

They are the nation's Number 1 SPACs law firm. They are working with Progressive Care on their uplisting and was copied on the first page on Progressive Care's S-1.
https://www.sec.gov/Archives/edgar/data/1402945/000149315222010672/forms-1a.htm

WHAT IS A SPAC?
WHAT ARE THE ADVANTAGES TOTHE INVESTOR?
WHAT ARE ADVANTAGESTO SPONSOR/MANAGEMENT?
WHAT ARE BENEFITS TO SELLER?
1. Fast track IPO
2. Ability to partner with well-known sponsor team
3. Potential for seller to retain majority of upside by being paid in stock
4. Less disruption to seller/company and employees than traditional IPO
http://www.egsllp.com/wp-content/uploads/2022/01/SPAC-PPT-1.27.22.pdf