Blue Water Acquisition Corporation Announces Closing of $57.5 Million Initial Public Offering, Including Full Exercise of the Underwriter’s Over-Allotment Option

PR Newswire

GREENWICH, Conn., Dec. 17, 2020 /PRNewswire/ — Blue Water Acquisition Corporation (NASDAQ: BLUWU) (the “Company”), a special purpose acquisition company, announced today that it closed its initial public offering of 5,750,000 units, which includes 750,000 units issued pursuant to the full exercise by the underwriter of their over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $57,500,000. Each unit consisted of one share of the Company’s Class A common stock and one redeemable warrant to purchase one share of Class A common stock at an initial exercise price of $11.50 per share.

The units are listed on The Nasdaq Capital Market (“Nasdaq”) and began trading under the ticker symbol “BLUWU” on December 15, 2020. Once the securities comprising the units begin separate trading, the common stock and warrants are expected to be listed on Nasdaq under the symbols “BLUW” and “BLUWW,” respectively. Blue Water Acquisition Corporation was founded by Joseph Hernandez, a life sciences entrepreneur.

Maxim Group LLC acted as sole book running manager in the offering.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on December 15, 2020. The offering was made only by means of a prospectus, copies of which may be obtained by contacting Maxim Group LLC, 405 Lexington Ave Second Floor, New York, NY 10174 at 212-895-3745. Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.

This press release shall not constitute an offer to sell or a 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.

Cautionary Note Concerning Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s separation of units and listing of common stock and warrants. No assurance can be given that such separate trading and listing will occur on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:

Russo Partners

David Schull

(858) 717-2310
[email protected]

Ignacio Guerrero-Ros, Ph.D.
(646) 942-5604
[email protected]

Cision View original content:http://www.prnewswire.com/news-releases/blue-water-acquisition-corporation-announces-closing-of-57-5-million-initial-public-offering-including-full-exercise-of-the-underwriters-over-allotment-option-301195542.html

SOURCE Blue Water Acquisition Corporation

Fundamental Income Adds Broadstone Net Lease (NYSE: BNL) to its Proprietary Net Lease Real Estate Index (NETLXT), calculated by Nasdaq, as Public Net Lease Sector Expands Amidst Market’s Hunt for Yield & Liquidity

Fundamental Income Adds Broadstone Net Lease (NYSE: BNL) to its Proprietary Net Lease Real Estate Index (NETLXT), calculated by Nasdaq, as Public Net Lease Sector Expands Amidst Market’s Hunt for Yield & Liquidity

PHOENIX–(BUSINESS WIRE)–Fundamental Income, index provider and sponsor of NETL – The Net Lease Corporate Real Estate ETF (NYSE arca: NETL),announces that New York-based real estate investment trust Broadstone Net Lease (NYSE: BNL) is being added to its proprietary index, calculated by Nasdaq, The Fundamental Income Net Lease Real Estate Index (NETLXT).

The Fundamental Income Net Lease Index, calculated by NASDAQ, defines and tracks the publicly traded Net Lease real estate sector, which has grown from 11 public REITs in 2008, to over 25 today, representing over $120 billion in cumulative market cap, traded on the NYSE and NASDAQ. Fundamental Income is the Index Provider to the NETLease Corporate Real Estate ETF, (NYSEArca: NETL), launched by Exchange Traded Concepts.

“Net lease continues to be one of the fastest growing segments of the real estate market,” said Fundamental Income’s CIO, Alexi Panagiotakopoulos. “As businesses across the country recover from Covid-19, many are choosing to unlock static capital by selling and leasing their real estate back rather than owning, contributing to the growth of the net lease index, and increasing demand for the strategy as investors hunt for risk-adjusted yield.”

This news comes in the wake of Broadstone’s recent IPO, a move that shows the continued growth in the net-lease sector as businesses across America turn to sale leaseback options to increase liquidity and expand operations more efficiently than if they owned and financed their real estate themselves.

Net Lease REITs are equity REITs that own properties leased to single tenants under long-term, net lease agreements which specify that, in addition to rent, the tenant is responsible for most, if not all, property expenses.

Amongst other qualifications, a security must meet the following minimum criteria to be considered for the index by the index selection committee:

  • Classified as a Net Lease Real Estate security as specified by Fundamental Income;
  • Listed on The Nasdaq Stock Market, the New York Stock Exchange, NYSE American or the CBOE Exchange; and
  • Minimum worldwide market capitalization of $200 million.

“While many real estate funds may contain Net Lease REITs as a smaller part of their holdings, the net lease index is a pure-play strategy,” said Panagiotakopoulos, “owning solely Net Lease REITs, allowing investors to target long-term contractual cash flows that track a consistent and common business model.”

About Fundamental Income

Led by seven investment partners with over 50 years and $15 billion of cumulative transaction history, Fundamental Income is a net lease platform, focused on investing in single-tenant commercial properties, net leased to middle-market businesses operating in a wide variety of industries that directly or indirectly serve the US consumer. Fundamental Income provides real estate capital solutions and sale-leasebacks to businesses and business owners with established and growing operations across the United States. In addition to founding the Net Lease Real Estate Index, the Company also raised $500 million of equity from a fund managed by Brookfield Asset Management (NYSE: BAM) to build a private, net lease platform.

For more information, please visit www.fundamentalincome.com

About the Fundamental Income Net Lease Real Estate Index (NETLXT)

NETLXT is a rules-based, passive index that, for the first time, defines and tracks the performance of the rapidly expanding Net Lease real estate sector in a diversified manner. The Index uniquely defines a sector not by the underling property types, e.g., industrial, retail, office, etc., but rather by the controlling legal document known as a “net lease,” which can be used with any property type. The Index includes only equity REITs which derive the majority of their revenue from net leases, i.e., “Net Lease REITS.” The Index also places important limitations on concentration in any one constituent or tenant which aims to create a diversified portfolio spanning multiple companies, investment teams, tenant industries, property types, geographic locations, and, most importantly, tenants.

Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus, which may be obtained by visiting www.netleaseetf.com. Read the prospectus carefully before investing.

Investing involves risk; Principal loss is possible.

Quasar Distributors, LLC, distributor.

Fundamental Income Media Contact:

Lyceus Group

Tucker Slosburg

[email protected]

206.652.3206

KEYWORDS: Arizona United States North America

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property REIT

MEDIA:

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SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of ELY, LOAC, ROCH, and NGA Mergers

WILMINGTON, Del., Dec. 17, 2020 (GLOBE NEWSWIRE) —

Rigrodsky & Long, P.A. announces that it is investigating:

Callaway Golf Company (NYSE:

ELY

) regarding possible breaches of fiduciary duties and other violations of law related to Callaway’s agreement to merge with Topgolf International, Inc. Under the terms of the agreement Callaway will issue a number of shares of Callaway common stock to shareholders of Topgolf. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-callaway-golf-company.

Longevity Acquisition Corporation (NASDAQ GS:

LOAC

) regarding possible breaches of fiduciary duties and other violations of law related to Longevity’s agreement to merge with 4D Pharma PLC. Under the terms of the agreement, Longevity’s shareholders will receive 7.5315 ordinary shares of 4D Pharma per share. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-longevity-acquisition-corporation.

Roth CH Acquisition I Co. (NASDAQ GS:

ROCH

) regarding possible breaches of fiduciary duties and other violations of law related to Roth’s agreement to merge with PureCycle Technologies LLC. Under the terms of the agreement, upon completion of the merger, PureCycle’s shareholders will own approximately 70.6% of the combined company and shareholders of Roth will own approximately 8.3% of the combined company. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-roth-ch-acquisition-i-co.

Northern Genesis Acquisition Corp. (NYSE:

NGA

) regarding possible breaches of fiduciary duties and other violations of law related to Northern Genesis’ agreement to merge with The Lion Electric Company. Under the terms of the agreement, upon completion of the merger, Lion Electric’s shareholders will own approximately 70% of the combined company. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-northern-genesis-acquisition-corp.

You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected].

Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Attorney advertising.  Prior results do not guarantee a similar outcome.

CONTACT:         

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242 (Toll Free)
(302) 295-5310
Fax: (302) 654-7530
[email protected]
https://rl-legal.com



Covid-19: MedinCell Presents Positive First Results From the Clinical Trial Aiming at Validating the Safety of Continuous Administration of Ivermectin

Covid-19: MedinCell Presents Positive First Results From the Clinical Trial Aiming at Validating the Safety of Continuous Administration of Ivermectin

MONTPELLIER, France–(BUSINESS WIRE)–
MedinCell (Paris:MEDCL):

Study’s first results presented at the international “Collaborative Workshop – Ivermectin against Covid-19” held on December 15, 16 and 17 at the initiative of MedinCell.

No side effects observed with the first two doses in the study, which includes a total of three doses.

A first long-acting injectable formulation is ready to enter regulatory development.

Access the complete press release.

About MedinCell

MedinCell is a clinical stage pharmaceutical company that develops a portfolio of long-acting injectable products in various therapeutic areas by combining its proprietary BEPO® technology with active ingredients already known and marketed. Through the controlled and extended release of the active pharmaceutical ingredient, MedinCell makes medical treatments more efficient, particularly thanks to improved compliance, i.e. compliance with medical prescriptions, and to a significant reduction in the quantity of medication required as part of a one-off or chronic treatment. The BEPO® technology makes it possible to control and guarantee the regular delivery of a drug at the optimal therapeutic dose for several days, weeks or months starting from the subcutaneous or local injection of a simple deposit of a few millimeters, fully bioresorbable. Based in Montpellier, MedinCell currently employs more than 130 people representing over 25 different nationalities.

MedinCell

David Heuzé

Communication leader

[email protected]

+33 (0)6 83 25 21 86

NewCap

Mathilde Bohin / Louis-Victor Delouvrier

Investor relations

[email protected]

+33 (0)1 44 71 98 53

NewCap

Nicolas Merigeau

Media relations

[email protected]

+33 (0)1 44 71 94 98

KEYWORDS: France Europe

INDUSTRY KEYWORDS: Health Infectious Diseases Clinical Trials Research Science Pharmaceutical Biotechnology

MEDIA:

Omega Announces Reinstatement of Dividend Reinvestment and Optional Cash Purchase Plan

Omega Announces Reinstatement of Dividend Reinvestment and Optional Cash Purchase Plan

HUNT VALLEY, Md.–(BUSINESS WIRE)–
Omega Healthcare Investors, Inc. (NYSE:OHI) today announced the reinstatement of the Company’s Dividend Reinvestment and Optional Cash Purchase Plan (the “Plan”), effective immediately. The Company previously announced the temporary suspension of dividend reinvestment and optional cash purchases under the Plan on March 23, 2020.

Please note that the per share purchase discount for dividend reinvestments will remain at 1% and shares under the optional cash component of the Plan will continue to be sold without discount. All participants at the date of the Plan’s announced suspension on March 23, 2020 will be receiving a letter from the Company discussing enrollment status and procedures within the next few days. All questions and requests in connection with the Plan should be directed to the Plan’s administrator, Computershare, at (800) 368-5948.

Omega is a real estate investment trust that invests in the long-term healthcare industry, primarily in skilled nursing and assisted living facilities. Its portfolio of assets is operated by a diverse group of healthcare companies, predominantly in a triple-net lease structure. The assets span all regions within the US, as well as in the UK. More information on Omega is available at www.omegahealthcare.com.

Matthew Gourmand, IR at (410) 427-1705

KEYWORDS: Maryland United States North America

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property Managed Care Health Hospitals REIT Other Construction & Property Other Health

MEDIA:

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Rimini Street Announces Investor Day on February 1, 2021

Rimini Street Announces Investor Day on February 1, 2021

LAS VEGAS–(BUSINESS WIRE)–Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced it will host an Investor Day on Monday, February 1, 2021, via live webcast. In this two-and-a-half-hour event, Seth A. Ravin, Rimini Street co-founder, CEO and chairman of the board and members of Rimini Street’s senior leadership team will present the company’s vision, products, market, business model, execution strategy and financial plan. The executives will also be available to answer questions in a Q&A session. A detailed agenda with speakers, topics and times and registration information will be provided on January 5, 2021, through a press release and posted on Rimini Street’s IR website: https://investors.riministreet.com.

What: Rimini Street Investor Day

When: Monday, February 1, 2021 from 11:00 AM to 1:30 PM Eastern Time

Where: Virtual web meeting

About Rimini Street, Inc.

Rimini Street, Inc. (Nasdaq: RMNI) is a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner. The Company offers premium, ultra-responsive and integrated application management and support services that enable enterprise software licensees to save significant costs, free up resources for innovation and achieve better business outcomes. To date, more than 3,700 Fortune 500, Fortune Global 100, midmarket, public sector and other organizations from a broad range of industries have relied on Rimini Street as their trusted application enterprise software products and services provider. To learn more, please visit http://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn. (IR-RMNI)

© 2020 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.

Investor Relations:

Dean Pohl

Rimini Street, Inc.

+1 925 523-7636

[email protected]

Media Relations:

Michelle McGlocklin

Rimini Street, Inc.

+1 925 523-8414

[email protected]

KEYWORDS: Nevada United States North America

INDUSTRY KEYWORDS: Networks Internet Data Management Technology Software

MEDIA:

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The Law Offices of Frank R. Cruz Announces Investigation of Covia Holdings Corporation f/k/a Fairmount Santrol Holdings Inc. (CVIAQ) on Behalf of Investors

The Law Offices of Frank R. Cruz Announces Investigation of Covia Holdings Corporation f/k/a Fairmount Santrol Holdings Inc. (CVIAQ) on Behalf of Investors

Shareholders with losses exceeding $400,000 are encouraged to contact the firm

LOS ANGELES–(BUSINESS WIRE)–The Law Offices of Frank R. Cruz announces an investigation of Covia Holdings Corporation (“Covia” or the “Company”) f/k/a Fairmount Santrol Holdings Inc. (“Fairmount Santrol”) (OTC: CVIAQ) (NYSE: CVIA, FMSA) on behalf of investors concerning the Company’s possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

Covia provides minerals and materials solutions for the industrial and energy markets, including producing proprietary sand for use in fracking.

On March 22, 2019, after the market closed, the Company disclosed that it had received a subpoena from the SEC seeking information relating to certain value-added proppants marketed and sold by Fairmount Santrol of Covia within the Energy segment since January 1, 2014.

On this news, the Company’s share price fell $0.45, or 7%, to close at $6.05 per share on March 25, 2019, thereby injuring investors.

Then, on November 6, 2019, during market hours, Covia disclosed that, “the SEC ha[d] requested additional information and subpoenaed certain current and former employees to testify.”

On this news, the Company’s share price fell $0.07, or 4.3%, to close at $1.56 per share on November 6, 2019, thereby injuring investors further.

Then, on June 29, 2020, after the market closed, the Company announced that it had filed for petitions under Chapter 11 of the U.S. Bankruptcy Code.

On June 30, 2020, the NYSE delisted the Company, stating in relevant part that “the Company is no longer suitable for listing . . . after the Company’s June 29, 2020 disclosure that the Company filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code.”

On this news, the Company’s share price fell $0.18, or more than 37%, between the closing price on NYSE and resuming trading OTC on July 1, 2020 at $0.30 per share.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased Covia securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

The Law Offices of Frank R. Cruz, Los Angeles

Frank R. Cruz, 310-914-5007

[email protected]

www.frankcruzlaw.com

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

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NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend

WHITE PLAINS, N.Y., Dec. 17, 2020 (GLOBE NEWSWIRE) — NorthEast Community Bancorp, Inc. (OTCPX: NECB) (the “Company”) today announced that its Board of Directors declared a quarterly cash dividend of $0.03 per common share. The dividend will be paid on or about February 4, 2021 to stockholders of record as of the close of business on January 4, 2021.

NorthEast Community Bancorp, MHC (the “MHC”), the Company’s majority stockholder, having previously received the requisite regulatory non-objection, has determined to waive receipt of the quarterly dividend.

NorthEast Community Bancorp, Inc. is the holding company for NorthEast Community Bank. NorthEast Community Bank is a New York State chartered savings bank that operates six full-service branches in New York and three full-service branches Massachusetts and loan production offices in White Plains and New City, New York.

Contact:
Kenneth A. Martinek
Chairman and CEO
Telephone: (914) 684-2500



SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of MTSC, CPAH, ANH, and CKH Buyouts

WILMINGTON, Del., Dec. 17, 2020 (GLOBE NEWSWIRE) — Rigrodsky & Long, P.A. announces that it is investigating:

MTS Systems Corporation (NASDAQ GS:

MTSC

) regarding possible breaches of fiduciary duties and other violations of law related to MTS Systems’ agreement to be acquired by Amphenol Corporation. Under the terms of the agreement, MTS Systems’ shareholders will receive $58.50 per share in cash. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-mts-systems-corporation.

CounterPath Corporation (NASDAQ CM:

CPAH

) regarding possible breaches of fiduciary duties and other violations of law related to CounterPath’s agreement to be acquired by Alianza, Inc. Under the terms of the agreement CounterPath’s shareholders will receive $3.49 per share in cash. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-counterpath-corporation.

Anworth Mortgage Asset Corporation (NYSE:

ANH

) regarding possible breaches of fiduciary duties and other violations of law related to Anworth’s agreement to be acquired by Ready Capital Corporation. Under the terms of the agreement, Anworth’s shareholders will receive 0.1688 shares of Ready Capital common stock. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-anworth-mortgage-asset-corporation.

SEACOR Holdings Inc. (NYSE:

CKH

) regarding possible breaches of fiduciary duties and other violations of law related to SEACOR’s agreement to be acquired by affiliates of American Industrial Partners Capital Fund VII, L.P. Under the terms of the agreement, SEACOR’s shareholders will receive $41.50 per share in cash. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-seacor-holdings-inc.

You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected].

Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Attorney advertising. Prior results do not guarantee a similar outcome.

CONTACT:

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242 (Toll Free)
(302) 295-5310
Fax: (302) 654-7530
[email protected]
https://rl-legal.com



SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Reminds Investors of Investigations of WDR, CLCT, NAV, and UROV Buyouts

WILMINGTON, Del., Dec. 17, 2020 (GLOBE NEWSWIRE) — Rigrodsky & Long, P.A. announces that it is investigating:

Waddell & Reed Financial, Inc. (NYSE:

WDR

) regarding possible breaches of fiduciary duties and other violations of law related to Waddell’s agreement to be acquired by affiliates of Macquarie Asset Management. Under the terms of the agreement, Waddell’s shareholders will receive $25.00 in cash per share. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-waddell-reed-financial-inc.

Collectors Universe, Inc. (NASDAQ GM:

CLCT

) regarding possible breaches of fiduciary duties and other violations of law related to Collectors’ agreement to be acquired by an investor group led by Nat Turner, D1 Capital Partners L.P., and Cohen Private Ventures, LLC. Under the terms of the agreement, Collectors’ shareholders will receive $75.25 in cash per share. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-collectors-universe-inc.

Navistar International Corporation (NYSE:

NAV

) regarding possible breaches of fiduciary duties and other violations of law related to Navistar’s agreement to be acquired by TRATON SE. Under the terms of the agreement, Navistar’s shareholders will receive $44.50 in cash per share. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-navistar-international-corporation.

Urovant Sciences Ltd. (NASDAQ GS:

UROV

) regarding possible breaches of fiduciary duties and other violations of law related to Urovant’s agreement to be acquired by Sumitovant Biopharma Ltd. Under the terms of the agreement Urovant’s shareholders will receive $16.25 per share in cash. To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-urovant-sciences-ltd.

You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected].

Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

Attorney advertising. Prior results do not guarantee a similar outcome.

CONTACT:

Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242 (Toll Free)
(302) 295-5310
Fax: (302) 654-7530
[email protected]
https://rl-legal.com