Sullivan
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Biography

Ron's practice focuses on corporate and securities matters, including the representation of both public and private companies in various financing transactions, including private placements, IPOs and follow on public offerings. He also advises clients with respect to ongoing corporate governance and disclosure matters, including compliance with Securities Exchange Act of 1934 requirements, stock exchange listing standards and Sarbanes-Oxley Act and Dodd-Frank Act compliance. Ron frequently advises Israeli and other international companies that seek to have their securities traded in the United States on various exchanges including Nasdaq, NYSE and OTC. In addition to advising clients on mergers and acquisitions and general corporate matters, Ron regularly advises private companies, as well as broker-dealers and placement agents, in venture capital financing transactions.

Ron also has extensive experience in the representation of investment banks and broker-dealers in public offerings and private placements, including compliance with Financial Industry Regulatory Authority (FINRA) obligations.

During law school, Ron interned in the Division of Enforcement at FINRA. In addition, Ron was awarded a Citation of Excellence in Securities Clinical Courses from Hofstra University School of Law.

Education
  • Hofstra University School of Law (J.D.)
  • University of Texas at Austin (B.A.)
Bar & Court Admissions
  • New York
Professional Qualifications
  • New York State Bar Association
  • Nassau County Bar Association
Languages
  • Hebrew
Sullivan Advises Inspira Technologies on Strategic $12.5M Acquisition of Nano Dimension’s AME Platform
Sullivan & Worcester represented Inspira™ Technologies OXY B.H.N. Ltd. (Nasdaq: IINN), a commercial-stage medical device company, in its acquisition of Nano Dimension’s Additive Manufactured Electronics (AME) platform, a multi-material additive manufacturing platform capable of printing 3D electronic layers with micro-scale precision. The transaction is valued at up to $12.5 million, comprising a $2.0 million upfront cash payment and up to $10.5 million of deferred payments tied to the future performance of the platform over the next twelve months. The Sullivan team involved in the transaction included Oded Har-Even, Reut Alfiah, Tamir Chagal, Shemer Sendak, Ron Ben-Bassat and Shiran Soholitsky. Read the full press release here.
Sullivan Ranks High in PlacementTracker's Q2 2024 PIPE and Private Placement Markets League Tables
Sullivan is excited to announce that it was ranked second nationally among securities law firms in the Placement Agent Counsel category for PIPE and private placement markets in Q2 2024. The firm was also ranked seventh in the Issuer Counsel League Table category by number of transactions. During the quarter, Sullivan provided counsel for 12 transactions on behalf of issuers and placement agents, totaling $216,370,612 in the amount advised. A total of $32.8 billion was raised in 699 transactions throughout Q2 2024. Deal volume decreased by 1% (707 deals in Q2 2023) and dollar volume increased by 33% ($24.6 billion in Q2 2023). PlacementTracker, part of EPFR, Inc., is the leading source for data and analysis for institutions in the PIPE and Private Placement markets. Legal counsel rankings exclude all 144-A Offerings, Equity Lines of Credit, At-the-Market Transactions, Rights Offerings, Bought Deals and all PIPE transactions conducted by foreign issuers that trade in the U.S. on the OTC. Read the full rankings here.

Ron Ben-Bassat

Ron's practice focuses on corporate and securities matters, including the representation of both public and private companies in various financing transactions, including private placements, IPOs and follow on public offerings. He also advises clients with respect to ongoing corporate governance and disclosure matters, including compliance with Securities Exchange Act of 1934 requirements, stock exchange listing standards and Sarbanes-Oxley Act and Dodd-Frank Act compliance. Ron frequently advises Israeli and other international companies that seek to have their securities traded in the United States on various exchanges including Nasdaq, NYSE and OTC. In addition to advising clients on mergers and acquisitions and general corporate matters, Ron regularly advises private companies, as well as broker-dealers and placement agents, in venture capital financing transactions.

Ron also has extensive experience in the representation of investment banks and broker-dealers in public offerings and private placements, including compliance with Financial Industry Regulatory Authority (FINRA) obligations.

During law school, Ron interned in the Division of Enforcement at FINRA. In addition, Ron was awarded a Citation of Excellence in Securities Clinical Courses from Hofstra University School of Law.

Sullivan Advises Inspira Technologies on Strategic $12.5M Acquisition of Nano Dimension’s AME Platform
Sullivan & Worcester represented Inspira™ Technologies OXY B.H.N. Ltd. (Nasdaq: IINN), a commercial-stage medical device company, in its acquisition of Nano Dimension’s Additive Manufactured Electronics (AME) platform, a multi-material additive manufacturing platform capable of printing 3D electronic layers with micro-scale precision. The transaction is valued at up to $12.5 million, comprising a $2.0 million upfront cash payment and up to $10.5 million of deferred payments tied to the future performance of the platform over the next twelve months. The Sullivan team involved in the transaction included Oded Har-Even, Reut Alfiah, Tamir Chagal, Shemer Sendak, Ron Ben-Bassat and Shiran Soholitsky. Read the full press release here.
Sullivan Ranks High in PlacementTracker's Q2 2024 PIPE and Private Placement Markets League Tables
Sullivan is excited to announce that it was ranked second nationally among securities law firms in the Placement Agent Counsel category for PIPE and private placement markets in Q2 2024. The firm was also ranked seventh in the Issuer Counsel League Table category by number of transactions. During the quarter, Sullivan provided counsel for 12 transactions on behalf of issuers and placement agents, totaling $216,370,612 in the amount advised. A total of $32.8 billion was raised in 699 transactions throughout Q2 2024. Deal volume decreased by 1% (707 deals in Q2 2023) and dollar volume increased by 33% ($24.6 billion in Q2 2023). PlacementTracker, part of EPFR, Inc., is the leading source for data and analysis for institutions in the PIPE and Private Placement markets. Legal counsel rankings exclude all 144-A Offerings, Equity Lines of Credit, At-the-Market Transactions, Rights Offerings, Bought Deals and all PIPE transactions conducted by foreign issuers that trade in the U.S. on the OTC. Read the full rankings here.