Seward & Kissel LLP represented Enterprise Diversified, Inc. (OTCQB: SYTE) in connection with its merger with CrossingBridge Advisors, LLC, an SEC-registered investment adviser managing strategies primarily focused on ultra-short duration, low duration high yield, responsible credit, and special purpose acquisition companies. Enterprise Diversified is primarily focused on partnering with alternative asset managers, in addition to holding interests in companies associated with internet access. Both Enterprise Diversified and CrossingBridge have become wholly owned subsidiaries of the newly formed holding company, ENDI Corp., a Delaware corporation that trades on the OTC market.
A Seward & Kissel team led by partners Nick Katsanos and Ted Horton, and including Business Transactions Group Partner Gerhard Anderson, Tax partner James Cofer and associates Jack Rotenstein, Jenny Elberg, Jeff Dorman and Andrew Zekany, represented Enterprise Diversified in this transaction.