Who We Are
Ascendiant was created to serve as a platform to identify investment opportunities, put capital to work, and provide advisory and support services to client companies and investors. The founders believed the knowledge and expertise they gained while operating public and private companies gave them a unique perspective and insight, and they have recruited talented, experienced, senior-level professionals with similar operating backgrounds to join them.
Ascendiant continues forward with an entrepreneurial spirit, eager to provide capital, guidance, and support to companies with innovative ideas, emerging technologies, and new business models.
Our Values
07/08
Freedom
A public company needs support from a lot of sources to achieve success. That means multiple investors, analysts, shareholders, and yes, investment banks. In short, you need a lot of investment bank friends, not just one. When an investment bank requires exclusivity or a right of first refusal following a capital raise, they are leveraging the relationship and limiting your company’s options. When you work with us, you have freedom, and that’s best for your business.
Our Values
08/08
Respect
Some investment banks are run like a money printing machine – deal after deal, and fees on top of fees. You get calls, e-mails, and texts all hours of the day, night, and weekends, pushing you to accept an offer. That’s not our style, and we’re respectful of your time and your life away from the office. We’ll listen to your needs and objectives, present ideas and solutions, and let you make the call.
Our Values
01/08
Relationships
We’re in the money business, but we’re really in the people business. Investing in long-term relationships with clients is a fundamental principle of our business strategy, and one of the most rewarding and enjoyable aspects of what we do.
Our Values
02/08
Trust
Trust, along with excellent communication, is essential in any relationship. We value honesty, integrity, transparency, and reliability, and pledge to always do our best to earn your trust.
Our Values
03/08
Highest Standards
We’re not here to sell you, we’re here to serve you. That means doing what is best for your company and your shareholders – based on your needs and objectives, not ours. We’ve run businesses, too, and now we run an investment bank – that will always put you first.
Our Values
04/08
Serve Clients
Our goal is not to be the biggest bank, it’s to be the best – for the clients we serve. Your best financial partner, your best advisor, your best strategist, your best resource, your best sounding board. The best an investment bank has to offer.
Our Values
05/08
Success
Here’s our simple business philosophy and formula for success – maximize relationships, not fees. Success for us is a client achieving its goals and realizing its potential. When our capital is structured in a way that truly meets your needs – and allows you to hire more employees, open a new building, expand R&D, sell more product, or secure a strategic acquisition, that’s our measure of success.
Our Values
06/08
Experience
Most investors and bankers you meet have never run a business, and even fewer have managed a public company. We have unique perspective and insight from your side of the desk because we’ve been there. We appreciate what you do – tackling challenges and pursuing opportunities – and want to do our best to support you. Let our experience and expertise help you make the best decisions for your company.
Our Values
07/08
Freedom
A public company needs support from a lot of sources to achieve success. That means multiple investors, analysts, shareholders, and yes, investment banks. In short, you need a lot of investment bank friends, not just one. When an investment bank requires exclusivity or a right of first refusal following a capital raise, they are leveraging the relationship and limiting your company’s options. When you work with us, you have freedom, and that’s best for your business.
Our Values
08/08
Respect
Some investment banks are run like a money printing machine – deal after deal, and fees on top of fees. You get calls, e-mails, and texts all hours of the day, night, and weekends, pushing you to accept an offer. That’s not our style, and we’re respectful of your time and your life away from the office. We’ll listen to your needs and objectives, present ideas and solutions, and let you make the call.
Our Values
01/08
Relationships
We’re in the money business, but we’re really in the people business. Investing in long-term relationships with clients is a fundamental principle of our business strategy, and one of the most rewarding and enjoyable aspects of what we do.
Our Values
02/08
Trust
Trust, along with excellent communication, is essential in any relationship. We value honesty, integrity, transparency, and reliability, and pledge to always do our best to earn your trust.
Our Values
03/08
Highest Standards
We’re not here to sell you, we’re here to serve you. That means doing what is best for your company and your shareholders – based on your needs and objectives, not ours. We’ve run businesses, too, and now we run an investment bank – that will always put you first.
Our Values
04/08
Serve Clients
Our goal is not to be the biggest bank, it’s to be the best – for the clients we serve. Your best financial partner, your best advisor, your best strategist, your best resource, your best sounding board. The best an investment bank has to offer.
Our Values
05/08
Success
Here’s our simple business philosophy and formula for success – maximize relationships, not fees. Success for us is a client achieving its goals and realizing its potential. When our capital is structured in a way that truly meets your needs – and allows you to hire more employees, open a new building, expand R&D, sell more product, or secure a strategic acquisition, that’s our measure of success.
Our Values
06/08
Experience
Most investors and bankers you meet have never run a business, and even fewer have managed a public company. We have unique perspective and insight from your side of the desk because we’ve been there. We appreciate what you do – tackling challenges and pursuing opportunities – and want to do our best to support you. Let our experience and expertise help you make the best decisions for your company.
Our Values
07/08
Freedom
A public company needs support from a lot of sources to achieve success. That means multiple investors, analysts, shareholders, and yes, investment banks. In short, you need a lot of investment bank friends, not just one. When an investment bank requires exclusivity or a right of first refusal following a capital raise, they are leveraging the relationship and limiting your company’s options. When you work with us, you have freedom, and that’s best for your business.
Our Values
08/08
Respect
Some investment banks are run like a money printing machine – deal after deal, and fees on top of fees. You get calls, e-mails, and texts all hours of the day, night, and weekends, pushing you to accept an offer. That’s not our style, and we’re respectful of your time and your life away from the office. We’ll listen to your needs and objectives, present ideas and solutions, and let you make the call.
Client Testimonial
“Over the last four decades, I have been engaged in the acquisition and divestiture of a variety of small, closely held pharmaceutical and medical device companies. Based on that experience, I highly recommend the Ascendiant team for their insight, professionalism, and perseverance in identifying appropriate entities on both sides of buy-sell transactions as well as for their record of success in facilitating completed deals.”
John Gruen
President
South East Instruments, LLC
Client Testimonial
“We’ve had a great experience working with Ascendiant. Their team is very responsive and their At-the-Market instruments are extremely flexible and cost-effective. We definitely will be working with Ascendiant going forward on additional transactions in our portfolio of public companies.”
Jay Puchir
Chief Financial Officer
BitNile Metaverse, Inc. (Nasdaq: BNMV)
Client Testimonial
“I found Ascendiant to be a trusted partner in the sale of our business. During a pandemic-dominated economy, timing and presentation were critical elements of the sale process. Ascendiant’s diligence, counsel, and advice led to the successful closing of our transaction, and I am most appreciative to have worked with the Ascendiant team.”
David Oddo
President
Pinnacle Precision Sheet Metal Corporation
Client Testimonial
“Ascendiant has distinguished themselves as a trusted partner with a clear focus on learning about our business and understanding our unique position in the marketplace. They were the first to discover our company at an early pre-revenue stage and have been of great help in guiding us through a variety of capital strategies – deal and non-deal related. We value our relationship with the Ascendiant team.”
Robert Liscouski
Chairman, President, & CEO
Quantum Computing Inc. (Nasdaq: QUBT)
Client Testimonial
“Over the last four decades, I have been engaged in the acquisition and divestiture of a variety of small, closely held pharmaceutical and medical device companies. Based on that experience, I highly recommend the Ascendiant team for their insight, professionalism, and perseverance in identifying appropriate entities on both sides of buy-sell transactions as well as for their record of success in facilitating completed deals.”
John Gruen
President
South East Instruments, LLC
Client Testimonial
“We’ve had a great experience working with Ascendiant. Their team is very responsive and their At-the-Market instruments are extremely flexible and cost-effective. We definitely will be working with Ascendiant going forward on additional transactions in our portfolio of public companies.”
Jay Puchir
Chief Financial Officer
BitNile Metaverse, Inc. (Nasdaq: BNMV)
Client Testimonial
“I found Ascendiant to be a trusted partner in the sale of our business. During a pandemic-dominated economy, timing and presentation were critical elements of the sale process. Ascendiant’s diligence, counsel, and advice led to the successful closing of our transaction, and I am most appreciative to have worked with the Ascendiant team.”
David Oddo
President
Pinnacle Precision Sheet Metal Corporation
Client Testimonial
“Ascendiant has distinguished themselves as a trusted partner with a clear focus on learning about our business and understanding our unique position in the marketplace. They were the first to discover our company at an early pre-revenue stage and have been of great help in guiding us through a variety of capital strategies – deal and non-deal related. We value our relationship with the Ascendiant team.”
Robert Liscouski
Chairman, President, & CEO
Quantum Computing Inc. (Nasdaq: QUBT)
Client Testimonial
“Over the last four decades, I have been engaged in the acquisition and divestiture of a variety of small, closely held pharmaceutical and medical device companies. Based on that experience, I highly recommend the Ascendiant team for their insight, professionalism, and perseverance in identifying appropriate entities on both sides of buy-sell transactions as well as for their record of success in facilitating completed deals.”
John Gruen
President
South East Instruments, LLC
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Ascendiant By The Numbers
In Financing Transactions
$
0
B+
M&A Transactions
0
+
Covered Companies
0
+
Years In Business
0
+
Our Testimonials
Supporting companies and ideas for 23+ years
The first Ascendiant entity, Ascendiant Capital Group, was launched in 2001.
Prior to forming Ascendiant, the founding partners were involved with starting, investing in, and operating other businesses. One of the companies was Odyssey Sports which was successfully sold to Callaway Golf. Another company they started together was taken public, which provided direct experience raising capital, pursuing growth through acquisitions, and managing all aspects of a publicly-traded entity.
“Ascendiant demonstrated considerable persistence, determination, and flexibility in successfully completing our institutional financing. Ascendiant had the foresight to see the positive and compelling aspects of our story, successfully communicate that story to others in the financial community, and bring the financing across the finish line.”
Bill Critchfield
Chief Financial Officer
Corgenix Medical Corporation
“Ascendiant supplied our Company with capital at a very important time in our development, and the Ascendiant team has been a trusted and valuable advisor. Ascendiant’s timely capital and relationships with other institutional investors has contributed to our Company’s profitability and improvement in stock price and trading volume. Ascendiant approaches their business with professionalism, integrity, and follow-through. I believe the Ascendiant group is as knowledgeable and experienced as any other in the funding of high growth companies and in providing guidance and support.”
Thomas Sandgaard
Chairman, President, & CEO
Zynex, Inc. (Nasdaq: ZYXI)
“We’ve had a great experience working with Ascendiant. Their team is very responsive and their At-the-Market instruments are extremely flexible and cost-effective. We definitely will be working with Ascendiant going forward on additional transactions in our portfolio of public companies.”
Jay Puchir
Chief Financial Officer
BitNile Metaverse, Inc. (Nasdaq: BNMV)
“I found Ascendiant to be a trusted partner in the sale of our business. During a pandemic-dominated economy, timing and presentation were critical elements of the sale process. Ascendiant’s diligence, counsel, and advice led to the successful closing of our transaction, and I am most appreciative to have worked with the Ascendiant team.”
David Oddo
President
Pinnacle Precision Sheet Metal Corporation
“Ascendiant has distinguished themselves as a trusted partner with a clear focus on learning about our business and understanding our unique position in the marketplace. They were the first to discover our company at an early pre-revenue stage and have been of great help in guiding us through a variety of capital strategies – deal and non-deal related. We value our relationship with the Ascendiant team.”
Robert Liscouski
Chairman, President, & CEO
Quantum Computing Inc. (Nasdaq: QUBT)
“Over the last four decades, I have been engaged in the acquisition and divestiture of a variety of small, closely held pharmaceutical and medical device companies. Based on that experience, I highly recommend the Ascendiant team for their insight, professionalism, and perseverance in identifying appropriate entities on both sides of buy-sell transactions as well as for their record of success in facilitating completed deals.”
John Gruen
President
South East Instruments, LLC
“Ascendiant has been a trusted advisor to our companies for several years and I deeply appreciate the team’s intense focus on building a long-term relationship and understanding a company’s needs. I believe this company-centric approach is a direct result of the fact that Ascendiant’s bankers have started and managed businesses of their own. They possess a unique understanding of the challenges faced in building a team, investing in R&D, and commercializing products and technologies. I look forward to a long and fruitful partnership with Ascendiant as we seek to build successful growth companies.”
Lishan Aklog, MD
Chairman & Chief Executive Officer, Co-Founder
PAVmed Inc (Nasdaq: PAVM) & Lucid Diagnostics Inc (Nasdaq: LUCD)
“SINTX Technologies has had a constructive M&A engagement with Ascendiant for several years. Throughout the engagement, Ascendiant has listened to our evolving needs and conducted an organized, structured, and methodical approach to search for suitable targets. When potential targets were identified, Ascendiant professionally managed our discussions with the targets and provided valuable guidance to SINTX throughout the negotiations. The result has been two successful acquisitions in two years for SINTX.”
Dave O'Brien
Chief Operating Officer
SINTX Technologies, Inc. (Nasdaq: SINT)
“Ascendiant is very client-focused, and they are particularly astute at understanding the obstacles and pressures a micro-cap public company and management team faces. Our corporate structure is complex and somewhat unusual, and Ascendiant’s research analysts are adept at providing an in-depth investor report and analysis. We’re very appreciative of our relationship with Ascendiant, and the support they provide.”
Michael Feldschuh
CEO & President
Daxor Corporation (Nasdaq: DXR)
“Ascendiant has provided our Company with the support and trading execution we’ve needed, and they continue to serve as an important resource. I’m able to talk with Ascendiant’s leadership directly, and they’re incredibly responsive and organized when it comes to execution. We’re very happy with our relationship with the Ascendiant team.”
Dan Philp
Senior Vice President of Corporate Development
Air T, Inc. (Nasdaq: AIRT)
“For where our Company was at the time, with our unique needs, I don’t think there was anyone better for us than Ascendiant. They listened and understood what the parameters were when it came to our Company’s needs. Instead of trying to fit us into a financing transaction that made sense for them, Ascendiant helped build a transaction that made sense for us.”
Lawrence Kenyon
CFO and Director
Outlook Therapeutics, Inc. (Nasdaq: OTLK)
“Ascendiant has been a trusted partner for several years, advising us on market trends, introducing us to investors, and helping us raise capital at very efficient rates. Ascendiant provides an incredible amount of personalized access and value-added support—they know our business and the markets. We trust them, and they never try to upsell us—they invest in client relationships, rather than chasing transactions!”
Francois Michelon
Chairman & Chief Executive Officer
ENDRA Life Sciences, Inc. (Nasdaq: NDRA)
“Ascendiant helped guide alternative forms of financing that didn’t jeopardize shareholder value. They provided our company with honest, fair assessments of our options and truly represented us as a client, rather than just another transaction. Ascendiant’s equity research provides prospective shareholders valuable insight into our company.”
Jeff Ervin
Chief Executive Officer
IMAC Holdings, Inc. (Nasdaq: IMAC)
“Ascendiant is a boutique firm, not an industrial complex, and it shows. Their bankers are personable, and they listen, understand, and exercise persistence to achieve their client’s needs. I could not recommend them strongly enough.”
Dr. Sonny Bal
Chief Executive Officer
SINTX Technologies, Inc. (Nasdaq: SINT)
“Our company needed capital financing. A number of firms contacted us, and when we talked to the folks at Ascendiant, it became clear that they were suited to the type of situation that we were in.
We discovered a great working relationship with Ascendiant, and they impressed us with their flexibility and responsiveness. There wasn’t a day that went by where we didn’t feel well-served by the Ascendiant team.”
Tony Scott
Chief Executive Officer
Intrusion, Inc. (Nasdaq: INTZ)
“Ascendiant gave us several options for raising capital, and helped structure an ideal solution for our Company. Ascendiant has exceeded our expectations, and we are thrilled about the relationship we have with their team.”
Alisha Charlton
Chief Financial Officer
Pro-Dex, Inc. (Nasdaq: PDEX)
“Working closely with Ascendiant’s senior bankers has been a true pleasure, and has made the transaction process smoother and faster than I could have ever imagined.”
Nick Skrepetos
Chief Executive Officer
Bullseye Camera Systems
“The Ascendiant team did an exceptional job guiding my fellow shareholders and me through a very complicated process. We will look forward to working with Ascendiant’s senior bankers on future projects.”
Russel Jacob
President
Riverside Lobster
“Ascendiant did an exceptional job guiding me through the unfamiliar landscape of selling my business and I’m excited about the future!”
Ron Lewis
Chief Executive Officer
Cosmetic Technologies
“Having Ascendiant as our Investment Bank was crucial to getting our sale completed. We appreciated their knowledge of the buyers, and their ability to help us navigate the intricacies of this type of a transaction.”
Rich Bushman
Chief Executive Officer
Safe-Flo Dental Products
“Ascendiant demonstrated considerable persistence, determination, and flexibility in successfully completing our institutional financing. Ascendiant had the foresight to see the positive and compelling aspects of our story, successfully communicate that story to others in the financial community, and bring the financing across the finish line.”
Bill Critchfield
Chief Financial Officer
Corgenix Medical Corporation
“Ascendiant supplied our Company with capital at a very important time in our development, and the Ascendiant team has been a trusted and valuable advisor. Ascendiant’s timely capital and relationships with other institutional investors has contributed to our Company’s profitability and improvement in stock price and trading volume. Ascendiant approaches their business with professionalism, integrity, and follow-through. I believe the Ascendiant group is as knowledgeable and experienced as any other in the funding of high growth companies and in providing guidance and support.”
Thomas Sandgaard
Chairman, President, & CEO
Zynex, Inc. (Nasdaq: ZYXI)
“We’ve had a great experience working with Ascendiant. Their team is very responsive and their At-the-Market instruments are extremely flexible and cost-effective. We definitely will be working with Ascendiant going forward on additional transactions in our portfolio of public companies.”
Jay Puchir
Chief Financial Officer
BitNile Metaverse, Inc. (Nasdaq: BNMV)
“I found Ascendiant to be a trusted partner in the sale of our business. During a pandemic-dominated economy, timing and presentation were critical elements of the sale process. Ascendiant’s diligence, counsel, and advice led to the successful closing of our transaction, and I am most appreciative to have worked with the Ascendiant team.”
David Oddo
President
Pinnacle Precision Sheet Metal Corporation
“Ascendiant has distinguished themselves as a trusted partner with a clear focus on learning about our business and understanding our unique position in the marketplace. They were the first to discover our company at an early pre-revenue stage and have been of great help in guiding us through a variety of capital strategies – deal and non-deal related. We value our relationship with the Ascendiant team.”
Robert Liscouski
Chairman, President, & CEO
Quantum Computing Inc. (Nasdaq: QUBT)
“Over the last four decades, I have been engaged in the acquisition and divestiture of a variety of small, closely held pharmaceutical and medical device companies. Based on that experience, I highly recommend the Ascendiant team for their insight, professionalism, and perseverance in identifying appropriate entities on both sides of buy-sell transactions as well as for their record of success in facilitating completed deals.”
John Gruen
President
South East Instruments, LLC
“Ascendiant has been a trusted advisor to our companies for several years and I deeply appreciate the team’s intense focus on building a long-term relationship and understanding a company’s needs. I believe this company-centric approach is a direct result of the fact that Ascendiant’s bankers have started and managed businesses of their own. They possess a unique understanding of the challenges faced in building a team, investing in R&D, and commercializing products and technologies. I look forward to a long and fruitful partnership with Ascendiant as we seek to build successful growth companies.”
Lishan Aklog, MD
Chairman & Chief Executive Officer, Co-Founder
PAVmed Inc (Nasdaq: PAVM) & Lucid Diagnostics Inc (Nasdaq: LUCD)
“SINTX Technologies has had a constructive M&A engagement with Ascendiant for several years. Throughout the engagement, Ascendiant has listened to our evolving needs and conducted an organized, structured, and methodical approach to search for suitable targets. When potential targets were identified, Ascendiant professionally managed our discussions with the targets and provided valuable guidance to SINTX throughout the negotiations. The result has been two successful acquisitions in two years for SINTX.”
Dave O'Brien
Chief Operating Officer
SINTX Technologies, Inc. (Nasdaq: SINT)
“Ascendiant is very client-focused, and they are particularly astute at understanding the obstacles and pressures a micro-cap public company and management team faces. Our corporate structure is complex and somewhat unusual, and Ascendiant’s research analysts are adept at providing an in-depth investor report and analysis. We’re very appreciative of our relationship with Ascendiant, and the support they provide.”
Michael Feldschuh
CEO & President
Daxor Corporation (Nasdaq: DXR)
“Ascendiant has provided our Company with the support and trading execution we’ve needed, and they continue to serve as an important resource. I’m able to talk with Ascendiant’s leadership directly, and they’re incredibly responsive and organized when it comes to execution. We’re very happy with our relationship with the Ascendiant team.”
Dan Philp
Senior Vice President of Corporate Development
Air T, Inc. (Nasdaq: AIRT)
“For where our Company was at the time, with our unique needs, I don’t think there was anyone better for us than Ascendiant. They listened and understood what the parameters were when it came to our Company’s needs. Instead of trying to fit us into a financing transaction that made sense for them, Ascendiant helped build a transaction that made sense for us.”
Lawrence Kenyon
CFO and Director
Outlook Therapeutics, Inc. (Nasdaq: OTLK)
“Ascendiant has been a trusted partner for several years, advising us on market trends, introducing us to investors, and helping us raise capital at very efficient rates. Ascendiant provides an incredible amount of personalized access and value-added support—they know our business and the markets. We trust them, and they never try to upsell us—they invest in client relationships, rather than chasing transactions!”
Francois Michelon
Chairman & Chief Executive Officer
ENDRA Life Sciences, Inc. (Nasdaq: NDRA)
“Ascendiant helped guide alternative forms of financing that didn’t jeopardize shareholder value. They provided our company with honest, fair assessments of our options and truly represented us as a client, rather than just another transaction. Ascendiant’s equity research provides prospective shareholders valuable insight into our company.”
Jeff Ervin
Chief Executive Officer
IMAC Holdings, Inc. (Nasdaq: IMAC)
“Ascendiant is a boutique firm, not an industrial complex, and it shows. Their bankers are personable, and they listen, understand, and exercise persistence to achieve their client’s needs. I could not recommend them strongly enough.”
Dr. Sonny Bal
Chief Executive Officer
SINTX Technologies, Inc. (Nasdaq: SINT)
“Our company needed capital financing. A number of firms contacted us, and when we talked to the folks at Ascendiant, it became clear that they were suited to the type of situation that we were in.
We discovered a great working relationship with Ascendiant, and they impressed us with their flexibility and responsiveness. There wasn’t a day that went by where we didn’t feel well-served by the Ascendiant team.”
Tony Scott
Chief Executive Officer
Intrusion, Inc. (Nasdaq: INTZ)
“Ascendiant gave us several options for raising capital, and helped structure an ideal solution for our Company. Ascendiant has exceeded our expectations, and we are thrilled about the relationship we have with their team.”
Alisha Charlton
Chief Financial Officer
Pro-Dex, Inc. (Nasdaq: PDEX)
“Working closely with Ascendiant’s senior bankers has been a true pleasure, and has made the transaction process smoother and faster than I could have ever imagined.”
Nick Skrepetos
Chief Executive Officer
Bullseye Camera Systems
“The Ascendiant team did an exceptional job guiding my fellow shareholders and me through a very complicated process. We will look forward to working with Ascendiant’s senior bankers on future projects.”
Russel Jacob
President
Riverside Lobster
“Ascendiant did an exceptional job guiding me through the unfamiliar landscape of selling my business and I’m excited about the future!”
Ron Lewis
Chief Executive Officer
Cosmetic Technologies
“Having Ascendiant as our Investment Bank was crucial to getting our sale completed. We appreciated their knowledge of the buyers, and their ability to help us navigate the intricacies of this type of a transaction.”
Rich Bushman
Chief Executive Officer
Safe-Flo Dental Products
“Ascendiant demonstrated considerable persistence, determination, and flexibility in successfully completing our institutional financing. Ascendiant had the foresight to see the positive and compelling aspects of our story, successfully communicate that story to others in the financial community, and bring the financing across the finish line.”
Bill Critchfield
Chief Financial Officer
Corgenix Medical Corporation
“Ascendiant supplied our Company with capital at a very important time in our development, and the Ascendiant team has been a trusted and valuable advisor. Ascendiant’s timely capital and relationships with other institutional investors has contributed to our Company’s profitability and improvement in stock price and trading volume. Ascendiant approaches their business with professionalism, integrity, and follow-through. I believe the Ascendiant group is as knowledgeable and experienced as any other in the funding of high growth companies and in providing guidance and support.”
Thomas Sandgaard
Chairman, President, & CEO
Zynex, Inc. (Nasdaq: ZYXI)
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Ascendiant Team
Get To Know Us
Meet the team that makes everything happen. Putting our clients first, and making sure they are successful, is what drives us each and every day.
Ascendiant News
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