ROTH Capital Partners

ROTH is an investment banking firm dedicated to the small-cap public market. Since its inception in 1984, ROTH has been an innovator in this market. In the 1990's ROTH participated in underwriting IPOs for small-cap companies. As this market changed, ROTH helped develop the PIPE (private investment in public equity) financing structure. ROTH was one of the first U.S. investment banks to focus on financing small-cap Chinese companies, and established a Representative Office in Shanghai in 2007 and a Hong Kong (Limited) Office in 2010.

Charles Campbell

Managing Director, Trading Desk Specialist

Eric Cheng

Managing Director, Head of Healthcare Investment Banking

Jason Wittes

Managing Director, Senior Research Analyst

Jonathan Aschoff Ph.D

Managing Director and Senior Analyst, Research

36 past transactions

UNION

Series B in 2021
Union, an all-in-one hospitality engagement platform, leverages industrial grade data intelligence to deliver transformative experiences for the industry’s most popular venues, their guests, and their brand partners.

Riley Permian

Venture Round in 2021
Riley Permian is focused on high-growth energy exploration opportunities in the Permian Basin with an emphasis on horizontal development of the San Andres Formation. Our technical expertise, advanced evaluation techniques, and operational experience make us leaders in the acquisition, development, and production of oil and natural gas.

Cambium Networks

Post in 2021
Cambium Networks provides wireless fabric infrastructure for business, residential broadband, and Wi-Fi. They also provide CCTV, enterprise networking, fixed wireless broadband, hybrid networks, and outdoor wireless for private network solutions. They specialize in wireless broadband and Wi-Fi solutions.

FalconStor Software

Post in 2021
FalconStor (OTCQB: FALC) is a data protection leader that enables enterprises to modernize their data backup and archival operations across sites and public clouds, delivering increased data security and providing the fastest recovery from a ransomware attack while driving down costs by up to 90 percent. A proven technology leader with more than 30 patents, FalconStor is trusted by more than 1,000 enterprise customers and an ecosystem of managed service providers and resellers worldwide.

Celsius

Post in 2021
Burn more fat with clean healthy energy drink for Fitness, Weight Loss, and Active Lifestyle.

ADOMANI

Post in 2021
ADOMANI provides cost-effective solutions to customers while addressing the challenges of traditional fuel price volatility and local, state, and federal environmental regulatory compliance. It's a provider of zero-emission electric and hybrid vehicles and drivetrain solutions that helps fleet operators with their business. They provide commercial and last-mile delivery fleets, school districts, public and private transportation service firms, schools, and universities.

Reed's

Post in 2021
Reed's is a manufacturer of naturally brewed sodas using very old-fashioned, natural methods and wholesome, fresh ingredients. Its portfolio of handcrafted, all-natural beverages is sold in over 45,000 outlets nationwide including the natural and specialty food channel, grocery stores, mass merchants, drug stores, convenience stores, club stores, and on-premise locations that include bars and restaurants.

DMC Global

Funding Round in 2021
DMC Global is a provider of explosion-welded clad metal plates. The Company is an industrial manufacturer focusing on niche markets related to the building of equipment and materials to support the infrastructure of the process and energy industries. The Company operates in three segments: Explosive Metalworking, Oilfield Products and AMK Welding. Explosion-weld cladding uses an explosive charge to bond together plates of different metals. Its Explosive Metalworking operations are located in the United States, Germany and France. Through its Oilfield Products segment, which it also refers to as DYNAenergetics, it provides a range of products for the global oil and gas industries. Its AMK Welding segment (AMK Welding) provides welding services, primarily to the power turbine and aircraft engine manufacturing industries. On January 3, 2012, the Company acquired the assets and operating business of Texas-based TRX Industries, Inc

Ocugen

Post in 2021
Ocugen is a clinical-stage biopharmaceutical company focused on discoverinOcugen Inc is a clinical-stage biopharmaceutical business focused on discovering, developing, and commercializing gene treatments to cure blinding illnesses, as well as developing a COVID-19 vaccine to save lives. The biologic product candidate aims to provide better therapy to patients with underserved diseases such as wet age-related macular degeneration, diabetic macular edema, and diabetic retinopathy using the breakthrough modifier gene therapy platform.

GIGA TRONICS

Post in 2021
Giga-tronics is an engineering and design manufacturer of RF and microwave signal generators, microwave power amplifiers, and microwave power meters.

Bally Technologies

Private Equity Round in 2021
Bally Technologies, Inc. is a diversified, worldwide gaming company that designs, manufactures, distributes, and operates gaming devices and computerized monitoring, accounting and player-tracking systems for gaming devices. In addition to selling gaming devices, the Company also offers customers a wide range of purchase and lease options. It derives revenue from Gaming Equipment (sale of gaming devices and related equipment, parts and conversion kits) and Gaming Operations (operation of linked progressive systems, video lottery and centrally determined systems and the rental of gaming devices and content).

VBL Therapeutics

Post in 2021
VBL Therapeutics is a clinical-stage biotechnology company committed to the discovery, development, and commercialization of novel treatments for cancer and immune-inflammatory diseases. VBL’s clinical pipeline is based on two distinct, proprietary platform technologies that leverage the body’s natural physiologic and genetic regulatory elements.

VIRTRA SYSTEMS

Post in 2021
VirTra Systems, Inc., is engaged in the sale and development of judgmental use of force training simulators and firearms training simulators for law enforcement, military and commercial uses. The Company sells simulators and related products around the world through a direct sales force and international distribution partners. Its products include V-300 Simulator, a 300 degree wrap-around screen with video capability for simulation training; V-180 Simulator, a 180 degree screen with video capability; V-100 Simulator, a single-screen-based simulator system; V-ST Simulator, a single screen simulated shooting range simulator with the ability to scale to multiple screens; V-Author Software, which allows users to create, edit and train with content specific to agency's objectives; Simulated Recoil, a range of simulated recoil kits/weapons, and Return Fire Device, a Threat-Fire device that applies real-world stress on the trainees during simulation training.

Array Technologies

Post in 2021
Array Technologies is a manufacturer of innovative, cost-effective, reliable and robust solar tracking systems. A pioneer in solar tracking, Array has been providing customers with solar expertise for over 20 years. Array’s trackers are manufactured in the USA and shipped worldwide to customers including utilities, corporations, small businesses, and homeowners. Tracker installations of every size have been deployed internationally, including utility-scale projects in Spain, Italy, China, Korea, and the United States.

Thomson Resources

Post in 2021
Thomson Resources is a precious metal mining exploration business with a focus on local precious and base metal assets with great potential. They keep assessing mineral properties for purchase. Its activities include finding, assessing, and buying mineral properties as well as exploring such properties after they have been bought. Their project has the potential for gold, copper, zinc, and structurally controlled huge sulfide deposits.

Sunworks USA

Private Equity Round in 2021
Sunworks, Inc. (NASDAQ: SUNW) is a premier provider of high performance solar power systems. They are committed to quality business practices that exceed industry standards and uphold their ideals of ethics and safety. Sunworks continues to grow its presence, expanding nationally with regional and local offices. They strive to consistently deliver high quality, performance oriented solutions for customers in a wide range of industries including agricultural, commercial and industrial, federal, public works, and residential. Their dedication to excellence is reflected in commitment to support our customers above and beyond their expectations. Sunworks’ diverse, seasoned workforce includes distinguished veterans who bring a sense of pride, discipline, and professionalism to their interaction with customers. All of their employees uphold our company’s guiding principles each day. Sunworks is a member of the Solar Energy Industries Association (SEIA) and is a proud advocate for the advancement of solar power.

McEwen Mining

Post in 2020
McEwen Mining is a diversified gold and silver producer and explorer focused in the Americas with operating mines in Nevada, Canada, Mexico, and Argentina. Our goal is to be a profitable, mid-tier gold & silver producer in S&P 500. McEwen Mining's principal assets consist of the following: Production: A 49% interest in Minera Santa Cruz SA, owner of the San José silver-gold mine that is located near Goldcorp's Cerro Negro project in Argentina; and Phase I of the El Gallo complex in Sinaloa, Mexico. Development: Phase II of the El Gallo complex in Sinaloa, Mexico; The Gold Bar project in Nevada; as well as the Los Azules copper deposit in San Juan, Argentina. Exploration: The Company has a large portfolio of exploration properties in Santa Cruz province Argentina, surrounding the San José mine and Goldcorp's Cerro Negro project in addition to significant land packages in Nevada adjoining Barrick's Cortez mine and surrounding our El Gallo complex in Mexico. McEwen Mining has 300,099,879 shares issued and outstanding at January 30, 2015. Rob McEwen , Chairman, President and Chief Owner, owns 25% of the shares of the Company (assuming all outstanding Exchangeable Shares are exchanged for an equivalent amount of Common Shares).

Lumitron Technologies

Venture Round in 2020
Commercialising an X-ray technique developed within Lawrence Livermore, in conjunction with the SLAC National Accelerator Laboratory at Stanford University, which utilises a new type of high-energy laser light source (known as Laser-Compton) to recreate the power of a billion-dollar synchrotron, but in a device the size of a modern CT scanner that will cost a fraction of the price. Commercial Application: Aiming to replace the traditional x-ray and CT scanners in hospitals and identify problems such as tumors in far more detail. In addition, aims to create an ultra low radiation technology that can theoretically be able to treat a tumor with precision radiotherapy at the same time as imaging it.

Intec Pharma

Post in 2018
Intec Pharma is a clinical-stage biopharmaceutical company focused on developing drugs based on its proprietary Accordion Pill platform technology. The Company's Accordion Pill is an oral drug delivery system that is designed to improve the efficacy and safety of existing drugs and drugs in development by utilizing an efficient gastric retention and specific release mechanism.

Gazillion, Inc.

Series C in 2017
Gazillion Entertainment, we develop, publish and operate diverse games on many platforms. Our goal: To build breakthrough experiences featuring world-class brands and original franchises, superior production quality and unmatched gameplay. Gazillion is headquartered in Foster City, CA.

Biocept

Post in 2017
Biocept, an emerging biotechnology leader in cell separation technology, is developing a new, powerful class of diagnostic assays for personalized medicine in early detection, diagnosis and monitoring of cancer. The CEEâ„¢ Cell Enrichment and Extraction platform combines sophisticated attachment chemistry with mathematically modeled fluid dynamics to enable earlier, accurate, less invasive diagnoses. Isolation, purification and analysis of rare cells are managed within their state-of-the-art CLIA-accredited laboratory. The clinical laboratory is accredited by the College of American Pathologists (CAP) and holds licenses in California and several other states.

Gazillion, Inc.

Series B in 2016
Gazillion Entertainment, we develop, publish and operate diverse games on many platforms. Our goal: To build breakthrough experiences featuring world-class brands and original franchises, superior production quality and unmatched gameplay. Gazillion is headquartered in Foster City, CA.

Smule

Series G in 2016
Smule develops music-making apps that connect people. The company was founded to enable anyone to create, discover, love, and enjoy music. The company's products include AutoRap, Magic Piano, Guitar!, I Am T-Pain, Ocarina, and more. Smule was established in 2008 and is based in San Francisco, California.

SunBasket

Series A in 2016
Sun Basket is a healthy cooking service that delivers organic ingredients and customized recipes weekly to customers' doors. It allows customers to choose meals each week or opt into a menu plan, including Paleo, Gluten-Free, and Vegetarian options. Sun Basket makes it easy to cook delicious meals, eat clean, and feel great. The company grew from sales by 1300% in 2016 and went from 0 to 1200 employees from 2014 to 2017. The service sources organic and sustainable ingredients from over 135 farms, ranches, and fishermen, featuring organic & non-GMO produce, antibiotic and hormone-free meats, and seafood that follows the Monterey Bay Aquarium sustainability standards.

Gazillion, Inc.

Series A in 2016
Gazillion Entertainment, we develop, publish and operate diverse games on many platforms. Our goal: To build breakthrough experiences featuring world-class brands and original franchises, superior production quality and unmatched gameplay. Gazillion is headquartered in Foster City, CA.

SunBasket

Venture Round in 2015
Sun Basket is a healthy cooking service that delivers organic ingredients and customized recipes weekly to customers' doors. It allows customers to choose meals each week or opt into a menu plan, including Paleo, Gluten-Free, and Vegetarian options. Sun Basket makes it easy to cook delicious meals, eat clean, and feel great. The company grew from sales by 1300% in 2016 and went from 0 to 1200 employees from 2014 to 2017. The service sources organic and sustainable ingredients from over 135 farms, ranches, and fishermen, featuring organic & non-GMO produce, antibiotic and hormone-free meats, and seafood that follows the Monterey Bay Aquarium sustainability standards.

Revel Systems

Series C in 2015
Revel Systems is a cloud-based point of sale and business management platform that helps restaurants and retailers run their businesses. Revel Essential and Revel Enterprise, are iOS-based POS platforms that combine cloud-based technology and the mobility of the iPad, which enables enterprises to provide a better customer experience, diversify revenue streams, and scale their business with ease. Revel Essentials is developed and deployed in the customer's location for the needs of small chains and merchants, while Revel Enterprise is tailored for large chains and global enterprises. The platform combines point-of-sale software with management tools, integrating inventory management, employee management, and sales reporting into a single platform, enabling merchants to build better businesses and achieve their goals. In 2010, Christopher Ciabarra and Lisa Falzone headquartered Revel Systems in Atlanta, Georgia.

RedHill Biopharma

Post in 2015
RedHill Biopharma specializes in the field of gastrointestinal and infectious diseases, constituting its primary areas of focus within the realm of specialty biopharmaceuticals. It focuses on advancing gastrointestinal and infectious diseases management through innovation, dedication, and a collective mindset of delivering on its promises.

LiquidSpace

Series C in 2014
LiquidSpace transforms the entire commercial real estate process. The LiquidSpace platform makes it easy to discover, transact, and manage your office space on flexible terms and puts the commercial real estate buyer in control. We’re removing the complexities of the traditional office rental process, and cultivating flexibility with the largest flexible office marketplace and a licensing standard that eliminates the need for complex, long-term leases. Providing on-demand workspace by the hour or day, a dedicated workspace for a month, or private office suites for your team for a year, LiquidSpace can help you compare options from the broadest network of operators at LiquidSpace.com.

Rant

Venture Round in 2014
Rant, Inc. and its expanding internet property lineup have established itself as an innovator in online media consumption. Known for the well-established brand RantSports, Rant, Inc. has recently launched RantLifestyle and RantChic to expand its reach towards the areas of lifestyle, fitness, exercise, entertainment, and celebrities. Co-founders Brett Rosin and Grant Brown founded the company in 2010 in Winfield, Illinois and began to build and manage a rich collection of 155 sports team blogs that would eventually blossom into one centralized hub known today as RantSports. In 2012, RantSports expanded its operations to offices in Downers Grove, Illinois and San Francisco, CA and in 2013, the San Francisco, CA office expanded and moved to Laguna Beach, CA where it launched new web properties. In January 2014, the company moved to a new office in Irvine, CA where its 24 full-time employees complement its expansive writing staff.

Smule

Series E in 2014
Smule develops music-making apps that connect people. The company was founded to enable anyone to create, discover, love, and enjoy music. The company's products include AutoRap, Magic Piano, Guitar!, I Am T-Pain, Ocarina, and more. Smule was established in 2008 and is based in San Francisco, California.
AmpliPhi Biosciences is a biopharmaceutical company focused on the development of an internally generated pipeline of naturally occurring viruses called bacteriophage (phage) for the treatment of bacterial infection. Phage-based therapy provides a unique and proven approach to treating a wide variety of bacterial infections and in particular, drug-resistant strains of bacteria that are commonly found in the hospital setting. We have built a drug development and manufacturing platform designed to allow rapid development and production of multiple phage-based therapies. Our plan and success relies on our ability to identify and develop selected phage to eradicate targeted bacterial infections across a wide range of bacterial disease. Initially our phage discovery and development platform will focus efforts in acute and chronic lung, sinus and gastrointestinal (GI) infections. AmpliPhi maintains operations in Richmond, Virginia in the United States, in Colworth Science Park, near London in the United Kingdom, and outside Sydney, NSW, Australia.

SOASTA

Series E in 2013
SOASTA is a performance analytics platform that enables digital business owners to gain unprecedented and continuous performance insights into their real user experience on mobile and web devices in real-time and at scale. With more than 10 million tests performed and more than 100 billion user experiences measured, SOASTA is the digital performance expert trusted by industry‐leading companies, including Experian, Gilt Groupe, Hallmark, Intuit, Microsoft, and Netflix. It was incorporated in 2006 and is headquartered in Mountain View, California with additional offices in the United States and London.

Celator Pharmaceuticals

Private Equity Round in 2013
Celator Pharmaceuticals, Inc., a biopharmaceutical company, develops therapies to treat cancer. The company focuses on CombiPlex, a drug ratio technology platform that enables to the development of combination therapies. Its products include CPX-1 (Irinotecan HCI-Floxuridine), a treatment for colorectal cancer; and CPX-351 (Cytarabine-Daunorubicin), a treatment for acute myeloid leukemia (AML). Celator Pharmaceuticals, Inc. was formerly known as Celator Technologies, Inc. The company was founded in 2000 and is headquartered in Princeton, New Jersey.

Infinilink

Series A in 2000
Infinilink s an early-stage technology company specializing in OEM products for delivering high speed digital communications.
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