Blank Check IPOs (SPACS) Message Board

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Technology Stocks : Blank Check IPOs (SPACS)

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To: Glenn Petersen who wrote (369)	3/1/2006 11:12:45 PM
From: Glenn Petersen	Read Replies (1) of 3862

Global Logistics Acquisition Corp. has announced that its underwriter exercised the entire over-allotment option and purchased an additional 1,000,000 units, bringing the total number of units sold in the offering to 11,000,000. The total gross proceeds raised in the IPO were $88,000,000, of which $84,480,000, equal to $7.68 per share, was placed into a trust account. biz.yahoo.com

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