American Stock Exchange Lists Units of BPW Acquisition Corp.
Wednesday February 27, 11:05 am ET
NEW YORK, Feb. 27 /PRNewswire/ -- The American Stock Exchange® (Amex®) today lists the units of BPW Acquisition Corp. under the ticker symbol BPW.U. The offering size is 35,000,000 units at $10.00 per unit for gross proceeds of $350,000,000 (excluding the underwriters' over-allotment option). One unit equals one share of common stock and one warrant. Initially, the units will be the only security trading. Citigroup Global Markets Inc. is the lead underwriter on this IPO.
BPW Acquisition Corp. is a newly formed special purpose acquisition company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more operating businesses. The Company will focus on a business combination or combinations in the financial services or business services industries, but may effect a business combination with a business outside those industries.
"We are pleased to welcome BPW Acquisition Corp. to the American Stock Exchange," said Neal Wolkoff, Chairman and CEO, of Amex. "The Amex looks forward to supporting BPW Acquisition as it seeks to convey its value proposition to a greater number of investors."
The specialist in BPW Acquisition Corp. is Cohen Specialists LLC. For further information on BPW.U and other Amex-listed companies, please visit www.amex.com.
About American Stock Exchange
The American Stock Exchange® (Amex®) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 380 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit www.amex.com.
Source: American Stock Exchange
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