SUMMARY INFORMATION - MARCH 4, 2005
Companies Without Deals
CEA Acquisition, Inc. (CEAC, CEACW)
Date of offering: February 13, 2004
Deadline for acquisition: August 13, 2005
Price per share: $5.33
Cash per share: $5.10
Price per warrant: $1.00
Strike price: $5.00
Great Wall Acquisition Corporation (GWAQ, GWAQW)
Date of offering: March 19, 2004
Deadline for acquisition: September 19, 2005
Price per share: $5.30
Cash per share: $5.13
Price per warrant: $.80
Strike price: $5.00
Tremisis Energy Acquisition Corp. (TEGY, TEGYW)
Date of offering: May 13, 2004
Deadline for acquisition: November 13, 2005
Price per share: $5.45
Cash per share: $5.18
Price per warrant: $.83
Strike price: $5.00
Arpeggio Acquisition Corp. (APGO, APGOW)
Date of offering: June 24, 2004
Deadline for acquisition: December 24, 2005
Price per share: $5.40
Cash per share: $5.14
Price per warrant: $1.04
Strike price: $5.00
Sand Hill IT Security Acquisition Corp. (SHQC, SHQCW)
Date of offering: July 27, 2004
Deadline for acquisition: January 27, 2006
Price per share: $5.21
Cash per share: $5.10
Price per warrant: $.87
Strike price: $5.00
China Mineral Acquisition Corporation (CMAQ, CMAQW)
Date of offering: August 30, 2004
Deadline for acquisition: March 2, 2006
Price per share: $5.19
Cash per share: $5.10
Price per warrant: $.78
Strike price: $5.00
Rand Acquisition Corporation (RAQC, RAQCW)
Date of offering: November 2, 2004
Deadline for acquisition: May 2, 2006
Price per share: $5.25
Cash per share: $5.16
Price per warrant: $.97
Strike price: $5.00
China Unistone Acquisition Corporation (CUAQ, CUAQW)
Date of offering: November 24, 2004
Deadline for acquisition: May 24, 2006
Price per share: $5.56
Cash per share: $5.10
Price per warrant: $7.45
Strike price: $5.00
Millstream II Acquisition Corp. (MSMA, MSMAW)
Date of offering: December 23, 2004
Deadline for acquisition: June 23, 2006
Price per share: $5.29
Cash per share: $5.10
Price per warrant: $.84
Strike price: $5.00
Coastal Bancshares Acquisition Corp. (CBAS, CBASW)
Date of offering: February 14, 2005
Deadline for acquisition: August 14, 2006
Price per share: $5.05
Cash per share: $5.16
Price per warrant: $.74
Strike price: $5.00
Ardent Acquisition Corporation (AACQ, AACQW, AACQU)
Date of offering: February 24, 2005
Deadline for acquisition: August 24, 2006
Price per share: Not trading yet
Cash per share: $5.20
Price per warrant: Not trading yet
Strike price: $5.00
Price per unit: $6.60
Aldabra Acquisition Corporation (ALBA, ALBAW)
Date of offering: February 24, 2005
Deadline for acquisition: August 24, 2006
Price per share: $5.25
Cash per share: $5.33
Price per warrant: $.73
Strike price: $5.00
Companies With Deals That Have Not Closed
Chardan China Acquisition (CAQC, CAQCW)
Date of offering: March 17, 2004
Date of deal announcement: December 20, 2004
Number of days prior to announcement of deal: 248
Price per share: $7.20
Price per warrant: $2.27
Strike price: $5.00
Trinity Partners Acquisition Company, Inc. (TPQCA, TPQCB, TPQCAW, TPQCAL)
Date offering: May 10, 2004
Date of deal announcement: January 18, 2005
Number of days prior to announcement of deal: 253
Price per share (Class A): $5.10
Price per share (Class B): $5.45
Price per warrant (TPQCAW): $1.15
Price per warrant (TPQCAL): $1.10
Strike price: $5.00
International Shipping Enterprises, Inc. (ISHP, ISHPW)
Date of offering: December 14, 2004
Date of deal announcement: March 1, 2005
Number of days prior to announcement: 76
Price per share: $6.67
Price per warrant: $1.92
Strike price: $5.00
Companies With Completed Deals
NationsHealth, Inc. (formerly Millstream Acquisition Corporation) (NHRX, NHRXW)
Date of offering: August 25, 2003
Date of deal announcement: March 9, 2004
Number of days prior to announcement: 196
Date of deal close: August 31, 2004
Price per share: $5.38
Price per warrant: $1.53
Strike price: $5.00
Companies In Registration
Mercator Partners Acquisition Corp.
Date of initial filing: January 25, 2005
Estimated proceeds: $51,710,000
Underwriter: HCFP/Brenner Securities LLC
Terra Nova Acquisition Corporation
Date of initial filing: February 1, 2005
Estimated proceeds: $18,000,000
Underwriter: EarlyBirdCapital, Inc.
Services Acquisition Corp. International
Date of initial filing: February 14, 2005
Estimated proceeds: $40,000,000
Underwriter: Broadband Capital Management LLC
International Metal Enterprises, Inc.
Date of initial filing: February 23, 2005
Estimated proceeds: $180,000,000
Underwriter: Sunrise Securities Corp.
KBL Healthcare Acquisition Corp. II
Date of initial filing: February 25, 2005
Estimated proceeds: $30,000,000
Underwriter: EarlyBirdCapital, Inc.
Juniper Partners Acquisition Corp.
Date of initial filing: February 28, 2005
Estimated proceeds: $15,250,000
Underwriter: HCFP/Brenner Securities LLC |
