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Technology Stocks : Blank Check IPOs (SPACS)

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To: Glenn Petersen who wrote (400)3/12/2006 2:22:07 AM
From: chuckmicro  Read Replies (1) of 3862
 
Hi Glen,

Question on the Grubb & Ellis Reality IPO. The 2/28/06 release stated the exercise price of the warrants was $6.00. However, the 2/24/06 summary information you listed gave the exercise price as
$5.00. The $5.00 exercise price is more in line with the general practice of these IPO's.

I have been unable to verify which price is correct. Would appreciate it if you could find out.

And I want to thank you, thank you, thank you for all the work you have done on providing us with this wonderful information on the Blank Check Companies.

Chuck
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