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 (1892)	1/8/2009 11:24:36 AM
From: Glenn Petersen	Read Replies (1) of 3862

On October 7, 2008, Dekania Corp. (stock symbol: [t]DEK[/t]), which had previously announced that it had agreed to acquire Advanced Equities Financial Corp., announced that the proposed acquisition had been rejected by the shareholders of Advanced Equities. EX-99.1 2 rrd220620_26090.htm PRESS RELEASE PRESS RELEASE: Dekania Corp announces actions by Advanced Equities Financial Corp. shareholders regarding the Merger Agreement between the two companies PHILADELPHIA, October 7, 2008 Dekania Corp announced today that on October 6, 2008, it was advised by Advanced Equities Financial Corp. that a majority of its shareholders had taken action by consent "disapproving and rejecting" the merger between Dekania and Advanced Equities Financial Corp. Dekania is currently evaluating the effectiveness of the alleged shareholder action, as well as the alternatives available to it with respect to the merger and Advanced Equities Financial Corp. Contact: Dekania Corp. David Nathaniel, Chief Investment Officer 646-673-8020, dnathaniel@dekaniacorp.com idea.sec.gov

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