SUMMARY INFORMATION - COMPANIES WITH CLOSED DEALS - DECEMBER 11, 2009
ChinaCast Education Corp. (formerly Great Wall Acquisition Corporation)
Date of offering: March 19, 2004
Gross proceeds raised in offering: $27,095,850
Date of deal announcement: September 13, 2005
Number of days prior to announcement: 544
Date of deal close: December 22, 2006
Price per share (CEUC): $7.32
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Performance since IPO: 22.00%
Nasdaq Composite: 12.88%
SEC filings: sec.gov
Origin Agritech (formerly Chardan China Acquisition)
Date of offering: March 17, 2004
Gross proceeds raised in offering: $24,150,000
Date of deal announcement: December 20, 2004
Number of days prior to announcement of deal: 248
Date of deal close: November 9, 2005
Price per share (SEED): $11.64
Strike price of warrants: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Performance since IPO: 315.33%
Nasdaq Composite: 10.80%
SEC filings: sec.gov
RAM Energy Resources, Inc. (formerly Tremisis Energy Acquisition Corp.)
Date of offering: May 13, 2004
Gross proceeds raised in offering: $37,950,000
Date of deal announcement: October 21, 2005
Number of days prior to announcement: 526
Price per share (RAME): $1.55
Strike price (adjusted from $5.00): $4.25
IPO price per unit: $6.00
Original deal: One common share and two warrants
Performance since IPO: -164.17%
Nasdaq Composite: 13.72%
SEC filings: sec.gov
Hill International, Inc. (formerly Arpeggio Acquisition Corp.)
Date of offering: June 24, 2004
Gross proceeds raised in offering: $40,800,000
Date of deal announcement: December 5, 2005
Number of days prior to announcement: 529
Price per share (HIL): $6.39
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: None specified
Performance since IPO: 52.83%
Nasdaq Composite: 8.67%
SEC filings: sec.gov
St. Bernard Software, Inc. (formerly Sand Hill IT Security Acquisition Corp.)
Date of offering: July 27, 2004
Gross proceeds raised in offering: $24,660,000
Date of deal announcement: October 27, 2005
Number of days prior to announcement: 457
Price per share (SHQC): $0.20
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: IT security
Performance since IPO: -96.67%
Nasdaq Composite: 17.19%
SEC filings: sec.gov
FreeSeas, Inc. (formerly Trinity Partners Acquisition Company, Inc.)
Date offering: May 10, 2004
Gross proceeds raised in offering: $9,059,125
Date of deal announcement: January 18, 2005
Number of days prior to announcement of deal: 253
Date of deal close: December 15, 2005
Price per share (FREE): $1.34
Price per Class W warrant (FREEW): $0.05
Price per Class A warrant (FREEZ): $0.16
Strike price: $5.00
IPO price per Class A unit: $10.50
IPO price per Class B unit: $10.10
Original deal: Class A units: Two shares of common stock and ten Class W warrants;
Class B units: Two shares of common stock and two Class Z warrants
Expiration date of Class W warrants: December 31, 2009
Expiration date of Class Z warrants: July 29, 2011
Performance since IPO: -70.22%
Nasdaq Composite: 16.05%
SEC filings: sec.gov
Rand Logistics, Inc. (formerly Rand Acquisition Corporation)
Date of offering: November 2, 2004
Gross proceeds raised in offering: $27,600,000
Date of deal announcement: September 6, 2005
Number of days prior to announcement: 308
Date of deal close: March 6, 2006
Price per share (RLOG): $3.07
Strike price (adjusted from $5.00): $4.50
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: None
Performance since IPO: -96.50%
Nasdaq Composite: 10.35%
SEC filings: sec.gov
Yucheng Technologies (formerly China Unistone Acquisition Corporation)
Date of offering: November 24, 2004
Gross proceeds raised in offering: $20,700,000
Date of deal announcement: December 20, 2005
Number of days prior to announcement: 391
Date of deal close: November 24, 2006
Price per share (YTEC): $8.45
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Performance since IPO: 155.83%
Nasdaq Composite: 4.17%
SEC filings: sec.gov
Navios Maritime Holdings, Inc. (formerly International Shipping Enterprises, Inc.)
Date of offering: December 14, 2004
Gross proceeds raised in offering: $196,650,000
Date of deal announcement: March 1, 2005
Number of days prior to announcement: 76
Date of deal close: August 25, 2005
Price per share (NM): $5.79
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Shipping
Performance since IPO: 22.83%
Nasdaq Composite: 1.41%
SEC filings: sec.gov
Avantair, Inc. (formerly Ardent Acquisition Corporation)
Date of offering: February 24, 2005
Gross proceeds raised in offering: $41,400,000
Date of deal announcement: October 3, 2006
Number of days prior to announcement: 586
Date of deal close: February 22, 2007
Price per share (AAIR): $1.90
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus:
Performance since IPO: -68.33%
Nasdaq Composite: 6.76%
SEC filings: sec.gov
Great Lakes Dredge & Dock (formerly Aldabra Acquisition Corporation)
Date of offering: February 24, 2005
Gross proceeds raised in offering: $55,200,000
Date of deal announcement: June 20, 2006
Number of days prior to announcement: 481
Date of deal close: January 4, 2007
Price per share (GLDD): $6.26
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: None specified
Performance since IPO: 46.33%
Nasdaq Composite: 6.76%
SEC filings: sec.gov
Global Telecom & Technology (formerly Mercator Partners Acquisition Corp.)
Date of offering: April 15, 2005
Gross proceeds raised in offering: $59,466,500
Date of deal announcement: May 24, 2006
Number of days prior to announcement: 404
Date of deal close: October 16, 2006
Price per share share (GTLT): $1.01
Price per Class A warrant (GTLTW): $0.00
Price per Class B warrant (GTLTZ): $0.03
Strike price: $5.00
IPO price per Class A unit: $10.50
IPO price per Class B unit: $10.10
Original deal: Class A units: Two shares of Class A common stock and ten warrants;
Class B units: Two shares of Class B common stock and two warrants
Expiration date of Class W warrants: April 10, 2010
Expiration date of Class Z warrants: April 10, 2012
Performance since IPO: -79.43%
Nasdaq Composite: 14.79%
SEC filings: sec.gov
ClearPoint Business Resources, Inc. (formerly Terra Nova Acquisition Corporation)
Date of offering: April 19, 2005
Gross proceeds raised in offering: $33,120,000
Date of deal announcement: August 19, 2006
Number of days prior to announcement: 487
Date of deal close: February 12, 2007
Price per share (CPBR): $0.02
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: None specified
Performance since IPO: -99.67%
Nasdaq Composite: 13.35%
SEC filings: sec.gov
Summer Infant, Inc. (formerly KBL Healthcare Acquisition Corp. II)
Date of offering: April 27, 2005
Gross proceeds raised in offering: $55,200,000
Date of deal announcement: September 5, 2006
Number of days prior to announcement: 512
Date of deal close: March 6, 2007
Price per share (SUMR): $4.48
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Healthcare
Performance since IPO: -25.33%
Nasdaq Composite: 13.46%
SEC filings: sec.gov
Jamba, Inc. (formerly Services Acquisition Corp. International)
Date of offering: June 30, 2005
Gross proceeds raised in offering: $138,000,000
Date of deal announcement: March 13, 2006
Number of days prior to announcement: 256
Date of deal close: November 29, 2006
Price per share (JMBA): $1.74
Strike price: $6.00
IPO price per unit: $8.00
Original deal: One common share and one warrant
Performance since IPO: -78.25%
Nasdaq Composite: 6.48%
SEC filings: sec.gov
American Community Newspapers (formerly Courtside Acquisition Corp.)
Date of offering: July 1, 2005
Gross proceeds raised in offering: $82,800,000
Initial date of deal announcement: December 28, 2006
Number of days prior to announcement: 546
Date of deal close: June 28, 2007
Price per share (ACNI): $0.01
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Entertainment, media and communications
Performance since IPO: -99.83%
Nasdaq Composite: 6.46%
SEC filings: sec.gov
Aleritas Capital Corp. (originally Oakmont Acquisition Corp.)
Date of offering: July 14, 2005
Gross proceeds raised in offering: $51,450,996
Date of deal announcement: February 8, 2007
Number of days prior to announcement: 573
Date of deal close: July 18, 2007
Price per share (ARTAE): $-
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Manufacturing and distribution
Performance since IPO: -100.00%
Nasdaq Composite: 1.74%
SEC filings: sec.gov
IXI Mobile, Inc. (formerly Israel Technology Acquisition Corp.)
Date of offering: July 14, 2005
Gross procees raised in offering: $37,908,000
Date of deal announcement: March 1, 2006
Number of days prior to announcement: 229
Date of deal close: June 6, 2007
Price per share (IXMO): $0.03
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Performance since IPO: -99.50%
Nasdaq Composite: 1.74%
SEC filings: sec.gov
Juniper Content Corporation (formerly Juniper Partners Acquisition Corp.)
Date of offering: July 15, 2005
Gross procees raised in offering: $17,395,750
Date of deal announcement: August 16, 2006
Number of days prior to announcement: 397
Date of deal close: January 19, 2007
Price per share (JNPC): $0.00
Price per Class W warrant (JNPWE): $0.00
Price per Class Z warrant (JNPCZ): $0.00
Strike price: $5.00
IPO price per Class A unit: $10.50
IPO price per Class B unit: $10.10
Original deal: Class A units: Two shares of Class A common stock and ten warrants;
Class B units: Two shares of Class B common stock and two warrants
Acquisition focus: Media and entertainment industires
Expiration date for Class W warrants: July 12, 2010
Expiration date for Class Z warrants: July 12, 2012
Performance since IPO: -99.97%
Nasdaq Composite: 1.55%
SEC filings: sec.gov
Fortress International Group (formerly Fortress America Acquisition Corporation)
Date of offering: July 15, 2005
Gross procees raised in offering: $46,800,000
Date of deal announcement: June 6, 2006
Number of days prior to announcement: 326
Date of deal close: January 19, 2007
Price per share (FIGI): $0.56
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Homeland security
Performance since IPO: -90.65%
Nasdaq Composite: 1.55%
SEC filings: sec.gov
PharmAthene, Inc. (Healthcare Acquisition Corp.)
Date of offering: July 28, 2005
Gross proceeds raised in offering: $75,200,000
Date of deal announcement: January 18, 2007
Number of days prior to announcement: 529
Date of deal close: August 3, 2007
Price per share (PIP): $1.21
Strike price: $6.00
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Healthcare
Performance since IPO: -84.88%
Nasdaq Composite: -0.37%
SEC filings: sec.gov
HLS Systems International (formerly Chardan China North Acquisition Corp.)
Date of offering: August 4, 2005
Gross proceeds raised in offering: $34,500,000
Date of deal announcement: February 2, 2006
Number of days prior to announcement: 182
Date of deal close: September 20, 2007
Price per share (HOLI): $11.97
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: People's Republic of China
Performance since IPO: 331.83%
Nasdaq Composite: -0.05%
SEC filings: sec.gov
A-Power Energy Generation Systems (formerly Chardan China South Acquisition Corp.)
Date of offering: August 4, 2005
Gross proceeds raised in offering: $34,500,000
Date of deal announcement: April 14, 2007
Number of days prior to announcement: 621
Date of deal close: January 24, 2008
Price per share (APWR): $17.50
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: People's Republic of China
Performance since IPO: 608.33%
Nasdaq Composite: -0.05%
SEC filings: sec.gov
KapStone Paper and Packaging Corp. (formerly Stone Arcade Acquisition Corp.)
Date of offering: August 16, 2005
Gross proceeds raised in offering: $120,000,000
Date of deal announcement: June 26, 2006
Number of days prior to announcement: 314
Date of deal close: January 2, 2007
Price per share (KPCC): $8.27
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Paper, packaging and forest products
Performance since IPO: 146.83%
Nasdaq Composite: 2.49%
SEC filings: sec.gov
Equity Media Holdings Corp. (formerly Coconut Palm Acquisition Corp.)
Date of offering: September 9, 2005
Gross proceeds raised in offering: $69,000,000
Date of deal announcement: April 10, 2006
Number of days prior to announcement: 213
Date of deal close: April 2, 2007
Price per share (EMDAQ): $0.00
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Business and consumer services
Performance since IPO: -99.96%
Nasdaq Composite: 0.68%
SEC filings: sec.gov
ATS Corporation (formerly Federal Services Acquisition Corp.)
Date of offering: October 20, 2005
Gross proceeds raised in offering: $126,000,000
Date of deal announcement: April 20, 2006
Number of days prior to announcement: 182
Date of deal close: January 16, 2007
Price per share (ATCT): $2.50
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Federal services and defense industries
Performance since IPO: -58.33%
Nasdaq Composite: 5.91%
SEC filings: sec.gov
Chem Rx Corporation (formerly Paramount Acquisition Corp.)
Date of offering: October 24, 2005
Gross proceeds raised in offering: $58,650,000
Date of deal announcement: August 28, 2006
Number of days prior to announcement: 308
Date of deal close: October 23, 2007
Price per share (CHRX): $0.35
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Healthcare industry
Performance since IPO: -94.17%
Nasdaq Composite: 3.52%
SEC filings: sec.gov
American Apparel, Inc. (formerly Endeavor Acquisition Corp.)
Date of offering: December 15, 2005
Gross proceeds raised in offering: $129,285,960
Date of deal announcement: December 19, 2006
Number of days prior to announcement: 369
Date of deal close: December 12, 2007
Price per share (APP): $2.88
Strike price: $6.00
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: No specific industry
Performance since IPO: -103.00%
Nasdaq Composite: -3.11%
SEC filings: sec.gov
Star Bulk Carriers Corp. (formerly Star Maritime Acquisition Corp.)
Date of offering: December 16, 2005
Gross proceeds raised in offering: $200,000,000
Date of deal announcement: January 12, 2007
Number of days prior to announcement: 392
Date of deal close: November 30, 2007
Price per share (SBLK): $3.03
Price per warrant (SBLK): $0.06
Strike price: $8.00
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: Shipping industry
Expiration date for warrants: March 15, 2010
Performance since IPO: -69.10%
Nasdaq Composite: -2.76%
SEC filings: sec.gov
Smart Balance, Inc. (formerly Boulder Specialty Brands, Inc.)
Date of offering: December 19, 2005
Gross proceeds raised in offering: $102,086,720
Date of deal announcement: September 26, 2006
Number of days prior to announcement: 281
Date of deal close: May 21, 2007
Price per share (SMBL): $5.40
Strike price: $6.00
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Food and beverage industries
Performance since IPO: -40.00%
Nasdaq Composite: -1.46%
SEC filings: sec.gov
Argyle Security Acquisition Corp.
Date of offering: January 25, 2006
Gross proceeds raised in offering: $30,600,368
Date of deal announcement: December 14, 2006
Number of days prior to announcement: 323
Cash in escrow account: $29,073,971
Price per share (ARGL): $0.35
Price per warrant (ARGLW): $0.00
Strike price: $5.50
Price per unit (ARGLU): $0.50
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Security industry
Expiration date for warrants: January 24, 2011
Performance since IPO: -95.58%
Nasdaq Composite: -3.11%
SEC filings: sec.gov
Clark Holdings Corp. (formerly Global Logistics Acquisition Corporation)
Date of offering: February 16, 2006
Gross proceeds raised in offering: $88,000,000
Date of deal announcement: May 18, 2007
Number of days prior to announcement: 457
Date of deal close: February 11, 2008
Price per share (GLA): $0.48
Price per warrant (GLAW): $0.01
Strike price: $6.00
Price per unit (GLAU): $0.50
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Transportation and logistics industries
Expiration date for warrants: February 15, 2011
Performance since IPO: -93.88%
Nasdaq Composite: -4.55%
SEC filings: sec.gov
India Globalization Capital, Inc.
Date of offering: March 3, 2006
Gross proceeds raised in offering: $67,827,000
Date of deal announcement: February 12, 2007
Number of days prior to announement: 347
Date of deal close: March 6, 2008
Price per share (IGC): $1.36
Price per warrant (IGCW): $0.07
Strike price: $5.00
Price per unit (IGCU) $1.34
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: India
Expiration date for warrants: March 3, 2011
Performance since IPO: -75.00%
Nasdaq Composite: -4.88%
SEC filings: sec.gov
Pet DRx Corporation (formerly Echo Healthcare Acquisition Corp.)
Date of offering: March 17, 2006
Gross proceeds raised in offering: $57,500,000
Date of deal announcement: September 11, 2006
Number of days prior to announcement: 178
Date of deal close: January 7, 2008
Price per share (VETS): $0.34
Price per warrant (VETSW): $0.01
Strike price: $6.00
Price per unit (VETSU) $0.35
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Healthcare
Expiration date for warrants: March 17, 2010
Performance since IPO: -95.66%
Nasdaq Composite: -5.04%
SEC filings: sec.gov
General Finance Corp.
Date of offering: April 5, 2006
Gross proceeds raised in offering: $69,000,000
Date of deal announcement: September 12, 2006
Number of days prior to announcement: 184
Date of deal close: September 11, 2007
Price per share (GFN): $1.10
Price per warrant (GFNWU): $0.04
Strike price: $6.00
Price per unit (GFBCU) $1.30
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Specialty finance
Expiration date for warrants: April 5, 2010
Performance since IPO: -85.75%
Nasdaq Composite: -7.18%
SEC filings: sec.gov
China Cablecom, Ltd. (formerly Jaguar Acquisition Corporaiton)
Date of offering: April 10, 2006
Gross proceeds raised in offering: $28,300,000
Date of deal announcement: September 27, 2007
Number of days before announcement: 537
Date of deal close: June 9, 2008
Price per share (CABL): $0.70
Price per warrant (CABLW): $0.05
Strike price: $5.00
Price per unit (CABLU): $0.75
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Financial services
Percentage of non-insider shares that can block an acquisition: 20%
Expiration date for warrants: April 4, 2010
Performance since IPO: -86.70%
Nasdaq Composite: -6.13%
SEC filings: sec.gov
InfuSystem Holdings, Inc. (formerly HAPC, Inc.)
Date of offering: April 12, 2006
Gross proceeds raised in offering: $101,251,506
Date of deal announcement: October 2, 2006
Number of days prior to announcement: 173
Date of deal close: October 24, 2007
Price per share (INHI): $2.50
Price per warrant (INHIW): $0.06
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Healthcare
Expiration date for warrants: April 11, 2011
Performance since IPO: -56.33%
Nasdaq Composite: -5.37%
SEC filings: sec.gov
Tongxin International Ltd. (formerly Asia Automotive Acquisition Corp.)
Date of offering: April 12, 2006
Gross proceeds raised in offering: $40,250,000
Date of deal announcement: July 23, 2007
Number of days prior to announcement: 471
Date of deal close: April 17, 2008
Price per share (TXIC): $9.02
Price per warrant (TXICW): $4.00
Strike price: $5.00
Price per unit (TXICU): $13.25
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Automotive components in either India or China
Percentage of non-insider shares that can block an acquisition: 20%
Expiration date for warrants: April 10, 2011
Performance since IPO: 62.75%
Nasdaq Composite: -5.37%
SEC filings: sec.gov
Community Bankers Trust (formerly Community Bankers Acquisition Corp.)
Date of offering: June 5, 2006
Gross proceeds raised in offering: $60,000,000
Date of deal announcement: September 6, 2007
Number of days prior to announcement: 406
Date of deal close: May 30, 2008
Price per share (BTC): $2.59
Price per warrant (BTC-WT): $0.16
Strike price: $5.00
Price per unit (BTC-U): $3.33
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Banking industry
Percentage of non-insider shares that can block an acquisition:
Expiration date for warrants: June 4, 2011
Performance since IPO: -65.63%
Nasdaq Composite: 0.95%
SEC filings: sec.gov
Millennium India Acquisition Company, Inc.
Date of offering: July 21, 2006
Gross proceeds raised in offering: $58,000,000
Date of deal announcement: May 15, 2007
Number of days prior to announcement: 365
Date of deal close: January 22, 2008
Price per share (SMCG): $1.57
Price per warrant (SMCGW): $0.02
Strike price: $6.00
Price per unit (SMCGU): $1.46
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: India
Expiration date for warrants: July 19, 2010
Performance since IPO: -80.11%
Nasdaq Composite: 8.41%
SEC filings: sec.gov
Global Ship Lease, Inc. (formerly Marathon Acquisition Corp.)
Date of offering: August 25, 2006
Gross proceeds raised in offering: $320,286,200
Date of deal announcement: February 20, 2008
Number of days prior to announcement: 544
Date of deal close: August 14, 2008
Price per share (GSL): $1.26
Price per warrant (GSL-WT): $0.02
Strike price: $6.00
Price per unit (GSL-U): $1.32
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: No specific industry
Percentage of non-insider shares that can block an acquisition: 20%
Expiration date for warrants: August 24, 2010
Performance since IPO: -84.00%
Nasdaq Composite: 2.34%
SEC filings: sec.gov
Energy Services of American (formerly Energy Services Acquisition Corp).
Date of offering: August 30, 2006
Gross proceeds raised in offering: $51,600,000
Date of deal announcement:
Number of days prior to announcement:
Date of deal close: August 15, 2008
Price per share (ESA): $2.93
Price per warrant (ESA-W): $0.60
Strike price: $5.00
Price per unit (ESA-U): $4.30
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Energy services industry
Percentage of non-insider shares that can block an acquisition: 20%
Expiration date for warrants: August 29, 2011
Performance since IPO: -31.17%
Nasdaq Composite: 0.21%
SEC filings: sec.gov
Primoris Services Corporation (formerly Rhapsody Acquisition Corp.)
Date of offering: October 10, 2006
Gross proceeds raised in offering: $41,400,000
Date of deal announcement: February 20, 2008
Number of days prior to announcement: 498
Date of deal close: July 31, 2008
Price per share (PRIM): $8.16
Price per warrant (PRIMW) $3.04
Strike price: $6.00
Price per unit (PRIMU): $11.00
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: No specific industry
Percentage of non-insider shares that can block an acquisition: 20%
Expiration date for warrants: October 2, 2010
Performance since IPO: 40.00%
Nasdaq Composite: -5.40%
SEC filings: sec.gov
Funtalk China Holdings Ltd. (formerly Pypo China Holdings Limited and Middle Kingdom Alliance Corp.)
Date of offering: December 14, 2006
Gross proceeds raised in offering: $29,164,040
Date of deal announcement: September 5, 2008
Number of days prior to announcement: 631
Date of deal close: June 29,2009
Price per Class A share (FTLK): $9.50
Price per Class A warrant (FTLMF): $2.15
Price per Class B warrant (FTLUF): $1.60
Strike price: $5.00
Price per Class A unit (FTLZF): $15.00
Price per Class B unit (FTLHF): $9.50
IPO price per Class A unit: $8.00
IPO price per Class B unit: $8.00
Original deal: Each Series A unit consists of one share of common stock and
five warrants; each Series B unit consists of one share of Series B common
stock and one redeemable Series B warrant
Acquisition focus: China
Percentage of non-insider shares that can block an acquisition: 20%
Expiration date for warrants: December 13, 2013
Performance since IPO: 38.75%
Nasdaq Composite: -10.74%
SEC filings: sec.gov
China Cord Blood Corp. (formerly Pantheon China Acquisition Corp.)
Date of offering: December 14, 2006
Gross proceeds raised in offering: $34,500,000
Date of deal announcement: November 11, 2008
Number of days prior to announcement: 696
Date of deal close: July 1, 2009
Price per share (CO): $5.78
Price per warrant (CNDWF): $1.00
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: China
Percentage of non-insider shares that can block an acquisition: 40% (amended from 20%)
Expiration date for warrants: December 13, 2010
Performance since IPO: 29.67%
Nasdaq Composite: -10.74%
SEC filings: sec.gov
GLG Partners, Inc. (formerly Freedom Acquisition Holdings)
Date of offering: December 22, 2006
Gross proceeds raised in offering: $528,000,000
Date of deal announcement: June 25, 2007
Number of days prior to announcement: 185
Date of deal close: November 2, 2007
Price per share (GLG): $3.30
Price per warrant (GLG-WT): $0.15
Strike price: $7.50
Price per unit (GLG-U): $3.30
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: No specific industry
Expiration date for warrants: December 28, 2011
Performance since IPO: -65.50%
Nasdaq Composite: -8.78%
SEC filings: sec.gov
UIB Group Limited (formerly ChinaGrowth North Acquisition Corp.)
Date of offering: January 25, 2007
Gross proceeds raised in offering: $39,920,000
Date of deal announcement: May 27, 2008
Number of days prior to announcement: 488
Date of deal close: February 27, 2009
Price per share (CGNYF): $4.60
Price per warrant (CGNQF): $0.18
Strike price: $6.00
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: China, north of the Yangtze River
Percentage of non-insider shares that can block an acquisition: 20%
Expiration date for warrants: January 23, 2011
Performance since IPO: -40.25%
Nasdaq Composite: -10.02%
SEC filings: sec.gov
ChinaGrowth South Acquisition Corp.
Date of offering: January 25, 2007
Gross proceeds raised in offering: $40,108,000
Date of deal announcement: July 22, 2008
Number of days prior to announcement: 543
Date of deal close: February 27, 2009
Price per share (CGSXF): $4.10
Price per warrant (CGSQF): $0.19
Strike price: $6.00
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: China, south of the Yangtze River
Percentage of non-insider shares that can block an acquisition: 20%
Expiration date for warrants: January 23, 2011
Performance since IPO: -46.38%
Nasdaq Composite: -10.02%
SEC filings: sec.gov
Information Services Group
Date of offering: February 1, 2007
Gross proceeds raised in offering: $258,750,000
Date of deal announcement: April 24, 2007
Number of days prior to announcement: 82
Date of deal close: November 16, 2007
Price per share (III): $3.01
Price per warrant (IIIIW): $0.07
Strike price: $6.00
Price per unit (IIIIU): $2.14
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Information services
Expiration date for warrants: January 31, 2011
Performance since IPO: -61.49%
Nasdaq Composite: -11.27%
SEC filings: sec.gov
Barzel Industries (formerly Novamerican Steel and Symmetry Holdings, Inc.)
Date of offering: March 8, 2007
Gross proceeds raised in offering: $150,000,000
Date of deal announcement: June 21, 2007
Number of days prior to announcement: 107
Date of deal close: November 15, 2007
Price per share (TPUT): $0.01
Price per warrant (TPUT): $-
Strike price: $5.50
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Basic industry sectors, including energy, in North America
Expiration date for warrants: March 7, 2011
Performance since IPO: -99.90%
Nasdaq Composite: -8.27%
SEC filings: sec.gov
Essex Rental Corp. (formerly Hyde Park Acquisition Corp. and Rand Acquisition II)
Date of offering: March 8, 2007
Gross proceeds raised in offering: $103,500,000
Date of deal announcement: March 6, 2008
Number of days prior to announcement: 365
Date of deal close: October 31, 2008
Price per share (ERNT): $5.40
Price per warrant (ERNTW): $0.97
Strike price: $5.00
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: No particular industry
Percentage of non-insider shares that can block an acquisition: 20%
Expiration date for warrants: March 4, 2011
Performance since IPO: -20.38%
Nasdaq Composite: -8.27%
SEC filings: sec.gov
China Gerui Advanced Materials Group (formerly Golden Green Enterprises Limited and China Opportunity Acquisition Corp.)
Date of offering: March 21, 2007
Gross proceeds raised in offering: $41,400,000
Date of deal announcement: November 13, 2008
Number of days prior to announcement: 604
Price per share (CHOP): $5.55
Price per warrant (CHOPW): $1.22
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: China
Percentage of non-insider shares that can block an acquisition: 40%
Expiration date for warrants: March 19, 2011
Performance since IPO: 33.13%
Nasdaq Composite: -10.82%
SEC filings: sec.gov
Cyalume Technologies Holdings (formerly Vector Intersect Security Acquisition Corp.)
Date of offering: April 26, 2007
Gross proceeds raised in offering: $58,500,000
Date of deal announcement: February 14, 2008
Number of days prior to announcement: 294
Date of deal close: December 19, 2008
Price per share (CYLU): $3.50
Price per warrant (CYLUW): $0.36
Strike price: $5.00
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Homeland security
Percentage of non-insider shares that can block an acquisition: 20%
Expiration date for warrants: April 25, 2012
Performance since IPO: -51.75%
Nasdaq Composite: -14.26%
SEC filings: sec.gov
Westway Group, Inc. (formerly Shermen WSC Acquisition Corp.)
Date of offering: May 24, 2007
Gross proceeds raised in offering: $138 million
Date of deal announcement: November 26, 2008
Number of days prior to announcement: 551
Date of deal close: May 28, 2009
Price per share (WTWG: $4.12
Price per warrant (WTWGW): $0.30
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Agricultural industry
Percentage of non-insider shares that can block an acquisition: 40%
Expiration date for warrants: May 24, 2011
Performance since IPO: -21.33%
Nasdaq Composite: -13.70%
SEC filings: sec.gov
Vantage Drilling Company (formerly Vantage Energy Services, Inc.)
Date of offering: May 24, 2007
Gross proceeds raised in offering: $276,000,000
Date of deal announcement: 98
Number of days prior to announcement: August 30, 2007
Date of deal close: June 10, 2008
Price per share (VTG): $1.70
Price per warrant (VTG-WT): $0.10
Strike price: $6.00
Price per unit (VTG-U): $1.93
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Oilfield Services
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: May 24, 2011
Performance since IPO: -77.50%
Nasdaq Composite: -13.70%
SEC filings: sec.gov
Boise, Inc. (formerly Aldabra 2 Acquisition Corp.)
Date of offering: June 19, 2007
Gross proceeds raised in offering: $414,000,000
Date of deal announcement: September 7, 2007
Number of days prior to announcement: 80
Date of deal close: February 5, 2008
Price per share (BZ): $5.04
Price per warrant (BZ-WT): $0.60
Strike price: $7.50
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: None specified
Expiration date for warrants: June 18, 2011
Performance since IPO: -43.60%
Nasdaq Composite: -16.62%
SEC filings: sec.gov
Si Mei Te Food Limited (formerly China Discovery Acquisition Corporation)
Date of offering: June 21, 2007
Gross proceeds raised in offering: $34,500,000
Date of deal announcement: April 14, 2009
Number of days prior to announcement: 663
Date of deal close: June 26, 2009
Price per share (CADQ): $2.90
Price per warrant (CADWE): $0.10
Strike price: $5.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: China
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: June 17, 2011
Performance since IPO: -48.33%
Nasdaq Composite: -16.30%
SEC filings: sec.gov
China Networks International Holdings, Ltd. (Alyst Acquisition Corp.)
Date of offering: June 29, 2007
Gross proceeds raised in offering: $64,352,000
Date of deal announcement: August 18, 2008
Number of days prior to announcement: 416
Date of deal close: June 29, 2009
Price per share (CNWHF): $1.70
Price per warrant (CHNWF): $0.03
Strike price: $5.00
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Telecommunications
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: June 28, 2011
Performance since IPO: -78.38%
Nasdaq Composite: -15.86%
SEC filings: sec.gov
Great American Group, Inc. (formerly Alternative Asset Management and Hanover-STC Acquisition Corp.)
Date of offering: August 3, 2007
Gross proceeds raised in offering: $414,000,000
Date of first deal announcement: March 13, 2008
Number of days prior to announcement: 223
Date of first deal termination: June 23, 2008
Date of second deal announcement: May 14, 2009
Date of deal close: July 31, 2009
Price per share (GAMR): $3.35
Strike price: $7.50
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: Alternative asset management
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: August 1, 2012
Performance since IPO: -61.50%
Nasdaq Composite: -14.97%
SEC filings: sec.gov
CNC Development, Ltd. (formerly InterAmerican Acquisition Group, Inc.)
Date of offering: September 10, 2007
Gross proceeds raised in offering: $46,000,000
Date of deal announcement: May 18, 2008
Number of days prior to announcement: 252
Date of deal close: September 9, 2009
Price per share (CDLV): $1.50
Price per warrant (CDLW): $0.20
Strike price: $5.00
Price per unit (CDLU): $4.00
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Mexico and Latin America
Percentage of non-insider shares that can block an acquisition: 20%
Expiration date for warrants: September 4, 2011
Performance since IPO: -78.75%
Nasdaq Composite: -14.63%
Original SEC filings: sec.gov
Redomesticated company SEC filings: sec.gov
Seanergy Maritime Corp.
Date of offering: September 18, 2007
Gross proceeds raised in offering: $231,000,000
Date of deal announcement: May 21, 2008
Number of days prior to announcement: 246
Date of deal close: August 27, 2008
Price per share (SHIP): $4.20
Price per warrant (SHIP-WT): $0.22
Strike price: $6.50
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: Shippping
Percentage of non-insider shares that can block an acquisition: 35%
Expiration date for warrants: September 24, 2011
Performance since IPO: -55.80%
Nasdaq Composite: -15.16%
SEC filings: sec.gov
Resolute Natural Resources Corp. (formerly Hicks Acquisition Company I, Inc.)
Date of offering: October 3, 2007
Deadline for acquisition: October 3, 2009
Gross proceeds raised in offering: $552,000,000
Date of first deal announcement: June 30, 2008
Number of days prior to announcement: 271
Date of first deal termination: July 31, 2009
Date of second deal close: October 3, 1009
Price per share (REN): $11.00
Price per warrant (REN-WT): $2.14
Strike price: $7.50
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: None
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: September 28, 2011
Performance since IPO: 31.40%
Nasdaq Composite: -20.27%
SEC filings: sec.gov
United Insurance Holdings (formerly FMG Acquisition Corp.)
Date of offering: October 5, 2007
Gross proceeds raised in offering: $37,869,000
Date of deal announcement: April 2, 2008
Number of days prior to announcement: 180
Date of deal close: September 29, 2008
Price per share (UIHC): $3.75
Price per warrant (UIHCW): $0.70
Strike price: $6.00
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Insurance industry
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: October 4, 2011
Performance since IPO: -44.38%
Nasdaq Composite: -19.87%
SEC filings: sec.gov
China MediaRxpress (formerly TM Entertainment and Media, Inc.)
Date of offering: October 18, 2007
Gross proceeds raised in offering: $82,040,000
Date of deal announcement: May 4, 2009
Number of days prior to announcement: 564
Date of deal close: October 16, 2009
Price per share (TMI): $12.04
Price per warrant (TMI-WT): $5.00
Strike price: $5.50
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Entertainment and media
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: October 17, 2011
Performance since IPO: 113.00%
Nasdaq Composite: -21.57%
SEC filings: sec.gov
Stream Global Services (formerly Global BPO Services Corp.)
Date of offering: October 18, 2007
Gross proceeds raised in offering: $250,000,000
Date of deal announcement: January 28, 2008
Number of days prior to announcement: 102
Date of deal close: July 31, 2008
Price per share (SGS): $6.12
Price per warrant (SGS-WT): $0.49
Strike price: $6.00
Price per unit (SGS-U): $6.90
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Business processing outsourcing
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: October 17, 2011
Performance since IPO: -17.38%
Nasdaq Composite: -21.57%
SEC filings: sec.gov
Retail Opportunity Investment Corp. (formerly NRDC Acquisition Corp.)
Date of offering: October 18, 2007
Gross proceeds raised in offering: $414,000,000
Date of transaction announcement: August 10, 2009
Number of days prior to announcement: 662
Date of transaction close: October 20, 2009
Price per share (ROIC): $10.27
Price per warrant (ROICW): $1.17
Strike price: $12.00
Price per unit (ROICU): $10.50
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: None
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: October 17, 2011
Performance since IPO: 14.40%
Nasdaq Composite: -21.57%
SEC filings: sec.gov
Ultimate Escapes, Inc. (formerly Secure America Acquisition Corp.)
Date of offering: October 24, 2007
Gross proceeds raised in offering: $80,000,000
Date of transaction announcement: September 3, 2009
Number of days prior to announcement: 680
Date of transaction close: October 29, 2009
Price per share (UEI): $4.20
Price per warrant (UEI-WT): $0.22
Strike price: $8.80
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Homeland security
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: October 29, 2013
Performance since IPO: -44.75%
Nasdaq Composite: -21.75%
SEC filings: sec.gov
Cullen Agricultural Holding (formerly Triplecrown Acquisition Corp.)
Date of offering: October 24, 2007
Gross proceeds raised in offering: $552,000,000
Date of transaction announcement: September 8, 2009
Number of days prior to announcement: 685
Date of deal close: October 22, 2009
Price per share (CAGZ): $6.10
Price per warrant (CAGZW): $0.10
Strike price: $12.00
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: Financial services
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: October 21, 2013
Performance since IPO: -37.93%
Nasdaq Composite: -21.75%
Original company SEC filings: sec.gov
Redomesticated company SEC filings: sec.gov
ARMOUR Residential REIT (formerly Enterprise Acquisition Corp.)
Date of offering: November 7, 2007
Gross proceeds raised in offering: $250,000,000
Date of deal announcement: July 29,2009
Number of days prior to announcement: 631
Date of deal close: November 5, 2009
Price per share (EST): $7.43
Price per warrant (EST-W): $0.25
Strike price: $11.00
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: None
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: November 7, 2013
Performance since IPO: -23.20%
Nasdaq Composite: -22.47%
SEC filings: sec.gov
Two Harbors Investment Corp. (formerly Capitol Acquisition Corp.)
Date of offering: November 9, 2007
Gross proceeds raised in offering: $262,490,000
Date of dealannouncement: June 11, 2009
Number of days prior to announcement: 581
Date of deal close: Octiber 28, 2009
Price per share (TWO): $9.71
Price per warrant (TWO-WT): $0.57
Strike price: $11.00
IPO price per unit: $10.00
Original deal: One common share and two warrants
Acquisition focus: None
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: November 7, 2013
Performance since IPO: 2.80%
Nasdaq Composite: -18.76%
SEC filings: sec.gov
Exceed International Ltd. (formerly 2020 ChinaCap Acquirco, Inc.)
Date of offering: November 9, 2007
Gross proceeds raised in offering: $69,000,000
Date of deal announcement: May 11, 2009
Number of days prior to announcement: 549
Date of deal close: October 21, 2009
Price per share (EDS): $9.27
Price per warrant (EDSWW): $2.61
Strike price: $5.25
Price per unit (EDSUU): $11.25
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: China
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: November 8, 2011
Performance since IPO: 48.50%
Nasdaq Composite: -18.76%
Original company SEC filings: sec.gov
Heckmann Corporation
Date of offering: November 13, 2007
Gross proceeds raised in offering: $432,934,400
Date of deal announcement: May 20, 2008
Number of days prior to announcement: 190
Date of deal close: October 31, 2008
Price per share (HEK): $4.83
Price per warrant (HEK-WT): $0.87
Strike price: $6.00
Price per unit $5.75
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: None
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: November 9, 2011
Performance since IPO: -28.75%
Nasdaq Composite: -15.24%
SEC filings: sec.gov
Kennedy-Wilson Holdings, Inc. (formerly Prospect Acquisition Corp.)
Date of offering: November 15, 2007
Gross proceeds raised in offering: $250,000,000
Date of deal announcement: September 9, 2009
Number of days prior to announcement: 571
Date of deal close: November 13, 2009
Price per share (KWIC): $9.25
Price per warrant (KWIC-WT): $0.60
Strike price: $12.50
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: Financial services industry
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: November 14, 2013
Performance since IPO: -1.50%
Nasdaq Composite: -17.17%
SEC filings: sec.gov
China Ceramics Co., Inc. (formerly China Holdings Acquisition Corp.)
Date of offering: November 16, 2007
Gross proceeds raised in offering; $128,000,000
Date of deal announcement: July 21, 2008
Number of days prior to announcement: 249
Date that first deal was terminated: Unknown
Date of second deal announcement: August 7, 2009
Date of deal close: November 20, 2009
Price per share (HOL): $9.06
Price per warrant (HOL-WT): $1.22
Strike price: $7.50
Price per unit (HOL-U): $9.51
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: China
Percentage of non-insider shares that can block an acquisition: 33 1/3%
Expiration date for warrants: November 16, 2012
Performance since IPO: 2.80%
Nasdaq Composite: -16.35%
SEC filings: sec.gov
SearchMedia Holdings Limited (formerly Ideation Acquisition Corp.)
Date of offering: November 21, 2007
Gross proceeds raised in offering; $80,000,000
Date of deal announcement: April 1, 2009
Number of days prior to announcement: 497
Date of deal close: October 30, 2009
Price per share (IDI): $7.85
Price per warrant (IDI-WT): $2.40
Strike price: $6.00
Price per unit (IDI-U): $11.01
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Digital media
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: November 19, 2011
Performance since IPO: 28.13%
Nasdaq Composite: -15.65%
SEC filings: sec.gov
Western Liberty Bankcorp (formerly Global Consumer Acquisition Corp.)
Date of offering: November 21, 2007
Gross proceeds raised in offering: $319,488,500
Date of deal announcement: July 13, 2009
Number of days prior to annoucement: 600
Date of deal close: October 9, 2009
Price per share (WLBC): $7.10
Price per warrant (WLBC-WT): $0.83
Strike price: $12.50
Price per unit (WLBC-U): $8.50
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: Global consumer products
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: October 9, 2016
Performance since IPO: -20.70%
Nasdaq Composite: -15.65%
SEC filings: sec.gov
National University Holdings, Inc. (formerly Camden Learning Corp.)
Date of offering: November 30, 2007
Gross proceeds raised in offering: $53,010,400
Date of deal announcement: August 10, 2009
Number of days prior to announcement: 557
Date of deal close: November 23, 2009
Price per share (CAEL): $8.00
Strike price: $5.50
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Education
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date for warrants: November 29, 2011
Performance since IPO: 6.25%
Nasdaq Composite: -17.91%
SEC filings: sec.gov
Hughes Telematics, Inc. (formerly Polaris Acquisition Corp.)
Date of offering: January 17, 2008
Gross proceeds raised in offering: $150,000,000
Date of deal announcement: June 16, 2008
Number of days prior to announcement: 151
Date of deal close: March 31, 2009
Price per share (HTC): $4.30
Price per warrant (HTC-WT): $0.08
Strike price: $7.00
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: None
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date of warrants: January 10, 2012
Performance since IPO: -56.20%
Nasdaq Composite: -8.53%
SEC filings: sec.gov
Iridium Communications, Inc. (formerly GHL Acquisition Corp.)
Date of offering: February 19, 2008
Gross proceeds raised in offering: $400,000,000
Date of deal announcement: September 23, 2008
Number of days prior to announcement: 217
Date of deal close: September 29, 2009
Price per share (IRDM): $8.25
Price per warrant (IRDMW): $3.15
Strike price: $7.00
Price per unit (IRDM): $14.00
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: None
Percentage of non-insider shares that can block an acquisition: 30%
Expiration date of warrants: February 14, 2013
Performance since IPO: 14.00%
Nasdaq Composite: -5.66%
SEC filings: sec.gov
AutoChina International, Ltd. (formerly Spring Creek Acquisition Corp.)
Date of offering: February 28, 2008
Gross proceeds raised in offering: $41,400,000
Date of deal announcement: February 5, 2009
Number of days prior to announcement: 343
Date of deal close: April 9, 2009
Price per share (AUTC): $21.85
Price per warrant (AUTC): $16.78
Strike price: $5.00
Price per unit (AUTC): $40.10
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: China
Percentage of non-insider shares that can block an acquisition: 40%
Expiration date of warrants: February 26, 2013
Performance since IPO: 382.88%
Nasdaq Composite: -6.94%
SEC filings: sec.gov |
