Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (209)	1/26/2006 11:00:20 AM
From: Glenn Petersen	Read Replies (2) \| Respond to of 3862

Argyle Security Acquisition Corp. completed its IPO on January 25, 2006, selling 3,625,000 units at $8.00 per unit. The gross proceeds totaled $29 million, down substantially from the $100 million that the company was looking to raise when it filed its initial S-1 in mid-July. There is no word yet as to whether or not the underwriter has exercised its over-allotment option. The company is going to be focusing its acquisition efforts in the security industry. The securities are listed on the OTC Bulletin Board. The units (ARGLU.OB) are trading at $7.95 today. The common shares (ARGL.OB) and warrants (ARGLW.O) will begin trading separately at a later date. The final prospectus: sec.gov