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

To: SPACPLAYER who wrote (227)	7/27/2005 3:36:52 PM
From: Glenn Petersen	Respond to of 3862

It will not have a significant impact. According to the final prospectus for Oakmont, of the $48 million raised in the IPO, $43,140,000, equal to $5.39 per non-insider share, went into escrow. Eight million shares were sold in the offering. The prospectus further disclosed that if the over-allotment option were excercised in full, resulting in the issuance of an additional 1.2 million shares, $49,836,000, equal to $5.42 per non-insider share, would have been put into escrow. The partial exercise of the over-allotment option probably added a penny and a half to the per share totals. sec.gov