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


To: Glenn Petersen who wrote (369)3/1/2006 11:12:45 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 3862
 
Global Logistics Acquisition Corp. has announced that its underwriter exercised the entire over-allotment option and purchased an additional 1,000,000 units, bringing the total number of units sold in the offering to 11,000,000. The total gross proceeds raised in the IPO were $88,000,000, of which $84,480,000, equal to $7.68 per share, was placed into a trust account.

biz.yahoo.com