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

To: Glenn Petersen who wrote (431)	3/27/2006 8:17:54 PM
From: Glenn Petersen	Respond to of 3862

Acquicor Technology, Inc. has announced that its underwriter has exercised the entire over-allotment option and purchased an additional 3,750,000 units, bringing the total number of units sold in the offering to 28,750,000. The total gross proceeds raised in the IPO were $172,500,000, not including $2,000,004 that was raised through the sale of 333,334 units to certain of the insiders in a private placement prior to the IPO. The balance placed in the trust account is $164,308,004, equal to $5.72 per share. The per share calculation does not include the shares sold to the insiders. The balance placed into the trust account includes $3.5 million of fees that the underwriter has agreed to defer until the company completes an acquisition, as well as $2 million in proceeds from the sale of the units that were purchased by the insiders. sec.gov