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

To: Glenn Petersen who wrote (479)	10/22/2006 7:23:50 PM
From: RockyBalboa	Respond to of 3862

S-1 Update on Stoneleigh Partners, increasing the amount to $200,902,500 (Oct-20, subject to amendmends): Note that stoneleigh also has this complicated 2-tiered structure as in Mercator and a truckload of insiders warrants which will trigger in case of an aquisition: STONELEIGH PARTNERS ACQUISITION CORP 1,475,000 Series A Units 18,650,000 Series B Units Each Series A unit consists of: two shares of our common stock; and ten Class Z warrants. Each Series B unit consists of: two shares of our Class B common stock; and two Class W warrants Underwriters: HCFP/Brenner Securities LLC Legend Merchant Group, Inc. ------------------------------------------------- CERTAIN TRANSACTIONS Prior to the date of this prospectus, we issued 100 shares of common stock for $1.00 in cash, or a purchase price of $0.01 per share. We also issued 23,400,000 warrants for $1,170,000 in cash, at a purchase price of $0.05 per warrant. These securities were issued to the individuals and entities set forth below, as follows: Name Number of Shares of Common Stock Number of Class W Warrants Number of Class Z Warrants Relationship to Us Milton J. Walters 100 3,225,000 3,225,000 President, Secretary and Director Gary D. Engle 0 4,925,000 4,925,000 Chairman of the Board and Chief Executive Officer James A. Coyne 0 3,225,000 (1) 3,225,000 (1) Chief Financial Officer and Director Geoffrey A. Thompson 0 225,000 225,000 Director Michael Clayton 0 100,000 100,000 Director

To: Glenn Petersen who wrote (479)	6/5/2007 5:31:43 AM
From: Glenn Petersen	Read Replies (1) \| Respond to of 3862

Stoneleigh Partners Acquisition Corp. completed its IPO on June 1, 2007, selling 25 million units at $8.00 per unit. The gross proceeds totaled $200 million, double the $100 million that the company was looking to raise when it filed its initial S-1 on April 12, 2006. A total of $198,400,000, equal to $7.94 per common share, has been placed into an escrow account. This balance includes $7,400,000 deferred by the underwriters, which will be paid when the company completes an acquisition, and $4,450,000 from the sale of warrants to certain of the insiders. Previously, the insiders purchased 6,250,00 common shares for $1,550,000. In the event that the company is liquidated, neither the underwriter nor the insiders will receive any of the funds placed into the escrow account. Up to $3 million of interest earned on the trust fund balance can be used “to fund expenses related to investigating and selecting a target business and our other working capital requirements.” Certain of the insiders have agreed to purchase up to $15 million of the company’s units, at prices not to exceed $8.65 per unit, commencing 30 calendar days after the company has filed proxy materials seeking shareholder approval to complete an acquisition. Each unit consists of one share of common stock and one warrant to purchase an additional share at $5.50 per share. Stoneleigh Partners Acquisition Corp. is going to “focus on businesses having a majority of their assets, based on either a historical balance sheet valuation or a fair market valuation, represented by real estate or other physical assets, or which utilize these types of assets to derive at least a majority of their revenue.” There is no word yet as to whether or not the underwriter has exercised its over-allotment option. The securities will be listed on the American Stock Exchange. The units (SOC-U) closed at $8.13 yesterday. The common shares (SOC) and warrants (SOC-WT) will begin trading separately at a later date. The final prospectus: sec.gov