SI
SI
discoversearch

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: chuckmicro who wrote (1083)7/2/2007 9:48:43 AM
From: majaman1978  Read Replies (1) | Respond to of 3862
 
<<I'm holding onto my GAV warrants - once the deal goes through they should be trading much higher>>

Chuck, did you mean the HAPN warrants? I thought the GAV deal was completed.



To: chuckmicro who wrote (1083)7/2/2007 12:29:57 PM
From: Glenn Petersen  Respond to of 3862
 
As expected, HAPN and I-Flow have again extended the deadline for the acquisition, this time until July 31, 2007. If HAPN walks away from the transaction, they have until October 18, 2007 to enter into another agreement, which they would then have to close by April 18, 2008.

HAPC and I-Flow Extend Termination Deadline for Acquisition of InfuSystem

Monday July 2, 11:30 am ET

NEW YORK--(BUSINESS WIRE)--HAPC, Inc. (OTCBB: HAPN; HAPNW; HAPNU), today announced that it has mutually agreed with I-Flow Corporation (Nasdaq: IFLO - News) to an additional extension of the termination deadline in the stock purchase agreement regarding HAPC's acquisition of InfuSystem, Inc. The previous deadline of June 29, 2007 has been extended to July 31, 2007. The extension is expected to allow HAPC sufficient time to address the remaining Securities and Exchange Commission (SEC) comments on HAPC's preliminary proxy statement, which HAPC believes are typical of a transaction of this type.

Sean McDevitt, Chairman of HAPC Inc., commented, "We believe that we are finally nearing completion of this process and have been working diligently to comply with all information requests by the SEC in terms of our intended acquisition of InfuSystem. We look forward to setting a date for the proxy vote upon satisfying the remaining SEC requests."

<snip>

biz.yahoo.com