SUMMARY INFORMATION - LIQUIDATED COMPANIES - NOVEMBER 23, 2007
China Mineral Acquisition Corporation
Date of offering: August 30, 2004
Gross proceeds raised in offering: $24,000,000
Date of deal announcement: February 23, 2006
Number of days prior to annoucement: 541
Date of liquidation announcement: November 29, 2006
Price per share (CMAQ): $-
Price per warrant (CMAQW): $-
Strike price: $5.00
Price per unit (CMAQU): $-
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Mineral industry in China
Comments: The company is delinquent in its SEC filings. Presumably, the company has been liquidated.
Cash in escrow account: $-
Reporting date for escrow account: N/A
Cash per share: $-
SEC filings: sec.gov
Millstream II Acquisition Corp.
Date of offering: December 23, 2004
Gross proceeds raised in offering: $27,600,000
Date of deal announcement: June 12, 2006
Number of days prior to announcement: 536
Date of liquidation announcement: April 17, 2007
Price per share (MSMA): $-
Price per warrant (MSMAW): $-
Strike price: $5.00
Price per unit (MSMAU): $-
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: None
Comments: On April 17, 2007, the company announced that the liquidation had been approved.
Cash in escrow account: $-
Reporting date for escrow account: N/A
Cash per share: $-
SEC filings: sec.gov
Coastal Bancshares Acquisition Corp.
Date of offering: February 14, 2005
Gross proceeds raised in offering: $33,120,000
Date of deal announcement: April 7, 2006
Number of days prior to announcement: 417
Date of liquidation announcement: October 26, 2006
Price per share (CBAS): $-
Price per warrant (CBASW): $-
Strike price: $5.00
Price per unit (CBASU): $-
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Banking industry
Coments: In March 2007, $5.50 per share was distributed and the registration terminated
Cash in escrow account: $-
Reporting date for escrow account: N/A
Cash per share: $-
SEC filings: sec.gov
TAC Acquisition Corp.
Date of offering: June 29, 2005
Gross proceeds raised in offering: $132,000,000
Date of deal announcement: June 12, 2006
Number of days prior to announcement: 346
Date of liquidation announcement: December 29, 2007
Price per share (TACA): $-
Price per warrant (TACAW): $-
Strike price: $5.00
Price per unit (TACAU): $-
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Technology related
Comments: In February 2007, $5.6941 per share was distributed.
Cash in escrow account: $-
Reporting date for escrow account: N/A
Cash per share: $-
SEC filings: sec.gov
Cold Spring Capital, Inc.
Date of offering: November 11, 2005
Gross proceeds raised in offering: $120,000,000
Date of deal announcement: November 3, 2006
Number of days prior to announcement: 357
Date of liquidation announcement: February 14, 2007
Price per share (CDS): $-
Price per warrant (CDSW): $-
Strike price: $5.00
Price per unit (CDSU): $-
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Financial or real estate assets
Comments: On May 10, 2007, the company made a $5.74 per share distribution to the non-insider shareholders.
Cash in escrow account: $-
Reporting date for escrow account: N/A
Cash per share: $-
SEC filings: sec.gov
Key Hospitality Acquisition Corporation
Date of offering: October 24, 2005
Gross proceeds raised in offering: $51,600,000
Date of deal announcement: March 27, 2007
Number of days prior to announcement: 519
Date of liquidation announcement: October 3, 2007
Price per share (KHPA): $7.64
Price per warrant (KHPAW): $0.00
Strike price: $6.00
Price per unit (KHPAU): $7.55
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Hospitality industry
Comments: The transactions was killed by the deterioration of the mortgage market.
Cash in escrow account: $49,458,000
Reporting date for escrow account: October 31, 2007
Cash per share: $7.67
SEC filings: sec.gov
Oracle Healthcare Acquisition Corp.
Date of offering: March 2, 2006
Gross proceeds raised in offering: $120,000,000
Date of deal announcement: September 8, 2007
Number of days prior to announcement: 555
Date of liquidation announcement: October 22, 2007
Price per share (OHAQ): $7.85
Price per warrant (OHAQW): $-
Strike price: $6.00
Price per unit (OHAQU): $8.00
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Healthcare
Cash in escrow account: $118,267,697
Reporting date for escrow account: March 31, 2007
Cash per share: $7.88
SEC filings: sec.gov
Good Harbor Partners Acquisition Corp.
Date of offering: March 10, 2006
Gross proceeds raised in offerinjg: $58,316,500
Date of deal announcement: September 14, 2007
Numer of days prior to announement: 554
Date of liquidation announcement: November 15, 2007
Price per share: $0.22
Price per Series B share: $5.23
Price per Class Z warrant $-
Price per Class W warrant: $0.05
Strike price: $5.00
Price per Series A unit (GHBAU): $0.41
Price per Series B unit (GHBBU): $10.47
IPO price per Series A unit: $8.50
IPO price per Series B unit: $10.10
Original deal: Series A: Two common shares and ten Class Z warrants:
Series B: Two Series B shares and two Class W warrants
Acquisition focus: Security industry
Cash in escrow account: $56,086,546
Reporting date for escrow account: September 30, 2007
Cash per share: $5.30
SEC filings: sec.gov |
