SUMMARY INFORMATION - OPEN DEALS - MARCH 28, 2008
Jaguar Acquisition Corporaiton
Date of offering: April 10, 2006
Gross proceeds raised in offering: $28,300,000
Date of deal announcement: September 27, 2007
Number of days before announcement: 537
Price per share (JGAC): $6.60
Price per warrant (JGAC-W): $1.64
Strike price: $5.00
Price per unit (JGAC-U): $10.00
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Financial services
Percentage of non-insider shares that can block an acquisition: 20%
Performance since IPO: 64.67%
Nasdaq Composite: -3.09%
Cash in escrow account: $26,618,453
Reporting date for escrow account: December 31, 2007
Cash per share: $5.79
SEC filings: sec.gov
Asia Automotive Acquisition Corp.
Date of offering: April 12, 2006
Gross proceeds raised in offering: $40,250,000
Date of deal announcement: July 23, 2007
Number of days prior to announcement: 471
Price per share (AAACU): $7.55
Price per warrant (AAACW): $1.75
Strike price: $5.00
Price per unit (AAACU): $9.20
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Automotive components in either India or China
Percentage of non-insider shares that can block an acquisition: 20%
Performance since IPO: 16.25%
Nasdaq Composite: -2.31%
Cash in escrow account: $39,507,229
Reporting date for escrow account: December 31, 2007
Cash per share: $7.85
SEC filings: sec.gov
Global Services Partners Acquisition Corp.
Date of offering: April 20, 2006
Gross proceeds raised in offering: $34,109,000
Date of deal announcement: October 24, 2007
Number of days prior to announcemen: 552
Price per Class A share (GSPAA) $1.34
Price per Class B share (GSPAB) $5.20
Price per warrant (GSPAW) $0.20
Price per warrant (GSPAL) $0.30
Strike price: $5.00
Price per Class A unit (GSPAU) $5.40
Price per Class A unit (GSPAU) $10.60
IPO price per Class A unit: $8.50
IPO price per Class B unit: $10.10
Original deal: Class A - two shares of Class A stock and ten
warrants; Class B - two shares of Class B stock and two warrants
Acquisition focus: Business services
Percentage of non-insider shares that can block an acquisition: 20%
Performance since IPO: 8.91%
Nasdaq Composite: -4.29%
Cash in escrow account: $31,919,347
Reporting date for escrow account: January 31, 2008
Cash per share: $5.34
SEC filings: sec.gov
Shanghai Century Acquisition Corp.
Date of offering: April 25, 2006
Gross proceeds raised in offering: $115,000,000
Date of deal announcement: May 28, 2007
Number of days prior to announcement: 398
Price per share (SHA): $7.60
Price per warrant (SHA-WT) $0.33
Strike price: $6.00
Price per unit (SHA-U): $7.81
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: China
Percentage of non-insider shares that can block an acquisition: 20%
Performance since IPO: -0.88%
Nasdaq Composite: -2.97%
Cash in escrow account: $113,068,006
Reporting date for escrow account: September 30, 2007
Cash per share: $7.87
SEC filings: sec.gov
Ascend Acquisition Corp.
Date of offering: May 12, 2006
Gross proceeds raised in offering: $41,400,000
Date of deal announcement: July 31, 2007
Number of days prior to announcement: 446
Price per share (ASAQ): $5.80
Price per warrant (ASAQW): $0.07
Strike price: $5.00
Price per unit (ASAQU): $5.93
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Manufacturing, service or distribution industries
Percentage of non-insider shares that can block an acquisition: 20%
Performance since IPO: -1.00%
Nasdaq Composite: 0.78%
Cash in escrow account: $40,656,728
Reporting date for escrow account: December 31, 2007
Cash per share: $5.89
SEC filings: sec.gov
Community Bankers Acquisition Corp.
Date of offering: June 5, 2006
Gross proceeds raised in offering: $60,000,000
Date of deal announcement: September 6, 2007
Number of days prior to announcement: 406
Price per share (BTC): $7.50
Price per warrant (BTC-WT): $0.22
Strike price: $5.00
Price per unit (BTC-U): $7.60
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Banking industry
Percentage of non-insider shares that can block an acquisition:
Performance since IPO: -3.50%
Nasdaq Composite: 4.22%
Cash in escrow account: $58,452,512
Reporting date for escrow account: December 31, 2007
Cash per share: $7.79
SEC filings: sec.gov
Affinity Media International Corp.
Date of offering: June 6, 2006
Gross proceeds raised in offering: $20,475,000
Date of deal announcement: July 25, 2007
Number of days prior to announcement: 418
Price per share (AFMI): $5.90
Price per warrant (AFMIW): $0.08
Strike price: $5.00
Price per unit (AFMIU): $5.95
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Publishing industry
Percentage of non-insider shares that can block an acquisition: 27.26%
Performance since IPO: 1.00%
Nasdaq Composite: 4.55%
Cash in escrow account: $19,061,849
Reporting date for escrow account: September 30, 2007
Cash per share: $6.03
SEC filings: sec.gov
Israel Growth Partners Acquisition Corp.
Date of offering: July 19, 2006
Gross proceeds raised in offering: $56,218,050
Date of deal announcement: January 14, 2008
Number of days prior to announcement: 544
Price per Class A share (IGPAA): $0.60
Price per Class B share (IGPAB): $5.12
Price per warrant (IGPAW): $0.05
Price per warrant (IGPAZ): $0.14
Strike price: $5.00
Price per Class A unit (IGPAU): $2.00
Price per Class B unit (IGPBU): $10.70
IPO price per Class A unit: $8.50
IPO price per Class B unit: $10.10
Original deal: Class A - two shares of Class A stock and ten
warrants; Class B - two shares of Class B stock and two warrants
Acquisition focus: Israel
Percentage of non-insider shares that can block an acquisition: 20%
Performance since IPO: 4.16%
Nasdaq Composite: 8.67%
Cash in escrow account: $54,451,041
Reporting date for escrow account: January 31, 2008
Cash per share: $5.32
SEC filings: sec.gov
Energy Infrastructure Acquisition Corp.
Date of offering: July 20, 2006
Gross proceeds raised in offering": $217,503,980
Date of deal announcement: December 3, 2007
Number of days prior to announcement: 504
Price per share (EII): $9.95
Price per warrant (EII-WT): $0.39
Strike price: $8.00
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: Energy
Percentage of non-insider shares that can block an acquisition: 30%
Performance since IPO: 3.40%
Nasdaq Composite: 10.87%
Cash in escrow account: $215,529,086
Reporting date for escrow account: September 30, 2007
Cash per share: $10.30
SEC filings: sec.gov
Marathon Acquisition Corp.
Date of offering: August 25, 2006
Gross proceeds raised in offering: $320,286,200
Date of deal announcement: February 20, 2008
Number of days prior to announcement: 544
Price per share (MAQ): $7.71
Price per warrant (MAQ-W): $0.58
Strike price: $6.00
Price per unit (MAQ-U): $8.28
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: No specific industry
Percentage of non-insider shares that can block an acquisition: 20%
Performance since IPO: 3.62%
Nasdaq Composite: 5.65%
Cash in escrow account: $314,130,809
Reporting date for escrow account: December 31, 2007
Cash per share: $7.85
SEC filings: sec.gov
Energy Services Acquisition Corp.
Date of offering: August 30, 2006
Gross proceeds raised in offering: $51,600,000
Date of deal announcement:
Number of days prior to announcement:
Price per share (ESA): $5.75
Price per warrant (ESA-W): $0.85
Strike price: $5.00
Price per unit (ESA-U): $7.35
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Energy services industry
Percentage of non-insider shares that can block an acquisition: 20%
Performance since IPO: 24.17%
Nasdaq Composite: 3.45%
Cash in escrow account: $50,326,033
Reporting date for escrow account: December 31, 2007
Cash per share: $5.85
SEC filings: sec.gov
Rhapsody Acquisition Corp.
Date of offering: October 10, 2006
Gross proceeds raised in offering: $41,400,000
Date of deal announcement: February 20, 2008
Number of days prior to announcement: 498
Price per share (RPSD): $7.90
Price per warrant (RPSDW) $2.15
Strike price: $6.00
Price per unit (RPSDU): $10.30
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: No specific industry
Percentage of non-insider shares that can block an acquisition: 20%
Performance since IPO: 25.63%
Nasdaq Composite: -2.34%
Cash in escrow account: $40,782,672
Reporting date for escrow account: December 31, 2007
Cash per share: $7.88
SEC filings: sec.gov
Fortissimo Acquisition Corp.
Date of offering: October 12, 2006
Gross proceeds raised in offering: $27,210,000
Date of deal announcement: January 15, 2008
Number of days prior to announcement: 460
Price per share (FSMO): $5.83
Price per warrant (FSMOW): $0.22
Strike price: $5.00
Price per unit (FSMOU): $6.15
IPO price per unit: $6.00
Original deal: One common share and two warrants
Acquisition focus: Israel
Percentage of non-insider shares that can block an acquisition: 20%
Performance since IPO: 4.50%
Nasdaq Composite: -3.62%
Cash in escrow account: $27,345,444
Reporting date for escrow account: September 30, 2007
Cash per share: $6.03
SEC filings: sec.gov
NTR Acquisition Co.
Date of offering: January 31, 2007
Gross proceeds raised in offering: $245,572,050
Date of deal announcement: November 5, 2007
Number of days prior to announcement: 278
Price per share (NTQ): $9.57
Price per warrant (NTQ-WT): $0.22
Strike price: $7.50
Price per unit (NTQ-U): $9.85
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: Refining and distribution of oil products
Percentage of non-insider shares that can block an acquisition: 20%
Performance since IPO: -2.10%
Nasdaq Composite: -8.23%
Cash in escrow account: $243,807,581
Reporting date for escrow account: December 31, 2007
Cash per share: $9.93
SEC filings: sec.gov
Union Street Acquisition Corp.
Date of offering: February 6, 2007
Gross proceeds raised in offering: $100,000,000
Date of deal announcement: February 27, 2008
Number of days prior to announcement: 387
Price per share (USQ): $7.67
Price per warrant (USQ-WT): $0.17
Strike price: $6.00
Price per unit (USQ-U): $7.79
IPO price per unit: $8.00
Original deal: One common share and two warrants
Acquisition focus: Business services
Percentage of non-insider shares that can block an acquisition: 20%
Performance since IPO: 0.12%
Nasdaq Composite: -8.51%
Cash in escrow account: $100,205,298
Reporting date for escrow account: December 31, 2007
Cash per share: $8.02
SEC filings: sec.gov
Hyde Park Acquisition Corp. (formerly Rand Acquisition II)
Date of offering: March 8, 2007
Gross proceeds raised in offering: $103,500,000
Date of deal announcement: March 6, 2008
Number of days prior to announcement: 365
Price per share (HYQR): $7.66
Price per warrant (HYQRW): $1.32
Strike price: $5.00
Price per unit (HYQRU): $9.15
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: No particular industry
Percentage of non-insider shares that can block an acquisition: 20%
Performance since IPO: 12.25%
Nasdaq Composite: -5.30%
Cash in escrow account: $100,283,355
Reporting date for escrow account: September 30, 2007
Cash per share: $7.75
SEC filings: sec.gov
Tailwind Financial
Date of offering: April 12, 2007
Gross proceed raised in offering: $100,000,000
Date of deal announcement: January 8, 2008
Number of days prior to announcement: 271
Price per share (TNF): $7.67
Price per warrant (TNF-WT): $0.15
Strike price: $6.00
Price per unit (TNF-U): $7.83
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Financial services
Percentage of non-insider shares that can block an acquisition: 30%
Performance since IPO: -2.25%
Nasdaq Composite: -8.84%
Cash in escrow account: $102,261,528
Reporting date for escrow account: December 31, 2007
Cash per share: $8.18
SEC filings: sec.gov
MBF Healthcare Acquisition Corp.
Date of offering: April 18, 2007
Gross proceeds raised in offering: $172,500,000
Date of deal announcement: February 7, 2008
Number of days prior to announcement: 295
Price per share (MBH): $7.70
Price per warrant (MBH-WT): $0.24
Strike price: $6.00
Price per unit (MBH-U): $7.90
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Healthcare
Percentage of non-insider shares that can block an acquisition: 30%
Performance since IPO: -0.75%
Nasdaq Composite: -9.93%
Cash in escrow account: $175,501,579
Reporting date for escrow account: December 31,, 2007
Cash per share: $8.14
SEC filings: sec.gov
Vector Intersect Security Acquisition Corp.
Date of offering: April 26, 2007
Gross proceeds raised in offering: $58,500,000
Date of deal announcement: February 14, 2008
Number of days prior to announcement: 294
Price per share (VTRQ): $7.55
Price per warrant (VTRQW): $0.32
Strike price: $5.00
Price per unit (VTRQU): $7.90
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Homeland security
Percentage of non-insider shares that can block an acquisition: 20%
Performance since IPO: -1.63%
Nasdaq Composite: -11.48%
Cash in escrow account: $58,280,433
Reporting date for escrow account: September 30, 2007
Cash per share: $7.97
SEC filings: sec.gov
Vantage Energy Services, Inc.
Date of offering: May 24, 2007
Gross proceeds raised in offering: $276,000,000
Date of deal announcement: 98
Number of days prior to announcement: August 30, 2007
Price per share (VTG): $7.40
Price per warrant (VTG-WT): $0.60
Strike price: $6.00
Price per unit (VTG-U): $7.86
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Oilfield Services
Percentage of non-insider shares that can block an acquisition: 30%
Performance since IPO: 0.00%
Nasdaq Composite: -10.90%
Cash in escrow account: $273,109,051
Reporting date for escrow account: December 31, 2007
Cash per share: $7.92
SEC filings: sec.gov
Apex Bioventures Acquisition Corp.
Date of offering: June 7, 2007
Gross proceeds raised in offering: $69,000,000
Date of deal announcement: February 6, 2008
Number of days prior to announcement: 245
Price per share (PEX): $7.40
Price per warrant (PEX-WT): $0.25
Strike price: $6.00
Price per unit (PEX-U): $7.73
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Healthcare
Percentage of non-insider shares that can block an acquisition: 30%
Performance since IPO: -4.38%
Nasdaq Composite: -11.03%
Cash in escrow account $67,584,688
Reporting date for escrow account: December 31 1, 2007
Cash per share: $7.84
SEC filings: sec.gov
Alternative Asset Management (formerly Hanover-STC Acquisition Corp.)
Date of offering: August 3, 2007
Gross proceeds raised in offering: $414,000,000
Date of deal announcement: March 13, 2008
Number of days prior to announcement: 223
Price per share (AMV): $9.46
Price per warrant (AMV-WT): $0.64
Strike price: $7.50
Price per unit (AMV-U): $10.25
IPO price per unit: $10.00
Original deal: One common share and one warrant
Acquisition focus: Alternative asset management
Percentage of non-insider shares that can block an acquisition: 30%
Performance since IPO: 1.00%
Nasdaq Composite: -12.22%
Cash in escrow account: $403,721,472
Reporting date for escrow account: September 30, 2007
Cash per share: $9.75
SEC filings: sec.gov
Global BPO Services Corp.
Date of offering: October 18, 2007
Gross proceeds raised in offering: $250,000,000
Date of deal announcement: January 28, 2008
Number of days prior to announcement: 102
Price per share (OOO): $7.39
Price per warrant (OOO-WT): $0.20
Strike price: $6.00
Price per unit (OOO-U): $7.70
IPO price per unit: $8.00
Original deal: One common share and one warrant
Acquisition focus: Business processing outsourcing
Percentage of non-insider shares that can block an acquisition: 30%
Performance since IPO: -5.13%
Nasdaq Composite: -19.03%
Cash in escrow account: $247,213,300
Reporting date for escrow account: December 31, 2007
Cash per share: $7.91
SEC filings: sec.gov |
