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

To: Glenn Petersen who wrote (2118)	11/20/2009 6:14:48 PM
From: Glenn Petersen	Respond to of 3862

Alternative Asset Management Acquisition completed the acquisition of Great American Group, LLC, "a leading provider of asset disposition and valuation and advisory services to a wide range of retail, wholesale and industrial clients, as well as lenders, capital providers and professional service firms," on July 31, 2009 and subsequently changed its name to Great American, Inc. (stock symbol: [t]GAMR[/t]). On November 2, 2009, the company announced that it had redeemed all of its outstanding warrants at $.50 per warrant. Great American Group(R) Announces Redemption of All of Its Outstanding Warrants Press Release Source: Great American Group, Inc. On 4:47 pm EST, Monday November 2, 2009 WOODLAND HILLS, CA--(Marketwire - 11/02/09) - Great American Group, Inc. (OTC.BB:GAMR - News) ("Great American Group" or the "Company"), a leading provider of asset disposition, valuation and appraisal services, announced today that all of the outstanding warrants to purchase shares of its common stock with an exercise price of $7.50 per share (CUSIP No. 38984G 112) (the "Warrants") were redeemed for $0.50 each as of October 29, 2009, pursuant to the terms of the agreement governing the Warrants, as amended, and represent only the right to receive $0.50. The Warrants will cease being quoted on the OTC Bulletin Board on November 2, 2009. The Company expects that holders of the Warrants will receive payment on or about November 4, 2009. Great American Group previously announced an offer to exchange the Warrants for new warrants with a different exercise price and different expiration date (the "Exchange Offer"). The Exchange Offer, which was made pursuant to a prospectus dated October 2, 2009, expired at 11:59 p.m. Eastern Time on October 30, 2009. The Company's obligation to consummate the Exchange Offer was conditioned upon a minimum of 23,012,500 Warrants, or 50% of the outstanding Warrants, being validly tendered for exchange and not validly withdrawn prior to the expiration of the Exchange Offer (the "Minimum Tender Condition"). The Minimum Tender Condition was not satisfied; therefore, no Warrants were accepted in the Exchange Offer. As a result, all of the outstanding Warrants were redeemed. finance.yahoo.com