SUMMARY INFORMATION - OPEN DEALS - DECEMBER 11, 2009 Stoneleigh Partners Acquisition Corp. Date of offering: June 1, 2007 Gross proceeds raised in offering: $138 million Date of deal announcement: November 26, 2008 Number of days prior to announcement: 551 Price per share (STAQ): $- Price per warrant (STAQW): $- Strike price: $5.50 Price per unit (STAQU): $- IPO price per unit: $8.00 Original deal: One common share and one warrant Acquisition focus: Real estate or physical assets Percentage of non-insider shares that can block an acquisition: 30% Expiration date for warrants: May 31, 2011 Performance since IPO: -100.00% Nasdaq Composite: -16.21% SEC filings: sec.gov Asia Special Situation Acquisition Corp. Date of offering: January 17, 2008 Gross proceeds raised in offering: $115,000,000 Date of deal announcement: December 17, 2008 Number of days prior to announcement: 335 Price per share (CIO): $9.93 Price per warrant (CIO-WT): $0.10 Strike price: $7.50 Price per unit (CIO-U): $9.93 IPO price per unit: $10.00 Original deal: One common share and one warrant Acquisition focus: Asia (most specifically China) Percentage of non-insider shares that can block an acquisition: 35% Expiration date of warrants: January 16, 2012 Performance since IPO: 0.30% Nasdaq Composite: -8.53% Cash in escrow account: $115,000,000 Reporting date for escrow account: December 31, 2008 Cash per share: $10.00 SEC filings: sec.gov Sports Properties Acquisition Corp. Date of offering: January 18, 2008 Deadline for acquisition: January 17, 2010 Gross proceeds raised in offering: $215,563,000 Date of deal announcement: November 18, 2009 Number of days prior to announcement: 670 Price per share (HMR): $9.92 Price per warrant (HMR-WT): $0.20 Strike price: $7.00 Price per unit (HMR-U): $10.15 IPO price per unit: $10.00 Original deal: One common share and one warrant Acquisition focus: Sports, leisure or entertainment Percentage of non-insider shares that can block an acquisition: 30% Expiration date for warrants: January 17, 2012 Performance since IPO: 1.20% Nasdaq Composite: -6.67% Cash in escrow account: $214,821,806 Reporting date for escrow account: September 30, 2009 Cash per share: $9.97 SEC filings: sec.gov Atlas Acquisition Holdings Corp. Date of offering: January 25, 2008 Deadline for acquisition: January 23, 2010 Gross proceeds raised in offering: $200,000,000 Date of deal announcement: December 11, 2009 Number of days prior to announcement: 687 Price per share (AXG): $9.95 Price per warrant (AXG-WT): $0.32 Strike price: $7.00 Price per unit (AXG-U): $10.61 IPO price per unit: $10.00 Original deal: One common share and one warrant Acquisition focus: None Percentage of non-insider shares that can block an acquisition: 30% Expiration date for warrants: January 23, 2012 Performance since IPO: 2.70% Nasdaq Composite: -7.23% Cash in escrow account: $200,945,752 Reporting date for escrow account: September 30, 2009 Cash per share: $10.05 SEC filings: sec.gov Overture Acquisition Corp. Date of offering: February 1, 2008 Deadline for acquisition: February 1, 2010 Gross proceeds raised in offering: $150,000,000 Date of deal announcement: December 10, 2009 Number of days prior to announcement: 679 Price per share (NLX): $10.00 Price per warrant (NLX-WT): $0.34 Strike price: $7.00 Price per unit (NLX-U): $10.23 IPO price per unit: $10.00 Original deal: One common share and one warrant Acquisition focus: None Percentage of non-insider shares that can block an acquisition: 30% Expiration date for warrants: January 30, 2013 Performance since IPO: 3.40% Nasdaq Composite: -8.35% Cash in escrow account: $150,530,000 Reporting date for escrow account: September 30, 2009 Cash per share: $10.04 SEC filings: sec.gov BBV Vietnam S.E.A. Acquisition Corp. Date of offering: February 8, 2008 Deadline for acquisition: February 8, 2010 Gross proceeds raised in offering: $41,400,000 Date of deal announcement: July 31, 2009 Number of days prior to announcement: 540 Price per share (BBVVF): $7.98 Price per warrant (BBVWF): $0.34 Strike price: $5.00 IPO price per unit: $8.00 Original deal: One common share and one warrant Acquisition focus: Asia, specifically Vietnam Percentage of non-insider shares that can block an acquisition: 30% Expiration date for warrants: February 8, 2012 Performance since IPO: 4.00% Nasdaq Composite: -4.48% Cash in escrow account: $41,400,000 Reporting date for escrow account: December 31, 2008 Cash per share: $8.00 SEC filings: sec.gov BPW Acquisition Corp. Date of offering: February 28, 2008 Gross proceeds raised in offering: $350,000,000 Date of deal announcement: December 8, 2009 Number of days prior to announcement: 650 Price per share (BPW): $10.37 Price per warrant (BPW-WT): $0.87 Strike price: $7.50 Price per unit (BPW-U): $11.11 IPO price per unit: $10.00 Original deal: One common share and one warrant Acquisition focus: Financial or business services Percentage of non-insider shares that can block an acquisition: 35% Expiration date for warrants: February 28, 2014 Performance since IPO: 12.40% Nasdaq Composite: -6.94% Cash in escrow account: $349,898,760 Reporting date for escrow account: September 30, 2009 Cash per share: $10.00 SEC filings: sec.gov Hambrecht Asia Acquisition Corp. Date of offering: March 10, 2008 Deadline for acquisition: March 12, 2010 Gross proceeds raised in offering: $32,000,000 Date of deal announcement: September 4, 2009 Number of days prior to announcement: 543 Price per share (HMAQF): $7.73 Price per warrant (HMAWF): $0.50 Strike price: $5.00 Price per unit (HMAUF): $9.50 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: 30% Expiration date for warrants: March 7, 2013 Performance since IPO: 2.88% Nasdaq Composite: -1.00% Cash in escrow account: $33,848,840 Reporting date for escrow account: September 30, 2009 Cash per share: $7.98 SEC filings: sec.gov China Fundamental Acquisition Corp. Date of offering: May 15, 2008 Deadline for acquisition: May 20, 2010 Gross proceeds raised in offering: $30,000,000 Date of deal announcement: November 9, 2009 Number of days prior to announcement: 549 Price per share (CFQCF): $7.85 Price per warrant (CFQWF): $1.20 Strike price: $5.00 Price per unit (CFQUF): $8.00 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: 35% Expiration date for warrants: May 15, 2012 Performance since IPO: 13.13% Nasdaq Composite: -12.27% Cash in escrow account: $33,980,204 Reporting date for escrow account: December 31, 2008 Cash per share: $7.98 SEC filings: sec.gov Chardan 2008 China Acquisition Corp. Date of offering: August 11, 2008 Deadline for acquisition: February 11, 2010 Gross proceeds raised in offering: $55,000,000 Date of deal announcement: December 14, 2009 Number of days prior to announcement: 500 Price per share (CACA): $7.75 Price per warrant (CACAW): $1.20 Strike price: $5.00 Price per unit (CACAW): $8.27 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: 35% Expiration date for warrants: August 11, 2012 Performance since IPO: 11.88% Nasdaq Composite: -10.23% Cash in escrow account: $54,298,675 Reporting date for escrow account: June 30, 2009 Cash per share: $7.90 SEC filings: idea.sec.gov CS China Acquisition Corp. Date of offering: August 15, 2008 Deadline for acquisition: February 11, 2010 Gross proceeds raised in offering: $33,120,000 Date of deal announcement: October 13, 2009 Number of days prior to announcement: 424 Price per share (CSAQF): $5.77 Price per warrant (CSAXF): $0.44 Strike price: $5.00 Price per unit (CSACF): $6.40 IPO price per unit: $6.00 Original deal: One common share and two warrants Acquisition focus: China Percentage of non-insider shares that can block an acquisition: 40% Expiration date for warrants: August 10, 2013 Performance since IPO: 3.50% Nasdaq Composite: -10.69% Cash in escrow account: $32,915,167 Reporting date for escrow account: July 31, 2009 Cash per share: $5.96 SEC filings: sec.gov |