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To: Glenn Petersen who wrote (2473)	8/18/2012 12:00:50 PM
From: Glenn Petersen	Respond to of 3862

The shareholders of JWCA have approved the proposed deal with The Tile Shop: JWC Acquisition Corp.’s Stockholders Approve Business Combination with The Tile Shop Press Release: JWC Acquisition Corp. – Thu, Aug 16, 2012 1:56 PM EDT BOSTON--(BUSINESS WIRE)-- JWC Acquisition Corp. (OTCBB: JWCA; JWCAW; JWCAU) (the “Company”), announced that, at a special meeting of stockholders held today, its stockholders approved (i) the proposal to adopt the contribution and merger agreement pursuant to which, through a series of transactions, the Company and The Tile Shop, LLC (“The Tile Shop”) would be combined under a new holding company named Tile Shop Holdings, Inc. (“TS Holdings”) and (ii) the proposal to amend the Company’s charter to change the date by which the Company must complete a business combination from August 23, 2012 to August 30, 2012. Approximately 82% of the outstanding shares of common stock of the Company were voted in favor of the proposal to adopt the contribution and merger agreement, and approximately 75% of the outstanding shares of common stock of the Company were voted in favor of the proposal to adopt the charter amendment. The Company’s stockholders elected to have the Company redeem 5,500,000 shares of the Company’s common stock, thereby satisfying the maximum redemption closing condition in the contribution and merger agreement. The Company expects the business combination to close during the week of August 20, 2012. <snip>. About The Tile Shop The Tile Shop is a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. The Tile Shop offers a wide selection of products, attractive prices, and exceptional customer service in an extensive showroom setting. The Tile Shop operates 61 stores in 20 states, with an average size of 23,000 square feet. The Tile Shop also sells its products on its website, www.tileshop.com. <snip> finance.yahoo.com