American Stock Exchange News Release
www.amex.com |
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| Equity Release |
Media Contact: Catherine Chantharaj |
AMERICAN STOCK EXCHANGE LISTS UNITS OF CAPITOL ACQUISITION CORP. | ||
New York, November 8, 2007 — The American Stock Exchange® (Amex®) today listed the units of Capitol Acquisition Corp. under the ticker symbol CLA.U. The offering size is 25M units at $10.00 per unit for gross proceeds of $250M (excluding the underwriters’ over-allotment option). One unit equals one share of common stock and one warrant. Initially, the units will be the only security trading. The lead underwriter is Citigroup Global Markets, Inc. with Ladenburg Thalmann & Co. Inc. as co-manager. Capitol Acquisition Corp. is a newly organized company formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination, one or more operating business or assets. The prospective target business will not be limited to a particular industry. The specialist in Capitol Acquisition Corp. will be AIM Securities, Co. For further information on CLA.U and other Amex-listed companies, please visit www.amex.com. | ||
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The American Stock Exchange® (Amex®) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 372 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks.