American Stock Exchange News Release
www.amex.com |
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| Equity Release |
| Media Contact: Catherine Chantharaj American Stock Exchange 212-306-1689 / catherine.chantharaj@amex.com |
AMERICAN STOCK EXCHANGE LISTS UNITS OF FREEDOM ACQUISITION HOLDINGS, INC. | ||
New York, December 22, 2006 - The American Stock Exchange® (Amex®) today listed the units of Freedom Acquisition Holdings, Inc. under the ticker symbol FRH.U. The offering size is 48M units at $10.00 per unit for gross proceeds of $480M (excluding the underwriters’ over-allotment option). One unit consists of one share of common stock and one warrant to purchase one share of common stock. Initially, the units will be the only security trading. Freedom Acquisition Holdings, Inc. is a newly organized company formed for the purpose of acquiring unidentified operating business or several operating businesses through a merger, stock exchange, asset acquisition, reorganization or similar business combination. “The American Stock Exchange is pleased to welcome Freedom Acquisition Holdings, Inc. to our market,” said John McGonegal, senior vice president of Amex’s Equities Group. “As a newly formed company entering the competitive marketplace, we believe Freedom Acquisition can benefit from the host of services the Amex provides its listed entities.” | ||
About American Stock Exchange
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 222 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. For more information, please speak with the Media Contact above.