American Stock Exchange News Release
www.amex.com |
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| Equity Release |
Media Contact: Catherine Chantharaj |
AMERICAN STOCK EXCHANGE LISTS UNITS OF HIGHLANDS ACQUISITION CORP. | ||
New York, October 3, 2007 — The American Stock Exchange® (Amex®) today lists the units of Highlands Acquisition Corp. under the ticker symbol HIA.U. The offering size is 12M units at $10.00 per unit for gross proceeds of $120M (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. Citigroup Global Markets, Inc. is lead underwriter with Wm Smith & Co. as co-manager. Highlands Acquisition Corp. is a newly organized company formed for the purpose of acquiring, or acquiring control of, through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination one or more businesses or assets. The Company’s efforts in identifying a prospective target business will not be limited to a particular industry, but the Company initially intends to target the healthcare industry. “We are pleased to welcome Highlands Acquisition Corp. to the American Stock Exchange,” said Neal Wolkoff, Chairman and CEO of Amex. “The Amex looks forward to supporting Highlands as it seeks to convey its value proposition to a greater number of investors.” The specialist in Highland Acquisition Corp. will be Cohen Specialists LLC. For further information on HIA.U and other Amex-listed companies, please visit www.amex.com. | ||
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 342 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.