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American Stock Exchange News Release

Equity Release

Media Contact: Catherine Chantharaj
American Stock Exchange
212-306-1689 / catherine.chantharaj@amex.com

 

AMERICAN STOCK EXCHANGE LISTS THE UNITS OF APEX BIOVENTURES ACQUISITION CORPORATION

New York, June 8, 2007 - The American Stock Exchange® (Amex®) today listed the units of Apex Bioventures Acquisition Corporation under the ticker symbol PEX.U.

The offer size is 7.5M units at $8.00 per unit for gross proceeds of $60M (excluding over-allotment). One unit consists of one share of common stock and one warrant. Initially, the units will be the only security trading. Lazard Capital Markets is the sole book runner for this IPO with Ladenburg Thalmann & Co. Inc. as co-manager.
 
Apex Bioventures Acquisition Corporation is a newly organized company formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition or other similar business combination, one or more businesses in the healthcare industry.
 
"We are pleased to welcome Apex Bioventures Acquisition Corporation to the American Stock Exchange," said John McGonegal, Senior Vice President Amex Equities Group. "The Amex looks forward to supporting Apex Bioventures Acquisition as it seeks to convey its value proposition to a greater number of investors."
  
The specialist for Apex Bioventures Acquisition Corporation will be HBH Specialists LLC. For further information on PEX.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 315 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.