American Stock Exchange News Release
www.amex.com |
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| Equity Release |
Media Contact: Catherine Chantharaj |
AMERICAN STOCK EXCHANGE LISTS UNITS OF POLARIS ACQUISITION CORP. | ||
New York, January 14, 2008 — The American Stock Exchange® (Amex®) today lists the units of Polaris Acquisition Corp. under the ticker symbol TKP.U. The offering size is 15,000,000 units at $10.00 per unit for gross proceeds of $150,000,000 (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. Lazard Capital Markets is the lead manager on this initial public offering with Ladenburg Thalmann & Co. Inc. and ThinkEquity Partners, LLC as co-managers. Located in Fort Lee, New Jersey, Polaris Acquisition Corp. is a newly organized company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, or other similar business combination with operating business. The Company’s effort to identify a prospective target business will not be limited to a particular business. “We are pleased to welcome Polaris Acquisition Corp. to the American Stock Exchange,” said Neal Wolkoff, Chairman and CEO of Amex. “We look forward to providing them with the solid support and services that are essential in today’s competitive marketplace.” The specialist in Polaris Acquisition Corp. is HBH Specialists, LLC. For further information on TKP.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 381 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.