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Article: American Stock Exchange Lists Units of Sports Properties Acquisition Corporation.
- Article from:
- PR Newswire
- Article date:
- January 18, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Jan. 18 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today listed the units of Sports Properties Acquisition Corporation under the ticker symbol HMR.U. The company issued 20,000,000 units (excluding over-allotment) at $10.00 unit for gross proceeds of $200,000,000. Each unit consists of one ordinary share of common stock and one warrant. Initially, the units will be the only security trading. Banc of America Securities LLC is the lead underwriter on the IPO.
Sports Properties Acquisition Corporation is a newly formed company organized for the purpose of effecting a merger, capital stock exchange, asset stock acquisition, exchangeable share ...