NEW YORK, Nov. 8 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today lists the units of Enterprise Acquisition Corp. under the ticker symbol EST.U. The offering size is 25M units at $10.00 per unit for gross proceeds of $250M (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. The IPO has UBS Bank Securities and Ladenburg Thalmann & Co. as co-book running managers with I-Bankers Securities as underwriter.
Located in Boca Raton, Florida, Enterprise Acquisition Corp. is a newly organized company formed for the purpose of effecting a merger, capital stock exchange, asset or other similar business combination with one or more operating businesses process. The prospective target will not be limited to a particular industry.
"We are pleased to welcome Enterprise Acquisition Corp. to the American Stock Exchange," said Neal Wolkoff, Chairman and CEO of the Amex. "We look forward to working with them in building increased awareness and visibility within the investment community."
"We are excited about the IPO and look forward to creating value for our shareholders," said Daniel C. Staton, Chief Executive Officer of Enterprise Acquisition Corp. "We will leverage our extensive relationships through prior investments, board memberships and other business contacts to source an attractive business combination."
The specialist in Enterprise Acquisition Corp. will be AIM Securities Co. For further information on EST.U and other Amex-listed companies, please visit http://www.amex.com/.
About American Stock Exchange
The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). 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 372 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 visit http://www.amex.com/.
Media Contact: Catherine Chantharaj
American Stock Exchange
(212) 306-1689 /
