The American Stock Exchange listed the units of Overture Acquisition Corp. on January 31, 2008, under the ticker symbol NLX.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).
Each unit consists of one ordinary share and one warrant to purchase an additional share. Initially, the units will be the only security trading. J.P. Morgan Securities Inc. acted as sole book-running manager, Lazard Capital Markets LLC, acted as lead manager and I-Bankers Securities, Inc. and Maxim Group LLC acted as co-managers.
Overture Acquisition Corp. is a newly organized company formed in the Cayman Islands for the purpose of effecting a merger, share capital exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more operating businesses. The Company's efforts in identifying prospective target businesses will not be limited to a particular industry or geography, although it initially intends to leverage the respective industry knowledge, operating and relationships of its officers, directors and special advisors in a range of luxury and lifestyle sectors.
"We are pleased to welcome Overture Acquisition Corp. to the American Stock Exchange," said Neal Wolkoff, Chairman and CEO of Amex. "The Amex looks forward to supporting Overture Acquisition as it seeks to convey its value proposition to a greater number of investors."
The specialist in Overture Acquisition Corp. is Kellogg Capital Group LLC. -- www.amex.com
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