American Stock Exchange Lists Units of Marathon Acquisition Corp.
August 25 2006 - 11:57AM
PR Newswire (US)
NEW YORK, Aug. 25 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today listed the units of Marathon Acquisition Corp.
under the ticker symbol MAQ.U. The offer size is 37.5M units at
$8.00 per unit for gross proceeds of approximately $300M. One unit
equals one share of common stock and one warrant, exercisable for
an additional share of common stock. Initially, the units will be
the only security trading. Located in New York, Marathon
Acquisition Corp. is a newly organized company formed to acquire
one or more operating businesses through a merger, stock exchange,
asset acquisition, reorganization or similar business combination.
"The American Stock Exchange is pleased to welcome Marathon
Acquisition Corp to our market," said John McGonegal, Senior Vice
President of Amex's Equities Group. "As a newly formed company
entering a challenging marketplace, we believe Marathon Acquisition
can benefit from the host of services the Amex provides its listed
entities." The specialist in Marathon Acquisition Corp. will be
Kellogg Capital Group LLC. For further information on MAQ.U and
other Amex-listed companies, please visit http://www.amex.com/. The
American Stock Exchange(R) (Amex(R)) is the only primary exchange
that 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 190 ETFs. 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/.
DATASOURCE: American Stock Exchange CONTACT: Catherine Chantharaj,
American Stock Exchange, +1-212-306-1689, or Web site:
http://www.amex.com/
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