Archive for November 29th, 2009

First SPAC to Close Since 2008

By David Feldman at 29 November, 2009, 11:38 am

GSME Acquisition Partners I raised $36 million as the first SPAC to raise money and go public since August 2008. The SPAC Wire reports that GSME has only 12-18 months to close a deal. It is looking for a deal in China. Cohen & Company was lead underwriter along with Rodman & Renshaw and I-Bankers [...]

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See You in Vegas!

By David Feldman at 29 November, 2009, 11:14 am

I will be moderating a panel on reverse mergers at this week’s PIPE Conference at the fabulous Venetian Hotel in Las Vegas (I always remember my kids watching “Rugrats” when they went on a trip to “Slots Vegas,” or an LA-based client who prefers “Lost Wages”). As always, DealFlow Media and its conference coordinator Eric Salvarezza [...]

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ChiNext is Launched

By David Feldman at 29 November, 2009, 9:32 am

Just before my last trip to China earlier this month, China launched its long-awaited smallcap stock exchange, dubbed ChiNext, on October 30. The market is also known as the Growth Enterprise Market, or GEM. It is part of the Shenzhen stock exchange in Guangdong province. Containing more entrepreneurial enterprises than you see on the larger [...]

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