November 19, 2010
Reuters and Morningstar.com reported that Australia Acquisition Corp. closed its initial public offering of 6.4 million units at a price of $10.00 per unit. The IPO and private placement generated gross proceeds of $68 million to the company. Cohen & Company Capital Markets, LLC acted as the sole book running manager and representative of the underwriters of the offering. I-Bankers Securities, Inc. and EarlyBirdCapital, Inc. were co-managers of the offering. Kelley Drye and Appleby were counsel to Australia Acquisition. Ellenoff Grossman & Schole LLP were counsel to the underwriters.
Attorney Wendy A. Clarke represented Australia Acquisition in this matter.