Shanghai, China
Shine Media Acquisition Corp. (OTCBB:SHNDU) announced on Monday that the underwriters of its initial public offering of units have exercised their option to purchase an additional 900,000 units to cover over-allotments. It is currently anticipated that delivery of and payment for the units will be made on January 25, 2007.
Merriman Curhan Ford & Co. acted as lead managing underwriter of the initial public offering. The offering is being made only by means of a prospectus, copies of which may be obtained from Merriman Curhan Ford & Co., 600 California St., 9th Floor, San Francisco, CA 94108. Tel: (415) 262-1330
A registration statement relating to these securities was filed and declared effective by the Securities and Exchange Commission. This press release is not an offer to sell or the solicitation of an offer to buy the securities of Shine Media Acquisition Corp., and there will not be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Shine Media Acquisition Corp.
Located in Shanghai, China, Shine Media Acquisition Corp. is a blank check company recently formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition or other similar business combination, or control through contractual arrangements, one or more businesses in the media, entertainment and advertising industry with their principal operations and business in China.
CONTACT: Shine Media Acquisition Corp. Estelle Lau 650-529-0902 Head of Investor Relations info@shndu.com
Source: Business Wire (Business Wire India)