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Archive for the ‘Posts – Brett Goetschius’ Category

Chinese Solar Tech Company Receives $50M PIPE from World Bank

Posted by Brett Goetschius at 12:04 PM on Thursday, July 23rd, 2009

PIPEWire
July 14, 2009 2:41PST
The World Bank completed a PIPE investment in Suntech Power Holdings on Friday, providing the Chinese maker of solar panels with $50 million to refinance debt and switch to a higher-quality solar technology. Full Story

China’s GEB Could Compete With U.S. Markets

Posted by Brett Goetschius at 12:01 PM on Thursday, July 23rd, 2009

PIPEWire
July 21, 2009 12:30PST
As if Wall Street’s collapse hadn’t done enough damage to the flow of Chinese companies seeking U.S. listings and capital, the PIPE market could encounter even more competition with the anticipated launch this fall of China’s Growth Enterprise Board (GEB) on the Shenzhen Stock Exchange. Full Story

InterAmerican Amends Merger

Posted by Brett Goetschius at 11:56 AM on Thursday, July 23rd, 2009

SPACWire
July 22, 2009 4:50PST
InterAmerican Acquisition Group will convert its current outstanding shares into two new classes of stock after its merger with the Chinese urban planner China New Cities Development, according to an amended agreement. Full Story

Pantheon China Gets Shareholder Approval

Posted by Brett Goetschius at 12:24 PM on Monday, July 6th, 2009

SPACWire
July 2, 2009 2:15PM PST
Two days after holding its shareholder vote, Pantheon China Acquisition Corp. announced it received the necessary approvals to complete its merger with China Cord Blood Services Corp. Full Story

Middle Kingdom Completes Chinese Cell Phone Merger

Posted by Brett Goetschius at 12:21 PM on Monday, July 6th, 2009

SPACWire

July 2, 2009 9:25AM PST
Middle Kingdom Alliance Corp. shareholders voted Monday to approve its merger with Chinese cell phone distributor Pypo Digital Co. Full Story

Alyst Closes Merger After Taking Cash off the Table

Posted by Brett Goetschius at 12:18 PM on Monday, July 6th, 2009

SPACWire

July 1, 2009 6:39PM PST

Alyst Acquisition Corp. shareholders approved its merger with the Chinese advertising company China Networks Media after the SPAC took away $10 million in cash from China Networks common shareholders. Full Story

China Discovery Completes Noodle Deal

Posted by Brett Goetschius at 12:17 PM on Monday, July 6th, 2009

SPACWire
July 1, 2009 6:37PM PST
After last minute negotiations and changes, China Discovery Acquisition Corp. announced earlier this week that it completed its merger with the Chinese instant noodle maker HeNan Smart Food Co.
Full Story

Funds Power $40M PIPE by Chinese Energy Co.

Posted by Brett Goetschius at 12:14 PM on Monday, July 6th, 2009

PIPEWire
June 30, 2009 3:55PM PST
Four active PIPE investors plowed $40 million into A-Power Energy Generation Systems to fund the Chinese energy company’s expansion efforts. Full Story

AutoChina Selling Dealer Business to Focus on Financing

Posted by Brett Goetschius at 12:33 PM on Thursday, July 2nd, 2009

SPACWire
June 19, 2009 12:46PM PST
Just two months after completing a merger with a SPAC, AutoChina International is selling its car dealership business for about $68.8 million. Full Story

Alyst Withdraws $10M Cash Payment to China Networks Media

Posted by Brett Goetschius at 12:29 PM on Thursday, July 2nd, 2009

SPACWire
June 23, 2009 5:24PM PST
Alyst Acquisition Corp. announced yesterday that it withdrew a $10 million cash payment to China Networks Media’s common stockholders that was part of the upfront consideration in their merger. Full Story