New Issue: Zapata sells $29.04 million in Omega Protein stock

By Sheri Kasprzak

New York, Dec. 7 - Zapata Corp. sold $29,041,529 of Omega Protein Corp. stock to a group of institutional investors.

The 5,232,708 shares, sold at $5.55 each, represent all of Zapata's holdings in Omega Protein.

The shares were sold to Special Situations Fund III QP, LP; Special Situations Fund III, LP; Special Situations Cayman Fund, LP; Special Situations Private Equity Fund, LP; Franklin Microcap Value Fund; Wynnefield Partners Small Cap Value, LP; Wynnefield Partners Small Cap Value, LP I; and Channel Partnership II, LP.

D.A. Davidson & Co. was the placement agent.

Omega, based in Houston, processes fish meal and fish oil products.

Issuer:	Zapata Corp.
Issue:	Shares of Omega Protein Corp.
Amount:	$29,041,529
Shares:	5,232,708
Price:	$5.55
Warrants:	No
Investors:	Special Situations Fund III QP, LP; Special Situations Fund III, LP; Special Situations Cayman Fund, LP; Special Situations Private Equity Fund, LP; Franklin Microcap Value Fund; Wynnefield Partners Small Cap Value, LP; Wynnefield Partners Small Cap Value, LP I; Channel Partnership II, LP
Placement agent:	D.A. Davidson & Co.
Settlement date:	Dec. 4
Stock symbol:	NYSE: OME
Stock price:	$6.65 at close Dec. 4

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