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Published on 4/23/2015 in the Prospect News PIPE Daily.

Atlantic Alliance prices $75 million initial stock offering at $10.00

Offering sells 7.5 million shares through Citigroup, I-Bankers, Maxim

By Devika Patel

Knoxville, Tenn., April 23 – Atlantic Alliance Partnership Corp. priced its $75 million initial public sale of stock with an $11.25 million greenshoe, according to a Form S-1/A filed Thursday with the Securities and Exchange Commission. The deal was announced Feb. 23.

The company will sell 7.5 million ordinary shares at $10.00 apiece.

Citigroup Global Markets Inc. is the bookrunner.

The blank-check company is based in New York. It expects its shares to trade on the Nasdaq exchange under the symbol “AAPC.”

Issuer:Atlantic Alliance Partnership Corp.
Issue:Ordinary shares
Amount:$75 million
Greenshoe:$11.25 million
Shares:7.5 million
Price:$10.00
Warrants:No
Bookrunner:Citigroup Global Markets Inc.
Co-managers:I-Bankers Securities, Inc. and Maxim Group LLC
Announcement date:Feb. 23
Pricing date:April 23
Stock symbol:Nasdaq: AAPC

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