SOURCE: TAC Acquisition Corp.

June 29, 2005 10:56 ET

TAC Acquisition Corp. Announces Pricing of Initial Public Offering

GREENWICH, CT -- (MARKET WIRE) -- June 29, 2005 -- TAC Acquisition Corp. (OTC BB: TACAU) announced today that it has priced its initial public offering of 20,000,000 units at $6.00 per unit, raising $120 million in gross proceeds. Each unit consists of one share of common stock and two warrants. The securities are expected to be delivered on Friday July 1, 2005.

Wedbush Morgan Securities Inc. acted as lead book-running manager for the transaction. Oppenheimer & Co.; Brean Murray & Co., Inc.; EarlyBird Capital, Inc.; and Ramius Securities, LLC acted as co-managers.

This press release does not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the securities referred to in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction. The offering may be made only be means of a prospectus, copies of which may be obtained from Wedbush Morgan Securities Inc., 1000 Wilshire Boulevard, 90017 Los Angeles, CA.

Contact Information

  • Contact:
    TAC Acquisition Corp.
    203-983-5276