Energy Infrastructure Acquisition Corp. Receives Delisting Notice From the New York Alternext US LLC
WILMINGTON, DE--(Marketwire - November 26, 2008) - Energy Infrastructure Acquisition Corp.
(AMEX: EII) (AMEX: EIIW) ("Energy Infrastructure" or the "Company") today
reported that it has received a letter from the NYSE Alternext US LLC,
formerly the American Stock Exchange ("Exchange"), confirming the intent of
the Exchange to strike the common stock and warrants of the Company from
the Exchange by filing a delisting application with the Securities and
Exchange Commission ("SEC") pursuant to Section 1009(d) of the Exchange's
The letter indicated that as a result of the Company's initial liquidating
distribution of the trust account on November 13, 2008, of $10.0525 per
share to the holders of shares of common stock purchased in the Company's
initial public offering, the Company has become subject to Sections
1003(c)(iii) and 1002(e) of the Exchange's Company Guide. Section
1003(c)(iii) states that the Exchange will normally consider suspending
dealings in, or removing from the list, securities of an issuer when advice
has been received, deemed by the Exchange to be authoritative, that the
security is without value, and Section 1002(e) states that the Exchange, as
a matter of policy, will consider the suspension of trading in, or removal
from listing, any security when, in the opinion of the Exchange, an event
shall occur or a condition shall exist which makes further dealings on the
The Company is continuing its process of dissolution and liquidation of the
trust account and does not intend to take any specific actions in response
to the Exchange's letter.
About Energy Infrastructure
Energy Infrastructure is a blank check company that was formed for the
specific purpose of consummating a business combination. Energy
Infrastructure raised net proceeds of approximately $209.3 million, after
partial exercise of the underwriter's over-allotment option, through its
initial public offering consummated in July 2006.
Contact Information: Contact:
Energy Infrastructure Acquisition Corp.
1105 North Market Street, Suite 1300
Wilmington, Delaware 19801
Investor Relations / Financial Media:
Capital Link, Inc.
230 Park Avenue, Suite 1536
New York, NY 10169
Tel: +1 212 661 7566