Cazador Acquisition Corporation Ltd. (0001499961)

WEB NEWS

Friday, October 8, 2010

SPAC Activity

Cazador Acquisition Corporation set to go public as a Special Acquistion Company:

We will focus on a business combination in developing countries in Central and Eastern Europe, Latin America and Asia, which we refer to as emerging markets, but we may pursue opportunities in other geographical areas.

Details of the offering:

This is the initial public offering of our securities. We are offering 4,000,000 units. The public offering price will be $10.00 per unit. Each unit consists of one ordinary share and one warrant that entitles the holder to purchase one ordinary share at an exercise price of $7.50. The warrants will become exercisable on the later of the completion of our initial business combination and one year from the date of this prospectus, provided that at that time we have an effective registration statement covering the ordinary shares issuable upon exercise of the warrants, and a current prospectus relating to the offer and sale of those ordinary shares is available. The warrants will expire five years from the date of the initial business combination, unless earlier redeemed by us.



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