American Stock Exchange Lists Common Stock of Universal Power Group, Inc.
21 Diciembre 2006 - 11:51AM
PR Newswire (US)
NEW YORK, Dec. 21 /PRNewswire/ -- The American Stock Exchange(R)
(Amex(R)) today listed the common stock of Universal Power Group,
Inc. under the ticker symbol UPG. Universal Power Group, Inc. (the
"Company"), located in Carrollton, TX, is a third-party logistics
company specializing in supply chain management and value-added
services and a supplier and distributor of portable power supply
products, such as batteries, security system components, and
related products and accessories. The common stock is an initial
public offering underwritten by Ladenburg Thalmann & Co. Inc.
and Wunderlich Securities, Inc. The Company is expecting to issue
3.0M shares of common stock @ $7.00 per share for gross proceeds of
approximately $21M. The Company is offering 2.0M shares of common
stock and the parent company, Zunicom, Inc., is selling 1.0M shares
of common stock that it owns. "We are pleased to welcome Universal
Power Group, Inc. to the American Stock Exchange," said John
McGonegal, senior vice president of Amex's Equities Group. "We look
forward to supporting Universal Power Group with the tools and
techniques to communicate its investment story to a greater number
of potential investors." "We are excited with our listing on Amex
as it represents another significant milestone in our corporate
growth strategy. We believe that this listing will increase our
visibility and provide added credibility within the financial
community and with our business partners, and in turn contribute to
building shareholder value," said Randy Hardin, President & CEO
of Universal Power Group. The specialist in Universal Power Group,
Inc. will be Kellogg Capital Group LLC. For further information on
UPG and other Amex-listed companies, please visit
http://www.amex.com/. The American Stock Exchange(R) (Amex(R))
offers trading across a full range of equities, options and
exchange traded funds (ETFs), including structured products and
HOLDRS(SM). In addition to its role as a national equities market,
the Amex is the pioneer of the ETF, responsible for bringing the
first domestic product to market in 1993. Leading the industry in
ETF listings, the Amex lists 222 ETFs to date. The Amex is also one
of the largest options exchanges in the U.S., trading options on
broad-based and sector indexes as well as domestic and foreign
stocks. For more information, please visit http://www.amex.com/
DATASOURCE: American Stock Exchange CONTACT: Media, Catherine
Chantharaj of American Stock Exchange, +1-212-306-1689, Web site:
http://www.amex.com/
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