NEW YORK, Jan. 29 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today listed the units of Renaissance Acquisition Corp. under the ticker symbol RAK.U. The Company is expecting to issue 15.6M Units @ $6.00 per unit for gross proceeds of $93.6M. One unit consists of one share of common stock and two warrants. Initially, the units will be the only security trading. Ladenburg Thalmann & Co. Inc. is lead underwriter and Early Bird Capital, Inc. is a selling group member. Located in Pompano Beach, FL, Renaissance Acquisition Corp. is a recently formed company organized for the purpose of acquiring, through merger, capital stock exchange, asset acquisition or other similar business combination transaction, and operating business. "The American Stock Exchange is pleased to welcome Renaissance Acquisition Corp. to our market," said John McGonegal, Senior Vice President of Amex's Equities Group. "As a newly formed company entering an emerging marketplace, we believe Renaissance Acquisition can benefit from the host of services the Amex provides its listed companies." "I am thrilled to return to the American Stock Exchange," said Barry W. Florescue, Chairman and Chief Executive Officer of Renaissance Acquisition Corp. "I believe that the collective experience of the Renaissance management team provides unique advantages in both identifying and consummating opportunities to enhance shareholder value." The specialist in Renaissance Acquisition Corp. will be LaBranche & Co. For further information on RAK.U 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 236 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: Catherine Chantharaj of American Stock Exchange, +1-212-306-1689, Web site: http://www.amex.com/

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