NEW YORK, Nov. 20 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today lists the units of Ideation Acquisition Corp. under the ticker symbol IDI.U. The company issued 10,000,000 units (excluding over-allotment) at $8.00 unit for gross proceeds of $80,000 000. Each unit consists of one share of common stock and one warrant. Initially, the units will be the only security trading. Lazard Capital Markets is the lead underwriter with EarlyBirdCapital, Inc. as co-manager for this initial public offering. Based in Beverly Hills, CA, Ideation Acquisition Corp. is a newly formed company organized for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition or other similar business combination, one or more businesses. The Company's efforts in identifying prospective target businesses will not be limited to a particular industry, but it expects to focus on businesses in the digital media sector, which encompasses companies that emphasize the use of digital technology to create, distribute or service others that create or distribute content for various platforms including online, mobile, satellite, television, cable, radio, print, film, video games and software. "The American Stock Exchange is pleased to welcome Ideation Acquisition Corp. to our market," said Neal Wolkoff, Chairman and CEO of Amex. "As a newly formed company entering a challenging marketplace, we know Ideation Acquisition will benefit from the host of services the Amex provides its listed companies." The specialist for Ideation Acquisition Corp. is HBH Specialists, LLC. For further information on IDI.U and other Amex-listed companies, please visit http://www.amex.com/. About American Stock Exchange 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 375 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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