Website: N/A
Stock Symbol: NASDAQ: GFN
Market Value: N/A (in millions)
We were incorporated in Delaware on October 14, 2005 in order to serve as a
vehicle to effect a business combination with one or more operating businesses.
From inception through the end of the period covered by this Report, we have
been a development stage company. We did not have any business or operations and
our activities were limited to raising capital in our initial public offering
(the “IPO”) in April 2006, identifying an operating business to acquire, and
negotiating and entering into an agreement to acquire Royal Wolf.
We issued 8,625,000 units in our IPO. Each unit consists of one share of our
common stock and one warrant entitling the holder to purchase one share of our
common stock at a price of $6.00. The public offering price of each unit was
$8.00, and we generated gross proceeds of $69,000,000 in the IPO.