Highlands Acquisition Corp. Announces Separate Trading of Common Stock and Warrants
October 16 2007 - 2:06PM
PR Newswire (US)
NEW YORK, Oct. 16 /PRNewswire-FirstCall/ -- Highlands Acquisition
Corp. (AMEX:HIA.U), (the "Company") announced today that,
commencing on October 17, 2007, the holders of the Company's units
may elect to separately trade the common stock and warrants
included in the Company's units. The common stock and warrants will
be quoted on the American Stock Exchange under the symbols HIA and
HIA.WS, respectively. Units not separated will continue to trade on
the American Stock Exchange under the symbol HIA.U. A registration
statement relating to the units was filed and declared effective by
the Securities and Exchange Commission. This press release shall
not constitute an offer to sell or the solicitation of an offer to
buy the securities of Highlands Acquisition Corp., nor shall there
be any sale of these securities in any state or jurisdiction in
which such an offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any
such state or jurisdiction. The Company's initial public offering
of its units was made only by means of a prospectus, copies of
which may be obtained from Citi, Brooklyn Army Terminal, 140 58th
Street, 8th Floor, Brooklyn, New York, 11220. About Highlands
Acquisition Corp. Highlands Acquisition Corp. is a newly organized
blank check company formed for the purpose of effecting a merger,
capital stock exchange, stock purchase, asset acquisition or other
similar business combination with one or more operating businesses.
The Company's efforts in identifying a prospective target business
will not be limited to a particular industry, although it initially
intends to focus its search for a target business in the healthcare
industry. Forward-Looking Statements This press release may contain
forward-looking statements within the meaning of the federal
securities laws. These forward-looking statements inherently
involve risks and uncertainties that are detailed in the Company's
prospectus and other filings with the Securities and Exchange
Commission and, therefore, actual results could differ materially
from those projected in the forward-looking statements. The Company
assumes no obligation to update publicly or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. DATASOURCE: Highlands Acquisition Corp.
CONTACT: Robert W. Pangia, Chief Executive Officer of Highlands
Acquisition Corp., +1-201-573-8400, Web site:
http://www.highlandscorp.com/
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