CIS Acquisition Announces its IPO

CIS Acquisition (CISAU) announced the pricing of its IPO and commencement of public trading on December 19, 2012. The initial public offering was of an aggregate of 4,000,000 units at $10.00 per unit. Each unit consists of one share of common stock and one warrant. The underwriters have a 45-day option to purchase up to an additional 360,000 units from the Company at the initial public offering price to cover over-allotments, if any. The Company also announced the completion of a private placeme...