SPAC buys nine very large crude oil tankers ("VLCCs")

• For a total purchase price of $778mm
• SPAC will also reincorporate as a Marshall Islands corporation

• EII news - stock chart

Announced 12.06.07

• Press release
• Form 8-K
• Slide presentation

Developments

• EII 2007 10-K  4.01.08

Financial

• Target: ___
• SPAC: ___

Legal

• Target: Watson, Farley & Williams
• SPAC: Loeb & Loeb

Filed on announcement

• Form 8-K summary
• Purchase agreement

Filed later

• Amended purchase agreement
• Financing term sheet

Proxy statements

• Preliminary  2.12.08

Reincorporation

• Form F-1 / F-4

• EDGAR exhibits

IPO summary

• $202.5mm units sold at $10.00
• Maxim Group
• Loeb & Loeb / Ellenoff Grossman
• Delaware incorporated

SEC filings

• IPO prospectus  7.18.06

• EDGAR 

SPACs