Ntr Acquisition (AMEX:NTQ)
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From Jun 2019 to Jun 2024
NTR Acquisition Co. (AMEX: NTQ, the "Company") is providing additional
details on its trust account. The funds raised in the Company's initial
public offering on January 30, 2007 are deposited in a segregated trust
account at Citibank N.A. and the trustee is American Stock Transfer &
Trust Company. As of October 9, 2008 the account balance was
$246,441,371. The segregated trust account currently holds the following
US Treasury Bills:
US Treasury Bills:
Security
Principal Amount
Maturity Date
CUSIP
T?Bill
$6,500,000
12/04/08
912795H95
T?Bill
$80,000,000
12/11/08
912795J28
T?Bill
$80,000,000
12/11/08
912795J28
T?Bill
$80,000,000
12/11/08
912795J28
In addition to the US Treasury Bills, the Company's trust account has a
cash balance of $218,921, which is deposited in a US Treasury money
market fund.
NTR Acquisition Co. is a special purpose acquisition company organized
under the laws of the State of Delaware on June 2, 2006. NTR was formed
to acquire, through a merger, capital stock exchange, asset acquisition
or other similar business combination, one or more businesses or assets
in the energy industry, with a particular focus on businesses or assets
involved in the refining, distribution and marketing of petroleum
products in North America.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the securities of the Company nor shall
there be any sale of these securities in any state in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.