SHANGHAI, China and ATLANTA, Dec. 20 /Xinhua-PRNewswire/ -- Middle
Kingdom Alliance Corp. ("the Company") (OTC Bulletin Board: MKGDU.OB;
MKGBU.OB) today announced the closing of the Company’s initial public
offering of 198,000 Series A units and 3,300,000 Series B units.
Each Series A unit consists of one share of common stock, par value
US$0.001 and five warrants each to purchase one share of common stock and
each Series B unit consists of one share of common stock, par value US$0.001
and one warrant to purchase one share of common stock. Both the Series A and
Series B units were sold at an offering price of US$8.00. I-Bankers
Securities Incorporated, Newbridge Securities Corporation and Westminster
Securities Corporation acted as the managing underwriters for the initial
public offering. The Company’s units began trading on the over the counter
bulletin board on Thursday, December 14, 2006.
Copies of the prospectus relating to this offering may be obtained from I-
Bankers Securities Incorporated, 125 E. John Carpenter Freeway, Suite 260,
Irving, TX 75062 or from Middle Kingdom Alliance Corp., 333 Sandy Springs
Circle, Suite 223, Atlanta, GA 30328 or on the internet at:
http://www.sec.gov/Archives/edgar/data/1360244/000119312506253530/0001193125-
06-253530-index.htm
This announcement is neither an offer to sell nor a solicitation of an
offer to buy these securities. The offer is made only by the prospectus.
About Middle Kingdom Alliance Corp.
Middle Kingdom Alliance Corp. is a company with offices in Shanghai,
People’s Republic of China and in Atlanta, Georgia, USA. The Company was
formed for the purpose of completing a merger, capital stock exchange, asset
purchase or other similar business combination with a company having its
primary or substantial operations in the People’s Republic of China.
