Committed Capital Acquisition Corporation Announces Closing of $28, 750, 000 Initial Public Offering

NEW YORK, Oct. 28, 2011 /PRNewswire/ -- Committed Capital Acquisition Corporation ("Committed Capital")(OTCBB: CMTPU) announced today that it has closed its initial public offering of 5,750,000 units at a price of $5.00 per unit for net proceeds of $28.75 million, which includes the full exercise of the underwriter's over-allotment option.  Each unit consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $5.00 per share. The common stock ...continued CMTPU

URL: http://www.investorpoint.com/news/OTCBULLB/45648385/