DGAP-News

Collabrium Japan Acquisition Corporation Announces Results of Tender Offer

DGAP-News: Collabrium Japan Acquisition Corporation
Collabrium Japan Acquisition Corporation Announces Results of Tender
Offer

22.08.2014 / 22:15

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LONDON, 2014-08-22 22:15 CEST (GLOBE NEWSWIRE) --
Collabrium Japan Acquisition Corporation (Nasdaq:JACQ) (Nasdaq:JACQW)
(Nasdaq:JACQU) ('Collabrium' or the 'Company') today announced the results of
its tender offer to purchase up to 1,346,041 of its ordinary shares at the
tender offer price of $10.52619 per share. The tender offer expired at 11:00
a.m., New York City time, on August 22, 2014. Based upon information provided
by Continental Stock Transfer & Trust Company, the depositary for the tender
offer, as of the expiration of the tender offer, a total of 979,633 ordinary
shares were validly tendered and not properly withdrawn. All such ordinary
shares were accepted for purchase, for a total purchase price of
$10,311,803.09, excluding fees and expenses related to the tender offer. Such
ordinary shares represent 26% of the Company's issued and outstanding ordinary
shares as of August 22, 2014. Payment for the ordinary shares accepted for
purchase will be made promptly.

Koji Fusa, the Company's Chief Executive Officer stated, 'We are pleased that
so many shareholders did not accept the tender offer and made the decision to
retain the right to participate in any initial business combination that we may
ultimately pursue.'

Morrow & Co., LLC acted as the Information Agent for the tender offer. For
questions and information, please call the Information Agent toll free at (800)
662-5200 (banks and brokers call collect at [phone]).

About Collabrium

Collabrium Japan Acquisition Corporation is a blank check company organized for
the purpose of acquiring, engaging in a share exchange, share reconstruction
and amalgamation, contractual control arrangement with, purchasing all or
substantially all of the assets of, or any other similar business combination
with, one or more businesses or entities. The Company's efforts to identify a
prospective target business are not limited to any particular industry or
geographic region.

Forward-Looking Statements

In addition to historical information, this release may contain a number of
'forward-looking statements' as defined in the Private Securities Litigation
Reform Act of 1995. These forward-looking statements relate to outlooks or
expectations for earnings, revenues, expenses or other future financial or