Wilson Holdings, Inc. Closes
Secondary Offering
AUSTIN, Texas, May 21, 2007 (PRNewswire) -- Wilson
Holdings, Inc. (Amex: WIH) today announced the
completion of its secondary public offering of 5,000,000
shares of its common stock. The Company's common stock
is traded on the American Stock Exchange under the
symbol "WIH" and the shares issued in the offering were
sold at a price of $3.25 per share. After the deduction
of estimated offering expenses, the Company raised
approximately $14.6 million in the offering. Wilson
Holdings intends to use the net proceeds from this
offering for land acquisitions, homebuilding, land
development and for other general purposes. Wilson
Holdings also granted the underwriters a 30-day option
to purchase up to an additional 750,000 shares of common
stock at the same price to cover over-allotments.
Capital Growth Financial,
LLC acted as sole book-running manager of the offering.
A copy of the final prospectus relating to the offering
may be obtained from Capital Growth Financial, LLC, 1200
N. Federal Highway, Suite 400, Boca Raton, Florida
33432, 11220, (561) 367-7107, fax 561-416-4838.
This announcement does not
constitute an offer to sell, or the solicitation of an
offer to buy, any security and shall not constitute an
offer, solicitation or sale in any jurisdiction in which
such offer, solicitation or sale would be unlawful.
About
Wilson Holdings, Inc. and Wilson Family Communities,
Inc.:
Wilson Holdings, Inc. is
the parent company and sole owner of Wilson Family
Communities, Inc., an Austin, Texas based company that
acquires, develops, manages and markets residential
communities in the Central Texas region. To learn more
about Wilson Holdings, Inc. and Wilson Family
Communities, Inc., please visit the company's web site
at
www.wilsonfamilycommunities.com.
About InfusionCapital:
InfusionCapital (www.infusioncapital.com),
an investment banking consultancy firm located in
Celebration, Florida, specializes in a unique,
integrated approach to corporate governance and capital
formation. The firm has extensive experience in
assisting client companies with each phase of
capitalization and the complex processes that accompany
it.
For more
information, contact:
Andrew Zelman
InfusionCapital
407-566-1090
www.infusioncapital.com
