Last week, twenty-eight SPACs, including the two we already reported on (KBL Healthcare Acquisition Corp. III and Tremisis Energy Acquisition Corp II), were issued notices for violating Section 704 of the NYSE Alternext US Company Guide because each of the nearly thirty SPACs did not hold an annual meeting of its stockholders during the year ended December 31, 2008.

A number of the SPACs, including Hicks Acquisition Company I, Inc., Columbus Acquisition Corp., and Alyst Acquisition Corp. have appealed to the Exchange to combine the annual meeting that they need to have with their upcoming acquisition meetings (during which shareholders will vote to approve or deny any proposed transactions).

Those without any upcoming acquisitions votes will most likely be compelled to hold a separate annual meeting, as will those SPACs that have appealed to the exchange, if the exchange denies their requests.

Here is the complete list of the affected SPACs:

  • Advanced Technology Acquisition Corp
  • Alternative Asset Management Acquisition Corp.
  • Alyst Acquisition Corp.
  • Apex Bioventures Acquisition Corporation
  • Capitol Acquisition Corp
  • China Holdings Acquisition Corp.
  • Columbus Acquisition Corp.
  • Enterprise Acquisition Corp.
  • Global Brands Acquisition Corp
  • Global Consumer Acquisition Corp
  • Golden Pond Healthcare, Inc.
  • GSC Acquisition Co
  • Hicks Acquisition Company I, Inc.
  • Ideation Acquisition Corp
  • Inter-Atlantic Financial, Inc.
  • KBL Healthcare Acquisition Corp. III
  • MBF Healthcare Acquisition Corp
  • NRDC Acquisition Corp.
  • Prospect Acquisition Corp
  • Santa Monica Media Corp
  • Secure America Acquisition Corporation
  • SP Acquisition Holdings, Inc.
  • Stoneleigh Partners Acquisition Corp
  • TM Entertainment and Media, Inc.
  • Tremisis Energy Acquisition Corp II
  • Triplecrown Acquisition Corp.
  • United Refining Energy Corp
  • Victory Acquisition Corp