On November 19th, 2010,
China Ceramics Co., Ltd. (NASDAQ: CCCL) announced the pricing of an underwritten public
offering of 3,350,000 shares at a price of $7.75 per share for an aggregate of
approximately $26 million gross proceeds. The
offering of the shares was made pursuant to a registration statement previously
filed with the Securities and Exchange Commission. ROTH Capital Partners acted as the sole
book-running manager of the offering.
The Company also granted the underwriters a 45-day option to purchase up to an
additional 502,500 shares to cover over-allotments, if any.
China Ceramics Co.,
Ltd., formerly China Holdings Acquisition Corp., is a leading manufacturer of
ceramic tiles in China. The Company's ceramic tiles are used for exterior
siding, interior flooring, and design in residential and commercial buildings.
Company Press Release)