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SPAC IndAS Green Acquisition files for IPO

July 15, 2008

IndAS Green Acquisition, a SPAC that intends to target energy, alternative energy or environmental businesses with operations in India or Southeast Asia, filed with the SEC for an IPO on Monday. The company is sponsored by Mission Biofuels and plans to offer 5.3 million units at an expected price of $8. Chardan Capital Markets and Macquarie Securities are the lead underwriters on the deal.