BBV VIETNAM S.E.A. ACQUISITION CORPORATION

61 Hue Lane, HaiBa Trung District

 Hanoi, Vietnam

 

About BBV Vietnam S.E.A. Acquisition Corp.

 

            BBV Vietnam S.E.A. Acquisition Corp. is a blank check company formed for the purpose of acquiring, or acquiring control of, one or more operating businesses through a merger, capital stock exchange, asset acquisition, stock purchase or other similar business combination or contractual arrangements.  The Company intends to identify prospective acquisitions that are located in Asia,  The Company’s efforts to identify a prospective target business will not be limited to a particular industry or area in Asia, although it initially intends to focus its efforts on acquiring an operating business that has its primary operating facilities located in the Socialist Republic of Vietnam., as more fully described in the Company's prospectus.

 

Contact:

 

Eric M. Zachs

President

BBV Vietnam S.E.A. Acquisition Corp.

860-463-9033

 

Events and Press Releases:

 

March 29, 2010 – BBV Vietnam-Migami Proxy

 

You are cordially invited to attend the Special Meeting of Stockholders of BBV Vietnam S.E.A. Acquisition Corp. (the “Company”, “BBV”, “we”, “us” or “our”) at 10:00 a.m. Eastern time on April 14, 2010 at the offices of Ellenoff Grossman & Schole LLP, 150 East 42nd Street, 11th Floor, New York, New York, 10017.

 

At the Special Meeting of Company stockholders, Company stockholders will be asked to consider and vote on the following proposals:

 

(i)                  to approve the merger of Pharmanite, Inc. (“Pharmanite”), a recently-formed Delaware corporation and wholly-owned subsidiary of Migami, Inc., a Nevada corporation (“Migami”), with BBV Sub, Inc., a recently-formed Delaware corporation and wholly-owned subsidiary of the Company (“BBV Sub”), with Pharmanite surviving as a wholly-owned subsidiary of the Company, as a result of which Migami will transfer all of the outstanding capital stock of Pharmanite to the Company in exchange for 9,706,250 newly issued shares of the Company’s common stock (the “Transaction”), pursuant to the terms of a Merger Agreement and Plan of Reorganization, dated February 27, 2010, by and among the Company, BBV Sub, Migami and Pharmanite (the “Merger Agreement”), and the transactions contemplated thereby (the “Merger Proposal”);

 

(ii)                to approve an amendment to the Company’s amended and restated articles of incorporation to change the name of the Company to “Pharmanite holdings Inc.” (the “Name Change Proposal”);

 

(iii)               to approve an amendment to the Company’s amended and restated articles of incorporation to increase the authorized capital of the Company from 51,000,000 shares, consisting of 50,000,000 shares of common stock, par value $0.0001 per share (the “Common Stock”), and 1,000,000 shares of preferred stock, par value $0.0001 per share (the “Preferred Stock”), to 101,000,000 shares, consisting of 100,000,000 shares of Common Stock and 1,000,000 shares of Preferred Stock (the “Increase in Authorized Proposal”); and

 

(iv)              to approve separately certain amendments to the Company’s amended and restated articles of incorporation to eliminate certain special purpose acquisition company provisions therein (collectively, the “Elimination Proposals”). Each of these proposals is more fully described in the accompanying proxy statement.

 

Enclosed please find notices of the Special Meeting and a proxy statement containing detailed information concerning the Merger Agreement and the transactions contemplated thereby, and the proposed amendments to the amended and restated articles of incorporation. Whether or not you plan to attend the Special Meeting, we urge you to read this material carefully.                                          

 

Click for the notices of the Special Meeting and Proxy Statement

 

February 27, 2010 – Announces Signing of Merger Agreement for Business Combination with Migami, Inc.

 

BBV Vietnam S.E.A. Acquisition Corp. (OTC Bulletin Board: BBVUF, BBWF and BBVWF) (the “Company”) announced today that it has signed a definitive merger agreement with Migami, Inc. (“Migami”) whereby Migami will contribute all of its assets and liabilities into a newly formed subsidiary to be merged with and into a newly formed subsidiary of the Company, with the resulting company becoming a wholly owned subsidiary of the Company following the business combination.  As a result of the transaction, Migami would become the majority shareholder of the Company.

Click for the complete Press Release

 

February 12, 2010 – Special Meeting of Stock Holders (New York City, New York, USA)

 

You are cordially invited to attend the special meeting of stockholders of BBV Vietnam S.E.A. Acquisition Corporation (“BBV”, the “Company”, “we”, “us’ or “our”) to be held at 10:00 a.m. New York time on February 12, 2010 at the offices of Ellenoff Grossman & Schole LLP, 150 East 42nd Street, New York, New York 10017, for the sole purpose of considering and voting upon the following proposal:

a proposal to extend the date on which BBV must complete its initial business combination from February 13, 2010 to February 13, 2011 (the “Extension Proposal”).

 

Click for the complete announcement including Proxy Statement