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|Orange 21 Announces Exercise of Over-Allotment Option|
|CARLSBAD, Calif.--(BUSINESS WIRE)--Jan. 12, 2005--Orange 21 Inc.
(Nasdaq:ORNG-News) today announced that the underwriters of its initial
public offering have exercised their over-allotment option to purchase
from the company 520,000 shares of common stock at the public offering
price of $8.75 per share.|
Roth Capital Partners, LLC acted as lead manager for the offering.
First Albany Capital Inc. acted as co-manager for the offering.
A copy of the final prospectus relating to the offering may be
obtained from Roth Capital Partners at 24 Corporate Plaza, Newport
Beach, CA 92600, or by telephone at 800-678-9147.
On December 13, 2004, the Securities and Exchange Commission
declared a registration statement relating to these securities
effective. This press release shall not constitute an offer to sell or
the solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction where such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
About Orange 21
Orange 21 designs, develops and markets premium products for the
action sports and youth lifestyle markets. Orange 21's principal
products, sunglasses and goggles, are marketed under its brand, Spy
Orange 21 Inc.
Michael Brower, 760-804-8420