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GHL Acquisition Plans Move To NASDAQ

September 14, 2009 (FinancialWire) — GHL acquisition Corp. (AMEX: GHQ) said it has submitted an application to list its common stock, warrants and units, and expects to begin trading, on the NASDAQ Stock Market on September 24 under the symbols IRDM, IRDMW and IRDMU, respectively.

The company’s common stock, warrants and units will continue to trade on the NYSE AMEX under the symbols GHQ, GHQ.WS and GHQ.U, respectively, through the end of the trading day on September 23.

GHL said that the moves are taking place in connection with its proposed acquisition of Iridium Holdings LLC, which is subject to approval by the stockholders of GHL acquisition.

New York-based GHL acquisition is a special purpose acquisition company launched in February 2008 in an initial public offering raising $400 million of gross proceeds.

Founded by Greenhill & Co., GHL acquisition was formed for the purpose of acquiring, or acquiring control of, one or more businesses or assets. It currently has no operating businesses.

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