AUSTIN, Texas, May 3, 2013--(BUSINESS WIRE)-- Spectrum Acquisition Holdings, Inc. (OTC Market: SPAH), announces its new name. Spectrum Acquisition Holdings, Inc. is now Nouveau Holdings, Ltd. (OTC Market: NHLI).
Also announced is a reverse stock split where 1 share of common stock will be issued for previously issued 800 shares of common stock.
1 for 800 reverse split of the Company's common stock, par value $0.001 per share (the "Reverse Split"), and a name change from "Spectrum Acquisition Holdings Ltd." to "Nouveau Holdings, Ltd." (the "Name Change" and together with the Reverse Split, the "Corporate Action") was effected through a Certificate of Amendment filed with the Nevada Secretary of State on February 19, 2013. This Corporate Action was approved by the Financial Industry Regulatory Authority, Inc. effective April 30, 2013.
Dale Henry, President, stated, "These changes will allow the company under its new name and capital structure to move forward in a new environment. We are very excited about the Company and the various avenues we look to endeavor."
About Nouveau Holdings, Ltd. (NHLI)/aka Spectrum Acquisition Holdings, Inc.
Nouveau is executing a strategy for growth. Along with its name change, Nouveau is expanding its field of interest to any business. Nouveau is developing technology solutions to enable more sustainable, smaller footprint mineral exploration, production and processing.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. NHLI has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect NHLI's current beliefs and are based upon information currently available to it.
SOURCE: Nouveau Holdings, Ltd.
Nouveau Holdings, Ltd A. Dale Henry, 512-924-9308 CEO/President or
Investor Relations: email@example.com
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