May 2010

National American Univ. Holdings, Inc. (NASDAQ; NAUH) $60M Follow-On Offering

Signal Hill served as one of three underwriters on the recent Follow-On Offering for National American University Holdings.

National American is a regionally accredited, for-profit, multi-campus institution of higher learning. The Company offers academic programs to students through campus-based and online instruction. National American provides Associate, Bachelor?s and Master?s degree programs in business and healthcare-related disciplines (57 degree and diploma programs). The Company currently enrolls ~8,000 students.

National American University Holdings was formerly known as Camden Learning Corporation. The Company was a special purpose acquisition company formed to serve as a vehicle for the acquisition of an operating business. On November 23, 2009, National American was formed as a result of a merger between Camden Learning and the operations of Dlorah, Inc.

National American was founded in 1941 and is headquartered in Rapid City, SD.

$60,375,000 Follow-On Offering

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