Great American Group, Inc. is a development-stage company. The Company was formed as a wholly owned subsidiary of Alternative Asset Management Acquisition Corp. (AAMAC), for the purpose of effecting the merger of AAMAC with the Company’s wholly owned subsidiary, AAMAC Merger Sub, Inc. (Merger Sub), and its acquisition of Great American Group, LLC (GAG, LLC). As of June 30, 2009, the activities of the Company were limited to its organization, the preparation of a registration statement and other matters related to the merger between AAMAC and Merger Sub and the Company’s acquisition of GAG, LLC. As of June 30, 2009, the Company and Merger Sub were each a shell company that conducted no business operations and did not own or lease any real estate or other property. On July 31, 2009, GAG, Inc., GAG, LLC and AAMAC completed the acquisition. As a result of the acquisition, GAG, LLC and AAMAC became subsidiaries of GAG, Inc.