ENGLEWOOD, Colo.--(BUSINESS WIRE)--
WideOpenWest, Inc. (“WOW!” or the “Company”) (NYSE: WOW) announced today
the pricing of its initial public offering of 18,235,295 shares of its
common stock at a price to the public of $17.00 per share. In connection
with the offering, the Company has granted the underwriters a 30-day
option to purchase up to an additional 2,735,294 shares. The shares will
be listed on the New York Stock Exchange beginning on May 25, 2017, and
will trade under the symbol “WOW.” The offering is expected to close on
May 31, 2017.
UBS Investment Bank and Credit Suisse are acting as lead joint book
running managers and RBC Capital Markets, SunTrust Robinson Humphrey,
Evercore ISI and Macquarie Capital are acting as joint book running
managers for the offering. LionTree and Raymond James are acting as
co-managers.
The offering is being made only by means of a prospectus. A copy of the
prospectus may be obtained from UBS Securities LLC, Attn: Prospectus
Department, 1285 Avenue of the Americas, New York, NY 10019, telephone:
1-888-827-7275; or Credit Suisse Securities (USA) LLC, Attn: Prospectus
Department,
One Madison Avenue, New York, NY 10010, telephone: 1-800-221-1037, email:
[email protected].
The registration statement relating to these securities has been
declared effective by the Securities and Exchange Commission. 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 in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities
laws of any such state or jurisdiction.
About WOW!
WOW! is one of the nation's leading providers of high-speed Internet,
cable TV and phone serving communities in the U.S. WOW!’s operating
philosophy is to deliver a customer and employee experience that lives
up to its name.
Forward-Looking Statements
This press release contains forward-looking statements, including
statements regarding the initial public offering. These statements are
not historical facts but rather are based on the Company’s current
expectations and projections regarding its business, operations and
other factors relating thereto. Words such as “may,” “will,” “could,”
“would,” “should,” “anticipate,” “predict,” “potential,” “continue,”
“expects,” “intends,” “plans,” “projects,” “believes,” “estimates” and
similar expressions are used to identify these forward-looking
statements. These statements are only predictions and as such are not
guarantees of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. Actual results may differ
materially from those in the forward-looking statements as a result of a
number of factors, including those in the Company’s registration
statement filed with the Securities and Exchange Commission.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170524006365/en/
Source: WideOpenWest, Inc.