ENGLEWOOD, Colo.--(BUSINESS WIRE)--
WideOpenWest, Inc. (“WOW!” or the “Company”) (NYSE: WOW) announced today
the closing of its previously announced initial public offering of
18,235,295 shares of its common stock, at a price to the public of
$17.00 per share. The Company also announced that the underwriters
exercised in full their option to purchase up to an additional 2,735,294
shares at the initial public offering price, less the underwriting
discount. The sale of the additional 2,735,294 shares was also completed
today. The shares began trading on the New York Stock Exchange on May
25, 2017, under the symbol “WOW.”
UBS Investment Bank and Credit Suisse acted as lead joint book running
managers and RBC Capital Markets, SunTrust Robinson Humphrey, Evercore
ISI and Macquarie Capital acted as joint book running managers for the
offering. LionTree and Raymond James acted as co-managers.
The offering was made only by means of a prospectus. A copy of the final
prospectus relating to this offering 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: newyork.prospectus@credit-suisse.com.
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.
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Source: WideOpenWest Inc.