WOW! Announces Pricing of Initial Public Offering
May 24 2017 - 8:29PM
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:
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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version on businesswire.com: http://www.businesswire.com/news/home/20170524006365/en/
WideOpenWest, Inc.Lucas Binder, 303-927-4951VP Corporate
Development & Investor Relationslucas.binder@wowinc.com
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