Attached files
| file | filename |
|---|---|
| 8-K - TOWERSTREAM CORP | v228755_8k.htm |
| EX-5.1 - OPINION OF SICHENZIA ROSS FRIEDMAN FERENCE LLP - TOWERSTREAM CORP | v228755_ex5-1.htm |
| EX-1.1 - EX-1.1 UNDERWRITING AGREEMENT. - TOWERSTREAM CORP | v228755_ex1-1.htm |
| EX-99.2 - PRESS RELEASE OF TOWERSTREAM CORPORATION, DATED JULY 15, 2011. - TOWERSTREAM CORP | v228755_ex99-2.htm |
Towerstream Corporation Announces Proposed Public Offering of Common Stock
MIDDLETOWN, R.I., July 14, 2011 (GLOBE NEWSWIRE) — Towerstream (Nasdaq:TWER), today announced that it is offering to sell shares of its common stock in an underwritten public offering. Towerstream also expects to grant the underwriter a 45-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering to cover over-allotments, if any. All of the shares in the offering are to be sold by Towerstream. Lazard Capital Markets LLC and Rodman & Renshaw, LLC are acting as the joint book-running managers and Merriman Capital, Inc. is acting as co-manager for the offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
A shelf registration statement on Form S-3 relating to the public offering of the shares of common stock described above was filed with the Securities and Exchange Commission and is effective. A preliminary prospectus supplement relating to and describing the terms of the offering will be filed with the SEC and will be available on the SEC’s web site at http://www.sec.gov. When available, copies of the preliminary prospectus supplement relating to these securities may also be obtained from the offices of Lazard Capital Markets LLC at 30 Rockefeller Plaza, 60th Floor, New York, NY, 10020 or via telephone at (800) 542-0970, or from Rodman & Renshaw, LLC, 1251 Avenue of the Americas, 20th Floor, New York, NY 10020 or via telephone at (212) 430-1710, or from the above-mentioned SEC website.
This press release does not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted.
About Towerstream Corporation
Towerstream is a leading 4G service provider in the U.S., delivering high-speed wireless Internet access to businesses. Founded in 2000, the Company has established networks in 12 markets including New York City, Boston, Los Angeles, Chicago, Philadelphia, the San Francisco Bay area, Miami, Seattle, Dallas-Fort Worth, Nashville, Las Vegas/Reno and the greater Providence area where the Company is based. For more information, visit our website at www.towerstream.com or follow us on Twitter @Towerstream.
The Towerstream Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6570
Safe Harbor
Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the Company with the Securities and Exchange Commission, including, without limitation, risk related to our ability to deploy and expand a Wi-Fi network in the New York City and other key markets. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The Company undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: Vision Advisors
INVESTOR CONTACT:
Terry McGovern
415-902-3001
mcgovern@visionadvisors.net
LaunchSquad Public Relations
MEDIA CONTACT:
Matt Calderone
212-564-3665
towerstream@launchsquad.com
Source: Towerstream Corporation
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