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WOW! Announces Pricing of Initial Public OfferingWideOpenWest (News - Alert), 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 (News - Alert) 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/ |
