Brief: pdvWireless Launches Proposed Follow-On Public Offering Of $85 Mln Of Common Stock

Anterix

15/07/2019 21:21

July 15 (Reuters) - pdvWireless Inc  ATEX.O :
    * ANTERIX LAUNCHES PROPOSED FOLLOW-ON OFFERING
    * PDVWIRELESS INC - LAUNCH OF A PROPOSED FOLLOW-ON PUBLIC
OFFERING
OF $85 MILLION OF COMMON STOCK.
    * PDVWIRELESS INC - TO USE NET PROCEEDS FROM THIS OFFERING
FOR
RETUNING ITS SPECTRUM BY RELOCATING INCUMBENTS
    * PDVWIRELESS INC - TO USE NET PROCEEDS FROM THE OFFERING
FOR
ACQUIRING ADDITIONAL SPECTRUM TO QUALIFY FOR BROADBAND LICENSES
& TO SUPPORT BROADBAND USE

Source text for Eikon:  ID:nPn6PSmhra 
Further company coverage:  ATEX.O 

 (Reuters.Briefs@thomsonreuters.com)