Towerstream (TWER) Announces $4M Common Stock Offering

September 16, 2016 9:35 AM EDT

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Towerstream Corporation (Nasdaq: TWER), a leading Fixed-Wireless Fiber Alternative company, today announced the pricing of a public offering. The offering consists of 2,962,963 shares of common stock at $1.35 per share for a total of $4,000,000 before the underwriter's discount and expenses.

Laidlaw & Company (UK) Ltd. acted as the sole book-running manager for the offering.

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