Iridium Announces Pricing of Common Stock and Series B Preferred Stock

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Iridium Communications (IRDM) Prices 7.38M Common, 500K Preferred Offering

May 9, 2014 7:17 AM EDT

Iridium Communications Inc. (Nasdaq: IRDM) announced the pricing of its offering of 7,377,050 shares of its common stock at a price to the public of $6.10 per share and 500,000 shares of its new 6.75% series B cumulative perpetual convertible preferred stock at a price to the... More