Towerstream Announces Reverse Split of its Common Stock
TOWERSTREAM CORP (TWER)
US:NASDAQ Investor Relations:
ir.towerstream.com
Company Research
Source: GlobeNewswire
MIDDLETOWN, R.I., Sept. 28, 2017 (GLOBE NEWSWIRE) -- Towerstream Corporation (OTCQB:TWER), a fixed wireless fiber alternative provider, today announced a 1-for-75 reverse split of its outstanding shares of common stock. The company’s common stock will commence trading on a split-adjusted basis on Friday, September 29, 2017. The company’s trading symbol will temporarily change to “TWERD” for approximately 20 trading days, after which it will revert to the original symbol. The post-split Cusip number for Towerstream is 892000308. Shareholders who hold their shares in electronic form at their brokerage firms need not take any action, as the shares held in brokerage accounts will be automatically adjusted to reflect the reverse stock split. Shareholders holding paper certificates may (but are not required to) send the certificates to Towerstream’s transfer agent, Equity Stock Transfer. The transfer agent will issue a new share certificate reflecting the terms of the reverse stock spl
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