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Security Profile
- Security Type
- Common Stock
- CUSIP
- 85572U110
- Previous Symbol
- FMAC.W (changed 3/29/2022)
- Previous Name
- FirstMark Horizon Acquisition Corp
- Parent Company
- FirstMark Horizon Acquisition Corp (STRY)
Business: Starry, Inc. is using wideband hybrid-fiber fixed wireless technology, is deploying gigabit capable broadband to the home without bundles, data caps, or long-term contracts Using wideband hybrid-fiber fixed wireless technology
Notes: April 25, 2022 -- Starry Group Holdings, Inc. (the “Company” or “Starry”) today announced that in accordance with the terms of the warrant agreement governing (the “Warrant Agreement”) its outstanding warrants (CUSIP number 85572U110) (the “Warrants”)
to purchase 1.2415 shares of Class A common stock, par value $0.0001 per share (the “Class Acommon stock”), the warrant exercise price will be reduced from $11.50 per 1.2415 shares to $9.13 per 1.2415 shares. In addition, the Company announced the adjustment of the $18.00 per share redemption trigger price described in the Warrant Agreement to $14.29 per share and
the adjustment of the $10.00 per share redemption trigger price described in the Warrant Agreement to $7.94 per share. Each of these adjustments was effective as of the close of trading on April 22, 2022. <p> Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share, subject to adjustment.
Company Contact
- CEO
- Chaitanya “Chet” Kanojia
- CFO
- Komal Misra
- Headquarters
- 38 Chauncy Street, Suite 200, Boston, MA 02111
- Phone
- 617-861-8300
- Investor Relations
- Ben Barrett · 212-792-2200 · bbarrett@starry.com