Partner Harvey Kesner Represents Towerstream Corporation on $1.25 Private Placement
Press Release – New York, NY – July 11, 2016 – Securities and corporate law firm Sichenzia Ross Friedman Ference LLP is pleased to announce that the firm has represented Towerstream Corporation (NASDAQ: TWER), a leading fixed-wireless fiber alternative company, on a private placement of 892,857 shares of Series B Preferred Stock and five year warrants to purchase 223,214 shares of common stock. Each preferred share is convertible into 0.5 shares of common stock and the warrants have an exercise price of $3.00.
Towerstream raised $1.25 million in gross proceeds.
The Sichenzia Ross Friedman Ference LLP team was led by partner Harvey Kesner and Avital Even-Shoshan and Evan Berger.
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