BEIJING, Nov. 7 /Xinhua-PRNewswire/ -¨C AirMedia Group Inc. ("AirMedia")
The offering consists of 11,750,000 ADSs offered by AirMedia and 3,250,000 ADSs offered by a selling shareholder. AirMedia and another selling shareholder have granted the underwriters an option to purchase up to 2,000,000 and 250,000 additional ADSs respectively to cover over-allotments.
Morgan Stanley and Lehman Brothers Inc. acted as the joint book runners for this offering and CIBC World Markets Corp. and Susquehanna Financial Group, LLLP acted as co-managers for the offering.
AirMedia's registration statement relating to these securities was filed and declared effective by the U.S. Securities and Exchange Commission. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering of the securities is made only by means of a prospectus. A copy of the prospectus relating to the offering may be obtained by contacting Morgan Stanley & Co. Incorporated, 180 Varick Street, New York, New York 10014; Attention: Prospectus Department, or by email at
About AirMedia Group Inc.
AirMedia Group Inc.
For more information, please contact: Investor Contact: Raymond Huang Investor Relations Director Email:
email@example.comFD Beijing Julian Wilson Tel: +86-10-8591-1951 Email: firstname.lastname@example.orgFD New York Peter Schmidt Tel: +1-212-850-5654 Email: email@example.com
SOURCE: AirMedia Group Inc.
CONTACT: Investor Contact: Raymond Huang, Investor Relations Director,
Web Site: http://www.airmedia.net.cn/