Regent Communications has set a price of $7.50 per share on its add-on stock offering, and because investor demand was higher than expected, the planned offering of 8.25 million shares was kicked up to 10.5 million.
Regent Communications has set a price of $7.50 per share on its add-on stock offering, and because investor demand was higher than expected, the planned offering of 8.25 million shares was kicked up to 10.5 million.
Regent Communications plans to offer approximately 8,000,000 shares of common stock. The offering represents a new financing plan by the company which owns six stations in Utica-Rome including market leaders Big Frog 104 (WFRG) and Lite 98.7 (WLZW).