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Boingo Wireless Announces Pricing of Initial Public Offering of Common Stock
Posted: 04-May-2011 [Source: Boingo]

[Boingo begins trading on the NASDAQ Global Market today under the symbol "WIFI."]

Los Angeles -- Boingo Wireless, Inc., a leading global provider of commercial mobile Wi-Fi Internet solutions, today announced the pricing of its initial public offering of 5,770,000 shares of its common stock at a price to the public of $13.50 per share. The shares will begin trading on the NASDAQ Global Market under the symbol "WIFI" on Wednesday, May 4, 2011. Of the shares of common stock to be sold in this offering, Boingo is offering 3,846,800 shares and selling stockholders are offering 1,923,200 shares. In addition, Boingo has granted the underwriters a 30-day option to purchase up to an additional 865,500 shares, on the same terms and conditions, to cover over-allotments, if any. Boingo will not receive any of the proceeds from the sale of common stock by the selling stockholders.

Credit Suisse and Deutsche Bank Securities are acting as joint book-running managers, and Pacific Crest Securities and William Blair & Company are acting as co-managers, for this offering.

This offering will be made only by means of a written prospectus. A copy of the prospectus related to the offering, when available, may be obtained by contacting Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York 10010, telephone (800) 221-1037, email, or Deutsche Bank Securities Inc., Attention: Prospectus Department, Harborside Financial Center, 100 Plaza One, Jersey City, New Jersey 07311-3988, telephone (800) 503-4611, e-mail

A registration statement relating to the securities has been declared effective by the Securities and Exchange Commission on May 3, 2011. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, 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.


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