Towerstream Corporation just filed a prospectus, suggesting it plans to soon issue some securities

Towerstream Corporation just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:

424B4 1 twer20160919_424b4.htm FORM 424B4 twer20160803_s1.htm Filed pursuant to Rule 424(b)(4) Registration No. 333-212995   805,000 Shares        Common Stock    This prospectus relates to the offer for sale of 805,000 shares of common stock, par value $0.001 per share, by the existing holders of the securities named in this prospectus, referred to as selling stockholders throughout this prospectus. We will not receive any of the proceeds from the sale of common shares b y the selling stockholders named in this prospectus.    The distribution of securities offered hereby may be effected in one or more transactions that may take place on The NASDAQ Capital Market, including ordinary brokers’ transactions, privately negotiated transactions or through sales to one or more dealers for resale of such securities as principals, at market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices. Usual and customary or specifically negotiated brokerage fees or commissions may be paid by the selling stockholders. Our common stock is presently quoted on The Nasdaq Capital Market under the symbol “TWER”. On September 15, 2016, the last reported sale price for our common stock on The Nasdaq Capital Market was $1.82 per share.    The selling stockholders and intermediaries through whom such securities are sold may be deemed “underwriters” within the meaning of the Securities Act of 1933, as amended, with respect to the securities offered hereby, and any profits realized or commissions received may be deemed underwriting compensation. We have agreed to indemnify the selling stockholders against certain liabilities, including liabilities under the Securities Act of 1933, as amended.     On September 16, 2016, a registration statement under the Securities Act of 1933, as amended, with respect to our public offering underwritten by Laidlaw & Company (UK) Ltd., as the underwriter, of $4.0 million of our common stock was

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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