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Quotes & Info
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| CLWR > SEC Filings for CLWR > Form 8-K on 11-Jun-2012 | All Recent SEC Filings |
11-Jun-2012
Unregistered Sale of Equity Securities, Regulation FD Disclosure
As previously disclosed, on June 1, 2011, Sprint Nextel Corporation, or Sprint, notified Clearwire Corporation, or Clearwire, of its election to surrender 77,413,434 shares of Class B Common Stock of Clearwire to reduce its voting interest in Clearwire. In a letter dated June 8, 2012, Sprint exercised its right to revoke the share surrender in exchange for the payment to Clearwire of $7,741.34. The Class B Common Stock was reissued to Sprint in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act") pursuant to Section 4(2) of the Securities Act.
The transactions described above are not connected to the Sales Agreement described in Clearwire's Current Report on Form 8-K filed on May 4, 2012.
The information included in Item 3.02 of this Current Report is incorporated by reference into this Item 7.01.
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