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Tower One Wireless Filed, US Offering, Nasdaq: TO

Owns and operates mobile network towers in the Americas.

Industry: Communication Services

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First Day Return:

Return from IPO:

Industry: Communication Services

The Company is a pure-play, Build-to-Suit ("BTS") tower owner, operator and developer of multitenant communications real estate. The Company's primary business is the leasing of space on communications sites to mobile network operators in countries it services with non-cancellable lease terms of over 10 years, which include inflation escalators. Each tower is built with an initial anchor tenant commitment and space for an additional 1-3 tenants, or collocations. The Company does not build any towers without an anchor tenant in place. The Company offers tower-related services in the largest Spanish speaking countries in Latin America: Ecuador, Argentina, Colombia and Mexico. These tower-related services include site acquisition, zoning and permitting, structural analysis, and construction which primarily supports the Company's site leasing business, including the addition of new tenants and equipment on its sites. BTS is a process where a long-term lease is secured with a tenant prior to the construction of a tower.
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IPO Data
IPO File Date 08/09/2022
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $14
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $14
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Maxim Group LLC
Company Data
Headquarters Bogota, Colombia
Founded 2015
Employees 68
Website www.toweronewireless.com

Tower One Wireless (TO) Performance