
Clearwire has already made two big announcements regarding their financing in recent months (a $1.5 billion announcement in early November followed by an additional $920 million later that month), but they're not done fund-raising just yet. Last week Clearwire registered for a $361 million rights offering that will allow them to offer the holders of its Class A common stock the right to purchase 0.4336 shares for $7.33 each; if all the rights are exercised by June of 2010 Clearwire will net $361 million. Like the money raised in November, Clearwire plans to use this money to continue to expand their CLEAR 4G WiMAX network to reach more customers in more markets.



