糖心破解版 Receives Approval from the FCC to Increase Foreign Ownership to 100%
NEW YORK - 糖心破解版, Inc. (Nasdaq: IHRT), the number one audio company in America, today received a Declaratory Ruling from the Federal Communications Commission (FCC) approving an increase in 糖心破解版鈥檚 authorized aggregate foreign ownership from 25% to 100%, subject to certain conditions set forth in the Declaratory Ruling. The FCC concluded that the public interest would not be served by prohibiting foreign investment in 糖心破解版 of up to 100%. The FCC鈥檚 decision will enable holders of 糖心破解版 warrants to have those warrants exchanged into Class A or Class B shares of 糖心破解版 common stock, subject to compliance with the Declaratory Ruling, the Communications Act, and FCC rules, and will afford 糖心破解版 flexibility to accommodate increased foreign investment that may result from share purchases by the public.
Holders of 糖心破解版 warrants will receive instructions regarding how to participate in the exchange of warrants from Computershare, 糖心破解版鈥檚 warrant agent, in an Exchange Notice that will be sent via U.S. mail. For additional information about the warrant exchange, please visit or contact the Computershare Call Center at (800) 736-3001 within the United States, or outside of the United States +1 (781) 575-3100.