MIAMI–(BUSINESS WIRE)—May 7, 2015 – Hemisphere Media Group, Inc. (NASDAQ:HMTV) (“Hemisphere” or the “Company”) today announced the pricing of a secondary public offering of 3,195,583 shares of its Class A common stock at a public offering price of $12.00 per share. The shares being offered are being sold by certain stockholders of the Company and the Company will not receive any of the proceeds from the sale of their shares. In addition, the underwriters have a 30-day option to purchase from the Company up to an additional 479,337 shares of Class A common stock. The offering is expected to close on or around May 13, 2015, subject to customary closing conditions.
Maxim Group served as a co-manager to Hemisphere Media Group’s $38.3 million follow-on offering.