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0 0 -0.000905252869972007 -0.000905252869972007 0.000803779096936886 -0.00130580723721627 -0.00319642385060919 0.000603501913314752
Stock impact report

Connectivity Wireless Secures $200 million of capital from First Citizens Bank and Post Road Group to Accelerate Growth

First Citizens BancShares, Inc. - Class A (FCNCA) 
Company Research Source: Business Wire
BOCA RATON, Fla.--(BUSINESS WIRE)--Connectivity Wireless, an M|C Partners backed platform and leading provider of in-building wireless solutions, today announced it has successfully secured a $110 million senior debt facility with an additional $30 million available at a later date led by First Citizens Bank. In addition, the company received a $60 million growth investment led by Post Road Group, with participation from Boundary Street Capital, further strengthening its financial position and fueling its continued venue network growth.This strategic financing will enable Connectivity Wireless to accelerate the deployment of its cutting-edge in-building wireless infrastructure solutions, enhance operational capabilities, and support the increasing demand for high-performance connectivity across various industries, including sports/entertainment arenas, healthcare, commercial real estate, education, and hospitality."We are thrilled to have the support of First Citizens Bank, Post R Show less Read more
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