CD-Radio-Sirius

CD Radio

Business Description

CD Radio Inc. was a pioneer of satellite radio, which entailed the construction and launch of satellites into geosynchronous orbit to broadcast its radio service throughout the United States. The Company's programming consisted of commercial-free music, news, sports, weather, traffic, talk and entertainment.

Background

The Company was seeking equity capital as part of a larger financing for the construction and launch of satellites.

Solution

A principal of Carter Morse & Mathias acted as a managing underwriter on CD Radio’s follow on public offering.