Starry+Group+Holdings, Inc. (the “Company” or “Starry”) today announced that in accordance with the terms of the warrant agreement governing (the “Warrant Agreement”) its outstanding warrants (CUSIP number 85572U 110) (the “Warrants”) to purchase 1.2415 shares of Class A common stock, par value $0.0001 per share (the “Class A common stock”), the warrant exercise price will be reduced from $11.50 per 1.2415 shares to $9.13 per 1.2415 shares. In addition, the Company announced the adjustment of the $18.00 per share redemption trigger price described in the Warrant Agreement to $14.29 per share and the adjustment of the $10.00 per share redemption trigger price described in the Warrant Agreement to $7.94 per share. Each of these adjustments was effective as of the close of trading on April 22, 2022.
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