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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): May 13, 1998
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ADVANCED RADIO TELECOM CORP.
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Delaware 000-21091 52-1869023
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(STATE OR OTHER JURISDICTION (COMMISSION (IRS EMPLOYER
OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO.)
500 108th Avenue, NE, Suite 2600, Bellevue, Washington 98004
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER: (425) 688-8700
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N/A
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(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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ITEM 5. OTHER EVENTS
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On May 13, 1998, the Registrant issued a press release announcing its plans
to offer $125 million gross proceeds of units consisting of Senior Subordinated
Notes and Warrants to purchase Common Stock through a Rule 144A offering.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
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(c) EXHIBITS:
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Exhibit 99 Press release
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ADVANCED RADIO TELECOM CORP.
Date: May 15, 1998 By: /s/ Thomas M. Walker
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EXHIBIT INDEX
The following designated exhibits are filed herewith:
Exhibit Page Number
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99 Press release
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EXHIBIT 99
ART PLANS 144A PLACEMENT OF NOTES AND WARRANTS
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BELLEVUE, WASHINGTON (MAY 13, 1998) -- Advanced Radio Telecom Corp. (ART)
(NASDAQ: ARTT) announced today that it plans to offer $125 million gross
proceeds of units consisting of Senior Subordinated Notes and Warrants to
purchase Common Stock through a Rule 144A private offering. The proceeds of the
offering would be utilized in funding the first phase of the Company's broadband
data network.
The units have not been, and will not be, registered pursuant to the
Securities Act of 1933, as amended, and may not be offered or sold in the United
States absent registration or an applicable exemption from registration
requirements.
Based in Bellevue, Washington, ART provides cost-effective, end-to-end
local broadband communications services. ART's 38 GHz broadband spectrum
licenses cover 210 markets in the U.S. Additional licenses cover the United
Kingdom, Denmark, Norway and Sweden. For further information visit ART's web at
http://www.artelecom.com.
