Where the two markets intersect, you'll find his wheelhouse. He has been an official Fool since 2006 but a jester all his life.The proposed offering will expand Internap's share count by at least 24% and perhaps as much as 27%, so today's market action actually leaves a small allowance for value-building along the way. These statements are based on the beliefs and expectations of the Company's management team based on information available at the time such statements are made. Internap Corporation (NASDAQ: INAP) is a leading-edge provider of high-performance data center and cloud solutions with 100 network Points of Presence worldwide. These statements are often identified by words such as "may," "will," "seeks," "anticipates," "believes," "estimates," "expects," "projects," "forecasts," "plans," "intends," "continue," "could" or "should," that an "opportunity" exists, that the Company is "positioned" for a particular result, statements regarding the Company's vision or similar expressions or variations. Get the latest Internap Corporation INAPQ detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. ... Internap Corporation: SingleHop acquisition boosts scale and capabilities but adds execution risks. Forward-looking statements include statements regarding the Company's ability to obtain approval by the Bankruptcy Court of the restructuring plan contemplated by the RSA or any other plan of reorganization, including the treatment of the claims of the Company's lenders, vendors, trade creditors and equity holders, among others under such plan; the Company's ability to obtain approval with respect to motions in the Chapter 11 cases and the Bankruptcy Court's rulings in the Chapter 11 cases and the outcome of the Chapter 11 cases in general; the length of time the Company will operate under the Chapter 11 cases and the continued availability of operating capital during the pendency of the Chapter 11 cases or difficulty in forecasting the liquidity requirements of the operations of the Company's business; the potential adverse effects of the Chapter 11 cases on the Company's business, liquidity, results of operations or business prospects; the unpredictability of the Company's financial results while in Chapter 11 proceedings; the ability to execute the Company's business and restructuring plan, including the Company's ability to continue to serve customers, suppliers and other business partners; increased legal and advisor costs related to the Chapter 11 cases and other litigation and the inherent risks involved in a bankruptcy process; the risk that the Chapter 11 cases may be converted to cases under Chapter 7 of the Bankruptcy Code; the Company's ability to retain key executives and employees during the Chapter 11 cases; the transactions contemplated by the RSA being subject to closing conditions, which conditions may not be satisfied for various reasons, including for reasons outside of the Company's control and any statements or assumptions underlying any of the foregoing.
Internap Corporation (NASDAQ:INAP) went down by -58.57% from its latest closing price when compared to the 1-year high value of $5.67 and move down -3950%, while INAP stocks collected -65.00% of loss with the last five trading sessions.
View Internap Corporation INAPQ investment & stock information. INAP… Market Segment: Corporates. LEI: 549300YV10314D7T5S48. Moody's Investors Service 22 …