Gray Television completes $250.1 million public offering of Common Stock

Client(s) Gray Television, Inc.

Jones Day advised Gray Television, Inc., a television broadcast company headquartered in Atlanta, Georgia that owns and/or operates over 100 television stations and leading digital assets in markets throughout the United States, in connection with its underwritten public offering of 17.25 million shares of Common Stock. Wells Fargo Securities acted as sole book-running manager for the offering. BofA Merrill Lynch and Deutsche Bank Securities acted as senior co-managers for the offering, and Stephens Inc., Barrington Research, Benchmark, G.research, LLC, and Noble Capital Markets acted as co-managers.