424B3 1 d424b3.htm FINAL PROSPECTUS Final Prospectus
Table of Contents

Filed Pursuant to Rule 424(b)(3)

Registration No. 333-120745

 

PROSPECTUS

 

KNOLOGY, INC.

 

5,996,281 SHARES OF COMMON STOCK

 

This prospectus relates to up to 5,996,281 shares of our common stock, which are being offered for sale, from time to time, by some of our current stockholders who have registration rights pursuant to our stockholders agreement.

 

We will not receive any proceeds from the sale of the shares of common stock by the selling stockholders.

 

After registration, the selling stockholders may sell the shares of common stock at various times and in various types of transactions, including sales in the open market, sales in negotiated transactions and sales by a combination of these methods. The shares of common stock may be sold at the market price at the time of such sale, at prices relating to the market price over a period of time or at prices negotiated with the buyers of the shares.

 

Our common stock is listed on the Nasdaq National Market under the symbol “KNOL.” On December 8, 2004, the last reported sales price on the Nasdaq National Market for our common stock was $3.35 per share.

 

Investing in shares of our common stock involves risks. See “ Risk Factors” beginning on page 2.

 


 

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.

 


 

The date of this prospectus is December 8, 2004


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Table of Contents

 

     Page

Knology, Inc.

   1

Risk Factors

   2

Forward-Looking Statements

   2

Use of Proceeds

   3

Selling Stockholders

   4

Plan of Distribution

   7

Legal Matters

   10

Experts

   10

Where You Can Find More Information

   10

Documents Incorporated By Reference

   11

 

You should rely only on the information provided or incorporated by reference in this prospectus or any applicable prospectus supplement. We have not authorized anyone to provide you with different or additional information. We are not making an offer to sell these securities in any jurisdiction where the offer or sale of these securities is not permitted. You should not assume that the information appearing in this prospectus or any applicable prospectus supplement or the documents incorporated by reference herein or therein is accurate as of any date other than their respective dates. Our business, financial condition, results of operations and prospects may have changed since those dates.

 

When used in this prospectus, except where the context otherwise requires, the terms “we,” “us,” “our” and “the Company” refer to Knology, Inc. and its consolidated subsidiaries.

 


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KNOLOGY, INC.

 

We are a fully integrated provider of video, voice, data and advanced communications services to residential and business customers in nine markets in the southeastern United States. We were the 20th largest cable television provider in the United States as of December 2003. As of and for the nine months ended September 30, 2004, we had approximately 389,374 total connections, our revenues were $158.6 million and we had a net loss of $57.1 million. Video, voice and data revenues accounted for approximately 46%, 35% and 19%, respectively, of our consolidated revenues for the nine months ended September 30, 2004.

 

We provide our services over our wholly owned, fully upgraded 750 MHz interactive broadband network. As of September 30, 2004, our network passed approximately 751,821 marketable homes. Our network is designed with sufficient capacity to meet the growing demand for high-speed and high-bandwidth video, voice and data services, as well as the introduction of new communications services.

 

We have operating experience in marketing, selling, provisioning, servicing and operating video, voice and data systems and services. We have delivered a bundled service offering for six years, and we are supported by a management team with decades of experience operating video, voice and data networks. We provide a full suite of video, voice and data services in: Huntsville and Montgomery, Alabama; Panama City and Pinellas County, Florida; Augusta, Columbus and West Point, Georgia; Charleston, South Carolina; and Knoxville, Tennessee. We also provide video services in Cerritos, California, but, as discussed below, we have entered into an agreement to sell these operations to Orange Broadband, Inc.

 

We have built our company through:

 

  acquisitions of other cable companies, networks and franchises;

 

  upgrades of acquired networks to introduce expanded broadband services, including bundled voice and data services;

 

  construction and expansion of our broadband network to offer integrated video, voice and data services; and

 

  organic growth of connections through increased penetration of services to new marketable homes and our existing customer base, along with new service offerings.

 

On December 23, 2003, we completed a public offering of our common stock. Including the shares issued on January 13, 2004, pursuant to the exercise of the underwriters’ over-allotment option, we issued approximately 6.9 million shares at a per share price to the public of $9.00, and our net proceeds were approximately $56.3 million.

 

In December 2003, we completed the acquisition from Verizon Media Ventures Inc., or Verizon Media, a wholly owned subsidiary of Verizon Communications Inc., or Verizon, of substantially all of the assets of the cable systems in Pinellas County, Florida and Cerritos, California operated by Verizon Media, including all franchises, leases for real property, customer agreements, accounts receivable, prepaid expenses, inventory and equipment. We also licensed certain intellectual property related to each network and assumed liabilities under acquired contracts, certain current liabilities and certain operating liabilities to the extent they related to the acquired network assets.

 

We paid an aggregate of approximately $17.0 million in cash to Verizon Media in connection with the acquisition, which was funded with the net proceeds of our common stock offering. In connection with the completion of this acquisition, we also issued to a prior prospective purchaser and certain of its employees warrants to purchase one million shares of our common stock with an exercise price of $9.00 per share in exchange for the release of the prospective purchaser’s exclusivity rights with Verizon Media.

 

On May 24, 2004, we announced that we had entered into a definitive asset purchase agreement to sell the cable system in Cerritos, California that we acquired from Verizon Media to Orange Broadband, Inc. for $14.8 million in cash, subject to customary closing adjustments. We expect the sale to be completed in the first quarter of

 

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2005, subject to the satisfaction of closing conditions, including the receipt of regulatory approvals with respect to the municipal franchise in Cerritos, California.

 

On September 10, 2004, we completed certain amendments to our credit facilities with Wachovia Bank, National Association and CoBank, ACB. The amended credit facilities defer approximately $24.5 million of principal payments until 2007 which were previously scheduled during 2004, 2005 and 2006, and modified certain financial covenants. In addition, the amendments allowed our telephone operations group to make a $7.7 million dividend payment to us, as well as future dividend payments equal to the net income of the telephone operations group.

 

Our principal executive offices are located at 1241 O.G. Skinner Drive, West Point, Georgia 31833, and our telephone number is (706) 645-8553. We maintain a website at www.knology.com where general information about our business is available. The information contained in our website is not a part of this prospectus.

 

RISK FACTORS

 

Investing in shares of our common stock involves risks. You should carefully consider the risks incorporated by reference from our most recent Annual Report on Form 10-K and the other information contained in our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K and in this prospectus before deciding to invest in shares of our common stock. These factors, and others that are not presently known to us, may cause our operating results to vary from anticipated results or may materially and adversely affect our business and financial condition. If any of the unfavorable events or circumstances described in the risk factors actually occur, our business may suffer, the trading price of our common stock and other securities could decline, and you could lose all or part of your investment.

 

FORWARD-LOOKING STATEMENTS

 

This prospectus contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this prospectus that are not historical facts are “forward-looking statements.” Such forward-looking statements include those relating to:

 

  plans to develop future networks and upgrade facilities;

 

  the market opportunity presented by markets we have targeted;

 

  the current and future markets for our services and products;

 

  our anticipated capital expenditures;

 

  our anticipated sources of capital and other funding;

 

  the effects of regulatory changes on our business;

 

  competitive and technological developments;

 

  pending and future acquisitions, dispositions and alliances;

 

  projected revenues, liquidity, interest costs and income; and

 

  other future business developments.

 

The words “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” and similar expressions are intended to identify forward-looking

 

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statements. Wherever they occur in this prospectus or in other statements attributable to us, forward-looking statements are necessarily estimates reflecting our best judgment. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that could cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. The most significant of these risks, uncertainties and other factors are discussed above under “Risk Factors.” We caution you to carefully consider these risks and not to place undue reliance on our forward-looking statements. Except as required by law, we assume no responsibility for updating any forward-looking statements.

 

USE OF PROCEEDS

 

We will not receive any proceeds from the sale of shares of common stock by any selling stockholder.

 

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SELLING STOCKHOLDERS

 

The selling stockholders are parties to a stockholders agreement, dated as of February 7, 2000, as amended January 12, 2001, and November 6, 2002, and are entitled to have their shares of common stock registered for resale under the Securities Act of 1933 pursuant to that stockholders agreement. Selling stockholders, including any non-sale transferees, pledges or donees or their successors, may, from time to time, offer and sell any or all of their shares of common stock pursuant to this prospectus or any prospectus supplement.

 

The following table sets forth information as of November 1, 2004, with respect to the selling stockholders and the shares of common stock beneficially owned by each selling stockholder that may be offered pursuant to this prospectus.

 

We do not know when or in what amounts a selling stockholder may offer their shares of common stock for sale. The selling stockholders might not sell any or all of the shares of common stock offered by this prospectus. Because the selling stockholders may offer all or some of the shares of common stock pursuant to this prospectus, and because there are currently no agreements, arrangements or understandings with respect to the sale of any of the shares of common stock, we cannot estimate the number of the shares of common stock that will be held by the selling stockholders after completion of this offering. However, for purposes of the following table, we have assumed that, after completion of the offering pursuant to this prospectus, none of the shares of common stock covered by this prospectus will be held by the selling stockholders.

 

Name of Selling Stockholder


   Shares
Beneficially
Owned Prior
to this
Offering


   Shares
Offered in
this
Offering


  

Shares
Beneficially
Owned After

this Offering


   Percentage of
Shares
Beneficially
Owned After
this
Offering(1)


 

AT&T Venture Fund II, LP(2)

   331,637    331,637    0    0 %

Michael D. and Delaine P. Blackwell

   4,817    1,482    3,335    *  

Alan A. Burgess(3)

   554    554    0    0  

The Burton Partnership (QP), Limited Partnership(4)

   375,799    57,176    318,623    1.4  

The Burton Partnership, Limited Partnership(4)

   125,266    19,032    106,234    *  

Champion Family Partnership Ltd.(5)

   149,093    36,604    112,489    *  

Jane S. Champion

   3,181    1,019    2,162    *  

John E. Champion, Jr.

   3,181    1,019    2,162    *  

Sally C. Odom Revocable Trust(6)

   2,882    720    2,162    *  

Chattahoochee Valley Educational Foundation Endowment Fund Springwood School

   61    61    0    0  

Anthony Lee Collins

   12,230    207    12,023    *  

Anthony L. Collins, Sr.

   2,986    624    2,362    *  

Anthony L. Collins, Sr. and Ellen L. Collins

   8,328    2,668    5,660    *  

Ellen L. Collins

   118,050    19,753    98,297    *  

Mary Ellen Collins

   3,703    207    3,496    *  

Leslie R. Crosby

   1,376    1,376    0    0  

CT Communications Northeast, Inc.

   254,800    68,331    186,469    *  

Foundation For The Carolinas

   3,202    3,202    0    0  

Ancel A. Hamilton and Cheryl A. Hamilton

   58,859    1,763    57,096    *  

Keith Scotty Hawk

   413    413    0    0  

Kelly M. Hawk

   31,233    31,233    0    0  

 

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Name of Selling Stockholder


   Shares
Beneficially
Owned Prior
to this
Offering


   Shares
Offered in
this
Offering


  

Shares
Beneficially
Owned After

this Offering


   Percentage of
Shares
Beneficially
Owned After
this
Offering(1)


Charles L. Hilton, Jr.

   51,884    12,765    39,119    *

Carroll Lanier Hodges

   1,084,145    25,854    1,058,291    4.5

Joseph Wiley Hodges

   12,810    207    12,603    *

William H. Huguley IV

   5,295    5,295    0    0

Gary E. Ivey

   6,239    1,779    4,460    *

Rodney Jackson

   393    393    0    0

David H. Jones

   12,986    12,986    0    0

Mary Eunice Jones

   3,306    3,306    0    0

Robert L. Jones

   3,176    3,176    0    0

David Gaines Lanier

   78,462    19,064    59,398    *

Elizabeth Walker Lanier

   100,623    26,225    74,398    *

J. Smith Lanier & Co.

   12,860    1,348    11,512    *

J. Smith Lanier II

   369,966    78,530    291,436    1.2

J. Smith Lanier II IRA Retirement Account

   3,208    3,208    0    0

John Thompson Lanier

   360,150    16,341    343,809    1.5

Sue Ellen Lanier

   3,384    180    3,204    *

Kenneth F. Leddick and Barbara L. Leddick

   1,664    533    1,131    *

Kenneth F. Leddick

   3,419    559    2,860    *

Elizabeth L. Lester and H. Russell Lester III

   8,328    2,668    5,660    *

Elizabeth L. Lester

   127,634    23,902    103,732    *

H. Russell Lester III

   2,734    138    2,596    *

Lexcom, Inc.

   13,339    13,339    0    0

John W. Luchsinger & Amelia D. Luchsinger Rev. Trust(7)

   16,756    16,756    0    0

William T. Parr

   32,612    4,422    28,190    *

SCANA Communication Holdings, Inc.(8)

   4,751,899    4,751,899    0    0

Morgan M. Schuessler

   2,779    890    1,889    *

Nan E. Schuessler

   665    213    452    *

Thomas P. Schroeder

   3,446    472    2,974    *

Eleanor D. Scott

   2,719    417    2,302    *

Martha J. Scott

   307    47    260    *

Trust FBO Mary Martha Scott(9)

   4,652    4,652    0    0

William H. Scott III

   102,496    19,835    82,661    *

Walter D. Shealy III

   1,402    1,402    0    0

South Atlantic Private Equity Fund IV (QP), Limited Partnership(4)

   301,256    74,663    226,593    1.0

South Atlantic Private Equity Fund IV, Limited Partnership(4)

   212,444    52,442    160,002    *

South Atlantic Venture Fund III, Limited Partnership(10)

   254,523    79,746    174,777    *

Special Partners Fund, LP(11)

   20,787    20,787    0    0

Special Partners Fund International, LP(11)

   115,922    115,922    0    0

Jonelle St. John

   3,278    1,050    2,228    *

Jan K. Underdown

   2,070    2,070    0    0

Jan Underdown Retirement FBO Jan Underdown Rollover IRA

   232    232    0    0

 

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Name of Selling Stockholder


  

Shares
Beneficially
Owned Prior

to this
Offering


   Shares
Offered in
this
Offering


  

Shares
Beneficially
Owned After

this Offering


   Percentage of
Shares
Beneficially
Owned After
this
Offering(1)


 

James Richard Walton

   2,997    2,997    0    0  

Donald W. Weber

   12,489    2,930    9,559    *  

Alan Joseph Zajdel

   11,560    11,560    0    0  
    
  
  
  

Total

   9,614,947    5,996,281    3,618,666    15.3 %
    
  
  
  


* Less than 1.0%.

 

(1) For purposes of calculating the percentage of shares beneficially owned after this offering, we have assumed that the 2,170,127 shares of non-voting common stock held by SCANA Communications Holdings, Inc. have been transferred and as a result have been converted into shares of common stock.

 

(2) Richard S. Bodman and Neal Douglas are the managing members of Venture Management, LLC, which is the general partner of the selling stockholder, and, in such capacity, Mr. Bodman and Mr. Douglas exercise voting control and dispositive power over these shares of common stock. Mr. Bodman has served on our board of directors since 1999 and also serves on our nominating committee.

 

(3) Mr. Burgess has served on our board of directors since 1999 and also serves on our audit committee.

 

(4) Donald W. Burton, as general partner of the selling stockholder, exercises voting control and dispositive power over these shares of common stock. Mr. Burton has served on our board of directors since 1999 and also serves on our compensation committee.

 

(5) John E. Champion, Jr. and Sally Champion Odom Blackburn control the selling stockholder and the Champion Family Corporation, which is controlled by John E. Champion, Sally Champion, Odom Blackburn and Mary Lanier Champion, all of which exercise voting control and dispositive power over these shares of common stock.

 

(6) Sally Champion Odom is the trustee of the selling stockholder.

 

(7) John W. Luchsinger is the trustee of the selling stockholder.

 

(8) Includes 16,508 shares of our common stock issuable under warrants and 2,170,127 shares of our non-voting common stock which will automatically convert into shares of our common stock when transferred by the selling stockholder to another person that is not an affiliate of the selling stockholder.

 

(9) Martha J. Scott is the trustee of the selling stockholder.

 

(10) South Atlantic Venture Partners III, Limited Partnership, of which Donald W. Burton is the managing partner, is the sole general partner of South Atlantic Venture Fund III, Limited Partnership. Mr. Burton, as managing partner of the selling stockholder, exercises voting control and dispositive power over these shares of common stock. Mr. Burton has served on our board of directors since 1999 and also serves on our compensation committee.

 

(11) Richard S. Bodman and Neal Douglas are the managing members of Venture Management III, LLC, which is the general partner of the selling stockholder, and in such capacity, Mr. Bodman and Mr. Douglas exercise voting control and dispositive power over these shares of common stock. Mr. Bodman has served on our board of directors since 1999 and also serves on our nominating committee.

 

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PLAN OF DISTRIBUTION

 

The shares of common stock may be sold, from time to time, to purchasers directly by the selling stockholders and through underwriters, brokers, dealers or agents who may receive compensation in the form of discounts, concessions or commissions from the selling stockholders or the purchasers of the shares of common stock. These discounts, concessions or commissions as to any particular underwriter, broker, dealer or agent may be in excess of those customary in the types of transactions involved.

 

The shares of common stock may be sold in one or more transactions at:

 

  fixed prices;

 

  prevailing market prices at the time of sale;

 

  prices related to the prevailing market prices;

 

  varying prices determined at the time of sale; or

 

  negotiated prices.

 

The sales may be effected:

 

  in ordinary brokers’ transactions in which the broker-dealer may act as principal or agent and in transactions in which the broker solicits purchasers;

 

  in transactions on any national securities exchange, or any quotation service, on which the shares of common stock may be listed or quoted at the time of sale;

 

  in transactions in the over-the-counter market;

 

  in transactions otherwise than through market makers or an established trading market, including direct sales to purchasers or sales effected through agents;

 

  in privately negotiated transactions;

 

  in transactions through the writing and exercise of options, whether the options are listed on an options exchange or otherwise;

 

  in transactions through the settlement of short sales; or

 

  in any combination of the foregoing transactions.

 

In addition, the selling stockholders may enter into derivative transactions with third parties. If indicated in a prospectus supplement, then, in connection with those derivatives, third parties may sell the shares of common stock covered by this prospectus and the applicable prospectus supplement, including in short sale transactions. If so, the third party may use shares of common stock pledged by a selling stockholder or borrowed from a selling stockholder or others to settle those sales or to close out any related open borrowings of stock, and may use shares of common stock received from a selling stockholder in settlement of those derivatives to close out any related open borrowings of stock. The third party in such sale transactions will be an underwriter and will be identified in a prospectus supplement. To our knowledge, there are currently no plans, arrangements or understandings between any selling stockholders and any underwriter, broker, dealer or agent regarding the sale of the shares of common stock by the selling stockholders.

 

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Some or all of the shares of common stock covered by this prospectus may be sold to or through an agent, broker-dealer or underwriter. Any shares sold in that manner may be acquired by the agent, broker-dealer or underwriter for its own account and may be resold at different times in one or more transactions, including negotiated transactions, at a fixed public offering price or at varying prices determined at the time of sale. The shares of common stock may be offered to the public through underwriting syndicates represented by one or more managing underwriters or may be offered to the public directly by one or more underwriters. Any public offering price and any discounts or concessions allowed or paid to dealers may be changed at different times. Some of the agents, broker-dealers or underwriters and their associates may be customers of, engage in transactions with and perform services for us or the selling stockholders in the ordinary course of business.

 

The aggregate proceeds to the selling stockholders from the sale of the shares of common stock offered by them will be the purchase price of the shares of common stock less discounts and commissions, if any. Each of the selling stockholders reserves the right to accept and, together with their agents, from time to time, to reject, in whole or in part, any proposed purchase of the shares of common stock to be made directly or through agents. We will not receive any of the proceeds of the sale of the shares of common stock offered by this prospectus.

 

In order to comply with the securities laws of some states, if applicable, the shares of common stock may be sold in these jurisdictions only through registered or licensed brokers or dealers.

 

The selling stockholders and any brokers, dealers or agents who participate in the distribution of the shares of common stock may be deemed to be “underwriters” under the securities laws. As a result, any profits on the sale of the shares of common stock by selling stockholders and any discounts, commissions or concessions received by any such broker, dealer or agent might be deemed to be underwriting discounts or commissions under the securities laws. If the selling stockholders were to be deemed underwriters, the selling stockholders may be subject to liabilities including, but not limited to, those under the securities laws. Selling stockholders who are deemed to be underwriters will be subject to the prospectus delivery requirements of the securities laws. If the shares of common stock are sold through underwriters, brokers or dealers, the selling stockholders will be responsible for underwriting discounts or commissions or agent commissions.

 

We do not know when or whether any selling stockholders will sell any or all of the shares of common stock pursuant to this prospectus. In addition, any shares of common stock covered by this prospectus that qualify for sale under Rule 144 of the Securities Act of 1933 may be sold under Rule 144 rather than under this prospectus.

 

We have informed the selling stockholders that they and other persons participating in any distribution will be subject to the securities laws and rules, including Regulation M of the Securities Exchange Act of 1934, which may limit the timing of purchases and sales of any of the shares of common stock by the selling stockholders and any other persons. In addition, Regulation M of the Securities Exchange Act of 1934 may restrict the ability of any person engaged in the distribution of the shares of common stock to engage in market-making activities with respect to the particular shares of common stock being distributed during a period beginning up to five business days prior to the commencement of the distribution and ending upon completion of such person’s participation in such distribution. This restriction may affect the marketability of the shares of common stock and the ability of any person or entity to engage in market-making activities with respect to the shares of common stock.

 

At the time a particular offering of the shares of common stock is made, and to the extent required, the specific shares of common stock to be sold, the names of the selling stockholders, the respective purchase prices and public offering prices, the names of any agent, dealer or underwriter, and any applicable commissions or discounts with respect to a particular offer will be set forth in an accompanying prospectus supplement or, if appropriate, a post-effective amendment to the registration statement of which this prospectus is a part. We will make copies of this prospectus available to the selling stockholder and have informed the selling stockholder of the need for delivery of copies of this prospectus to purchasers at or before the time of any sale of our shares of common stock.

 

Under the stockholders agreement pursuant to which the shares of common stock offered by this prospectus have been registered, we and the selling stockholders will indemnify one another against liabilities, including some liabilities under the Securities Act of 1933, or will be entitled to contribution in connection with these liabilities.

 

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We have agreed to pay substantially all of the expenses incidental to the registration of the shares of common stock other than commissions, fees and discounts of underwriters, brokers, dealers and agents.

 

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LEGAL MATTERS

 

Alston & Bird LLP has passed upon the validity of the shares of common stock offered by this prospectus.

 

EXPERTS

 

The consolidated financial statements of Knology, Inc. as of and for the years ended December 31, 2003 and 2002, incorporated in this prospectus by reference from Knology, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2003, have been audited by Deloitte & Touche LLP, an independent registered public accounting firm, as stated in their report, which is incorporated herein by reference (which report expresses an unqualified opinion and includes explanatory paragraphs concerning: (1) the company’s change in its method of accounting for stock-based compensation to conform with Statement of Financial Accounting Standards No. 123; (2) the company’s change in its method of accounting for goodwill and other intangible assets to conform with Statement of Financial Accounting Standards No. 142; and (3) the application of procedures relating to certain disclosures and reclassifications of consolidated financial statement amounts related to the 2001 consolidated financial statements that were audited by other auditors who have ceased operations), and have been so incorporated in reliance upon the report of such firm given their authority as experts in accounting and auditing.

 

The consolidated financial statements of Knology, Inc. for the year ended December 31, 2001, were audited by Arthur Andersen LLP, as indicated in their report with respect thereto, and are incorporated herein in reliance upon the authority of said firm as experts in giving said reports. The ability of Arthur Andersen to satisfy any claims (including claims arising from its provision of auditing and other services to Knology, Inc.) may be limited as a result of the diminished amount of assets of Arthur Andersen that are or may in the future be available to satisfy claims.

 

The combined financial statements of the Pinellas County, Florida and Cerritos, California unincorporated divisions of Verizon Media Ventures Inc. as of December 31, 2001 and 2002, and for the three years in the period ended December 31, 2002, incorporated in this prospectus by reference from Knology, Inc.’s Current Report on Form 8-K filed on January 14, 2004, have been audited by Deloitte & Touche LLP, an independent registered public accounting firm, as stated in their report, which is incorporated herein by reference, and have been so incorporated in reliance upon the report of such firm given upon their authority as experts in accounting and auditing.

 

WHERE YOU CAN FIND MORE INFORMATION

 

We file annual, quarterly and special reports, proxy statements and other information with the Securities and Exchange Commission, or SEC. You may read and copy, at prescribed rates, any documents we have filed with the SEC at its Public Reference Room located at 450 Fifth Street, N.W., Washington, D.C. 20549. You may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. We also file these documents with the SEC electronically. You can access the electronic versions of these filings on the SEC’s Internet website found at http://www.sec.gov. You can also obtain copies of materials we file with the SEC from our Internet website found at www.knology.com. The information contained in our website is not a part of this prospectus.

 

This prospectus is part of a registration statement and does not contain all of the information included in the registration statement. Whenever a reference is made in this prospectus to any contract or other document of ours, you should refer to the exhibits that are a part of the registration statement or the prospectus supplement for a copy of the referenced contract or document. Statements contained in this prospectus concerning the provisions of any documents are necessarily summaries of those documents, and each statement is qualified in its entirety by reference to the copy of the document filed with the SEC.

 

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DOCUMENTS INCORPORATED BY REFERENCE

 

The SEC allows us to “incorporate by reference” into this prospectus the information we file with the SEC. This means that we can disclose important information to you by referring you to those documents without restating that information in this document. The information incorporated by reference into this prospectus is considered to be part of this prospectus, and information we file with the SEC from the date of this prospectus will automatically update and supersede the information contained in this prospectus and documents listed below. We incorporate by reference into this prospectus the documents listed below and any future filings made by us with the SEC under Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act of 1934, including exhibits, until the termination of the offering by the selling stockholders pursuant to this prospectus (other than information that is not deemed to have been filed in accordance with SEC rules):

 

  (a) our Annual Report on Form 10-K for the year ended December 31, 2003;

 

  (b) our Quarterly Report on Form 10-Q for the quarters ended March 31, 2004, June 30, 2004, and September 30, 2004;

 

  (c) our Current Reports on Form 8-K filed on January 14, 2004, February 19, 2004 (Item 5 only), March 3, 2004, and September 15, 2004; and

 

  (d) the description of our common stock contained in our registration statement on Form 8-A filed with the SEC on December 12, 2003, including any amendment or reports filed for the purpose of updating such description.

 

We will provide to each person, including any beneficial owner, to whom a copy of this prospectus is delivered, a copy of any or all of the information that we have incorporated by reference into this prospectus. We will provide this information upon written or oral request at no cost to the requester. Requests for these documents should be directed to Chad S. Wachter, Knology, Inc., 1241 O.G. Skinner Drive, West Point, Georgia 31833, telephone (706) 634-2663.

 

You should rely only on the information contained in or incorporated by reference into this prospectus. We have not authorized any dealer, salesperson or other person to give you different information. This prospectus is not an offer to sell nor is it seeking an offer to buy the shares of common stock referred to in this prospectus in any jurisdiction where the offer or sale is not permitted. The information contained in this prospectus is correct only as of the date of this prospectus, regardless of the time of the delivery of this prospectus or any sale of the shares of common stock referred to in this prospectus.

 

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