Tix Corporation Announces New Board of Directors
TIX CORP (TIXC)
US:NASDAQ Investor Relations:
tixcorp.com
Company Research
Source: GlobeNewswire
STUDIO CITY, CA, Oct. 07, 2019 (GLOBE NEWSWIRE) -- Tix Corporation (the “Company”) (OTCQX: TIXC) today announced that it reached an agreement with HSB Capital Partners, L.P. and Haren Bhakta, stockholders of the Company (together, “HSB”), resolving certain disputes regarding the election of directors at the 2019 annual meeting of stockholders of the Company. Pursuant to the agreement, four incumbent directors of the Company who were re-elected at the 2019 annual meeting of stockholders of the Company, Andrew Pells, Steven Zelinger, Aaron Bregman and Mesfin Eyob, will resign and be replaced by three HSB designees. Namely, Haren Bhakta, Michael Fisk and Jeremy Weiner, who together with the remaining incumbent directors re-elected at the meeting, Mitch Francis, Norman Feirstein, Jordan Fiksenbaum and David Saxe, will comprise the Company’s Board of Directors (the “Board”). Also, pursuant to the terms of the agreement, the Company’s bylaws were amended as described below, Norman Feirst
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