Tix Corporation Releases Letter to Stockholders
TIX CORP (TIXC)
US:NASDAQ Investor Relations:
tixcorp.com
Company Research
Source: GlobeNewswire
STUDIO CITY, CA, July 16, 2019 (GLOBE NEWSWIRE) -- Tix Corporation (OTCQX: TIXC), PROTECT THE VALUE OF YOUR INVESTMENT IN TIX FROM AN INEXPERIENCED AND UNQUALIFIED ACTIVIST STOCKHOLDER July 16, 2019 Dear Fellow Stockholders, Tix Corporation (“Tix” or the “Company”) has been the target of an ongoing activist campaign over the past 2-plus years by an inexperienced and unqualified activist stockholder, Mr. Haren S. Bhakta (individually, “Mr. Bhakta”) and his fund HSB Capital Partners, L.P. (“HSB”), whose interests are not aligned with, and who has a total disregard for, the interests of Tix stockholders at large. In the latest episode of their misguided value destroying campaign, HSB and Mr. Bhakta are seeking to gain control of the Board of Directors of Tix (the “Board”) by attempting to nominate four unqualified individuals for election to the Board at the 2019 annual meeting of stockholders: Haren Bhakta, Palak Bhakta, John Buckingham and Michael Fisk. HSB is a recently formed
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