Brief: Insignia Systems Entered Agreement With A Group Of Shareholders

Bloomia Holdings

13/10/2021 21:42

Oct 13 (Reuters) - Insignia Systems Inc  ISIG.O :
    * INSIGNIA SYSTEMS INC - ON OCTOBER 11, 2021, INSIGNIA
SYSTEMS,
INC. ENTERED INTO A COOPERATION AGREEMENT WITH A GROUP OF
SHAREHOLDERS
    * INSIGNIA SYSTEMS INC - ON SAME DATE, SHAREHOLDER GROUP
BENEFICIALLY OWNED ABOUT 39.6% OF COMPANY'S OUTSTANDING COMMON
STOCK
    * INSIGNIA SYSTEMS INC - PURSUANT TO AGREEMENT, AGREED TO
INCREASE
SIZE OF ITS BOARD FROM FOUR TO FIVE

Source text for Eikon: [https://bit.ly/2YJsg2t]
Further company coverage:  ISIG.O 

 ((Reuters.Briefs@thomsonreuters.com;))