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BRIEF-Cable Car Capital reports 6.3 pct stake in Insignia Systems as of March 3 - SEC filing
March 13, 2017 / 8:44 PM / 7 months ago

BRIEF-Cable Car Capital reports 6.3 pct stake in Insignia Systems as of March 3 - SEC filing

March 13 (Reuters) - Insignia Systems Inc

* Cable Car Capital LLC reports 6.3 percent stake in insignia Systems Inc as of March 3 - SEC filing

* Cable Car Capital LLC says purchased the securities of the Insignia Systems in the belief that such securities are undervalued

* Cable Car Capital LLC says has previously expressed concerns regarding the Insignia Systems’ corporate governance to current and former board members

* Cable Car Capital - expects to engage discussions with Insignia Systems’ management, board to propose or consider, among other things, potential business combinations and strategic alternatives

* Cable Car Capital LLC says intends to recommend one or more individuals whom Insignia Systems may consider nominating for the board Source text: (bit.ly/2lUf6en) Further company coverage:

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