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RMG Networks Holding Corp (RMGN.OQ)

RMGN.OQ on NASDAQ Stock Exchange Capital Market

1.28USD
20 Sep 2018
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Latest Key Developments (Source: Significant Developments)

RMG Announces Results Of Board Meeting And Resignation Of Three Directors
Monday, 6 Aug 2018 

Aug 6 (Reuters) - RMG Networks Holding Corp ::RMG ANNOUNCES RESULTS OF BOARD MEETING AND RESIGNATION OF THREE DIRECTORS.RMG NETWORKS - SPECIAL COMMITTEE OF BOARD, BOARD EACH HELD MEET ON AUG 1, TO CONSIDER ALTERNATIVE ACQUISITION PROPOSAL FROM HALE CAPITAL PARTNERS.RMG NETWORKS - SPECIAL COMMITTEE UNANIMOUSLY DETERMINED HALE DEAL WOULD RESULT IN A MORE FAVORABLE DEAL.RMG NETWORKS - IMMEDIATELY AFTER SPECIAL COMMITTEE MEETING, BOARD HELD MEET ATTENDED BY EACH OF SIX MEMBERS OF BOARD.RMG NETWORKS - BOARD CONSIDERED WHETHER TO DECLARE HALE TRANSACTION TO BE A "SUPERIOR PROPOSAL".RMG NETWORKS - BOARD VOTE ON WHETHER HALE DEAL IS "SUPERIOR PROPOSAL" WAS NOT UNANIMOUS AND AS A RESULT, MATTER DID NOT PASS.RMG NETWORKS - ON AUG 2, JEFFREY HAYZLETT, ALAN SWIMMER, JONATHAN TRUTTER RESIGNED FROM BOARD.RMG NETWORKS - HAYZLETT, SWIMMER, TRUTTER HAD VOTED IN FAVOR TO CONSIDER HALE DEAL TO BE A "SUPERIOR PROPOSAL".  Full Article

RMG reports Q3 GAAP loss per share $0.17
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - RMG Networks Holding Corp :RMG Networks Holding Corp - ‍Anticipates revenue for full-year 2017 to be flat to down 3% versus 2016​.Rmg reports third quarter 2017 results.Q3 GAAP loss per share $0.17.Q3 revenue fell 8 percent to $8.8 million.RMG Networks Holding Corp- ‍Expects revenue in Q4 of 2017 to be impacted by recent launch of Korbyt platform​.RMG Networks Holding - ‍Expects revenue in Q4 of 2017 to be impacted by recent launch of Korbyt platform and an associated delay in key customer orders​.RMG Networks Holding Corp - ‍On November 6, 2017, company entered into an amended and restated loan and security agreement with Silicon Valley Bank​.RMG Networks Holding Corp - ‍Loan agreement renews and extends maturity date of its revolving line of credit to March 31, 2019​.  Full Article

BRIEF-RMG Networks Holding Corp Files For Non-Timely 10-K With U.S. SEC

* RMG NETWORKS HOLDING CORP FILES FOR NON-TIMELY 10-K WITH U.S. SEC Source text: (https://bit.ly/2GQInAm) Further company coverage: