TeleNav (TNAV) to Appoint Wes Cummins of Nokomis to its Board of Directors
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Telenav Reaches Agreement with Nokomis Capital
August 24, 2016 5:16 PM EDTWes Cummins Joins Board of Directors as Independent DirectorRichard Todaro Resigns from Board of Directors
SANTA CLARA, Calif., Aug. 24, 2016 (GLOBE NEWSWIRE) -- Telenav®, Inc. (NASDAQ: TNAV), a leader in connected car services, today announced that it reached an agreement with Nokomis Capital pursuant to which the Board will appoint Wes Cummins of Nokomis to its Board of Directors. In connection with the agreement, Richard Todaro will resign from Telenavs Board of Directors. Telenav and Nokomis also agreed to search for an additional independent director and to the extent that such... More
