RMG Networks (RMGN) to Raise $4.8M From Rights Offering
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/25/2024
- Futures falter as Meta Platforms weighs on megacaps
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen at multi-decade lows, dollar drops before US data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
RMG Announces Commencement of Rights Offering
November 30, 2016 5:28 PM ESTDALLAS, TX -- (Marketwired) -- 11/30/16 -- RMG Networks Holding Corporation (NASDAQ: RMGN) ("RMG" or the "Company"), a leading provider of technology-driven visual communications solutions, today announced that it has commenced a rights offering ("Rights Offering") to raise gross proceeds of up to approximately $4.8 million. The Company has granted, at no charge to the holders of record of its common stock on November 29, 2016, the record date for the Rights Offering, 0.20991 of a non-transferable subscription right for each share of our common stock owned, as more fully described in the prospectus supplement relating to the Rights... More
