Creative Realities (CREX) Announces Reflect Settlement Agreement
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Creative Realities Announces Reflect Settlement Agreement
March 17, 2025 7:30 AM EDTQuantifies Liability and Future Payment Plans
LOUISVILLE, Ky., March 17, 2025 (GLOBE NEWSWIRE) -- Creative Realities, Inc. (Creative Realities, CRI, or the Company) (NASDAQ: CREX), a leading provider of digital signage and AdTech solutions, today announced that it settled and resolved its dispute with former stockholders of Reflect Systems, Inc. (Reflect) related to the Companys obligation to pay to former Reflect stockholders contingent supplemental cash payments under the terms of the Companys merger with Reflect (the Guaranteed Consideration). The settlement terminates and releases the Companys obligation to pay the Guaranteed Consideration in... More
