Tix Corporation Reaches into Agreement with HSB Capital
October 07, 2019 at 08:00 am EDT
On October 7, 2019, Tix Corporation announced that it has reached an agreement with HSB Capital Partners, L.P., and Haren Bhakta resolving certain disputes regarding the election of directors at the 2019 annual meeting of stockholders of the Company. Further, the Company added that pursuant to the agreement, 4 incumbent directors of the Company who were re-elected at the 2019 annual meeting of stockholders of the Company, Andrew Pells, Steven Zelinger, Aaron Bregman and Mesfin Eyob, will resign and be replaced by 3 HSB designees, namely, Haren Bhakta, Michael Fisk and Jeremy Weiner.