Latest Tix Corporation (TIXC) Headlines
Tix Corporation Amends Stockholder Rights Plan
Marketwire - Thu Jan 02, 8:42PM CST
Tix Corporation ("Tix" or the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today announced that its Board of Directors (the "Board") has adopted an amendment of the Company's existing stockholder rights agreement that is intended to protect the interests of all stockholders by lowering the beneficial ownership threshold to a level that could help preserve the value of the Company's net operating loss carryforwards and other deferred tax assets ("NOLs").
Tix Corporation Announces Stock Repurchase and Director Resignations
Marketwire - Tue Dec 24, 12:00PM CST
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today announced that it has purchased 5,451,259 shares of common stock of the Company, or 23% of its common stock outstanding, owned by Baker Street Capital, L.P. ("BSC") pursuant to an agreement entered today with BSC and its affiliates, Baker Street Capital Management, LLC and Vadim Perelman (collectively, "Baker Street"). The aggregate purchase price for the acquired shares is $10,629,955, or $1.95 per share, of which $1.30 per share, or $7,086,637, in cash, has been paid today and $3,543,318, or $0.65 per share, is payable on or prior to December 24, 2014 together with interest accrued thereon at an annual rate of 10% (the "Anniversary Payment"). At the election of the Company, it may prepay the Anniversary Payment at any time, in one or more payments, and interest will cease to accrue on any portion of the Anniversary Payment paid. The purchase price paid was funded from the Company's cash on hand. The payment of the Anniversary Payment and interest thereon is guaranteed by Tix4Tonight LLC, a wholly-owned subsidiary of the Company. Following the repurchase, BSC no longer owns any of the Company's outstanding common stock. The repurchased shares have been returned to the Company's treasury and the total number of outstanding shares of the Company following this transaction is 18,218,572. The Company believes that the repurchase and retirement of these shares will be accretive to the stockholders and enhance their value.
Tix Corporation Reports Third Quarter and First Nine Months 2013 Results
Marketwire - Tue Nov 12, 8:01AM CST
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today reported results for the third quarter and first nine months ended September 30, 2013.
Tix Corporation Announces Annual Meeting Results
Marketwire - Thu Oct 31, 3:00PM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, is pleased to announce the results of two proposals voted on by stockholders at today's annual meeting of stockholders, held at Sportsmen's Lodge Events Center, 12833 Ventura Boulevard, Studio City, California 91604.
Tix Corporation Announces the Rescheduling of Its Annual Meeting Date
Marketwire - Fri Oct 11, 3:32PM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today announced that it has rescheduled its 2013 annual meeting of stockholders (the "Annual Meeting"), previously scheduled for October 18, 2013, to be held at 10:00 A.M., local time, on October 31, 2013, at Sportsmen's Lodge Events Center, 12833 Ventura Boulevard, Studio City, California 91604. Stockholders of record as of the close of business on October, 11, 2013, will be entitled to notice of and to vote at the Annual Meeting or any adjournments thereof.
Tix Corporation Announces Annual Meeting Date
Marketwire - Thu Aug 29, 3:00PM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today announced that its 2013 annual meeting of stockholders (the "Annual Meeting") will be held at 10:00 A.M., local time, on October 18, 2013, at Sportsmen's Lodge Events Center, 12833 Ventura Boulevard, Studio City, California 91604. Stockholders of record as of the close of business on August 29, 2013, will be entitled to notice of and to vote at the Annual Meeting or any adjournments or postponements thereof.
Tix Corporation Announces a Change to Its Board of Directors
Marketwire - Thu Aug 29, 8:00AM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, sadly announces that Ben Frankel, a highly valued member of the Company's Board of Directors passed away on August 17, 2013. Mr. Frankel served on the Board for more than 18 years. Mitch Francis, Chief Executive Officer of the Company, stated, "We are deeply saddened by the sudden death of our colleague and friend, Ben Frankel. Ben was an integral advisor and director who will be sorely missed. We extend our deepest condolences to Ben's family and friends."
Tix Corporation Reports Second Quarter and First Six Months 2013 Results
Marketwire - Wed Aug 14, 8:00AM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today reported results for the second quarter and first six months ended June 30, 2013.
Tix Corporation Announces Two New Tix4Tonight Locations
Marketwire - Thu Jul 11, 8:00AM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today announced that it has entered into two new leases for its Tix4Tonight discount ticket outlets in Las Vegas.
Tix Corporation Reports First Quarter 2013 Results
Marketwire - Thu May 02, 7:00AM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today reported results for the first quarter ended March 31, 2013.
Tix Corporation Reports Fourth Quarter and Full Year 2012 Results
Marketwire - Mon Mar 25, 8:00AM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today reported results for the fourth quarter and full year ended December 31, 2012.
Tix Corporation Dissolves Special Committee
Marketwire - Fri Jan 25, 8:00AM CST
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today announced that the Special Committee formed in June 2012 to consider the subsequently withdrawn acquisition proposal received from Mitch Francis, the Company's Chairman of the Board, President and Chief Executive Officer and to analyze strategic alternatives for the Company, has concluded its analysis of strategic alternatives, including soliciting third parties regarding their potential interest in acquiring the Company. Upon the unanimous recommendation of the Special Committee, the Board of Directors dissolved the Special Committee with no action taken as a result of the Special Committee's review. The Board of Directors continues to explore other means to maximize shareholder value.
Tix Corporation Amends Stockholder Rights Plan
Marketwire - Thu Jan 02, 8:42PM CST
Tix Corporation ("Tix" or the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today announced that its Board of Directors (the "Board") has adopted an amendment of the Company's existing stockholder rights agreement that is intended to protect the interests of all stockholders by lowering the beneficial ownership threshold to a level that could help preserve the value of the Company's net operating loss carryforwards and other deferred tax assets ("NOLs").
Tix Corporation Announces Stock Repurchase and Director Resignations
Marketwire - Tue Dec 24, 12:00PM CST
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today announced that it has purchased 5,451,259 shares of common stock of the Company, or 23% of its common stock outstanding, owned by Baker Street Capital, L.P. ("BSC") pursuant to an agreement entered today with BSC and its affiliates, Baker Street Capital Management, LLC and Vadim Perelman (collectively, "Baker Street"). The aggregate purchase price for the acquired shares is $10,629,955, or $1.95 per share, of which $1.30 per share, or $7,086,637, in cash, has been paid today and $3,543,318, or $0.65 per share, is payable on or prior to December 24, 2014 together with interest accrued thereon at an annual rate of 10% (the "Anniversary Payment"). At the election of the Company, it may prepay the Anniversary Payment at any time, in one or more payments, and interest will cease to accrue on any portion of the Anniversary Payment paid. The purchase price paid was funded from the Company's cash on hand. The payment of the Anniversary Payment and interest thereon is guaranteed by Tix4Tonight LLC, a wholly-owned subsidiary of the Company. Following the repurchase, BSC no longer owns any of the Company's outstanding common stock. The repurchased shares have been returned to the Company's treasury and the total number of outstanding shares of the Company following this transaction is 18,218,572. The Company believes that the repurchase and retirement of these shares will be accretive to the stockholders and enhance their value.
Tix Corporation Reports Third Quarter and First Nine Months 2013 Results
Marketwire - Tue Nov 12, 8:01AM CST
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today reported results for the third quarter and first nine months ended September 30, 2013.
Tix Corporation Announces Annual Meeting Results
Marketwire - Thu Oct 31, 3:00PM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, is pleased to announce the results of two proposals voted on by stockholders at today's annual meeting of stockholders, held at Sportsmen's Lodge Events Center, 12833 Ventura Boulevard, Studio City, California 91604.
Tix Corporation Announces the Rescheduling of Its Annual Meeting Date
Marketwire - Fri Oct 11, 3:32PM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today announced that it has rescheduled its 2013 annual meeting of stockholders (the "Annual Meeting"), previously scheduled for October 18, 2013, to be held at 10:00 A.M., local time, on October 31, 2013, at Sportsmen's Lodge Events Center, 12833 Ventura Boulevard, Studio City, California 91604. Stockholders of record as of the close of business on October, 11, 2013, will be entitled to notice of and to vote at the Annual Meeting or any adjournments thereof.
Tix Corporation Announces Annual Meeting Date
Marketwire - Thu Aug 29, 3:00PM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today announced that its 2013 annual meeting of stockholders (the "Annual Meeting") will be held at 10:00 A.M., local time, on October 18, 2013, at Sportsmen's Lodge Events Center, 12833 Ventura Boulevard, Studio City, California 91604. Stockholders of record as of the close of business on August 29, 2013, will be entitled to notice of and to vote at the Annual Meeting or any adjournments or postponements thereof.
Tix Corporation Announces a Change to Its Board of Directors
Marketwire - Thu Aug 29, 8:00AM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, sadly announces that Ben Frankel, a highly valued member of the Company's Board of Directors passed away on August 17, 2013. Mr. Frankel served on the Board for more than 18 years. Mitch Francis, Chief Executive Officer of the Company, stated, "We are deeply saddened by the sudden death of our colleague and friend, Ben Frankel. Ben was an integral advisor and director who will be sorely missed. We extend our deepest condolences to Ben's family and friends."
Tix Corporation Reports Second Quarter and First Six Months 2013 Results
Marketwire - Wed Aug 14, 8:00AM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today reported results for the second quarter and first six months ended June 30, 2013.
Tix Corporation Announces Two New Tix4Tonight Locations
Marketwire - Thu Jul 11, 8:00AM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today announced that it has entered into two new leases for its Tix4Tonight discount ticket outlets in Las Vegas.
Tix Corporation Reports First Quarter 2013 Results
Marketwire - Thu May 02, 7:00AM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today reported results for the first quarter ended March 31, 2013.
Tix Corporation Reports Fourth Quarter and Full Year 2012 Results
Marketwire - Mon Mar 25, 8:00AM CDT
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today reported results for the fourth quarter and full year ended December 31, 2012.
Tix Corporation Dissolves Special Committee
Marketwire - Fri Jan 25, 8:00AM CST
Tix Corporation (the "Company") (OTCQX: TIXC), a leading provider of discount ticketing services, today announced that the Special Committee formed in June 2012 to consider the subsequently withdrawn acquisition proposal received from Mitch Francis, the Company's Chairman of the Board, President and Chief Executive Officer and to analyze strategic alternatives for the Company, has concluded its analysis of strategic alternatives, including soliciting third parties regarding their potential interest in acquiring the Company. Upon the unanimous recommendation of the Special Committee, the Board of Directors dissolved the Special Committee with no action taken as a result of the Special Committee's review. The Board of Directors continues to explore other means to maximize shareholder value.
