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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Trans Lux Corporation (PK) | USOTC:TNLX | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.80 | 0.33 | 1.14 | 0.80 | 0.80 | 0.80 | 6,100 | 21:03:35 |
TRANS-LUX CORPORATION
|
||
(Exact name of registrant as specified in its charter)
|
||
Delaware
|
1-2257
|
13-1394750
|
(State or other jurisdiction
of incorporation)
|
(Commission
File Number)
|
(IRS Employer
Identification No.)
|
445 Park Avenue, Suite 2001, New York, NY
|
10022
|
|
(Address of principal executive offices)
|
(Zip Code)
|
N/A
|
(Former name or former address, if changed since last report.)
|
Item 1.01
|
Entry into a Material Definitive Agreement
|
Item 2.03
|
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
|
|
(a)
|
in the case of Revolving Loans, a rate per annum equal to the sum of (i) the Wells Fargo Prime Rate plus (ii) 4.00%; and
|
|
(b)
|
in the case of the Term Loan, a rate per annum equal to the sum of (i) the Prime Rate plus (ii) 6.00%.
|
Item 5.07.
|
Submission of Matters to a Vote of Security Holders.
|
1.
|
Election of Directors.
|
Nominee
|
For
|
Withheld
|
Broker Non-Votes
|
Total
|
||
Alan K. Greene
|
1,112,001
|
12,160
|
309,457
|
1,433,618
|
||
Ryan J. Morris
|
1,121,601
|
2,560
|
309,457
|
1,433,618
|
||
Yaozhong Shi
|
1,112,001
|
12,160
|
309,457
|
1,433,618
|
2.
|
Approval of a non-binding advisory resolution to approve the compensation of the Company’s named executive officers.
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
Total
|
||
1,112,761
|
6,600
|
4,800
|
309,457
|
1,433,618
|
3.
|
Ratification of Marcum LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2016.
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
Total
|
||
1,431,218
|
2,400
|
-
|
-
|
1,433,618
|
Item 9.01.
|
Financial Statements and Exhibits
|
Exhibit 10.1
|
Credit and Security Agreement, dated as of July 12, 2016, by and among Trans-Lux Corporation, Trans-Lux Display Corporation, Trans-Lux Midwest Corporation, Trans-Lux Energy Corporation and SCM Specialty Finance Opportunities Fund, L.P.
|
Date: July 13, 2016
|
TRANS-LUX CORPORATION
|
||
By:
|
/s/ Robert J. Conologue
|
||
Name:
|
Robert J. Conologue
|
||
Title:
|
Senior Vice President and Chief Financial Officer
|
Exhibit
Number
|
Description
|
Exhibit 10.1
|
Credit and Security Agreement, dated as of July 12, 2016, by and among Trans-Lux Corporation, Trans-Lux Display Corporation, Trans-Lux Midwest Corporation, Trans-Lux Energy Corporation and SCM Specialty Finance Opportunities Fund, L.P.
|
1 Year Trans Lux (PK) Chart |
1 Month Trans Lux (PK) Chart |
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