RMG Networks Announces Results of 2013 Annual Meeting
15 July 2013 - 10:00PM
Business Wire
RMG Networks Holding Corporation (NASDAQ: RMGN) (OTCBB: SCGQU)
(OTCBB: SCGQW),“RMG Networks,” a global leading provider of Digital
Out-of-Home media and Digital Signage solutions technology,
announced the outcome of its Annual Meeting of Stockholders held on
Friday, July 12, 2013.
At the meeting, the Company’s shareholders approved the six
matters placed before them:
- Amending and restating the Company’s
Amended and Restated Certificate of Incorporation to change the
name of the Company to “RMG Networks Holding Corporation” from “SCG
Financial Acquisition Corp.” and to remove certain language from
the Amended and Restated Certificate of Incorporation related to
the Company’s earlier status as a special purpose acquisition
company
- Adopting the 2013 Equity Incentive
Plan
- Re-electing Gregory Sachs and Jonathan
Trutter to three-year terms as Class I directors on the Board
- Ratifying the appointment of Baker
Tilly Virchow Krause, LLP as RMG Networks’ independent registered
public accounting firm for the fiscal year ending December 31,
2013
- The non-binding, advisory approval of
the compensation of the Company’s named executive officers
- The non-binding, advisory vote on the
frequency of holding a stockholder advisory vote on the
compensation of the Company’s named executive officers at three (3)
year intervals.
About RMG Networks
RMG Networks (NASDAQ: RMGN) (OTCBB: SCGQU)
(OTCBB: SCGQW) is a global leader in intelligent digital
signage solutions, providing digital signage media solutions,
hardware, software and services to nearly 70% of the Fortune 500.
Its RMG Media Networks business unit engages elusive audience
segments with relevant content and advertising through digital
place-based networks, including the largest digital airline media
network with a monthly audience of nearly 100 million viewers. Its
RMG Enterprise Solutions business unit provides data visualization
solutions for a variety of application areas including contact
centers, supply chain, employee communications, hospitality,
government/higher education and retail. The company is
headquartered in Dallas with offices in the United States, United
Kingdom, China, India and the U.A.E. For more information, visit
www.RMGNetworks.com.
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