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Friday, Mar 29, 2024

Ticket Seller Premieres On Nasdaq

Entertainment producer and ticketing agency Tix Corp. begins trading its common shares on the Nasdaq Capital Market beginning May 8, the company announced. Studio City-based Tix Corp. operates Tix4Tonight locations in Las Vegas selling discounted tickets for shows, concerts and sporting events; and produces concerts and theatrical productions in the U.S., Canada and Europe. Being listed on the Nasdaq provides improved trading liquidity for investors and greater potential to attract a broader shareholder base, said Tix CEO Mitch Francis. For the 2007 fiscal year ending Dec. 31, the company reported a net loss of $16.3 million, or $0.70 per diluted share, on revenues of $18.6 million.

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