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Tuesday, Oct 3, 2023

Tix Shareholders Re-Elect Directors

Shareholders in discount ticket seller Tix Corp. re-elected the eight members of the board of directors at the annual meeting on Sept. 14. The directors, which include Mitch Francis, CEO of the Studio City-based firm, will serve for a year until the next annual meeting. The shareholders also ratified Weinberg & Company, P.A. as the independent registered public accountant for the fiscal year ending Dec. 31, 2012. Francis is one of the largest shareholders in the company, holding more 3.3 million shares, according to Yahoo! Finance. In June, Francis made an offer to buy all remaining shares in the company at a price of $2.25 per share in cash, but later withdrew it. Tix Corp. operates 10 discount ticket kiosks in Las Vegas. In July, the company had sold off its museum exhibit merchandising subsidiary to Premier Exhibitions Management LLC for $125,000 due to uncertainty about future exhibits. Mark R. Madler

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