---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-21-011062"
form_type: "8-K"
ticker: "TULP"
cik: "0000875355"
company_name: "BLOOMIA HOLDINGS, INC."
filed_at: "2021-10-13T23:59:59+00:00"
generated_at: "2026-06-28T21:15:43.171295+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Insignia Systems enters cooperation agreement with ~39.6% shareholder group; adds Nicholas Swenson to board

## Summary
- Board expanded from 4 to 5 members; Nicholas J. Swenson appointed effective Oct 11, 2021.
- Shareholder group (Air T, Groveland Capital, AO Partners, Glenhurst) owns 39.6% of ISIG common stock.
- Swenson will serve on Audit and Governance/Compensation Committees; group retains replacement rights.
- Standstill applies through 2022 annual meeting; group must vote for board nominees and cannot launch proxy contests.
- Group may commence a tender offer for all outstanding shares if conditions met, subject to board recommendation.

## SEC filing metadata
- accession: 0001654954-21-011062
- form_type: 8-K
- ticker: TULP
- cik: 0000875355
- company_name: BLOOMIA HOLDINGS, INC.
- filed_at: 2021-10-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/875355/000165495421011062/0001654954-21-011062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875355/000165495421011062/isig_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-21-011062
- JSON: https://secwatch.observer/filing/0001654954-21-011062.json
- Plain text: https://secwatch.observer/filing/0001654954-21-011062.txt

## Key facts
- Executive change
  Nicholas J. Swenson was appointed as Director at BLOOMIA HOLDINGS, INC..
  - Action: appointed
  - Role: Director
  source text: The disclosure in Item 1.01 regarding the election of Mr. Swenson to serve as a member of the Board is incorporated into this Item 5.02.
  evidence_url: https://www.sec.gov/Archives/edgar/data/875355/000165495421011062/0001654954-21-011062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.