other material
confidence high
sentiment neutral
materiality 0.60
Insignia Systems announces formal review of strategic alternatives to maximize value
BLOOMIA HOLDINGS, INC.
- Board evaluating options including acquisition, merger, business combination, or other transaction.
- Chardan engaged as strategic financial advisor to assist in the review process.
- No timetable set and no assurance any transaction will result from the review.
- Company will not comment further unless Board approves a definitive course of action.