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Stock Market & Financial Investment News

News Breaks
March 26, 2014
09:32 EDTRMGNRMG Networks partners with OnAir in Asia
RMG Networks announced that it has partnered with global inflight connectivity provider OnAir and now offers sponsorships of Wi-Fi on aircrafts equipped with the OnAir connectivity solution. This exclusive partnership marks RMG's first-ever expansion of its Airline Network into Asia and expands the RMG Networks media offering on the Airbus 380 and the Boeing 777.
News For RMGN From The Last 14 Days
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March 25, 2015
08:34 EDTRMGNRMG Networks raises $25M in private placement of convertible preferred stock
Roth Capital Partners served as the sole placement agent for the Financing.
March 19, 2015
06:08 EDTRMGNRMG Networks signs non-binding LOI to sell Airline Media Network business
RMG Networks announced it has entered into discussions with certain unaffiliated third parties regarding the proposed sale of its Media business, also known as the RMG Airline Media Network. The contemplated sale does not include the RMG Office Media Network. As a result of these discussions, RMG Networks has signed a non-binding letter of intent to sell its RMG Airline Media Network business for $5.5M, plus the assumption of certain liabilities to an unaffiliated third party. The parties are in the process of negotiating a definitive agreement.

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