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RMG is seeking stockholder approval for reverse stock split proposal

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RMG is seeking stockholder approval for reverse stock split proposal

RMG NetworksHolding Corp. is seeking shareholder approval to amend its Amendedand Restated Certificate of Incorporation to effect a reverse stock split ofthe company's common stock.

The reverse stock split will occur at a reverse stock splitratio ranging from 1-for-2 to 1-for-5, with the decision to implement one ornone of these reverse split amendments and abandon the other reverse splitamendments to be made by the board within six months after the annual meetingof stockholders on June 21, the company said in a definitive proxy statementfiled April 28.