Key Developments For Wireless Ronin Technologies, Inc.
Wireless Ronin Technologies, Inc. (RNIN.O) (Consolidated Issue listed on NASDAQ Global Market)
Wireless Ronin Technologies, Inc. Announces $6.7 Million Registered Direct Offering
Wireless Ronin Technologies, Inc. announced that it has entered into agreements to sell approximately $6.7 million of its common stock in a registered direct offering. Pursuant to these agreements, the company will issue 2,297,000 shares of common stock at $2.90 per share. Wireless Ronin expects net proceeds of approximately $6.0 million, which it plans to use primarily for general corporate purposes, including working capital. The closing of the offering is expected to take place on or about November 9, 2009, subject to customary closing conditions. In addition, pursuant to these agreements, Wireless Ronin will not issue common stock, subject to certain exceptions, at a price per share less than $2.90 for a period of 180 days after closing without certain investor consent. Feltl & Company, Inc. and Barrington Research Associates, Inc. acted as the exclusive placement agents for the transaction.
Wireless Ronin Technologies, Inc. To Implement Digital Signage At Grand River Casino
Wireless Ronin Technologies, Inc. announced that it has formed an agreement with Standing Rock Sioux Tribe of North and South Dakota to provide digital signage solutions for its Grand River Casino and Resort near Mobridge, South Dakota. Wireless Ronin will provide digital signage displays ranging in size from 19 inches to 52 inches for guest communications and conference room information messaging. The Wireless Ronin creative department will also develop content for the Casino staff to update their displays with current information.
Wireless Ronin Technologies, Inc. Announces NHL's Minnesota Wild To Implement RoninCast Digital Signage At Xcel Energy Center
Wireless Ronin Technologies, Inc., announced that it has been contracted by the NHL's Minnesota Wild team to provide digital menu boards throughout its home at the St. Paul Xcel Energy Center. 89 RoninCast digital menu board displays will be implemented prior to the Minnesota Wild home opener on October 6. The 89 RoninCast enabled displays will be installed across three levels of the arena including the main concourse which will house 43 screens, the Treasure Island Resort and Casino Club level with 19, and upper level with 27 screens. Content for the digital signage network will be maintained through the RoninCast system by Levy Restaurants, food service partner at the arena.
Wireless Ronin Technologies, Inc. Provides Global Support for Thomson Reuters Digital Signage
Wireless Ronin Technologies, Inc. announced that it continues to provide RoninCast software and supporting services for the ongoing growth of the Thomson Reuters Infopoint digital signage network.
Wireless Ronin Technologies, Inc. Appoints Darin McAreavey As Chief Financial Officer
Wireless Ronin Technologies, Inc. announced that Darin McAreavey has been appointed the Company's new Vice President and Chief Financial Officer.
