January 31, 2022
Creative Realities Inc. and Reflect Systems Inc., providers of digital marketing solutions, provided an update on the status of the pending merger between the companies, according to a press release.
Creative Realities has been working with its current lender, Slipstream Communications LLC, and its financial advisor, A.G.P./Alliance Global Partners, to secure the capital necessary to consummate the pending merger. Creative Realities intends to file with the Securities and Exchange Commission a supplement to the joint proxy statement/prospectus to describe the terms of such financings in advance of a stockholder meeting.
The companies adjourned a Jan. 28 meeting without considering the proposals and will reconvene at 9 a.m. (Eastern Time) on Feb. 15, 2022.