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RMG announces pricing of public stock offering

August 2, 2013

Digital signage solutions provider RMG Networks Holding Corp. recently announced that it has priced an underwritten public offering of 5 million shares of its common stock, at a public offering price of $8 per share.

The company has granted underwriters a 45-day option to purchase up to an additional 750,000 shares of common stock. While the release making the announcement was put out on July 30, the company also said the offering is expected to close on or about Aug. 2 (today), subject to satisfaction of customary closing conditions. The company said it intends to use the proceeds of the offering to pay down debt and for general corporate purposes, including the funding of the company's growth initiatives.

Roth Capital Partners is acting as sole book-running manager and Northland Capital Markets is acting as co-manager in the offering.

According to the announcement, a registration statement on Form S-1 relating to this offering was declared effective by the Securities and Exchange Commission on July 29, 2013. The securities may be offered only by means of a prospectus. When available, a copy of the final prospectus will be available on the SEC's website located at www.sec.gov. Electronic copies of the final prospectus, when available, also may be obtained from Roth Capital Partners LLC in Newport Beach, Ca.

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