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home / news releases / ISIG - Investor David E. Lazar acquires a 5.1% stake in Insignia Systems

ISIG - Investor David E. Lazar acquires a 5.1% stake in Insignia Systems

Insignia Systems Inc.
Insignia Systems (NASDAQ:ISIG) shows a 5.1% stake of David E. Lazar, an experienced private investor specializing in reverse merger and other event-driven opportunities. He comments, “I invested in ISIG due to the Company’s stated intention to explore strategic options to maximize shareholder value, including, but not limited to, a potential acquisition, merger, business combination or other strategic transaction and its retention of a strategic financial advisor to assist the Company in this review process. I believe significant value can be unlocked at the Company and will be monitoring its developments with interest.” Stock jumps 3.9% during pre-market hours.

For further details see:

Investor David E. Lazar acquires a 5.1% stake in Insignia Systems
Stock Information
Company Name: Insignia Systems Inc.
Stock Symbol: ISIG
Market: NASDAQ
Website: insigniasystems.com
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