David E. Lazar Announces 5.1% Ownership Interest in Insignia Systems, Inc.
31 Mayo 2022 - 8:00AM
David E. Lazar, an experienced private investor specializing in
reverse merger and other event-driven opportunities, today filed a
Schedule 13D announcing his acquisition of approximately 5.1% of
the common stock outstanding of Insignia Systems, Inc. (NASDAQ:
ISIG) (“ISIG” or the “Company”). Mr. Lazar issued the following
statement:
“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.”
About David E. LazarDavid E. Lazar is an
experienced private investor who brings domestic and international
experience in operations, accounting, audit preparation, due
diligence, capital restructuring, debt financing, and mergers and
acquisitions.
Investor Contact Information:David E.
LazarDavid@activistinvestingllc.com
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