December 20, 2001 |
Ron Bension, who quit suddenly last week as head of video game maker Sega GameWorks, took over this week as chief executive at Tickets.com Inc., the Irvine event ticket firm said Wednesday. Bension, 47, who previously rose through the ranks of Universal Studios Inc. to head its theme-park business, takes over a firm that hasn't posted a profit since going public in November 1999. He replaces W. Thomas Gimple, who becomes chairman. Gimple had been co-chairman with C.
August 10, 2001 |
Tickets.com Inc., which sells tickets to events over the Internet, said Thursday its shares will remain listed on the Nasdaq National Market. The stock was in danger of being delisted for failing to meet the market's minimum price requirement of $1 per share. But the Costa Mesa company completed a 1-for-8 reverse stock split and received $17 million in additional equity financing. The stock on Thursday edged up 12 cents to $3.03.
July 20, 2001
Tickets.com Inc. shareholders have approved a 1-for-8 reverse stock split, a move aimed at pushing the Costa Mesa company's shares above the minimum price required to retain their Nasdaq listing. The reverse split will be completed prior to the opening of trading on Monday, according to the company, a provider of entertainment, sports and travel tickets. In the process, every eight outstanding shares of common stock will be converted into one share.
June 26, 2001 |
Tickets.com Inc., a provider of entertainment, sports and travel tickets, said Monday it received an extension from a Nasdaq panel to comply with the minimum stock price requirement of $1 a share for continued listing. The Costa Mesa company is asking shareholders to approve a 1-for-8 reverse stock split and an arrangement for additional financing at its annual meeting July 11. The stock, which has been trading below $1 this year, on Monday edged up 2 cents to 40 cents a share.
May 3, 2001 |
Despite posting a wider first-quarter loss, Tickets.com Inc. of Costa Mesa enjoyed a spike in its sagging stock price Wednesday after disclosing that it has picked up $15 million in private financing. The company said in a press release that the proceeds will fund operations through late this year, beyond the time it expects to achieve cash-flow profitability. The stock gained 20 cents to close at 52 cents a share on Nasdaq. Earlier Wednesday, Tickets.
April 17, 2001 |
Online Costa Mesa ticketing company Tickets.com Inc. said Monday that it has reached agreement with Visa USA to form an online security and marketing alliance for live-event ticket distribution. The companies said in a press release Monday that Tickets.com will use the Visa payer authentication system. The proprietary technology is designed to strengthen the safety and security of consumer transactions online. Visa will become Tickets.com's preferred payment method.