On July 1, 2019, HSB Capital Partners, L.P. issued an open letter to Tix Corporation's stockholders outlining its concerns with the Company's long-term underperformance. HSB expressed its view that the Company's performance issues stem from poor oversight by the Company's board of directors who lack both the experience and independence to set a clear, stockholder-focused, value-creating strategy. In addition, HSB Capital stated that it has identified and intends to nominate for election at the Company's 2019 annual meeting of stockholders a slate of 4 independent nominees to join the Company's Board: Haren Bhakta, Palak Bhakta, John Buckingham, and Michael Fisk.