As previously disclosed in the public filings of Trans-Lux Corporation (the ‘Company’), the Company lacked adequate liquidity to operate its business over the next 12 months and the audit report in the Company’s audited Consolidated Financial Statements for the fiscal year ended December 31, 2017 contained a going concern qualification. Accordingly, on November 2, 2018, the Company entered into a Securities Purchase Agreement (the ‘SPA’) with Unilumin North America Inc. (‘Unilumin’), pursuant to which Unilumin purchased 1,315,789 shares of the Company’s Common Stock, par value $0.001 per share (‘Common Stock’), for a purchase price of $1,500,000 (the ‘Purchase’), or a per share purchase price of $1.14. In addition, Unilumin has the right to appoint to two Directors to the company’s Board of Directors. Unilumin has designated Yang Liu and Nicholas Fazio and the Company will amend this Form 8-K to provide the information required under Item 5.02 (d) of Form 8-K. At and after the Closing, the Purchaser shall be entitled to appoint two directors to the Board of Directors of the Company (the ‘Board’) who shall be reasonably acceptable to the Company (such directors, each a ‘Purchaser Director’). Yang Liu and Nicholas Fazio are agreed to be acceptable. Each of the foregoing directors shall be appointed as directors of the same class of directors at the Closing and shall serve for an initial term of three years such that their terms as directors will expire at the Company’s 2021 annual meeting of stockholders (and any subsequent required annual meeting of stockholders).