TRANS-LUX CORPORATION (OTCMKTS:TNLX) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01              Entry into a Material Definitive Agreement

On March 28, 2017, Trans-Lux Corporation (the “Company”), and its wholly-owned subsidiaries Trans-Lux Display Corporation, Trans-Lux Midwest Corporation and Trans-Lux Energy Corporation, as borrowers, entered into a Third Amendment to Credit Agreement, effective as of July 12, 2016, with SCM Specialty Finance Opportunities Fund, L.P. as lender(“SCM”), to provide for an amendment to that certain Credit and Security Agreement with SCM, dated July 12, 2016, as amended September 8, 2016 and February 14, 2017.  The Third Amendment to the Credit and Security Agreement modifies the definition and calculation of EBITDA so that it does not exclude the effect of the $462,065 gain recorded in July 2016 as a result of the buyback of an aggregate of $353,000 8¼% Limited Convertible Senior Subordinated Notes due 2012 and 9½% Subordinated Debentures due 2012.

The foregoing description of the Third Amendment to Credit and Security Agreement is included to provide information regarding its terms.  It does not purport to be a complete description and is qualified in its entirety by reference to the full text of the Third Amendment to Credit and Security Agreement which is filed as an exhibit hereto and incorporated herein by reference.

Item 9.01              Financial Statements and Exhibits.

(d)          Exhibits

10.1        Third Amendment to Credit and Security Agreement, dated as of March 28, 2017 (and effective July 12, 2016), by and among SCM Specialty Finance Opportunities Fund, L.P., Trans-Lux Corporation, Trans-Lux Display Corporation, Trans-Lux Midwest Corporation and Trans-Lux Energy Corporation.

About TRANS-LUX CORPORATION (OTCMKTS:TNLX)

Trans-Lux Corporation is a designer and manufacturer of digital signage display solutions. The Company designs, manufactures, distributes and services the elements of these systems that are real-time, programmable digital displays. These display systems utilize light emitting diode (LED) technologies. In addition, its LED lighting division provides lighting solutions that feature an offering of LED lighting technologies that provide facilities and public infrastructure with green lighting solutions. It operates through two segments: the Digital display sales division, and the Digital display lease and maintenance division. In North America, it markets digital display products in the United States and Canada using a combination of distribution channels, including direct sales representatives and a network of independent dealers and distributors. By working with software vendors and using the Internet, it offers information, content management software and display hardware.

TRANS-LUX CORPORATION (OTCMKTS:TNLX) Recent Trading Information

TRANS-LUX CORPORATION (OTCMKTS:TNLX) closed its last trading session 00.00 at 2.00 with 200 shares trading hands.