XG Technology, Inc (XGTI)

[tob999]

8K out. Binding and definitive.

Entry into a Material Definitive Agreement

Binding Letter of Intent

On October 13, 2016, xG Technology, Inc. (the “Company”) signed a binding Letter of Intent (“LOI”) with Vislink PLC, an England and Wales public limited company (the “Seller”), regarding the acquisition by the Company of certain assets and liabilities relating to the hardware segment of Vislink (the “Transaction”).

http://archive.fast-edgar.com//20161021/ABAJLG2DZM22RZZZ2H2W2ZZDI4GEZB22Z282/