Activism - individual company 2/12

Aug 271 min read

Riverstyx Capital Management Announces Intention to Nominate Three Board Candidates to Charles & Colvard, Ltd (CTHR)

Key Summary: On August 27, 2024, Riverstyx Capital Management (8.7%) notified the Company of its intention to nominate three Board...

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Ananthi.T 17BT002

Aug 272 min read

Value Base Urges Cognyte (CGNT) Shareholders to Vote for its Highly Qualified Director Candidate and Against Certain Company Proposals

Key Summary: On June 26,2024, Value Base Ltd (9.41%) proposed that the Company nominate Mr. Yaacobi, Managing Partner of Value Base Ltd,...

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Ananthi.T 17BT002

Aug 231 min read

EcoR1 Capital secured Board seat in Galapagos (GLPG)

Key Summary: On August 23, 2024, EcoR1 Capital (9.9%) announced plans to discuss company performance, operations, strategic...

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Ananthi.T 17BT002

Aug 201 min read

Thomist Capital Proposes Strategic Initiatives to Boost Shareholder Value at Peabody Energy Corporation (BTU)

Key Summary: On August 20, 2024, Thomist Capital (9.96%) proposed strategies to enhance shareholder value, including a share buyback...

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Ananthi.T 17BT002

Aug 191 min read

Nierenberg Investment Management Proposes Board Efficiency Enhancements at Riverview Bancorp (RVSB)

Key Summary: On August 19, 2024, Nierenberg Investment Management (5%) suggested board efficiency improvements based on David...

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Ananthi.T 17BT002

Aug 151 min read

Engaged Capital initiates discussions with Portillo's Inc (PTLO)

Key Summary: On August 15, 2024, Engaged Capital (9.9%) stated it is working with the Board and management to enhance business value...

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Ananthi.T 17BT002

Aug 143 min read

22NW reached an agreement with Farmer Bros. Co. (FARM)

Key Summary: On September 14, 2022, JCP Investment Management and Bradley L. Radoff, holding 5.3%, nominated three board candidates. On...

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Ananthi.T 17BT002

Aug 133 min read

Ludmila and Edward Smolyansky Seek Consent for Board Removal and Director Election Proposals at Lifeway Foods, Inc (LWAY)

Key Summary: On October 15, 2021, Ludmila and Edward Smolyansky announced their plan to nominate up to three directors at the 2021 AGM....

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Ananthi.T 17BT002

Aug 82 min read

Robert G. Brown nominated Board candidates to SPAR Group Inc (SGRP)

Key Summary: On August 8, 2024, Robert G. Brown submitted a notice nominating four candidates for the Board at the next annual meeting....

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Ananthi.T 17BT002

Aug 62 min read

Starboard Value issued a presentation to the shareholders of Autodesk Inc (ADSK)

Key Summary: Starboard Value LP, holding over $500 million in Autodesk, has raised concerns over misleading billing practices and poor...

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Ananthi.T 17BT002

Aug 61 min read

Heard Capital secured a Board seat in Anterix (ATEX)

Key Summary: On August 6, 2024, at the Annual Meeting, Mr. Heard, CEO of Heard Capital (9.4%), was elected as a director to the Board....

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Ananthi.T 17BT002

Aug 11 min read

Teleios Capital Partners Initiates Talks with Quanex Building Products Corporation (NX)

Key Summary: On August 2, 2024, Teleios Capital Partners (9.8%) began talks with management to improve shareholder value through...

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Ananthi.T 17BT002

Jul 292 min read

Barington Capital Group Proposes Value-Enhancing Strategy for TriMas Corporation (TRS)

Key Summary: Barington Capital Group (1%) advised TriMas Corporation on December 12, 2023, to sell Arrow Engine, improve Aerospace...

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Ananthi.T 17BT002

Jul 251 min read

Terra Property Trust acquires 5.2% stake in AG Mortgage Investment Trust (MITT)to unlock value

Key Summary: On April 12, 2022, Hill Country Asset Management disclosed an 8.6% stake in the company and announced plans to engage with...

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Ananthi.T 17BT002

Jul 252 min read

Enhabit (EHAB) Announces Preliminary Results of 2024 Annual Meeting of Stockholders

Key Summary: On May 9, 2024, AREX Capital (4.8%) criticized Enhabit’s strategic review for undervaluing the company and nominated seven...

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Ananthi.T 17BT002

Jul 254 min read

Al Shams Investments LTD expressed displeasure and frustration at the status of discussions with Braemar's (BHR)

Key Summary: On March 22, 2024, Blackwells Capital LLC, along with its affiliates and Jason Aintabi, solicit support from stockholders...

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Ananthi.T 17BT002

Jul 231 min read

Dream Chasers Capital Group to nominate 2 directors to Carver Bancorp, Inc (CARV)

Key Summary: On July 23, 2024, Dream Chasers Capital Group LLC (5%) stated that it was nominating two new directors to the board and...

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Ananthi.T 17BT002

Jul 231 min read

Value Base Group reaches Nomination Agreement with Valens Semiconductor Ltd (VLN)

Key Summary: On July 23, 2024, a Nomination Agreement was signed between Value Base Group (18.5%) and the Company. Market Cap: $265...

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Ananthi.T 17BT002

Jul 191 min read

CPC Pain & Wellness SPV, LLC filed a complaint against XWELL, Inc (XWEL)

Key Summary: On June 17, 2024, CPC Pain & Wellness SPV, LLC (9.42%) expressed concerns over the company’s long-term underperformance,...

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Ananthi.T 17BT002

Jul 182 min read

William Charters supports Regis Corporation (RGS) for Board's Shareholder-Friendly Resolution and Strategic Initiatives

Key Summary: On January 9, 2024, William Charters, Stephen Salvadore, and Gary Wyetzner (7.6%) criticized the company's mismanagement,...

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