Key Summary: On July 23, 2024, Dream Chasers Capital Group LLC (5%) stated that it was nominating two new directors to the board and urging shareholders to vote for them at the upcoming annual meeting.Market Cap: $10 million | Carver Bancorp, Inc. operates as the holding company for Carver Federal Savings Bank that provides consumer and commercial banking services for consumers, businesses, non-profit organizations, and governmental and quasi-governmental agencies primarily in New York.
On December 12, 2022, Dream Chaser’s Capital Grup (5.51%), Shawn Paul Herrera (1.68%) and Kevin Scott Winters (3.83%) entered into the Voting Agreement because they all believe that the Company represents an attractive investment based on the Company’s business prospects, strategy, and share price. They believe that the Company is undervalued, and they intend to push for operational changes to enhance shareholder value.
On December 20, 2022, Jeffrey John Bailey (7%) stated his belief that the Company is undervalued, and he intends to push for operational changes to enhance shareholder value. Source
On July 23, 2024, Dream Chasers Capital Group LLC (5%) stated that it was nominating two new directors to the board and urging shareholders to vote for them at the upcoming annual meeting. Dream Chasers believed these nominees would drive a new growth strategy, enhancing profitability and shareholder value. They warned that any resistance to their nominations could negatively impact Carver’s stock price and capital-raising ability, posing a risk to the bank’s future. Source
Comments