Key Summary: On August 19, 2024, Nierenberg Investment Management (5%) suggested board efficiency improvements based on David Nierenberg’s experience and support.Market Cap: $97 million | Riverview Bancorp, Inc. operates as a bank holding company for Riverview Bank that provides commercial banking services to small and medium size businesses, professionals, and wealth building individuals.
On August 19, 2024, Nierenberg Investment Management Company (5%) advised the nierenberg-investment-management-proposes-board-efficiency-enhancements-at-riverview-bancorp-rvsbcompany's board on enhancing board efficiency, leveraging Mr. David Nierenberg’s past board experience and support. To ensure regulatory compliance, they filed a 13D form, although they remain confident in the board and are positive about recent senior management updates. Source
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