Ingevity (NGVT) Vision One Capital Pushes Full Performance Chemicals Exit, Slams Board’s Capital Allocation Missteps

Summary

Vision One Fund urged Ingevity (NGVT) to explore strategic alternatives, including a potential sale, citing poor stock performance, weak execution, and failure to unlock value. The fund believes Ingevity is significantly undervalued and needs a new strategic direction to maximize shareholder returns.

Company Name: INGEVITY CORP
Symbol: NGVT
Filing Date: Mar-06-2025
Filer Name: VISION ONE FUND, LP

Source:

https://www.sec.gov/Archives/edgar/data/1653477/000153949725000846/n4872_x2-exh1.htm

Member discussion