The 13D Report
The 13D Report
Shareholder activism
⌘K
Signup free

Research Team

activistletters

Keros Therapeutics (KROS) Faces ADAR1 Push for Special Dividend, Strategic Engagement, and Board Changes

Summary On August 21, 2025, ADAR1 Capital Management (13.3% holder) released an open letter to Keros Therapeutics’ (KROS) Board
activistletters

Silver Star Properties (SLVS) Targeted by Hartman Alliance Over Board Misconduct, Self-Dealing Stock Awards, and Personal Liability Risks

Summary On August 20, 2025, the Hartman Group issued a letter warning directors Mr. Tompkins and Mr. Still of serious
activistprofile

Poplar Point Capital Management

I. Basics Jad Fakhry is a Manager at Poplar Point Capital Management LLC. He is on the Board of Directors
activistcompany

Poplar Point Engages Resources Connection, Inc (RGP) on Cost Cuts and Divestitures

Key Summary: On August 21, 2025, Poplar Point Capital Management (5.6%) said it discussed cost cuts and non-core divestitures
activistletters

ProQR Therapeutics (PRQR) Pressured by Van Herk Investments (11.6%) Over Board Reappointments, Governance Failures, and Compensation Practices

Summary Van Herk Investments (11.6% holder) sent a follow-up letter to ProQR’s board on August 19, 2025, criticizing
activistletters

Silver Star (SLVS) Faces Hartman’s Challenge: Activist Cites 70% Value Loss, Legal Violations, and Board Reform Drive

Summary Al Hartman blasted Silver Star’s current leadership for destroying 70% of shareholder value through mismanagement, fire-sale asset disposals,
activismweekly

13D weekly report - August 11, 2025 to August 15, 2025

Table of content MNG Increases Buyout Offer to $17.50 Per Share for DallasNews (DALN) Key Summary:  On July 31,
activistletters

Silver Star Properties (SLVS) Hit by Hartman Shareholder Alliance Over Mismanagement, Vote Interference, and Legal Exposure

Summary The Hartman Shareholder Alliance, led by Al Hartman, accuses CEO Haddock of severe mismanagement at Silver Star Properties (SSP)
activistletters

Hartman Urges Shareholders to Remove Silver Star (SLVS) Board Amid Value Destruction, Leasing Failures

Summary On August 12, 2025, Al Hartman accused Silver Star’s management of “systematic value destruction,” citing a drop in
activistletters

Silver Star (SLVS) Faces Hartman’s Proxy Fight: Shareholder Demands Board Overhaul After Mismanagement and Shareholder Exclusion

Summary Al Hartman charged Silver Star’s leadership with destroying 70% of NAV since 2022 through poor governance, asset neglect,
activismweekly

13D weekly report - August 04, 2025 to August 08, 2025

Table of content Two Seas Capital opposes CoreWeave acquisition of Core Scientific Inc (CORZ) Key Summary: On August 7, 2025,
activistletters

Hartman Invites Silver Star (SLVS) Investors to Discuss 70% NAV Loss, Poison Pill Concerns, and Board Mismanagement

Summary On August 4, 2025, Al Hartman invited select Silver Star shareholders—those who had not voted or had voted
activistcompany

Core Scientific shareholders reject merger with CoreWeave (CORZ)

Key Summary: On August 7, 2025, Two Seas Capital (6.3%) stated that it will vote against Core Scientific’s
activistprofile

Nantahala Capital Management

I. Basics Founded in 2004 Nantahala invests primarily in small and micro-cap stocks across a variety of sectors with a
activistcompany

Nantahala Capital Management secured a Board seat at Xtant Medical Holdings, Inc (XTNT)

Key Summary: On August 1, 2025, Nantahala Capital Management secured a Board seat. Market Cap: $76 million | Xtant Medical Holdings,
activistprofile

Altai Capital Management

I. Basics Altai Capital is an independent, value-oriented private investment firm focused on both credit and equity opportunities. Rishi Bajaj
activistprofile

Settian Capital

I. Basics Settian Capital LP is an investment advisory firm based in New York City, specifically located at 767 Fifth
activistcompany

Settian Capital May Push for Operational or Strategic Changes at Westwood Holdings Group Inc (WHG)

Key Summary: On August 4, 2025, Settian Capital (5%) stated that it may engage with management to propose actions aimed