Board of Directors and Shareholders
Aadi Biosciences, Inc.
17383 Sunset Boulevard Suite A250
Pacific Palisades, CA 90272
Dear Board Members
activismweekly
13D weekly report - Feb 17, 2025 to Feb 21, 2025
Table of content
Zymeworks (ZYME) Announces Appointment of Oleg Nodelman, EcoR1 Capital to Board of Directors
Key Summary: On February
activistletters
Dynavax Technologies (DVAX): Deep Track Capital (13.5% holder) Nominates Four Directors, Criticizes Acquisition Strategy and Governance
Summary
Deep Track Capital is nominating four directors to Dynavax’s board, criticizing the company’s acquisition strategy and governance.
activistletters
Barnwell Industries (BRN) — Ned Sherwood Nominates Five Directors, pushes O&G focus, NOL use, and overhead cuts after Q1 loss
Summary
Ned L. Sherwood nominated five directors for Barnwell Industries’ 2025 board, calling for a turnaround and criticizing current leadership
activistcompany
Zymeworks (ZYME) Announces Appointment of Oleg Nodelman, EcoR1 Capital, to Board of Directors
Key Summary: On February 17, 2025, the company announced the appointment of Oleg Nodelman to its board.
Market Cap: $1
activistletters
U.S. Steel (X): Ancora Demands Books & Records, Challenges Nippon Deal Litigation and Flags CEO 10b5-1 Insider-Trading Concerns
Summary
Ancora is demanding access to U.S. Steel’s books and records to investigate potential misconduct. It alleges the
activistletters
Barington Capital Challenges Matthews (MATW) Board, Calls Governance Reforms Reactionary and Pushes for Shareholder-Focused Directors
Summary
Barington Capital urges Matthews International shareholders to vote “FOR” all three of its board nominees (Amicarella, Galbato, Mitarotonda), citing
activismweekly
13D weekly report - Feb 10, 2025 to Feb 14, 2025
Table of content
Kent Lake Partners Opposes Quanterix (QTRX) - Akoya Merger
Key Summary: On February 13, 2025, Kent Lake
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Quanterix (QTRX) Announces Cooperation Agreement with Kent Lake Capital
Key Summary: On February 13, 2025, Kent Lake Partners opposed Quanterix's proposed acquisition of Akoya Biosciences, stating it
activistletters
Quanterix (QTRX): Kent Lake Slams Akoya (AKYA) Stock Merger as a Shareholder “Bailout,” Urges Vote Against and Refocus on Alzheimer’s Diagnostics
Summary
Kent Lake, a top 5 shareholder of Quanterix, opposes the proposed merger with Akoya Biosciences, calling it a value-destructive
activistcompany
Hale Capital Partners initiated discussions with Vislink Technologies, Inc. (VISL)
Key Summary: On February 12, 2025, Hale Capital Partners initiated discussions with the company.
Market Cap: $6 million | Vislink Technologies,
activistletters
Matthews International (MATW): Barington Capital Presses Shareholders to Back Its Board Nominees After ISS, Glass Lewis, and Egan-Jones Endorsements
Summary
Barington Capital urges Matthews International shareholders to vote the GOLD proxy card for its three board nominees, citing long-term
activistcompany
HMI Capital entered a cooperation agreement with nCino, Inc (NCNO)
Key Summary: On February 9, 2025, HMI entered a cooperation agreement with the Issuer to appoint Mr. Nyweide to the
activistletters
Ancora Presses U.S. Steel (X) to End Nippon Deal Pursuit, Collect $565M Breakup Fee, and Replace CEO David Burritt with Alan Kestenbaum
Summary
Ancora asserts that President Trump’s February 7th comments make it clear the sale of U.S. Steel to
activistletters
Gate City Capital Pushes Intrepid Potash (IPI) to End Staggered Board, Urges Shareholders to Support Annual Director Elections
Summary
Gate City Capital, owning 5.97% of Intrepid Potash, has submitted a shareholder proposal for the 2025 annual meeting
activismweekly
13D weekly report - Feb 3, 2025 to Feb 7, 2025
Table of content
Mina Sooch nominated Board candidates to Opus Genetics, Inc (IRD)
Key Summary: On February 7, 2025, Mina