activistletters
ModivCare (MODV): Q Investments (14% Holder) Pushes for Board Refresh, Leadership Evaluation, and Strategic Review
Summary
Q Investments (14% shareholder and debt holder of ModivCare) welcomes the December 13 resignations of Chairman Shackelton and director
activistletters
Gabelli Urges Myers Industries (MYE) to Pursue Signature Systems Spin/IPO, Highlighting Undervalued Assets and Capital Allocation Potential
Summary
Gabelli Funds’ December 2024 presentation argues that Myers Industries (MYE) is significantly undervalued and could nearly double in enterprise
activistletters
Stadium Capital Urges Board Overhaul at Sleep Number (SNBR), Citing Backing From Holders of 45% of Shares
Summary
Stadium Capital urges long-tenured Sleep Number directors Stephen Gulis, Michael Harrison, Shelly Ibach, Brenda Lauderback, and Barbara Matas to
activistcompany
DOMA Perpetual Capital Management Announces Intent to Nominate Three Director Candidates at 2026 Annual Meeting of Pacira BioSciences, Inc. (PCRX)
Key Summary: On March 14, 2025, DOMA Perpetual Capital Management announced the nomination of three director candidates, expressing concerns over
activistletters
Daktronics (DAKT) Faces Alta Fox Push for CEO/Chair Split, Poison Pill Removal, and Path to $40+ Share Price
Summary
Alta Fox (12% holder) is pushing for major governance and leadership changes at Daktronics, citing severe underperformance under CEO/
activistletters
Matthews International (MATW): Barington Capital Seeks CEO Change, Divestitures, and Board Refresh After Years of Underperformance
Summary
Barington (shareholder since 2022) criticizes Matthews’ 18-year CEO Joseph Bartolacci for massive underperformance—just 8.9% TSR vs 629%
activistletters
Nut Tree and Caspian Urge Martin Midstream (MMLP) Unitholders to Reject MRMC Merger, Citing Undervaluation and Conflicts of Interest
Summary
Nut Tree and Caspian urge Martin Midstream Partners (MMLP) unitholders to reject MRMC’s $4.02/unit buyout, calling
activistletters
Barington Capital and Thor Equities Urge Macy’s (NYSE: M) to Cut Capex, Form Real Estate Subsidiary, and Accelerate Buybacks to Unlock Shareholder Value
Summary
Barington and Thor argue that Macy’s is undervalued due to ineffective execution and excessive capex, with shares down
activistletters
Barington and Thor Urge Macy’s (M) to Restructure Capital Allocation, Unlock Real Estate Value, and Add Board Representation
Summary
Barington Capital and Thor Equities (shareholders of Macy’s) argue that Macy’s stock is deeply undervalued and has
activistcompany
Starboard Value reaches agreement with Healthcare Realty Trust Incorporated (HR)
Key Summary: On December 8, 2024, Starboard Value LP (5.6%) reached an agreement with the company to replace three
activismweekly
13D weekly report - Dec 02, 2024 to Dec 06, 2024
Table of content
Global Value Investment Corp desires for Board representation on Fluent Inc (FLNT)
Key Summary: On December 3,
activistcompany
Sarissa Capital Management Expresses Confidence in Amarin's (AMRN) Value and Long-Term Commitment
Key Summary: Sarissa Capital Management (6.06%) began engaging with the company on January 24, 2022, to maximize asset value,
activistcompany
JCP Investment Management entered into a Cooperation Agreement with Red Robin Gourmet Burgers, Inc (RRGB)
Key Summary: On December 3, 2024, JCP Investment Management (10.7%) entered a Cooperation Agreement with the company, appointing James
activistcompany
Kanen Wealth Management / Philotimo Fund Urges eGain Corporation (EGAN) to explore a sale
Key Summary: On April 24, 2023, Kanen Wealth Management / Philotimo Fund (6.4%) stated the company's stock price
activistcompany
Global Value Investment Corp secured Board representation in Fluent Inc (FLNT)
Key Summary: On December 3, 2024, Global Value Investment Corp (15%) expressed an interest to the company in obtaining board
activistletters
Stadium Capital (11.7% Holder) Nominates Four Directors to Sleep Number (SNBR) Board, Slams Governance and CEO Search Process
Summary
Stadium Capital, Sleep Number’s largest shareholder (11.7%), has nominated four directors—Patrick Hopf, Jeffrey Jackson, Jessica Prager,
activismweekly
13D weekly report - Nov 25, 2024 to Nov 29, 2024
Table of content
Investor Group Plans 24.9% Stock Purchase and Board Nominations at Farmers and Merchants Bancshares, Inc (FMFG)
activistletters
Nut Tree and Caspian (13.2%) Urge Martin Midstream Partners (MMLP) Unitholders to Reject $4.02 Insider Buyout as Deeply Undervalued
Summary
Nut Tree Capital and Caspian Capital, holding a combined 13.2% stake in Martin Midstream Partners (MMLP), are urging
