activistcompany
Hill Path Capital increased its stake after securing a Board seat in SeaWorld Entertainment (SEAS)
Key Summary: Between 2016 and 2020, Hill Path Capital steadily increased its stake from 7.7% to 34.8%, joined
activistcompany
Profile of companies that are targetted by activists
activistcompany
Philotimo Fund reaches agreement with Orion Energy Systems, Inc. (OESX)
Key Summary: On January 3, 2023, Philotimo Fund and Charles McDulin (5.2%) entered into a cooperation agreement with the
activistcompany
Kanen Wealth Management/ Philotimo Fund opines ODP Corp (ODP) could trade more than 8x its current trading price
Key Summary: On January 25, 2021, ODP entered a Cooperation Agreement with HG Vora (9.5%), appointing Marcus B. Dunlop
activistcompany
Kanen Wealth Management LLC delivers letter to Board of Lazydays Holdings (LAZY)
Key Summary: On November 30, 2021, Kanen Wealth Management/Philotimo Fund (8.3%) urged the Board to replace CEO William
activistcompany
ICV Partners acquired Diversified Restaurant Holdings (SAUC)
Key Summary: Kanen Wealth Management/Philotimo Fund initially disclosed a 5.49% stake in August 2017, aiming to discuss capital
activistcompany
Kanen Wealth Management increased its stake in Astea International (ATEA)
Key Summary: On September 28, 2018, Kanen Wealth Management (9.1%) raised concerns over ATEA’s capital structure, citing its
activistcompany
Kanen Wealth Management decreased its stake after securing Board seats in Aqua Metals (AQMS)
Key Summary: In 2018, Kanen Wealth Management/Philotimo Fund (7.9%) launched a proxy contest, nominating five candidates to Aqua
activistcompany
Kanen Wealth Management/ Philotimo Fund reaches agreement with 1847 Goedeker Inc (GOED)
Key Summary: Kanen Wealth Management/Philotimo Fund (initially 6.6%) sought Board representation in June 2021, highlighting e-commerce expert Mehran
activistcompany
Toro 18 Holdings withdrew its nomination at Turtle Beach (HEAR); Turtle Beach appoints William Wyatt, the Founder and CIO of The Donerail Group to the board
Key Summary: Toro 18 Group (up to 8.4%) launched a proxy campaign in early 2023, nominating directors and pushing
activistcompany
Sudbury Capital Fund requested a Board seat in Optex Systems Holdings (OPXS)
Key Summary: Henry Partners (9.8%) raised concerns in October 2019 about the company’s governance and executive pay, urging
activistcompany
Eric Semler and William H.C. Chang secured board seats in Semler Scientific (SMLR)
Key Summary: On April 19, 2023, Eric Semler and William H.C. Chang entered into a cooperation agreement with the
activistcompany
Paragon Technologies solicits votes for the election of its nominees at Rubicon Technology (RBCN)
Key Summary: Between 2016 and 2022, Paragon Technologies repeatedly challenged Rubicon’s leadership through board nominations, proxy contests, and public
activistcompany
Paragon Technologies terminates discussions with AeroCentury (ACY)
Key Summary: Paragon Technologies urged AeroCentury to delay its June 9, 2020 annual meeting to allow fair nomination of directors.
activistcompany
Leaf Group (LEAF) Announces Shareholder Approval of Merger Agreement with Graham Holdings
Key Summary: In 2019 and 2020, Osmium Partners (initially 7.8%) led multiple campaigns urging Leaf Group to sell its
activistcompany
Trecora Resources enters into a definitive agreement to be acquired by an affiliate of Balmoral Funds; Pangaea withdrew its nomination of candidates
Key Summary: Bradley L. Radoff, increasing his stake from 3.6% to 6%, criticized the board’s handling of M&
activistcompany
Charles Frischer urges Regional Health Properties (RHEP) to Engage on 99% Premium Offer
Key Summary: On June 18, 2025, Charles Frischer urged the Board to engage with a buyer offering a 99% premium,
activistcompany
Hill Path Gains Third Board Seat with One-Time Waiver at United Parks & Resorts Inc (PRKS)
Key Summary: At the June 13, 2025 meeting, stockholders elected Aayushi Dalal, Mr. Chambers, and Mr. Ross to the Board,
activistcompany
HIC 2, LLC to Nominate Additional Board Members to Boxlight Corp (BOXL)
Key Summary: On June 18, 2025, HIC 2, LLC announced its intention to nominate additional candidates for the board.
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