activistletters
ESSA Pharma (EPIX): Soleus Capital Urges Board to Wind Down Operations and Return Cash to Shareholders
Summary
On April 15, 2025, Soleus Capital Management, one of ESSA Pharma’s largest shareholders, sent a letter to the
activistletters
Ocho Capital Urges Governance and Capital Allocation Reforms at Digimarc (DMRC)
Summary
The Ocho–Digimarc presentation (Apr 15, 2025) highlights how Digimarc’s digital watermarking and product digitization technology enhances brand
activistletters
Palogic Value Fund Urges Open Lending (LPRO) to Pursue Sale, Citing CEO Turnover, Cyclicality, and Limited TAM
Summary
In this letter dated April 2025, Palogic Value Fund, a major shareholder of Open Lending, raised serious concerns about
activistletters
Hartman Group Rallies Silver Star (SLVS) Shareholders Against Haddock’s Leadership and Excessive Compensation
Summary
In this letter, Al Hartman condemned Silver Star CEO Gerald Haddock for awarding himself 1 million shares, calling it
activistletters
Soleus Capital Pressures Theratechnologies (THTX) on Governance, Criticizes Board for Ignoring Buyout Interest from Future Pak
Summary
In this letter, Soleus Capital Management urged Theratechnologies' board to seriously consider a newly announced acquisition proposal from
activistletters
AJP & Orbic Press Sonim Technologies (SONM) on Governance, Slam Board for Blocking Proxy Contest After $33.6M Loss
Summary
In this strongly worded April 10, 2025 letter, AJP Holding Company and Orbic North America accused Sonim Technologies'
activistletters
Bulldog Investors Targets Tejon Ranch (TRC) Governance, Criticizes Strategy, Compensation, and Capital Allocation in Proxy Fight
Summary
In this April 7, 2025 letter, Bulldog Investors (Andrew Dakos and Phillip Goldstein) criticized Tejon Ranch Co.’s long-term
activistletters
Ancora Pressures U.S. Steel (X) Board, Criticizes CEO Burritt and Calls for Alan Kestenbaum as New CEO
Summary
Ancora, a major U.S. Steel shareholder, urges investors to vote for its full slate of nine board nominees
activistletters
Elliott Investment Management Presses Phillips 66 (PSX) on Governance—Midstream Separation, Annual Elections, Vote Gold Card
Summary
On April 3, 2025, Elliott Investment Management, a major shareholder in Phillips 66, urged fellow shareholders to vote the
activistletters
Askeladden Capital Targets AstroNova (ALOT) Governance After 50% Stock Decline, Nominates Turnaround-Focused Slate
Summary
In this letter, Samir Patel of Askeladden Capital Management (a 9.2% shareholder in AstroNova Inc.) criticized the company’
activistletters
Sherwood Group Presses Barnwell (BRN) for Board Overhaul—Cut Overhead, Curb Legal Spend, and Leverage $49M NOLs for Value Creation
Summary
In this letter dated April 2025, Ned L. Sherwood, Barnwell Industries’ largest shareholder (owning ~30%), urged stockholders to support
activistletters
Silver Star Properties (SLVS): Hartman Blasts Haddock’s “Failed New Direction Plan,” Cites $278M NAV Destruction and Mismanagement
Summary
In this letter, Al Hartman, former CEO of Silver Star Properties, accuses current leadership under Gerald Haddock of destroying
activistletters
Bradley L. Radoff Sent Letter to Atea’s Stockholders
Source:
https://www.sec.gov/Archives/edgar/data/1380585/000092189525000883/dfan14a09076068_03262025.htm
The Radoff-JEC Group Nominates Three Highly Qualified
activistletters
Autodesk (ADSK) Starboard Value Nominates Three Directors, Cites Long-Term Underperformance and Governance Failures
Summary
Starboard Value nominated three directors to Autodesk's board, citing long-term underperformance, misleading disclosures, and lack of board
activistletters
Saga Communications (SGA) Gate City Capital Withdraws Director Nominees, Ends Proxy Contest Plans
Summary
On March 26, 2025, Gate City Capital Management formally withdrew its four director nominees—Michael T. Melby, Nicholas J.
activistletters
Saga Communications (SGA) Gate City Capital Withdraws Board Nominees, Criticizes Digital Strategy and Governance
Summary
Gate City Capital Management withdrew its board nominees for Saga Communications' 2025 annual meeting, stating that continuing the
activistletters
Atea Pharmaceuticals (AVIR) Radoff-JEC Group Nominates Three Directors, Cites Stock Underperformance and Governance Failures
The Radoff-JEC Group Nominates Three Highly Qualified Candidates for Election to the Atea Pharmaceuticals Board of Directors
Issues Open Letter
activistletters
Oportun Financial (OPRT) Findell Capital Targets CEO Raul Vazquez and Lead Director Neil Williams, Nominates Two Lending Experts
Summary
Findell Capital, the largest shareholder of Oportun, plans to nominate two directors to replace CEO Raul Vazquez and Lead
