activistletters
Dynavax (DVAX) Faces Proxy Contest as Deep Track Capital Seeks Governance Change and Sharper Focus on Heplisav Growth
Summary
Deep Track Capital, holding 14.5% of Dynavax Technologies, has publicly criticized the company's strategic direction and
activistletters
Kent Lake Slams Quanterix (QTRX)–Akoya Deal as Bailout; Calls Out Board Conflicts, Shareholder Value Destruction, and Strategic Distraction
Summary
Kent Lake urged Quanterix shareholders to vote against the merger with Akoya, arguing it is a bailout that unfairly
activistletters
Kent Lake Partners Opposes Quanterix (QTRX)–Akoya Deal, Calls Merger a Bailout That Destroys Shareholder Value
Summary
Kent Lake Partners, a 7.7% shareholder of Quanterix, urges fellow shareholders to vote AGAINST the proposed merger with
activistletters
Activist Ned Sherwood Presses Barnwell Industries (BRN) for Board Change Amid Strategy and Governance Failures
Summary
Ned L. Sherwood and his group, owning nearly 30% of Barnwell Industries (BRN), filed definitive additional materials to solicit
activistletters
Askeladden Capital Calls for Change at AstroNova (ALOT) After Q4 Miss, EBITDA Slide and Inventory Bloat
Summary
Askeladden Capital, the largest shareholder of AstroNova, has nominated five board candidates, citing deep concerns over poor financial performance,
activistletters
Hartman Group Targets Silver Star Properties (SLVS) Board, Citing Fire-Sale Asset Sales, Occupancy Collapse, and Excessive Awards to CEO Haddock
Summary
In the April 15, 2025 letter, Al Hartman urged Silver Star shareholders to vote for the replacement of the
activistletters
H Partners Targets Entrenched Directors at Harley-Davidson (HOG), Calls for Zeitz’s Removal and Board Reconstitution
Summary
H Partners, owning 9.1% of Harley-Davidson, has launched a withhold campaign targeting CEO/Chairman Jochen Zeitz, Presiding Director
activistletters
BML Capital Presses Elevation Oncology (ELEV) to Liquidate and Distribute Cash, Warns Against Value-Destructive Reverse Mergers
Summary
BML Capital Management, which owns 9.9% of Elevation Oncology, has urged the board to wind down operations and
activistletters
Activist letters & Presentations
Bradley L. Radoff Sent Letter to Atea’s Stockholders
Starboard Delivers Letter To Autodesk Shareholders
Findell Capital Management Issues Open
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
