Radoff/Torok Group reached an agreement with Alto Ingredients, Inc. (ALTO)

Key Summary: On March 17, 2025, Bradley L. Radoff and Michael Torok (the "Radoff/Torok Group") reached an agreement with the company

Market Cap: $99 million | Alto Ingredients, Inc. produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States. 

On March 17, 2025, Bradley L. Radoff and Michael Torok (the "Radoff/Torok Group") (together 6.4%) reached an agreement with the company, where directors Kieta and Kandris will not seek re-election at the 2025 Annual Meeting. The group is restricted from acquiring more than 19.9% of shares and the agreement imposes standstill restrictions until 30 days before the 2026 Annual Meeting or 120 days after the 2025 meeting, during which the group will vote for Board-nominated directors and as recommended, unless advised otherwise by ISS or Glass Lewis.

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