Key Summary: On December 20, 2023, Irenic Capital Management stated that the company's securities are undervalued and seeks to engage with the Board and management to enhance shareholder value. On September 30, 2024, Irenic Capital Management encouraged the company to undertake a full strategic review of all alternatives to maximize shareholder value Market Cap: $453 million | Reservoir Media, Inc. operates as a music publishing company.
On December 20, 2023, Irenic Capital Management (5.1%) stated its belief that the company's securities are undervalued and expressed a desire to engage with the Board and management to explore ways to increase shareholder value. Source
On September 30, 2024, Irenic Capital Management (8.1%) encouraged the company to undertake a full strategic review of all alternatives to maximize shareholder value and to form a special committee of the Board to oversee such review process. Source
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