activistletters
Askeladden Capital Presses AstroNova (ALOT) on Governance Failures and Nominates Five Directors Amid MTEX Deal Fallout
Dear AstroNova stakeholders:
I write to you as the founder and portfolio manager of Askeladden Capital (collectively, “we,”) which is
activistletters
180 Degree Capital (TURN) Faces Marlton Criticism Over Governance, Costly Sale Process, and Lack of Shareholder Vote
Summary
On June 3, 2025, Marlton Partners, owning 5.2% of 180 Degree Capital (TURN), issued a letter demanding the
activistletters
Marlton Partners Presses 180 Degree Capital (TURN) to Set Record Date, Citing Governance Failures and Mount Logan Deal Delays
Item 1: On June 3, 2025, Marlton and its affiliates issued the following press release and public letter to shareholders:
activistletters
Silver Star Properties (SLVS) Faces Hartman-Led Nominee Slate Calling for Capital Return, Debt Reduction, and Governance Reform
Summary
On June 2, 2025, Allen R. Hartman issued a letter criticizing Silver Star’s board and management for poor
activistletters
Hartman Group Urges Overhaul at Silver Star Properties (SLVS), Citing 66% Stock Decline, Governance Failures, and Capital Mismanagement
On June 2, 2025, the Hartman Group distributed the following letter to shareholders:
June 2, 2025
To Our Fellow Shareholders
activistletters
Hartman Group (7.8% Holder) Urges Silver Star Properties (SLVS) Shareholders to Elect New Board, Push for Liquidation Over “Failed Pivot”
Summary
Allen R. Hartman and his affiliates, owning 7.76% of Silver Star Properties REIT, are seeking shareholder support to
activistletters
Hartman Group Challenges Silver Star Properties (SILV) Board, Seeks Stockholder Support to Elect New Directors and Pursue Liquidation Strategy
Dear Fellow Stockholders:
Allen R. Hartman, director of Silver Star Properties REIT, Inc. (the “Company” or “Silver Star”), and certain
activistletters
Brookdale Senior Living (BKD) Faces Ortelius’ Push for Accountability Amid Underperformance and Leadership Concerns
Summary
The Ortelius Advisors filing (June 3, 2025) relates to its proxy fight at Brookdale Senior Living. While the full
activistletters
Ortelius Pressures Brookdale (BKD) Over Governance and Strategy, Urges Shareholders to Back Board Change
Company Name: Brookdale Senior Living Inc.
Symbol: BKD
Filing Date: Jun-03-2025
Filer Name: Ortelius Advisors, L.P.
Download PresentationOrtelius-Brookdale-Jun-03-2025.pdf14
activistletters
Galloway Capital Urges Change at Babcock & Wilcox (BW), Highlights Board Engagement, BrightLoop Opportunity, and Capital Allocation
Summary
Galloway Capital, owning 4.31% of Babcock & Wilcox (B&W), believes the company is significantly undervalued and
activistletters
Galloway Capital Urges Babcock & Wilcox (BW) to Unlock Shareholder Value, Citing Undervaluation and AI-Driven Growth Tailwinds
June 2, 2025
Babcock & Wilcox Enterprises, Inc.
1200 E. Market Street, Suite #650
Akron, OH 44305
Attn: Kenneth M.
activistletters
Al Hartman Challenges Silver Star (SLVS) Leadership, Criticizes Haddock’s Dilution, Mismanagement, and Value Erosion
Summary
In a July 2025 letter, Al Hartman urged Silver Star Properties shareholders to support his proxy campaign to take
activistletters
Al Hartman Urges Silver Star Properties (SLVS) Shareholders to Support Takeover Bid, Blasts Current Leadership for $278M NAV Decline and Mismanagement
Dear Shareholders,
Our vision is to take the Silver Star Properties REIT, Inc. (the “Company”) over before the current Directors
activistletters
Van Herk Investments Presses ProQR (PRQR) for Governance Reform, Calls Reappointments of CEO De Boer and Chairman Shannon Invalid
Summary
On July 3, 2025, Van Herk Investments (VHI), holding over 10% of ProQR Therapeutics, sent a letter to the
activistletters
Van Herk Investments Pressures ProQR Therapeutics (PRQR) to Withdraw Board Reappointments, Citing Governance Violations and Poor Performance
Dear members of the Board,
As you know, Van Herk Investments B.V. (" VHI" or "we"
activistletters
Galloway Capital Challenges WW International (WGHTQ) Reorganization, Cites Governance Failures and Retail Investor Losses
Summary
On July 2025, Galloway Capital Partners announced it is considering legal action against WW International (OTCPK: WGHTQ), its board,
activistletters
Galloway Capital Threatens Legal Action Against Weight Watchers (WGHTQ) Over Bankruptcy Plan That Wipes Out Shareholders
Galloway Capital Partners Considering Legal Action Against
Management and Board of Weight Watchers International, Inc.
MIAMI--(BUSINESS WIRE)--Galloway Capital
activistletters
Sherwood Group Urges Change at Barnwell (BRN), Citing Governance Failures, Financial Underperformance, and Capital Mismanagement
Summary
On May 19, 2025, the Sherwood Group, which owns ~29.9% of Barnwell Industries, issued a letter condemning the
