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Activist Letters and Presentations

A curated feed of letters and presentations from activist investors.

activistletters

Ortelius Advisors, L.P. Sent Letter to the Stockholders of Brookdale Senior Living Inc.

* Summary Ortelius Advisors (1.3% holder) is nominating six directors to Brookdale Senior Living’s board, citing seven years of
Mar 5, 2025
activistletters

Ancora Sent Letter to the Board of Directors of U.S. Steel

Summary Ancora urges U.S. Steel to delay its 2025 annual meeting until after there’s clarity on the blocked
Feb 27, 2025
activistletters

Select Equity Group, L.P. Sent Letter To The Board Of Directors Of Signet Jewelers Ltd

Summary Select Equity Group (owns ~10% of Signet) is urging the board to explore a sale of the company due
Feb 27, 2025
activistletters

Vision One Fund, LP Issues Detailed Investor Presentation On Ingevity Corp

Summary Vision One Fund, LP filed a Schedule 14A on February 25, 2025, nominating four candidates to Ingevity Corp’s
Feb 25, 2025
activistletters

Letter from Edward S. Lampert to the Board of Directors of Lands' End, Inc.

Summary Edward Lampert, who owns ~55% of Lands’ End, urges the Board to pursue a sale of the company to
Feb 25, 2025
activistletters

BML Investment Partners, L.P. Sent Letter To The Board Of Directors Of Aadi Biosciences, Inc.

Board of Directors and Shareholders Aadi Biosciences, Inc. 17383 Sunset Boulevard Suite A250 Pacific Palisades, CA 90272 Dear Board Members
Feb 24, 2025
activistletters

Deep Track issued a public letter to its fellow DVAX shareholders.

Summary Deep Track Capital is nominating four directors to Dynavax’s board, criticizing the company’s acquisition strategy and governance.
Feb 19, 2025
activistletters

Ned Sherwood Sent A Letter To Shareholders Regarding Proposed Board Candidates

Summary Ned L. Sherwood nominated five directors for Barnwell Industries’ 2025 board, calling for a turnaround and criticizing current leadership
Feb 19, 2025
activistletters

Ancora Sent Letter to the Board of Directors of U.S. Steel

Summary Ancora is demanding access to U.S. Steel’s books and records to investigate potential misconduct. It alleges the
Feb 18, 2025
activistletters

Barington Capital Sent Letter to Matthews International Shareholders

Summary Barington Capital urges Matthews International shareholders to vote “FOR” all three of its board nominees (Amicarella, Galbato, Mitarotonda), citing
Feb 18, 2025
activistletters

Letter AGAINST the Proposed QTRX-AKYA Merger

Summary Kent Lake, a top 5 shareholder of Quanterix, opposes the proposed merger with Akoya Biosciences, calling it a value-destructive
Feb 13, 2025
activistletters

Barington Capital Sent Letter to Matthews International Shareholders

Summary Barington Capital urges Matthews International shareholders to vote the GOLD proxy card for its three board nominees, citing long-term
Feb 12, 2025
activistletters

Ancora Issues Letter to U.S. Steel’s Board of Directors Following Failed Attempts to Resurrect the Dead Nippon Transaction

Summary Ancora asserts that President Trump’s February 7th comments make it clear the sale of U.S. Steel to
Feb 10, 2025
activistletters

Gate City Capital Management, LLC Sent Proposal Letter To The Corporate Secretary And Board Of Directors Of Intrepid Potash, Inc.

Summary Gate City Capital, owning 5.97% of Intrepid Potash, has submitted a shareholder proposal for the 2025 annual meeting
Feb 10, 2025
activistletters

BML Investment Partners, L.P. Sent A Demand Letter To The Board Of Directors Of Aadi Biosciences, Inc.

Summary BML Investment Partners demands access to Aadi Bioscience’s records to investigate potential mismanagement and fiduciary breaches. They allege
Feb 4, 2025
activistletters

BML Capital Management, LLC Sent A Letter To The Board Of Directors Of Aadi Biosciences, Inc.

Summary BML Investment Partners (owns 9.9% of Aadi) criticized Aadi Biosciences' board for rejecting a full-company sale that
Jan 30, 2025
activistletters

Beaver Hollow Wellness, LLC sent a letter to the Board of Directors of Servotronics, Inc.

Summary Beaver Hollow Wellness, LLC has demanded an internal investigation at Servotronics, citing excessive executive and board compensation (over $3M)
Jan 30, 2025
activistletters

Facts Don’t Lie: Barington Capital Sends Letter to Matthews International Shareholders Debunking the Company’s False Narratives and Reinforcing its Case for Change

Summary Barington Capital is leading a proxy fight against Matthews International, criticizing 18 years of value destruction under CEO Joseph
Jan 30, 2025
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