Snowball Research · Activism

Weekly Digest

Engine Capital Pressures UniFirst (UNF) Board on Dual-Class Control, Value Destruction, and Rejection of Takeover Interest
December 1, 2025 · 6 min read
UniFirst Corporation (UNF): Engine Capital Slams Governance Failures and Urges Immediate Strategic Review, Including a Potential Sale
December 1, 2025 · 5 min read
Lynx1 Capital Challenges Neuphoria Therapeutics (NEUP) Board Over Entrenchment, Strategic Review Flaws, and Value Destruction
November 26, 2025 · 1 min read
Neuphoria Therapeutics (NEUP): Lynx1 Capital Pushes Board Shake-Up After Dilution, Missteps, and Failed Phase 3 Trial
November 26, 2025 · 1 min read
Carronade Capital Escalates Campaign at Cannae Holdings (CNNE), Citing NAV Declines, Related-Party Deals, and Failed Oversight
November 24, 2025 · 1 min read
Cannae Holdings (CNNE): Carronade Capital Demands Board Overhaul Amid Value Destruction and Conflicted Governance
November 24, 2025 · 1 min read
Orion Properties (ONL): The Kawa Fund (Kawa Capital) files slate of nominees, targets board overhaul and strategic change.
November 18, 2025 · 1 min read
Orion Properties (ONL): The Kawa Fund nominates five directors in advance notice, launching proxy push.
November 18, 2025 · 1 min read
Neuphoria Therapeutics (NEUP): Lynx1 nominates Doberstein & Smith, demands record-date reset and independent directors.
November 18, 2025 · 4 min read
Neuphoria Therapeutics (NEUP): Lynx1 withdraws $5.20 bid, blasts dilutive ATM issuances.
November 18, 2025 · 4 min read
Tiptree Inc. (TIPT): Veradace Partners LP uses investor presentation to question board oversight and push for strategic change
November 17, 2025 · 1 min read
Tiptree Inc. (TIPT): Veradace Partners LP challenges strategy in new presentation, pressing for governance and capital allocation improvements
November 17, 2025 · 1 min read
Silver Star Properties (SLVS): Hartman urges immediate board resignations, warns of pledged assets and liquidity risk
November 17, 2025 · 2 min read
Silver Star Properties (SLVS): Hartman Shareholder Alliance accuses board of “value destruction” after court denies meeting delay
November 17, 2025 · 2 min read
Matthews International (MATW) Faces Renewed Activist Push as Barington Capital Seeks Board Changes and Strategic Overhaul
November 17, 2025 · 4 min read
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