Snowball Research · Activism

Weekly Digest

First Industrial (FR): Land & Buildings Presses Board on Mispriced Portfolio, Urges Steps to Unlock 30% NAV Upside
December 3, 2025 · 1 min read
First Industrial Realty Trust (FR): Land & Buildings Pushes for Asset Sales, Capital Returns, and Strategic Alternatives to Close NAV Discount
December 3, 2025 · 1 min read
Neuphoria Therapeutics (NEUP): Lynx1 Challenges Board’s Strategic Review and Capital Decisions, Refiles Offer and Nominates Two Independent Directors
December 3, 2025 · 10 min read
Neuphoria Therapeutics (NEUP): Lynx1 Master Fund Slams Board Over Dilution, Governance Failures, and Launches Bid to Elect Independent Directors
December 3, 2025 · 9 min read
Noodles & Company (NASDAQ: NDLS) Urged by Galloway Capital to Pursue Asset Sales and Deleveraging Strategy
December 2, 2025 · 2 min read
Galloway Capital Pressures Noodles & Company (NDLS) to Sell Stores and Cut Debt in Activist Value Push
December 2, 2025 · 1 min read
UniFirst (UNF): Engine Capital Challenges Board Entrenchment and Calls for Sale Process Amid Years of Value Destruction
December 1, 2025 · 1 min read
Engine Capital Pressures UniFirst (UNF) on Governance Failures and Demands Strategic Review After Rejected Takeover Offers
December 1, 2025 · 1 min read
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
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