Tue 4/7/2020 06:39 ET
DJIA22679.991753.167.73%TELCO164.838.745.30%GOLD1702.208.340.49%Shanghai2820.7657.832.05%
S&P 5002663.68187.267.03%BANKS303.0424.498.08%OIL26.840.762.83%BITCOIN7398.42114.681.55%
NASDAQ7913.24580.047.33%PHARM576.9523.544.08%US/EU1.090.000.01%Futures2736.3891.943.36%
Welcome Stranger!  Please sign up or log in to enable additional features.Sign Up | Mail | Log In
Forum - Inotek Pharmaceuticals - ITEK   

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search | Add ITEK
  
From: theMagician (Rep: 6314)Date: 08/31/2017 14:24
Forum: Inotek Pharmaceuticals - Msg #21Thread #673949702 (Rec: 2)
Vasuda Capital Management send demand letter to Inotek Pharmaceuticals Board

Vasuda Capital Management (VCM), a Boston-area based investment management firm has sent a demand letter for inspection of books and records of Inotek Pharmaceuticals' Board of Directors (NASDAQ; ITEK) under Section 20 of the Delaware General Corporation Law.

Specifically, the firm is requesting the following documents:

- All written or electronic documents or other records pertaining to Inotek's communications with Perella Weinberg Partners whom Inotek has hired as a financial advisor for assistance in exploring strategic alternatives.

- All written or electronic documents or other records pertaining to Inotek's management's and Board's meetings regarding strategic alternatives for Inotek.

- The most recent complete record or list of the stockholders of record of Inotek, certified by its transfer agent, showing the name and address of each stockholder and the number of shares of stock registered in the name of each stockholder.


VCM has formed a shareholder group holding more than 2.3% of Inotek shares who are in the favor of liquidating Inotek or its sale to maximize shareholder value and has launched an activist investor campaign targeting Inotek.



SENT from my TIN CAN WITH A STRING

50% off LION.COM SPECIAL

http://www.buysellshort.net/50-off-new-years-sale

FOLLOW US on TWITTER - http://twitter.com/#!/buysellshort

 

What would you like to do? Message: Endorse | Bookmark | Report AbuseUser theMagician: Reward | Watch | IgnoreITEK: Ignore

Msg Top | Msg List | < Prev | Next > | Post New | Reply | Privately | Search | Add ITEK
  

TheLion.com | About Us | Agreement & Disclaimer | Privacy | Twitter
© 1999- TheLion.com, Inc.