Whetstone Capital will likely get its two board seats and strategic changes, but longer-term shareholders likely won’t recoup their losses.
Insight that Drives the Boardroom
Stay ahead with data-backed research, governance analysis, and expert commentary for investors, activists, and corporate leaders.
Activism & Governance
Can Lemonis Save Beyond and Camping World?
Marcus Lemonis already had his hands full at Camping World (CWH). Does he have the capacity, board, and leadership teams necessary to save Beyond, Inc. too?
Boardroom Alpha Weekly – March 7, 2025
Kenvue and Starboard Settle. Landsea pushed by Mill Road Capital. Elliott files preliminary contested proxy. Latest CEO/CFO moves. Helmerich & Payne directors not feeling the pain?
loanDepot and Anthony Hsieh Expand Cooperation Agreement Amid CEO Transition
loanDepot (LDI) founder Anthony Hsieh asserts himself with an extended cooperation agreement — Hsieh becomes Executive Chair, Frank Martell gone as CEO, and Board restructuring.
Starboard Ends Proxy Fight at Kenvue Following Cooperation Agreement
Starboard and Kenvue end their proxy fight with an agreement to add three new directors, including Starboard’s Jeffrey C Smith.
Mill Road Capital Pushes for Change at Landsea Homes – Nominates Three Directors
Mill Road Capital nominates three directors to the board of Landsea Homes (LSEA) as proxy fight kicks off. All three directors are tied to Mill Road and prior activism.
Starbucks Appoints New CFO as Niccol Puts His Stamp on Management
New CEO Brian Niccol is putting his stamp on top management as Starbucks announces Cathy R. Smith joins as CFO from Nordrstrom.
Elliott Management Takes Aim at Phillips 66 Board with Director Nominations and Governance Proposal
Elliott files its preliminary proxy for its contest with Phillips 66 (NYSE: PSX) and nominates seven directors and pushes to declassify the board.
Activists Take Aim at Portillo’s and Quanterix in New Proxy Battles
Engaged Capital and Kent Lake launch activist proxy fights at Portillo’s and Quanterix, pushing for board changes to unlock shareholder value.
Daktronics (DAKT) and Alta Fox Resolve Reincorporation Dispute
Daktronics (DAKT) adds Bucks President Peter Feigin to the board as Alta Fox agrees to support reincorporation.
SPAC & IPO Analysis
Daily SPAC Update – January 28, 2026
Kraken and Tribe Capital IPO KrakAcquisition Corp and Space Asset Acquisition Debuts for $200 Million. AA Mission Extension Vote. Churchill Capital IX Delays Deal Vote.
Daily SPAC Update – January 27, 2026
2 New SPAC IPOs. Keen Vision Extension Approved. Constellation Acquisition Extension Vote Today. Black Spade II and Hall Chadwick Separate Trading.
Daily SPAC Update – January 26, 2026
Lake Superior + Openmarkets Group Announced Crypto SPAC Deal. PHP Ventures Extension Approved. Churchill Capital Sets Deal Vote Date.
Daily SPAC Update – January 23, 2026
5 SPAC IPOs Show SPACs Are Back. Israel Acquisition Extension Approved. Safeguard and Leapfrog Start Separate Trading.
Daily SPAC Update – January 22, 2026
Aldabra 4 Liquidity Opportunity Vehicle Upsized $261 Million IPO. EGH Acquisition Corp + Hecate Energy Group Deal Announced. Keen Vision Extension Vote. Trailblazer Deal Vote Set.
Daily SPAC Update – January 21, 2026
X3 Acquisition Corp IPO. Broad Capital Acquisition and Columbus Acquisition Extensions Approved. Future Vision II Announces MicroTouch Technology Deal. Inception Growth Sets Extension Vote.
Daily SPAC Update – January 16, 2026
Infinite Eagle and FG Imperii SPAC IPOs Make it 8 New SPACs for $2 Billion in New SPAC Issuance in 2026. Columbus and Israel Extension Votes.
Daily SPAC Update – January 15, 2026
New SPAC Deal Decks for Digital Asset + Old Glory and Haymaker 4 + Suncrete
Daily SPAC Update – January 14, 2026
OneIM $250 Million SPAC IPO. New Deals Announced for Digital Asset Acquisition Corp + Old Glory Holding Co and D Boral Arc Acquisition I Corp + Exascale Labs Inc.
Daily SPAC Update – January 13, 2026
D. Boral ARC + Exascale Labs Deal. AA Mission Sets Extension Vote Date. Ribbon Updates on Redemptions at Extension Vote.