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 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.
Daily SPAC Update – January 12, 2026
Ribbon Acquisition Extension Approved to 2027. Everest Consolidator and Clean Energy Special Situations Set Extension Votes. Crane Harbor II Separate Trading.
Daily SPAC Update – January 9, 2026
Lafayette Digital I $250 million IPO. Broad Capital and Ribbon Acquisition Extension Votes. Crane Harbor II and Twelve Seas III Separate Trading.
Daily SPAC Update – January 8, 2026
Gundlach’s Bleichroeder Acquisition II $250M SPAC IPO. Cartica Deal with Nidar Infrastructure Terminated and Expects to Liquidate. Twelve Seas Investment Separate Trading.
Daily SPAC Update – January 7, 2026
Soren Acquisition IPO Makes it 3 Already in January. Compass Digital Announced Deal with Key Mining. Welsbach Technology DeSPACs to Evolution Metals.
Daily SPAC Update – January 6, 2026
Lawrence Ho Brings Black Spade III to the Market while Daniel Cohen Launches $220M SPAC. Wellsbach and Metal Sky Extensions Approved. Blueport and Allusa Energy Separate Trading.
Daily SPAC Update – January 5, 2026
Welsbach Technology Metals, Metal Sky Star, and SLAM Extensions Confirmed. PHP Ventures and Columbus Acquisition Set Extension Votes.