Not independent
Tenure on this board
0.8 yrs
Also a director at
Bridger Aerospace Group Holdings Inc (BAER)
12 nominees · 2 ballot items.
Two proposals: (1) CN Nasdaq 20% Cap Removal Proposal; (2) Adjournment of the Special Meeting to Solicit Additional Proxies.
Eliminate the Exchange Cap on conversion of the New Convertible Notes to permit issuance of shares exceeding 20% of the Company’s outstanding common stock in connection with conversions; stockholder approval required under Nasdaq Listing Rules; board recommends voting FOR.
Adjourn the Special Meeting to a later date to solicit additional proxies if there are insufficient votes to approve Proposal 1; the board recommends FOR the adjournment to maximize the likelihood of obtaining sufficient votes.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | Electric Capital Partners, LLC | 9.46% | 1,375,956 | $4M |
| 2 | Hunting Hill Global Capital, LLC | 5.86% | 852,111 | $2M |
| 3 | Stokes Family Office, LLC | 5.28% | 767,800 | $2M |
| 4 | Woodline Partners LP | 3.70% | 538,053 | $2M |
| 5 | WOLVERINE ASSET MANAGEMENT LLC | 3.57% | 519,294 | $2M |
| 6 | Saba Capital Management, L.P. | 3.31% | 480,709 | $1M |
| 7 | CITADEL ADVISORS LLC | 1.91% | 277,475 | $802K |
| 8 | DRW Securities, LLC | 1.86% | 270,733 | $782K |
| 9 | BlackRock, Inc. | 1.74% | 252,424 | $730K |
| 10 | UBS Group AG | 1.30% | 189,175 | $547K |
The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.
This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.
None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.
No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.