Bradley L. Radoff Reiterates Call for GSE Systems’ Board Chair Kathryn O’Connor Gardner to Disclose 2025 Projections
GSE Systems, Inc. (GVP)
NASDAQ:AMEX Investor Relations:
gses.com/investors
Company Research
Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Bradley L. Radoff, who collectively with his affiliates owns approximately 9.9% of the outstanding shares of GSE Systems, Inc. (NASDAQ: GVP) (“GSE” or the “Company”), today issued the below follow-up letter to the Chair of the Company’s Board of Directors (the “Board”), Kathryn O’Connor Gardner, in response to the Company’s filing of an amended merger agreement with Pelican Energy Partners (“Pelican”).Mr. Radoff previously announced his opposition to the Company’s proposed take-private merger with Pelican and has repeatedly demanded the Board and Ms. Gardner release normal course forward-looking projections so shareholders can fairly evaluate the Pelican transaction.***GSE Systems, Inc.6940 Columbia Gateway Drive, Suite 470Columbia, MD 21046Attention: Kathryn O’Connor Gardner, Chair of the Board of DirectorsOctober 21, 2024Dear Ms. Gardner,As recently as last week, GSE’s Board told shareholders that $4.10 per share was a great outcome without providing it
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GVP
News
- GSE Solutions and Pelican Energy Partners Announce Closing of MergerPR Newswire
- Stockholders Approve GSE Solutions Merger with Pelican Energy PartnersPR Newswire
- Glass Lewis Recommends Shareholders VOTE FOR the GSE MergerPR Newswire
- GSE Solutions Encourages Stockholders to VOTE FOR the AMENDED MergerPR Newswire
- GSE Solutions and Pelican Energy Partners Announce Amendment to Merger Agreement Providing for Increase in Merger Consideration to $4.60 Per SharePR Newswire
GVP
Sec Filings
- 11/1/24 - Form 25-NSE
- 11/1/24 - Form 8-K
- 10/29/24 - Form 8-K
- GVP's page on the SEC website