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Stock impact report

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 Show less Read more
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