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Stock impact report

Stilwell Will Vote in Favor of Proposal to Sell IF Bancorp - UPDATE

IF Bancorp, Inc. (IROQ) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1032002
Company Research Source: GlobeNewswire
NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Stilwell Activist Investments, L.P. (together with its affiliates, “Stilwell”), one of the largest stockholders of IF Bancorp, Inc. (“IROQ” or the “Company”) (NASDAQ: IROQ), today issued the following statement in connection with the Company’s upcoming annual meeting of stockholders scheduled to be held on November 25, 2024 (the “Annual Meeting”), at which stockholders will vote on a number of matters, including Stilwell’s non-binding proposal requesting a sale of the Company (the “Proposal”), submitted pursuant to Rule 14a-8 of the Securities Exchange Act of 1934, as amended: IF Bancorp – Chronically Disappointing. Based on chronic underperformance and the likelihood of continued underperformance, we intend to vote FOR the Proposal, copied directly below, at the upcoming Annual Meeting. Proposal: RESOLVED, that the stockholders of IF Bancorp, Inc. (the “Company” or “IROQ”) hereby recommend that the Board of Directors take all necessary Show less Read more
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