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Stock impact report

NovaBay CEO Letter to Stockholders Urges a FOR Vote at Upcoming Reconvened Special Meeting [Yahoo! Finance]

NovaBay Pharmaceuticals, Inc. (NBY) 
NASDAQ:AMEX Investor Relations: novabay.com/investors
Company Research Source: Yahoo! Finance
EMERYVILLE, Calif., December 09, 2024 BUSINESS WIRE )--NovaBay ® Pharmaceuticals, Inc. (NYSE American: NBY) ("NovaBay" or the "Company") announces that Chief Executive Officer Justin Hall has issued the following Letter to Stockholders: To My Fellow Stockholders, You have the opportunity to approve a transaction that I fully support and that our Board of Directors unanimously believes is in your best interest. Through the proposed sale of NovaBay's eyecare business and Avenova ® brand to PRN Physician Recommended Nutriceuticals , LLC ("PRN"), NovaBay will be able to monetize the value of an asset that has been built over the past decade. Following a comprehensive evaluation of the proposed transaction, with assistance from independent financial and legal advisors, our Board unanimously recommended that stockholders approve two proposals at the Special Meeting. The first provides for the sale of our Avenova eyecare business to PRN and the second proposal provides for the propose Show less Read more
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