Rubric Capital Management Sends Letter Urging Xperi Inc. Stockholders to Reject the Status Quo of Value Destruction Under Current Board [Yahoo! Finance]
Xperi Inc. (XPER)
Last xperi inc. earnings: 11/2 04:05 pm
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Source: Yahoo! Finance
Presents a Clear and Actionable Plan to Create Meaningful Value Urges Stockholders to Vote FOR Rubric's Nominees Thomas A. Lacey and Deborah S. Conrad on the WHITE Proxy Card NEW YORK, May 16, 2024 BUSINESS WIRE )--Rubric Capital Management LP ("Rubric"), an investment advisor whose managed funds and accounts collectively own approximately 9.0% of the outstanding shares of common stock of Xperi Inc. (NYSE: XPER) ("Xperi" or the "Company"), today sent a letter to Xperi stockholders urging them to reject the status quo of value destruction under the current Board of Directors by replacing incumbent directors David Habiger and Darcy Antonellis with Rubric's nominees, Thomas A. Lacey and Deborah S. Conrad, at Xperi's Annual Meeting of Stockholders, which is scheduled to be held on May 24, 2024. In its letter, Rubric also outlined a plan to restore and rebuild stockholder value at Xperi, inclusive of the following, readily accessible initiatives, which Rubric's nominees are prepared
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XPER
News
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XPER
Earnings
- 8/5/24 - Beat
XPER
Sec Filings
- 10/3/24 - Form 8-K
- 9/12/24 - Form 4
- 9/3/24 - Form 4
- XPER's page on the SEC website