22NW Fund reaches cooperation agreement with Culp Inc (CULP)

Key Summary: On April 12, 2024, 22NW Fund announced its intention to discuss enhancing shareholder value and improving corporate governance with the management and Board, including potential Board changes. On June 17, 2024, 22NW Fund entered into a cooperation agreement with the company and pursuant to it, it secured one Board seat.

Market Cap: $54 milli…