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Bleichroeder L.P. Opposes Reelection of Gary Kremen to Identiv, Inc. (INVE) Board
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Bleichroeder L.P. Opposes Reelection of Gary Kremen to Identiv, Inc. (INVE) Board

May 23, 2024
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Snowball Research
Snowball Research
Bleichroeder L.P. Opposes Reelection of Gary Kremen to Identiv, Inc. (INVE) Board
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Key Summary: On April 28, 2023, Bleichroeder (12.5%) discussed with the board chairman the need for a strategic review of the company's divisions, a move later confirmed by the company's May 4, 2023 earnings call. On May 22, 2024, with increased ownership at 19.9%, Bleichroeder backed the sale of certain operations to Hawk Acquisition, Inc., but opposed…

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