Legion Partners remains committed to unlocking potential at OneSpan (OSPN)
Key Summary: On August 14, 2023, Legion Partners Asset Management (8.7%) sent a letter to the Board criticizing the company's shift from growth to cash flow optimization and recommending targeting 30%+ Adjusted EBITDA Margins by 2024, increasing capital returns to $50+ million, and exploring a sale. They estimated OneSpan's potential 2024 valuation at $…