NexPoint Asset Management sends open letter to the board of Paratek Pharmaceuticals (PRTK) regarding upcoming annual meeting and proposed acquisition by Gurnet Point Capital

Jul 18, 2024

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Key Summary: On March 30, 2023, NexPoint Real Estate Opportunities (11.7%) discussed with management the pursuit of strategic alternatives and sought a board seat. On June 27, 2023, NexPoint (12%) announced its intention to withhold votes against all three Board members at the AGM, criticizing the Board's oversight and planning to scrutinize the propose…

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Snowball Research

NexPoint Asset Management sends open letter to the board of Paratek Pharmaceuticals (PRTK) regarding upcoming annual meeting and proposed acquisition by Gurnet Point Capital

This post is for paid subscribers