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

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…