Perion Network LTD Schedule 13D activist filings
Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.
NASDAQ
Activist investor Value Base has ceased its active campaign against Perion Network Ltd., welcoming the removal of the company's rights plan but reiterating significant concerns regarding its capital structure, acquisition strategy transparency, and executive compensation.
NASDAQ
Phoenix Financial Ltd., holding a 5.72% stake in Perion Network Ltd., has formally requested an extraordinary shareholder meeting to amend the company's articles of association and cancel a recently adopted rights plan.
NASDAQ
SCHEDULE: Major Shareholders Demand Extraordinary Meeting to Challenge Perion Network's 'Poison Pill' Defense
Two significant shareholders, Phoenix Insurance Company Ltd. and Value Base Fund Limited Partnership, collectively holding 11.48% of Perion Network Ltd., have formally demanded an extraordinary shareholders meeting to cancel the company's recently adopted rights plan and amend its Articles of Association to require shareholder approval for future such plans.
NASDAQ
SCHEDULE 13D: Value Base LP Challenges Perion Network's 'Poison Pill' Defense, Demands Shareholder Vote
Value Base LP, a significant shareholder in Perion Network Ltd., has filed a Schedule 13D to formally oppose the company's recently adopted 'Poison Pill' mechanism, citing shareholder harm and governance concerns.