Stilwell Will Vote in Favor of Proposal to Sell IF Bancorp - UPDATE
21 10월 2024 - 10:33PM
Stilwell Activist Investments, L.P. (together with its affiliates,
“Stilwell”), one of the largest stockholders of IF Bancorp, Inc.
(“IROQ” or the “Company”) (NASDAQ: IROQ), today issued the
following statement in connection with the Company’s upcoming
annual meeting of stockholders scheduled to be held on November 25,
2024 (the “Annual Meeting”), at which stockholders will vote on a
number of matters, including Stilwell’s non-binding proposal
requesting a sale of the Company (the “Proposal”), submitted
pursuant to Rule 14a-8 of the Securities Exchange Act of 1934, as
amended:
IF Bancorp – Chronically
Disappointing.
Based on chronic underperformance and the
likelihood of continued underperformance, we intend to vote FOR the
Proposal, copied directly below, at the upcoming Annual
Meeting.
Proposal: RESOLVED, that the
stockholders of IF Bancorp, Inc. (the “Company” or “IROQ”) hereby
recommend that the Board of Directors take all necessary steps to
promptly effectuate a sale of the Company.
As set forth in our Supporting Statement
included in IROQ’s proxy statement filed with the Securities and
Exchange Commission on October 16, 2024, we believe that the
returns on the Company’s assets have been subpar for many years and
that IROQ stockholders would be best served if the Company and its
assets were sold at the earliest opportunity for the highest price
available.
Although our proposal is non-binding, we believe
it provides a referendum for IROQ stockholders to express their
views on the status quo and that it would be incumbent upon the
Board of Directors to seriously consider such views if a majority
of stockholders support this Proposal at the Annual Meeting.
Investor Contact:Megan Parisi(787)
985-2194mparisi@stilwellgroup.com
PLEASE NOTE: THIS IS
NOT A SOLICITATION OF AUTHORITY TO VOTE YOUR PROXY. DO NOT SEND US
YOUR PROXY CARD. STILWELL IS NOT ASKING FOR YOUR PROXY CARD AND
CANNOT AND WILL NOT ACCEPT PROXY CARDS IF SENT. STILWELL IS NOT
ABLE TO VOTE YOUR PROXY, NOR DOES THIS COMMUNICATION CONTEMPLATE
SUCH AN EVENT.
IF Bancorp (NASDAQ:IROQ)
과거 데이터 주식 차트
부터 1월(1) 2025 으로 2월(2) 2025
IF Bancorp (NASDAQ:IROQ)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025