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Stock impact report

Alta Equipment Group Announces Board Observer

Alta Equipment Group Inc. Class A (ALTG) 
Company Research Source: GlobeNewswire
LIVONIA, Mich., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that it entered into a Cooperation Agreement with Mill Road Capital III, L.P. (“Mill Road”) allowing Mill Road to appoint a non-voting observer to its Board of Directors. Pursuant to a Board Observer Agreement dated January 21, 2026, Mill Road has appointed Deven Petito as its initial Board observer. Mr. Petito is a Management Committee Director of Mill Road Capital, a private investment firm focused on investing in and partnering with small publicly traded companies in the U.S. and Canada. Since its founding in 2004, the firm has executed its strategy of investing in small public companies and partnering with management teams and boards to unlock value through collaborative engagement. Before joining Mill Road in 2014, Mr. Petito Show less Read more
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