Novavax top investor calls for removal of three company directors [Seeking Alpha]
Novavax, Inc. (NVAX)
Last novavax, inc. earnings: 3/11 04:17 pm
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US:NASDAQ Investor Relations:
ir.novavax.com/investor-relations
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Source: Seeking Alpha
The Raleigh, NC-based hedge fund called for shareholder support to oust Richard Douglas, Margaret McGlynn, and David Mott, three NVAX directors set for reelection at the company's 2024 annual shareholder meeting, scheduled for June 13. Shah Capital, the biotech's third-largest shareholder with about 7.5% ownership stake, launched its boardroom battle against NVAX in April, nominating two independent director candidates, a move it said was necessary to improve business performance and boost the stock price. The firm appears to have missed a deadline to submit its nominations, as Novavax ( NVAX ) disclosed last week that the company didn't receive any valid nominations from investors. However, in a release on Monday, Shah Capital reiterated its concerns over the company's management. "We believe that fresh perspectives are desperately needed in the boardroom to steer Novavax towards sustainable, profitable growth." Recommended For You More Trending News About NVAX Stock R
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News
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- Up 3x In A Week Will Novavax Stock Continue To See Higher Levels? [Forbes]Forbes
- Could Novavax Become the Next Moderna? [Yahoo! Finance]Yahoo! Finance
- Biotech Stock Roundup: NVAX, FULC Up on Deals With SNY, Updates From MRNA, BMY [Yahoo! Finance]Yahoo! Finance
- Levi & Korsinsky, LLP Notifies Shareholders of Novavax, Inc. (NVAX) an Upcoming Claims Deadline in a Class Action SettlementAccesswire
NVAX
Earnings
- 2/28/24 - Miss
NVAX
Analyst Actions
- 5/13/24 - HC Wainwright
NVAX
Sec Filings
- 5/15/24 - Form 4
- 5/14/24 - Form 144
- 5/13/24 - Form DFAN14A
- NVAX's page on the SEC website