Voce Capital Comments on OnDeck’s Proxy Presentation
ON DECK CAPITAL INC (ONDK)
Last on deck capital inc earnings: 4/30 07:00 am
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US:NYSE Investor Relations:
investors.ondeck.com/investor-overview/overview/default.aspx
Company Research
Source: Business Wire
OnDeck Has Made Clear it Will Double Down on the Status Quo and Make No Meaningful Changes to its Strategy, Expense Structure or Corporate Governance Despite Losing More Than 90 Percent of Stockholder Value Since IPO, OnDeck’s Board and Management Are Asking Investors to Simply “Trust Us” Once Again The Three Board Leaders Most Responsible for the Company’s Failures Are Currently Up for Reelection and Would Be Protected Until 2023 Under Company’s Proposed De-Stagger Plan Dissatisfied Stockholders Can Send a Message by Voting AGAINST All Three Directors at Annual Meeting on May 7, 2020 SAN FRANCISCO--(BUSINESS WIRE)--Voce Capital Management LLC (“Voce”) is the beneficial owner of more than 1.3 million shares of OnDeck Capital, Inc. (NYSE: ONDK) (“OnDeck” or the “Company”), making Voce one of the Company’s largest stockholders. Today, Voce issued the following statement in response to the filing of OnDeck’s “Proxy Investor Presentation” on April 22, 2020 (the “Proxy Presentation”):A
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