Concerned Stockholder Urges SmartRent Leadership to Address Strategy, Communication, and Governance Matters [Yahoo! Finance]
SmartRent, Inc. Class A (SMRT)
US:NASDAQ Investor Relations:
ir.steinmart.com/investor-relations
Company Research
Source: Yahoo! Finance
Managers to Scout Fund I, LP, which is a beneficial stockholder of SmartRent, Inc. (NYSE: SMRT) ("SmartRent" or the "Company"), issued the following open letter to the SmartRent Board of Directors (the "Board"), Mr. Lucas Haldeman (Chairman & CEO) and all shareholders: Dear Members of the Board, Mr. Haldeman, and SmartRent shareholders, Since merging with Fifth Wall Acquisition Corp. I (FWAA), SmartRent's shares have plunged more than 70% . We believe this alarming decline reflects investor disappointment , confusion, and skepticism. We are troubled by management's downplay of new unit deployments, and their insufficient efforts to address valid concerns, whether due to poor communication or deliberately avoiding discussion of worrying trends. Though we engaged with management privately on multiple occasions, our line of questioning about corporate governance prompted a swift referral to external counsel. Management ignored our repeated requests for a phone call to discuss these m
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SMRT
News
- SmartRent: An Activist Emerges [Seeking Alpha]Seeking Alpha
- SmartRent, Inc. (NYSE: SMRT) had its "buy" rating re-affirmed by analysts at DA Davidson. They now have a $3.25 price target on the stock.MarketBeat
- Land & Buildings Sends Letter to SmartRent's Board of Directors Outlining the Need to Explore Strategic Alternatives [Yahoo! Finance]Yahoo! Finance
- Land & Buildings Sends Letter to SmartRent’s Board of Directors Outlining the Need to Explore Strategic AlternativesBusiness Wire
- SmartRent, Inc. (NYSE:SMRT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
SMRT
Earnings
- 5/8/24 - Miss
SMRT
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- SMRT's page on the SEC website