Largest Independent Shareholder of Neuronetics, Inc., Jorey Chernett, Calls for Immediate and Comprehensive Review of Strategic Alternatives, Including Sale of TMS Business [TheStreet.com]
Neuronetics, Inc. (STIM)
Last neuronetics, inc. earnings: 3/3 06:00 am
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Source: TheStreet.com
Delivers Letter to STIM Board Outlining Potential 5-7x Upside for Shareholders Inherent in Sale of TMS and Standalone Clinic Business BLOOMFIELD HILLS, Mich. April 6, 2026 /PRNewswire/ -- Jorey Chernett, the largest independent shareholder of Neuronetics, Inc. (NASDAQ: STIM) (the "Company" or "Neuronetics") owning approximately 14.12% of outstanding shares, today delivered a letter to the STIM Board of Directors (the "Board") calling for the immediate initiation of a comprehensive review of strategic alternatives, including the potential sale of the Company's TMS business. The letter outlines the substantial value that could be delivered to shareholders if a sale of the TMS business were to be executed and the clinic business was to operate on a standalone basis. Specifically: STIM has two compelling, high-quality assets with large and expanding TAMs, market-leading positions, accelerating adoption, and meaningful industry tailwinds. Despite these attractive businesses, the a
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News
- Neuronetics Comments on Letter from Pointillist Family OfficeGlobeNewswire
- Largest Independent Shareholder of Neuronetics, Inc., Jorey Chernett, Calls for Immediate and Comprehensive Review of Strategic Alternatives, Including Sale of TMS Business [Yahoo! Finance]Yahoo! Finance
- Neuronetics Announces Chief Financial Officer Transition [Yahoo! Finance]Yahoo! Finance
- Neuronetics Announces Chief Financial Officer TransitionGlobeNewswire
- Largest Independent Shareholder of Neuronetics, Inc., Jorey Chernett, Calls for Immediate and Comprehensive Review of Strategic Alternatives, Including Sale of TMS BusinessPR Newswire
STIM
Earnings
- 3/17/26 - Beat
STIM
Analyst Actions
- 3/19/26 - Canaccord Genuity
STIM
Sec Filings
- 4/9/26 - Form DEFA14A
- 4/9/26 - Form DEF
- 4/8/26 - Form SCHEDULE
- STIM's page on the SEC website