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Stock impact report

Largest Independent Shareholder of Neuronetics, Inc., Jorey Chernett, Calls for Immediate and Comprehensive Review of Strategic Alternatives, Including Sale of TMS Business [Yahoo! Finance...

Neuronetics, Inc. (STIM) 
Last neuronetics, inc. earnings: 3/3 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
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. Letter to Neuronetics Board of Directors 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 anticipated synergies of combining TMS and Greenbrook have not materialized, and the premise o Show less Read more
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