Veradace Partners Reminds Tiptree Shareholders to Vote AGAINST Management’s Self-Interested Sale of Fortegra
Tiptree Inc. (TIPT)
US:NASDAQ Investor Relations:
tiptreefinancial.com
Company Research
Source: Business Wire
Board Failed to Comprehensively Review All Available Options to Maximize Shareholder ValueNo Urgent Need to Accept an Inferior Transaction Because Fortegra Is Projected to Have Increased Capitalization Going ForwardTIPT Already Collapsed ~23% Since Deal Announcement – Limited Further Downside Risk from Rejecting This Value-Destructive SaleManagement’s History of Extracting Value from Tiptree Shareholders Persists with a Deal Structured to Continue Excessive Compensation While Shareholders Get Nothing DALLAS--(BUSINESS WIRE)--Veradace Partners L.P. (collectively with its affiliates, “Veradace” or “we”), a significant shareholder of Tiptree Inc. (Nasdaq: TIPT) (“Tiptree” or the “Company”), with beneficial ownership of 5.1% of the outstanding common stock, today issued the following letter to fellow TIPT shareholders regarding its opposition to the proposed sale (the “Proposed Sale”) of the Fortegra Group (“Fortegra”) to DB Insurance (“DB Insurance”).Veradace urges shareholders to vot
Show less
Read more
Impact Snapshot
Event Time:
TIPT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TIPT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TIPT alerts
High impacting Tiptree Inc. news events
Weekly update
A roundup of the hottest topics
TIPT
News
- Tiptree Announces Shareholder Approval of Proposed Merger of Fortegra and DB Insurance [Yahoo! Finance]Yahoo! Finance
- Tiptree Financial (NASDAQ:TIPT) was downgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "buy (b-)" rating to a "hold (c+)" rating.MarketBeat
- Tiptree Announces Shareholder Approval of Proposed Merger of Fortegra and DB InsuranceBusiness Wire
- Veradace Partners Reminds Tiptree Shareholders to Vote AGAINST Management's Self-Interested Sale of Fortegra [Yahoo! Finance]Yahoo! Finance
- Leading Proxy Advisory Firms Glass Lewis and Egan-Jones Recommend Tiptree Shareholders Vote AGAINST the Proposed Sale of Fortegra to DB InsuranceBusiness Wire
TIPT
Sec Filings
- 12/4/25 - Form 8-K
- 12/1/25 - Form PX14A6G
- 11/25/25 - Form DEFA14A
- TIPT's page on the SEC website