Xperi Director Who Served with Dissident Nominee Tom Lacey Encourages Xperi Stockholders to Vote for All of the Board’s Candidates at the 2024 Annual Meeting
Xperi Inc. (XPER)
Last xperi inc. earnings: 11/2 04:05 pm
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Source: Business Wire
Sends Letter to Stockholders Highlighting the Contributions of the Targeted Directors to the Company’s Transformation SAN JOSE, Calif.--(BUSINESS WIRE)--Xperi Inc. (NYSE: XPER) (the “Company” or “Xperi”), an entertainment technology company that invents, develops and delivers technologies that enable extraordinary experiences, today publicized a letter written by one of its directors who is not being targeted by activist stockholder Rubric Capital, Christopher Seams. Mr. Seams served on the board of one of Xperi’s predecessors while one of Rubric’s nominees, Thomas Lacey, was CEO of that predecessor company.In the letter, Mr. Seams expresses his support for the targeted directors, highlights their contributions to Xperi’s multi-year transformation and contrasts their expertise in software development, technology, audio-visual technologies and content monetization with Rubric’s nominees’ lack of experience in these critical areas.The full text of the letter follows:Dear Fellow Xperi
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XPER
News
- Xperi Issues Letter to Shareholders Highlighting Actions Taken to Position the Company to Create Long-Term Value [Yahoo! Finance]Yahoo! Finance
- Xperi Issues Letter to Shareholders Highlighting Actions Taken to Position the Company to Create Long-Term ValueBusiness Wire
- Rubric Capital Management Sends Letter Urging Xperi Inc. Stockholders to Reject the Status Quo of Value Destruction Under Current Board [Yahoo! Finance]Yahoo! Finance
- Rubric Capital Management Sends Letter Urging Xperi Inc. Stockholders to Reject the Status Quo of Value Destruction Under Current BoardBusiness Wire
- Leading Proxy Advisory Firm Glass Lewis Supports All Xperi Board Candidates [Yahoo! Finance]Yahoo! Finance
XPER
Earnings
- 5/8/24 - Beat
XPER
Sec Filings
- 5/17/24 - Form DEFA14A
- 5/16/24 - Form DFAN14A
- 5/15/24 - Form DEFA14A
- XPER's page on the SEC website