Rubric Capital Management Issues Open Letter to Xperi Inc. Stockholders in Response to Company’s Highly Misleading Investor Presentation
Xperi Inc. (XPER)
Last xperi inc. earnings: 11/2 04:05 pm
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US:NASDAQ Investor Relations:
investor.xperi.com
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Source: Business Wire
Corrects the Record on Xperi’s Myriad Falsehoods and ManipulationsUrges Stockholders to Vote FOR Rubric’s Nominees Thomas A. Lacey and Deborah S. Conrad on the WHITE Proxy Card NEW YORK--(BUSINESS WIRE)--Rubric Capital Management LP (“Rubric”), an investment advisor whose managed funds and accounts collectively own approximately 9.0% of the outstanding shares of common stock of Xperi Inc. (NYSE: XPER) (“Xperi” or the “Company”), today issued an open letter to Xperi’s stockholders in response to an investor presentation released by the Company in connection with its 2024 Annual Meeting of Stockholders.The full text of the letter follows:Dear Fellow Xperi Stockholders,Upon reading the investor presentation issued by Xperi on April 30, 2024, we were struck by one, overriding thought: “What contempt this Board must have for its own stockholders.”While we are not interested in being dragged into a tit-for-tat rebuttal of the myriad issues with Xperi’s presentation, we felt it was import
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XPER
News
- Leading Proxy Advisory Firm Glass Lewis Supports All Xperi Board Candidates [Yahoo! Finance]Yahoo! Finance
- Leading Proxy Advisory Firm Glass Lewis Supports All Xperi Board CandidatesBusiness Wire
- Leading Independent Proxy Advisory Firm ISS Recommends Xperi Stockholders Vote "FOR" All Company Nominees on the BLUE Proxy Card [Yahoo! Finance]Yahoo! Finance
- Leading Independent Proxy Advisory Firm ISS Recommends Xperi Stockholders Vote “FOR” All Company Nominees on the BLUE Proxy CardBusiness Wire
- Xperi Inc. (NASDAQ: XPER) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
XPER
Earnings
- 5/8/24 - Beat
XPER
Sec Filings
- 5/15/24 - Form DEFA14A
- 5/13/24 - Form DEFA14A
- 5/9/24 - Form 10-Q
- XPER's page on the SEC website