ACCESS Newswire
29 May 2020, 01:19 GMT+10
Requests Gain Capital's Board change its recommendation
RIVERSIDE, CT / ACCESSWIRE / May 28, 2020 / Neustrada Capital LLC owns approximately 1% of Gain Capital Holdings, Inc and supports JB Capital's proposal outlined in its Form 13D dated May 27, 2020.
Neustrada Capital noted in a letter sent to the Board on May 25, 2020 (attached) that it did not support the transaction for these reasons:
Further, Neustrada noted that the Board's own actions suggest the price is too low. Specifically:
Contact: Gerald Catenacci [email protected]
Related Files
GCAP 20200528 Letter to Board
SOURCE: Neustrada Capital LLC
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