Findell Capital Advocates for Oportun Financial Shareholder Value
Findell Capital's Commitment to Oportun Financial
Findell Capital Partners, LP, one of the significant stockholders of Oportun Financial Corporation (NASDAQ: OPRT), has reaffirmed its dedication to fostering a constructive pathway in the current corporate landscape. The firm emphasizes the necessity of reaching a good faith settlement with Oportun to deliver benefits to all shareholders.
Advocacy for Compromise
In a recent statement, Findell Capital articulated that a collaborative approach could lead to enhanced corporate governance. They believe this strategy will facilitate value creation under the guidance of directors who possess significant lending experience.
Expertise on the Board
Findell Capital has expressed a strong belief that the company's goals can be achieved through the inclusion of Warren Wilcox on the Board of Directors. They highlight the value of having experienced individuals like Scott Parker, who plays a critical role as an experienced director and former CFO within the company.
Call to Action for the Board
Findell urges Oportun's Board to halt the expenditure of shareholder resources that are currently wasted on disputes with major stakeholders. The firm has expressed its readiness to engage in discussions that could lead to a more beneficial outcome for all shareholders.
Insight from Scott Parker
Scott Parker, a former independent director of Oportun, shares his willingness to continue serving on the Board. He believes that his extensive experience and knowledge of the industry can contribute to improving shareholder value through diligent board oversight.
Company Contact Information
For further inquiries, individuals may reach out to Findell Capital Management, LLC, located at 88 Pine Street, 22nd Floor, New York, NY 10005. You can also contact them via email at info@findell.us.
Additional Contact
Another point of contact is Saratoga Proxy Consulting LLC, represented by John Ferguson. He can be reached at info@saratogaproxy.com.
Frequently Asked Questions
What is Findell Capital's role with Oportun Financial?
Findell Capital is a significant stockholder in Oportun Financial, advocating for improved governance and shareholder value.
Why does Findell Capital want changes to the Board?
They believe that adding experienced individuals to the Board can enhance corporate governance and ultimately benefit shareholders.
What does Scott Parker contribute to Oportun?
Scott Parker brings valuable expertise as a former public company CFO and is recognized for his significant experience in consumer lending.
What actions is Findell Capital urging from Oportun's Board?
They are calling for the Board to cease unnecessary expenditures in conflicts with shareholders and to engage with them for a beneficial outcome.
How can shareholders contact Findell Capital?
Shareholders can reach out to Findell Capital via their email info@findell.us or through their address in New York.
About The Author
Contact Henry Turner privately here. Or send an email with ATTN: Henry Turner as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.