Roumell in the present day additionally issued a letter to shareholders in help of its two nominees and its proposals included in its definitive proxy assertion. Notably, Roumell has put forth two nominees and introduced a pair of proposals to reconstitute the Enzo board by electing Roumell’s two extremely certified and unbiased nominees: Matthew M. Loar and Edward Terino. Roumell believes that the director nominees nominated by Roumell will, if elected, make the most of their deep trade data and prior expertise on public firm boards to the good thing about shareholders, and can present new goal and unbiased views to the Firm’s board of administrators (the “Board”).
Roumell urges all shareholders to vote the GREEN proxy card “FOR” each of its nominees, in addition to for its two enterprise proposals. If Enzo shareholders have voted the corporate’s white proxy, a later-dated GREEN proxy will revoke that vote.
Since time could also be brief earlier than the Annual Assembly, Roumell urges shareholders to vote by web or phone. Though the Firm has remained steadfast in its resolution to maintain the date of the Annual Assembly as January 4, 2020, Roumell hopes that the Board realizes that it could be in shareholders’ greatest curiosity to postpone the Annual Assembly till a later date that may enable shareholders to kind their very own opinions concerning the contested nature of the assembly.
Roumell believes that no hurt or damage to the Firm or shareholders would happen if the Firm delayed the date of the Annual Assembly, and the choice to take action would sign the Firm’s curiosity in and help for shareholder democracy. Within the various, Roumell believes that if the Firm decides to refuse to delay the Annual Assembly, such a call would sign an animosity for shareholders’ curiosity and antipathy for shareholder democracy.
Roumell seeks to take away from the Board Enzo’s long-standing Chairman & CEO, Dr. Elazar Rabbani, who Roumell believes has overseen many years of worth destruction, whereas being paid egregious compensation.
Roumell’s letter to shareholders, in addition to its definitive proxy assertion may be discovered at www.saratogaproxy.com/Roumell
Ought to you will have any questions or want help with voting, please contact Saratoga Proxy Consulting LLC at (888) 368-0379 or (212) 257-1311 or by e mail at [email protected].
SOURCE Roumell Asset Administration, LLC