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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| OneSpan Inc | NASDAQ:OSPN | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.16 | -1.46% | 10.79 | 10.00 | 11.34 | 11.10 | 10.72 | 11.08 | 182,183 | 23:05:31 |
From Apr 2019 to Apr 2024
CLEVELAND, Feb. 5, 2019 /PRNewswire/ -- Ancora Advisors, LLC ("Ancora") announced today that they have sent a letter to the Board of Directors of OneSpan Inc. (NASDAQ: OSPN). In the letter, Ancora states they believe the transition from hardware to software has obscured the real growth of the Company's software assets which has caused the market to severely undervalue OneSpan's software business. In light of the numerous risks associated with these types of business transitions, Ancora strongly urges the Board to immediately explore strategic alternatives for the entire Company and/or a sale of the Sign business, as either of those outcomes represent far better risk-adjusted options to maximize value for shareholders than OneSpan's current strategic plan.
Please click the following link to access the full letter: ANCORA LETTER TO ONESPAN BOARD OF DIRECTORS
Contact:
James Chadwick
216-825-4000
View original content:http://www.prnewswire.com/news-releases/ancora-advisors-urges-onespan-ospn-board-of-directors-to-explore-the-sale-of-the-company-300789857.html
SOURCE Ancora Advisors, LLC
Copyright 2019 PR Newswire
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