In a recent SEC filing, Legion Partners Asset Management, LLC disclosed an amended statement of beneficial ownership (SC 13D/A). The filing indicates a change in the number of shares owned by the investment management firm in a particular company. SC 13D/A filings are required by the Securities and Exchange Commission when a shareholder acquires more than 5% of a company’s stock, providing transparency about significant ownership stakes.
Legion Partners Asset Management, LLC is an activist investment firm known for targeting underperforming companies and advocating for changes to improve shareholder value. With a focus on small-cap companies, Legion Partners engages in constructive activism to drive operational and strategic enhancements. The firm’s proactive approach often involves collaborating with management teams and boards to implement positive changes for the benefit of all stakeholders. For more information about Legion Partners Asset Management, LLC, visit their website here.
Overall, the SC 13D/A filing by Legion Partners Asset Management, LLC signifies a notable shift in ownership and highlights the firm’s active involvement in driving change within the companies in which it invests. As investors and market participants review these filings, they gain insights into the strategies and intentions of activist shareholders like Legion Partners, shaping the landscape of corporate governance and shareholder activism.
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Legion Partners Asset Management, LLC Files SC 13D/A with SEC
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