Cannell Capital LLC Sends Letter to Sharecare, Inc. Director Alan G. Mnuchin
Cannell Capital LLC Sends Letter to Sharecare, Inc. Director Alan G. Mnuchin
Alta, Wyoming--(Newsfile Corp. - April 4, 2024) - J. Carlo Cannell, the Managing Member of Cannell Capital LLC, sent the following letter to Sharecare, Inc. Director Mr. Alan G. Mnuchin on Thursday April 4, 2024.
懷俄明州阿爾塔--（Newsfile Corp.，2024年4月4日）——坎內爾資本有限責任公司管理成員卡洛·坎內爾於2024年4月4日星期四致函Sharecare, Inc.董事艾倫·姆努欽先生。
A copy of Mr. Cannell's letter to Mr. Mnuchin follows below.
坎內爾先生給姆努欽先生的信的副本如下。
April 4, 2024
2024年4月4日
Mr. Alan G. Mnuchin
Sharecare, Inc.
255 East Paces Ferry Road NE
Atlanta, GA 30305
艾倫·姆努欽先生
Sharecare, Inc.
東北地區東帕斯渡輪路 255 號
喬治亞州亞特蘭大 30305
Dear Mr. Mnuchin,
親愛的姆努欽先生，
On October 12, 2023, Sharecare, Inc. ("SHCR") received an acquisition bid from Claritas Capital for cash consideration between $1.35 and $1.80 per share, the midpoint of which represents a 140% premium above today's stock price.
2023年10月12日，Sharecare, Inc.（“SHCR”）收到了克拉裏塔斯資本的收購要約，現金對價在每股1.35美元至1.80美元之間，中間價比今天的股價高出140％。
Why is the Special Committee dilly-dallying and "continuing to actively evaluate multiple proposals for a potential sale transaction as well as developing alternative value-creation opportunities" as stated in SHCR's March 28, 2024, earnings release?
正如SHCR在2024年3月28日發佈的業績中所述，爲什麼特別委員會袖手旁觀，“繼續積極評估多項潛在銷售交易提案，並開發替代價值創造機會”？
"The special committee is dedicated to being methodical in their review with the goal to maximize shareholder value." Is it really? A bird in the hand is worth two in the bush. Hit Claritas' bid - or a higher one - now. The formation of a Special Committee alone does not release the board of a public company from its duty of service to owners. Acting to maximize shareholder value does.
“特別委員會致力於有條不紊地進行審查，目標是最大限度地提高股東價值。”真的是這樣嗎？在灌木叢中，手中的鳥等於兩隻鳥。達到 Claritas 的出價——或者更高的出價—— 現在。僅成立特別委員會並不能解除上市公司董事會爲所有者服務的責任。採取行動實現股東價值最大化確實如此。
The stock price of SHCR is down 95% from peak to trough. My hunch is that there are other bids well above the current price (but this is pure speculation based upon SHCR's public disclosures of "multiple proposals for a potential sale transaction and alternatives thereto").
SHCR的股價從峯值到低谷下跌了95％。我的直覺是，還有其他出價遠高於當前價格（但這純粹是基於SHCR公開披露的 “多項潛在銷售交易提案及其替代方案” 的猜測）。
Failing to immediately accept the highest bid in the most liquid manifestation represents a grave breach of your duty of service to owners. When a company takes public capital, the board abdicates its sovereignty. You should not need any special advisors to do the right thing.1
沒能做到 立即 在最具流動性的表現形式中接受最高出價即表示嚴重違反了您對業主的服務義務。當公司吸收公共資本時，董事會放棄其主權。你不應該需要任何特別顧問來做正確的事。1
Sincerely,
/x/
J. Carlo Cannell
Managing Member
真誠地，
/x/
J. 卡洛·坎內爾
管理會員
1 A secondary fall-out of your inaction is a significant risk to your reputation and that of your brethren. Don't be that person who is thrown off the board prior to a company's sale.
1 你無所作爲的次要後果是對你和兄弟們的聲譽構成重大風險。不要成爲在公司出售之前被趕出董事會的那個人。
CONTACT INFORMATION
Stephen C. Wagstaff
1-307-733-2284
scw@cannellcap.com
聯繫信息
斯蒂芬·C·瓦格斯塔夫
1-307-733-2284
scw@cannellcap.com
譯文內容由第三人軟體翻譯。