Abraham Ortelius

CD Foundation Announces Significant Project Momentum at cdCon + GitOpsCon

Retrieved on: 
Monday, May 8, 2023

VANCOUVER, BC, May 8, 2023 /PRNewswire/ -- The Continuous Delivery Foundation (CDF), the open source software foundation that seeks to improve the world's capacity to deliver software with security and speed, today announced several updates underlying the open source foundation's momentum. The announcements come at the start of cdCon + GitOpsCon (May 8 – 9, 2023), an in-person event in Vancouver, Canada, co-organized with The Cloud Native Computing Foundation (CNCF).

Key Points: 
  • CD Foundation announces CDEvents adoption, new Tekton supply chain security features, and a new Ortelius sub-project called Emporous
    VANCOUVER, BC, May 8, 2023 /PRNewswire/ -- The Continuous Delivery Foundation (CDF) , the open source software foundation that seeks to improve the world's capacity to deliver software with security and speed, today announced several updates underlying the open source foundation's momentum.
  • The announcements come at the start of cdCon + GitOpsCon (May 8 – 9, 2023), an in-person event in Vancouver, Canada, co-organized with The Cloud Native Computing Foundation (CNCF) .
  • CD Foundation announces CDEvents adoption, Tekton supply chain security features, and new Ortelius sub-project Emporous.
  • Jenkins , Spinnaker , Tekton , and Testkube projects are adopting CDEvents for their users to achieve interoperability, and enable scalability and observability of their CI/CD pipelines.

Ortelius Files Preliminary Proxy Statement Nominating Three New Directors for Election at Trecora Resources 2022 Annual Meeting of Stockholders

Retrieved on: 
Monday, April 4, 2022

We look forward to engaging with our fellow stockholders to earn their support for positive change at Trecora.

Key Points: 
  • We look forward to engaging with our fellow stockholders to earn their support for positive change at Trecora.
  • The Boards increasingly entrenched behavior since our director nominations further supports Ortelius conviction that substantial change to the Board is necessary to protect the interests of stockholders.
  • ORTELIUS STRONGLY ADVISES ALL STOCKHOLDERS OF THE COMPANY TO READ THE PROXY STATEMENT AND OTHER PROXY MATERIALS AS THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.
  • IN ADDITION, THE PARTICIPANTS IN THIS PROXY SOLICITATION WILL PROVIDE COPIES OF THE PROXY STATEMENT WITHOUT CHARGE, WHEN AVAILABLE, UPON REQUEST.

Ortelius Delivers Open Letter to Trecora Resources Stockholders

Retrieved on: 
Tuesday, March 22, 2022

Ortelius Advisors, L.P., which collectively with its affiliates is the largest stockholder of Trecora Resources (NYSE: TREC), today delivered an open letter to stockholders.

Key Points: 
  • Ortelius Advisors, L.P., which collectively with its affiliates is the largest stockholder of Trecora Resources (NYSE: TREC), today delivered an open letter to stockholders.
  • As we communicated in our February letter, Ortelius believes that Trecora has significant upside potential based on its high-quality assets, favorable industry dynamics, and considerable free cash flow generation capability.
  • Since then, we have actively tried to engage with the Companys Board to reach constructive outcomes that would strengthen Trecora for the benefit of all stockholders.
  • We look forward to engaging with you and earning your support as Ortelius works towards effecting positive change at Trecora.

Trecora Resources Comments on Letter from Ortelius Advisors

Retrieved on: 
Wednesday, March 23, 2022

SUGAR LAND, Texas, March 23, 2022 /PRNewswire/ --Trecora Resources ("Trecora" or the "Company") (NYSE: TREC), a leading provider of specialty hydrocarbons and waxes, today issued the following statement regarding Ortelius Advisors' ("Ortelius") letter to Trecora stockholders yesterday:

Key Points: 
  • SUGAR LAND, Texas, March 23, 2022 /PRNewswire/ --Trecora Resources ("Trecora" or the "Company") (NYSE: TREC), a leading provider of specialty hydrocarbons and waxes, today issued the following statement regarding Ortelius Advisors' ("Ortelius") letter to Trecora stockholders yesterday:
    "Trecora's Board of Directors and management team are focused on delivering value for our shareholders.
  • In short, Ortelius' assertion in its letter that the Board has "refused to genuinely engage" is simply false.
  • Trecora's Board and management team have had dozens of interactions with Ortelius and considered almost as many new and seemingly impulsive ideas from Ortelius.
  • Most of these suggestions do not appear to be about creating value for all our shareholders but rather aimed at providing Ortelius a special, substantial economic interest in Trecora, or control of Trecora, without Ortelius providing a premium to other shareholders.

Ortelius Nominates Six Highly Qualified and Independent Candidates for Election to the Board of Directors of Trecora Resources

Retrieved on: 
Monday, February 7, 2022

We believe David Johnsons extensive investment management expertise and governance experience make him an ideal director candidate for Trecoras Board.

Key Points: 
  • We believe David Johnsons extensive investment management expertise and governance experience make him an ideal director candidate for Trecoras Board.
  • He has served as an independent director at Liquidia Corporation since April 2021.
  • If elected, Mr. Johnsons insights into financial strategy and organizational and business development would be invaluable to Trecoras Board.
  • We believe Michael Lefenfelds leadership experience as an innovation-focused chemicals business founder and executive make him an ideal director candidate for Trecoras Board.

Capital Senior Living Issues Letter to Shareholders Urging Them to Vote on the White Card and Support a Sustainable Future for the Company

Retrieved on: 
Tuesday, October 19, 2021

You, our shareholders, will have the option to vote FOR a sustainable future for the Company.

Key Points: 
  • You, our shareholders, will have the option to vote FOR a sustainable future for the Company.
  • Ortelius has publicly issued more than a dozen communications urging you to vote against the original and Amended Transactions.
  • Vote FOR the Amended Transactions and a sustainable future for Capital Senior Living at the upcoming Special Meeting.
  • Dallas-based Capital Senior Living Corporation is one of the nations leading operators of independent living, assisted living and memory care communities for senior adults.

Ortelius Urges Capital Senior Living’s Stockholders to Give the Company’s Board an Opportunity to Pursue Superior Financing by Voting AGAINST the Conversant Deal at Upcoming Special Meeting

Retrieved on: 
Tuesday, October 19, 2021

Please note that voting down the Transactions will enable Capital Senior Livings Board of Directors (the "Board") to finally pursue readily-available and far better financing alternatives being championed by sizable stockholders, such as Ortelius and Invictus Global Management LLC (together with its affiliates, Invictus").

Key Points: 
  • Please note that voting down the Transactions will enable Capital Senior Livings Board of Directors (the "Board") to finally pursue readily-available and far better financing alternatives being championed by sizable stockholders, such as Ortelius and Invictus Global Management LLC (together with its affiliates, Invictus").
  • Please visit www.SaveCSU.com for all documents and presentations pertaining to Ortelius advocacy on behalf of fellow stockholders.
  • Ortelius firmly believes in Capital Senior Livings long-term prospects and wants to be one of the Companys largest stockholders for years to come.
  • This is why we have invested a significant amount of time, energy, resources and capital in a constructive campaign to block Capital Senior Livings costly, dilutive and poorly-structured deal with Conversant.

Ortelius Announces Glass Lewis Recommends Capital Senior Living’s Stockholders Vote AGAINST the Costly, Dilutive and Poorly-Structured Conversant Capital Deal

Retrieved on: 
Thursday, October 14, 2021

Please visit www.SaveCSU.com for all documents and presentations pertaining to Ortelius advocacy on behalf of fellow stockholders.

Key Points: 
  • Please visit www.SaveCSU.com for all documents and presentations pertaining to Ortelius advocacy on behalf of fellow stockholders.
  • We are very pleased Glass Lewis is recommending that Capital Senior Livings stockholders vote against the costly, dilutive and poorly-structured Amended Transactions, which would unnecessarily seize significant value from the vast majority of existing stockholders and hand de facto control of the Company to Conversant and Silk Partners following a privately-negotiated agreement.
  • Lastly, we hope the stockholders we are advocating for take note of the fact that Glass Lewis recognizes alternative capital is available from other sources right now on better terms.
  • As a reminder, Ortelius and other stockholders, such as Invictus, have made public commitments to promptly provide affordable, contingency-free and potentially non-dilutive capital to address the Companys liquidity needs.

Leading Independent Advisory Firm ISS Recommends Capital Senior Living Shareholders Vote FOR the Amended Transactions With Conversant Capital and All Other Company Proposals

Retrieved on: 
Monday, October 11, 2021

ISS also agreed that the Amended Transactions provide[] certainty of capital that neither Ortelius nor Invictus can offer at this time.

Key Points: 
  • ISS also agreed that the Amended Transactions provide[] certainty of capital that neither Ortelius nor Invictus can offer at this time.
  • By voting FOR, shareholders are supporting a sustainable future for the Company that will allow us to address our immediate liquidity concerns and position Capital Senior Living for success and increased shareholder value.
  • Capital Senior Living urges you to vote FOR the Amended Transactions at the upcoming Special Meeting.
  • Dallas-based Capital Senior Living Corporation is one of the nations leading operators of independent living, assisted living and memory care communities for senior adults.

Ortelius Issues Presentation Regarding its Opposition to Capital Senior Living’s Costly, Dilutive and Outsized Transactions with Conversant Capital

Retrieved on: 
Wednesday, September 15, 2021

Ortelius Advisors, L.P. (together with its affiliates, Ortelius or we), which owns approximately 12.7% of the outstanding common stock of Capital Senior Living Corporation (Capital Senior Living or the Company), today released a detailed presentation regarding its opposition to the Companys proposed financing transactions (the Proposed Transactions) with Conversant Capital LLC (together with its affiliates, Conversant).

Key Points: 
  • Ortelius Advisors, L.P. (together with its affiliates, Ortelius or we), which owns approximately 12.7% of the outstanding common stock of Capital Senior Living Corporation (Capital Senior Living or the Company), today released a detailed presentation regarding its opposition to the Companys proposed financing transactions (the Proposed Transactions) with Conversant Capital LLC (together with its affiliates, Conversant).
  • View the full release here: https://www.businesswire.com/news/home/20210915005653/en/
    Our detailed presentation demonstrates that Capital Senior Livings Board of Directors ran a deeply-flawed process for assessing the Companys capital needs and financing options.
  • As outlined in our presentation, Ortelius believes there are superior alternatives for the Company to consider if the Proposed Transactions are voted down.
  • Ortelius views this as a clear path to raising up to $70 million in capital a sum that we believe can more than satisfy Capital Senior Livings near-term needs.