Former Chairman of Velodyne, Michael Dee, Suggests Shareholders “Abstain” on the Ouster Merger Vote February 10th until Outstanding Issues Resolved and Terms Improved
Retrieved on:
Wednesday, February 8, 2023
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With additional appropriate and timely disclosures and changes to the merger terms and directors I believe this merger can more successfully benefit the Velodyne shareholders.
Key Points:
- With additional appropriate and timely disclosures and changes to the merger terms and directors I believe this merger can more successfully benefit the Velodyne shareholders.
- Thus, I personally have now concluded that the merger, as is, is not in the best interests of Velodyne shareholders.
- How is it shareholders are asked to vote for a merger without disclosure of their representatives on the board?
- I can think of no better entities to make nominations to the new board on behalf of the Velodyne shareholders.