Brief: Nevro Corp Says On February 20 Entered Into A Cooperation Agreement With Certain Affiliates Of Engaged Capital

Nevro

21/02/2024 21:21

Feb 21 (Reuters) - Nevro Corp  NVRO.N :
    * NEVRO CORP - ON FEBRUARY 20 ENTERED INTO A COOPERATION
AGREEMENT
WITH CERTAIN AFFILIATES OF ENGAGED CAPITAL, LLC
    * NEVRO-PURSUANT TO COOPERATION AGREEMENT, CO HAS AGREED TO
TAKE
SUCH ACTIONS AS ARE NECESSARY TO INCREASE SIZE OF BOARD FROM TEN
 TO ELEVEN  DIRECTORS
    * NEVRO CORP - SIZE OF BOARD SHALL BE REDUCED TO TEN
DIRECTORS
EFFECTIVE AS OF 2024 ANNUAL MEETING
    * NEVRO CORP - UNDER TERMS OF COOPERATION AGREEMENT, ENGAGED
GROUP
IS SUBJECT TO CUSTOMARY STANDSTILL RESTRICTIONS UNTIL
TERMINATION DATE

Further company coverage:  NVRO.N 

 (Reuters.Briefs@thomsonreuters.com)