Brief: Indaba Capital Management - Issued Open Letter To On24's Board Of Directors

ON24

08/02/2023 12:02

Feb 8 (Reuters) - ON24 Inc  ONTF.N :
    * INDABA CAPITAL MANAGEMENT - ISSUED OPEN LETTER TO ON24'S
BOARD
OF DIRECTORS
    * INDABA CAPITAL MANAGEMENT - ENCOURAGES ON24 TO ESTABLISH A
SPECIFIC PLAN FOR RETURNING AT LEAST $150 MILLION TO
SHAREHOLDERS
    * INDABA CAPITAL MANAGEMENT - URGES ON24 TO APPOINT AN
INDABA
DESIGNEE AS A DIRECTOR AND MODERNIZE GOVERNANCE, INCLUDING BY
DE-STAGGERING BOARD

Source text for Eikon:  ID:nBwbCQmSfa 
Further company coverage:  ONTF.N 
 ((Reuters.Briefs@thomsonreuters.com;))