Founders, Investors In Terran Orbital Send Letter To Board
12/10/2023 11:05
Oct 12 (Reuters) - Terran Orbital Corp LLAP.N :
* GROUP OF CONCERNED CO-FOUNDERS, INVESTORS IN TERRAN
ORBITAL SEND
LETTER TO BOARD OUTLINING IMMEDIATE ACTIONS REQUIRED TO MAXIMIZE
STOCKHOLDER VALUE
* GROUP OF SOME CO-FOUNDERS, INVESTORS - TERRAN BOARD MUST
IMMEDIATELY SEPARATE ROLES OF CEO AND CHAIRMAN AND INSTALL NEW
CEO
* GROUP OF SOME CO-FOUNDERS, INVESTORS - TERRAN IS NOW
MEANINGFULLY UNDERCAPITALIZED
Source text for Eikon: ID:nBw5lQNcza
Further company coverage: LLAP.N
((Reuters.Briefs@thomsonreuters.com;))
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