Brief: Viewray Enters Into Cooperation Agreement With Hudson Executive Capital

Viewray

09/03/2022 21:05

ViewRay Inc  VRAY.O :
    * VIEWRAY ENTERS INTO COOPERATION AGREEMENT WITH HUDSON
EXECUTIVE
CAPITAL
    * VIEWRAY - REACHED AGREEMENT TO APPOINT SUSAN SCHNABEL TO
VIEWRAY
BOARD AS AN INDEPENDENT DIRECTOR, EFFECTIVE AS OF MARCH 8, 2022
    * VIEWRAY - HAS RETAINED SAI NANDURI, A SENIOR INVESTMENT
ANALYST
AND REPRESENTATIVE OF HEC, AS CONSULTANT TO WORK WITH COMPANY
    * VIEWRAY - HAS ENTERED COOPERATION AGREEMENT WITH HEC,
WHICH
CURRENTLY OWNS ABOUT 8.8% OF CO'S OUTSTANDING COMMON STOCK
    * VIEWRAY - PURSUANT TO AGREEMENT, HEC HAS AGREED TO
CUSTOMARY
STANDSTILL AND VOTING COMMITMENTS, AMONG OTHER PROVISIONS
    * VIEWRAY INC - BOARD WILL CONTINUE TO CONSIST OF 9 MEMBERS,
EIGHT
OF WHOM ARE INDEPENDENT

Source text for Eikon:  ID:nPn7Dr3W1a 
Further company coverage:  VRAY.O