OneMove Capital said Sylogist Ltd.'s board rejected efforts to settle an ongoing proxy fight, even after the activist investor agreed to reduce its demand for independent director seats. The dispute points to continued governance tension and likely prolongs uncertainty around board composition. The update is material for shareholders but is unlikely to have a broad market impact.
OneMove Capital said Sylogist Ltd.'s board rejected efforts to settle an ongoing proxy fight, even after the activist investor agreed to reduce its demand for independent director seats. The dispute points to continued governance tension and likely prolongs uncertainty around board composition. The update is material for shareholders but is unlikely to have a broad market impact.
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