NovaBay CEO Letter to Stockholders Urges a FOR Vote at Upcoming Reconvened Special Meeting
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NovaBay Pharmaceuticals' CEO, Justin Hall, has issued a letter urging stockholders to vote in favor of selling the company's eyecare business and Avenova brand to PRN Physician Recommended. The Board of Directors unanimously supports this transaction.
December 09, 2024 | 12:00 pm
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NovaBay Pharmaceuticals is urging stockholders to approve the sale of its eyecare business and Avenova brand to PRN Physician Recommended. The Board of Directors supports this transaction.
The CEO's letter indicates strong support from the Board for the sale, suggesting it could be beneficial for the company. This may positively impact the stock price as it could lead to a more focused business strategy and potential financial benefits.
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IMPORTANCE 80
RELEVANCE 100