Monarch Activist Partners Accumulates 5.6% Stake in Peak International (PEAK)
In a 13D filing Peak International Ltd. (Nasdaq: PEAK) Monarch Activist Partners disclosed a 5.646% stake (701K shares) in the company, acquiring the shares from 02/01-02/22 at prices from $2.82-$3.01.The firm believes that PEAK's stock price is significantly undervalued and intends to communicate with management in order to explore measures to enhance shareholder value.
Labels: Monarch Activist Partners, PEAK, Peak International Ltd.

0 Comments:
Post a Comment
<< Home