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.
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.
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