Workflow
Ocho Sends Letter to the Board of Digimarc Corporation
DMRCDigimarc(DMRC) Prnewswire·2025-03-20 23:11

Calls for CEO Search by a Committee of Independent DirectorsAUSTIN, Texas, March 20, 2025 /PRNewswire/ -- Ocho Investments LLC ("Ocho"), which owns in excess of 5% of the stock of Digimarc Corporation (Nasdaq: DMRC) ("Digimarc" or the "Company"), today sent a letter to the Board of Directors of the Company.In its letter, Ocho detailed Digimarc's poor operating performance, the CEO's misleading public statements and the resulting destruction of shareholder value, with the Company's stock price having decline ...