Articles from Ortelius Advisors, L.P.

Ortelius Advisors, L.P. (“Ortelius”) today announced that the six highly qualified individuals nominated by Ortelius for election to the Board of Directors (the “Board”) of Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale” or the “Company”) at the upcoming 2025 Annual Meeting of Stockholders released a joint letter to Brookdale stockholders. The full text of the letter can be found below and at www.ABetterBrookdale.com.

Ortelius Advisors, L.P. (“Ortelius”) today announced that a third leading independent proxy advisory firm, Glass, Lewis & Co. (“Glass Lewis”), has recommended that stockholders vote FOR the election of Ortelius nominees to the Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale” or “Company”) Board of Directors, on the WHITE Ortelius proxy card, at the upcoming 2025 Annual Meeting of Stockholders. The recommendation from Glass Lewis builds on supportive commentary already published by Institutional Shareholder Services Inc. (“ISS”) and the Egan-Jones Ratings Company (“Egan-Jones”) related to Ortelius’ campaign for change at Brookdale.

Ortelius Advisors, L.P. (“Ortelius”) today announced that independent proxy advisory firm, Egan-Jones Ratings Company (“Egan-Jones”), has recommended that stockholders vote FOR the election of all six Ortelius nominees to the Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale” or “Company”) Board of Directors, on the WHITE Ortelius proxy card, at the upcoming 2025 Annual Meeting of Stockholders. The recommendation from Egan-Jones builds on supportive commentary already published by Institutional Shareholder Services Inc. (“ISS”) regarding Ortelius’ campaign for change at Brookdale.

Ortelius Advisors, L.P. (“Ortelius”) today announced that a leading independent proxy advisory firm, Institutional Shareholder Services Inc. (“ISS”), has recommended that stockholders vote FOR the election of Ortelius nominees to the Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale” or “Company”) Board of Directors, on the WHITE Ortelius proxy card, at the upcoming 2025 Annual Meeting of Stockholders.

Ortelius Advisors, L.P. (“Ortelius”) today issued the following open letter to fellow stockholders of Brookdale Senior Living Inc. (NYSE: BKD)(“Brookdale” or the “Company”), which further outlines that the judgement, execution, and decision-making abilities of Brookdale’s current Board of Directors (the “Board”) remain highly questionable, and stresses the urgent need for meaningful, stockholder-driven change, following years of dismal performance, chronic undervaluation, stock price declines, and the vast destruction of stockholder value.

Ortelius Advisors, L.P. (“Ortelius”) today announced that it has delivered an open letter to the stockholders of Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale” or “Company”) and has filed definitive proxy materials with the Securities and Exchange Commission in connection with Ortelius’ nomination of a slate of six highly-qualified director nominees for election to the Brookdale Board of Directors at the upcoming 2025 Annual Meeting of Stockholders, scheduled to be held on Friday, July 11, 2025.

Ortelius Advisors, L.P. today issued the following open letter to fellow stockholders of Brookdale Senior Living Inc. (NYSE: BKD). The full text of the letter follows:

Ortelius Advisors, L.P. today issued the following open letter to fellow stockholders of Brookdale Senior Living Inc. (NYSE: BKD). The full text of the letter follows:

Ortelius Advisors, L.P., which collectively with its affiliates owns approximately 11.3% of the outstanding common stock of Trecora Resources (NYSE: TREC) (“Trecora” or the “Company”), today announced that it has filed preliminary proxy materials with the Securities and Exchange Commission in connection with the Trecora 2022 Annual Meeting of Stockholders (the “Annual Meeting”).

Ortelius Advisors, L.P., which collectively with its affiliates is the largest stockholder of Trecora Resources (NYSE: TREC), today delivered an open letter to stockholders.

Ortelius Advisors, L.P., which collectively with its affiliates is the largest stockholder of Trecora Resources (NYSE: TREC), today issued the following open letter to fellow stockholders.

Ortelius Advisors, L.P. (together with its affiliates, “Ortelius” or “we”), which owns approximately 12.7% of the outstanding common stock of Capital Senior Living Corporation (NYSE: CSU) (“Capital Senior Living” or the “Company”), today urged its fellow stockholders to vote AGAINST all of management’s proposals at the upcoming meeting of stockholders (the “Special Meeting”) on October 22, 2021, including the costly, dilutive and poorly-structured amended financing transactions (the “Transactions”) with Conversant Capital (together with its affiliates, “Conversant”). Please note that voting down the Transactions will enable Capital Senior Living’s Board of Directors (the "Board") to finally pursue readily-available and far better financing alternatives being championed by sizable stockholders, such as Ortelius and Invictus Global Management LLC (together with its affiliates, “Invictus"). Please visit www.SaveCSU.com for all documents and presentations pertaining to Ortelius’ advocacy on behalf of fellow stockholders.

Ortelius Advisors, L.P. (together with its affiliates, “Ortelius” or “we”), which owns approximately 12.7% of the outstanding common stock of Capital Senior Living Corporation (NYSE: CSU) (“Capital Senior Living” or the “Company”), today announced Glass, Lewis & Co. (“Glass Lewis”) recommends that the Company’s stockholders vote AGAINST all of management’s proposals at the upcoming meeting of stockholders (the “Special Meeting”) on October 22, 2021, including the costly, dilutive and poorly-structured amended financing transactions (the “Amended Transactions”) with Conversant Capital (together with its affiliates, “Conversant”). Please note that voting down the Amended Transactions will enable Capital Senior Living’s Board of Directors (the "Board") to finally pursue readily-available financing alternatives being championed by sizable stockholders, such as Ortelius and Invictus Global Management LLC (together with its affiliates, “Invictus"). Please visit www.SaveCSU.com for all documents and presentations pertaining to Ortelius’ advocacy on behalf of fellow stockholders.

Ortelius Advisors, L.P. (together with its affiliates, “Ortelius” or “we”), which owns approximately 12.7% of the outstanding common stock of Capital Senior Living Corporation (NYSE: CSU) (“Capital Senior Living” or the “Company”), today responded to the recommendation issued by Institutional Shareholder Services, Inc. (“ISS”) regarding the Company’s amended financing transactions (the “Amended Transactions”) with Conversant Capital LLC (together with its affiliates, “Conversant”). The Amended Transactions are also supported by Arbiter Partners QP, LP (“Arbiter”) and Silk Partners, LP (“Silk”), who each received special consideration in exchange for signing voting agreements with the Company. Ortelius urges Capital Senior Living’s stockholders to vote AGAINST all of the Company’s proposals, including the Amended Transactions, on the GOLD proxy card at the upcoming meeting of stockholders (the “Special Meeting”) on October 22, 2021. Voting down the Amended Transactions will enable the Board of Directors (the "Board") to pursue readily-available financing alternatives being championed by existing stockholders. Please visit www.SaveCSU.com for all documents and presentations pertaining to our advocacy on behalf of all of the Company’s stockholders.

Ortelius Advisors, L.P. (together with its affiliates, “Ortelius” or “we”) today sent the below letter to stockholders of Capital Senior Living Corporation (NYSE: CSU) (“Capital Senior Living” or the “Company”) regarding its opposition to the Company’s amended financing transactions (the “Amended Transactions”) with Conversant Capital LLC (“Conversant”). The Amended Transactions are also supported by Arbiter Partners QP, LP (“Arbiter”) and Silk Partners, LP (“Silk”). Stockholders can view the accompanying presentation that we have released with today’s letter by visiting www.SaveCSU.com.

Ortelius Advisors, L.P. (together with its affiliates, “Ortelius” or “we”), which owns approximately 12.7% of the outstanding common stock of Capital Senior Living Corporation (“Capital Senior Living” or the “Company”), today released a detailed presentation regarding its opposition to the Company’s proposed financing transactions (the “Proposed Transactions”) with Conversant Capital LLC (together with its affiliates, “Conversant”). Ortelius urges Capital Senior Living’s stockholders to vote AGAINST all of the Company’s proposals on the GOLD proxy card at the upcoming meeting of stockholders (the “Special Meeting”) on October 12, 2021. View the full presentation at www.SaveCSU.com.

Ortelius Advisors, L.P. (together with its affiliates, “Ortelius” or “we”) today sent the below letter to stockholders of Capital Senior Living Corporation (“Capital Senior Living” or the “Company”) regarding its strong opposition to the Company’s proposed transactions (the “Proposed Transactions”) with Conversant Capital LLC (together with its affiliates, “Conversant”). We urge Capital Senior Living’s stockholders to vote AGAINST the Proposed Transactions recommended by the Company’s Board of Directors (the “Board”) at the upcoming meeting of stockholders (the “Special Meeting”) on October 12, 2021. Learn more at www.SaveCSU.com.

Ortelius Advisors, L.P. (together with its affiliates, "Ortelius" or "we") today issued the below open letter to stockholders of Capital Senior Living Corporation (NYSE: CSU).

Ortelius Advisors, L.P. (together with its affiliates, "Ortelius" or “we”), which owns approximately 12.7% of the outstanding common stock of Capital Senior Living Corporation (NYSE: CSU) (“Capital Senior Living” or the “Company”), today announced that it has filed a preliminary proxy statement with the U.S. Securities and Exchange Commission to be used to solicit votes in opposition to the Company’s recently announced transactions (the "Transactions") with affiliates of Conversant Capital LLC (collectively, "Conversant"). This follows Ortelius’ August 9th letter to Capital Senior Living’s Board of Directors (the “Board”) regarding its opposition to the Transactions.

Ortelius Advisors, L.P. (together with its affiliates, “Ortelius” or “we”) today issued the below letter to the Board of Directors of Capital Senior Living Corporation (NYSE: CSU).