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The Call @ Hedgeye | March 28, 2024
The Form 4s related to SHFL's 17.6 million share offering were filed today. While it was nice to see buy side participation by the Board, the CEO, and some other senior executives, there was one notable asbsence. President and Chief Operating Officer Paul Meyer did not buy any stock on the deal. I also heard from some investors that Mr. Meyer was not involved in the deal roadshow. Hmmmmmm.
In the interest of full disclosure, I own shares of SHFL.