Bastion Trading wants SkyAI to raise its $201 million buyback price from $3.00 to at least $3.50 and to disclose its SOL sales. Cryptopolitan reported that SkyAI sold off about 70% of its Solana holdings in less than a month, money that went toward paying for the offer.
Perspective Coverage
3 publishers
- Builder
- Builder 7%
- Operator
- Operator 28%
- Investor
- Investor 65%
Reality
- Evidence60
- Adoption
- Not scored
- Hype gap+12
- Incentives65
- Confidence62
Sanderson's remuneration chair warns its biggest shareholder of legal action over pay questions
Sanderson Design Group director Patrick Lewis has warned its 14% shareholder, LBV, of possible defamation action over criticism of executive pay. LBV is seeking the chairwoman's removal on 29 October and has taken the exchange to shareholders.
Reality
- Evidence50
- Adoption
- Not scored
- Hype gap
- Not scored
- Incentives70
- Confidence55
FTSE 100 boards hold on to chief executives as the Middle East conflict unsettles markets
FTSE 100 boards made nine chief executive changes so far in 2026, against a typical 13 a year since 2000, AJ Bell data show. City AM reported that few firms have faced pressure to make changes at the top.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+15
- Incentives
- Not scored
- Confidence55
Sanderson's board fights a 12% shareholder's push to remove chair Dame Dianne Thompson
LBV Asset Management, which holds 12% of Sanderson Design Group, is pushing to remove chair Dame Dianne Thompson before an emergency meeting on 29 October. The board is fighting the motions, and the vote will show whether holders put half-year results ahead of complaints about pay and spending.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap
- Not scored
- Incentives70
- Confidence50
Half of 2026's activist campaigns hit industrial and technology companies, Barclays finds
Activists aimed a record 82% of their 179 campaigns this year at five sectors, led by industrials and technology, according to Barclays. Fewer funds are running those campaigns, so boards in industrials and technology face a smaller and slightly busier pool of challengers.
Reality
- Evidence50
- Adoption
- Not scored
- Hype gap+5
- Incentives35
- Confidence55
Sanderson investor with a 14% stake seeks a chair who can stay through a long turnaround
LBV Asset Management, which owns about 14% of Sanderson Design Group, is pushing to remove Dame Dianne Thompson as chair and director, City AM reported. The fund says a long turnaround needs a chair with years left in the role, whatever her record.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+15
- Incentives70
- Confidence50
PepsiCo roughly halved its fiscal 2026 core earnings growth forecast, blaming sluggish North American demand and rising input costs. Chief executive Ramon Laguarta plans more structural cost cuts, but he has pledged the savings to growth investment and to offsetting input inflation.
Perspective Coverage
5 publishers
- Builder
- Builder 13%
- Operator
- Operator 30%
- Investor
- Investor 57%
Reality
- Evidence72
- Adoption
- Not scored
- Hype gap+10
- Incentives55
- Confidence70
SEC plan to scrap Rule 14a-8 would make activism at closed-end funds costlier
Debevoise lawyers say the SEC's September 16 plan to rescind Rule 14a-8 would make activist campaigns at listed closed-end funds and BDCs costlier. After the Supreme Court's June Saba ruling, it would give fund boards a second advantage, though only the ruling is settled law.
Reality
- Evidence55
- Adoption10
- Hype gap+25
- Incentives55
- Confidence45
Life Asset Management says it would welcome Samsung canceling common and preferred shares together
Life Asset Management told Samsung it would welcome canceling common and preferred shares together, with a 15 trillion won buyback nearly used up. The offer answers Samsung's stated worry about fairness to common holders, so the limit on canceling common stock is now a 10% legal cap on its insurers' combined stake.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+10
- Incentives70
- Confidence50
Five Samsung affiliates turn down 906.6 billion won for S-1 shares worth about 659 billion at market price
Five Samsung affiliates rejected Flashlight Capital Partners' 906.6 billion won bid for their S-1 shares, a price about 37% above market. Directors owe shareholders a duty under Korea's revised Commercial Act, so holding needs a better reason than doubt the deal would close.
Reality
- Evidence52
- Adoption
- Not scored
- Hype gap+10
- Incentives70
- Confidence55
CEA Industries, holder of about $302 million in BNB, becomes BNB Standard Corporation on September 29 and keeps its BNC ticker. Its suit to void a 10X Capital management agreement, whose termination clause could have topped $100 million, stays open under the new name.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+10
- Incentives60
- Confidence60
Quad Asset presses Daeyang Electric to spend a quarter of its cash retiring shares
Quad Asset Management wants Daeyang Electric to buy back and cancel 30 billion won of shares over three years and lift its dividend payout above 30%. The board has until Oct. 16 to answer a demand that its record profits make hard to refuse for lack of cash.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+10
- Incentives70
- Confidence55
Samsung's preferred shares have narrowed their discount to the common by 14 points since June
The preferred rose 15.34% in September against 9.00% for the common, and at 219,500 won one quarter's extra yield is worth about half a percentage point. The rest of the gap prices a cancellation proposal the board decides in January.
Reality
- Evidence58
- Adoption25
- Hype gap+22
- Incentives65
- Confidence60
Governance rules have cut Japan's listed subsidiaries to a third of their 2007 peak
Nomura's count of Japanese listed subsidiaries is 139, down about 20% in a year, and from 2027 companies must disclose how minority shareholders voted on directors. At that pace the category empties in about four years.
Reality
- Evidence52
- Adoption76
- Hype gap+15
- Incentives58
- Confidence62
Health care tops the 2026 forced CEO exit table on eight months of data
The Conference Board puts 35% of this year's Russell 3000 forced departures in health care. The same report has forced exits taking a smaller share of 2026 successions than in either prior year, and no single industry profile.
Reality
- Evidence70
- Adoption
- Not scored
- Hype gap+20
- Incentives45
- Confidence58
Fragmented proxy voting is making shareholder intent harder to predict
Wachtell Lipton counts six US activist campaigns reaching a vote through August 2026, down from nine a year earlier, and says settlements now often land before the activist has agitated in public.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+15
- Incentives75
- Confidence50
Samsung's preferred shares have gained 17% on the common before any buyback happened
Life Asset Management asked Samsung's board on September 14 to approve repurchases in October and cancel the discounted preferred stock by December, four months into a return plan that runs to 2030.
Reality
- Evidence30
- Adoption
- Not scored
- Hype gap+20
- Incentives78
- Confidence32
A Goodwin memo puts crypto treasury companies on the shareholder activist target list
Three Goodwin Procter lawyers write that the premium these companies raised capital on has compressed into discounts across much of the sector. The discount itself is the profile shareholder activists have historically targeted.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+20
- Incentives70
- Confidence58
Artisan Partners' David Samra is telling Novartis's chairman to rebuild the team that does its deals, after a week of three Phase III setbacks in which one of the drugs actually met its primary endpoint.
Reality
- Evidence66
- Adoption22
- Hype gap+28
- Incentives68
- Confidence62
Metaplanet cuts an executive option pool that had grown to a fifth of its diluted count
Metaplanet's board pulled back grant terms that expanded with every equity raise, cutting the potential share pool by about 41 percent and lifting bitcoin per fully diluted share 8.8 percent without buying a coin.
Reality
- Evidence45
- Adoption45
- Hype gap+22
- Incentives72
- Confidence50
Earlier coverage
- Chancery holds Empery to the advance notice bylaws it actually wrote
Leadership · September 3, 2026 · One report1 publisher