Rocky Mountain Chocolate Factory, Inc.
Extract: Update, Proxy Fight Director Nomination from a SC 13D/A on 07/27/2021   Download
SEC Document
SEC Filing
Item 4.Purpose of Transaction.


Item 4 is amended to add the following:


GVIC is actively monitoring the Issuer and its corporate governance practices. As previously disclosed, GVIC has expressed an interest to the Issuer in substantially increasing its ownership of Common Stock and obtaining commensurate governance rights. To this end, GVIC and the Issuer have discussed and continue to discuss the composition of the Board. GVIC reserves all rights in connection with the Issuer, including those in connection with its Nomination Notice. GVIC is committed to ensuring that the Board is appropriately composed of experienced directors who are focused on shareholder value.