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     131  0 Kommentare American Vanguard Stockholders Decisively Elect All Three of Cruiser Capital’s Nominees to Board

    Cruiser Capital Master Fund LP and its affiliates (“Cruiser Capital,” or “Cruiser”), a top ten shareholder of American Vanguard Corporation (NYSE: AVD) (“American Vanguard,” “AVD” or the “Company”), owning approximately 2.5% of AVD’s outstanding shares, today announced that, based on the preliminary report provided by its proxy solicitor, stockholders have decisively voted to remove three of American Vanguard’s incumbent directors and replace them with all three of Cruiser’s nominees: Dr. Mark Bassett, Pat Gottschalk and Keith M. Rosenbloom.

    Keith Rosenbloom, founder of Cruiser Capital, stated: “Today’s vote is a clear signal that stockholders want to see meaningful change at American Vanguard and are ready for fresh perspectives to be heard in the boardroom. We are extremely grateful to all our fellow stockholders who supported us throughout this campaign, as well as for the unanimous support from all three leading proxy advisory firms. My fellow nominees and I stand ready to get to work immediately alongside the rest of the Board to help American Vanguard reach its full potential and enhance value for all stakeholders.”

    About Cruiser Capital Advisors

    Cruiser Capital Advisors, LLC is an investment management firm that concentrates its investments in companies it believes trade at public market values substantially different from intrinsic value. Cruiser often utilizes a constructivist approach to collaborate with management teams to help drive stockholder value. Cruiser may be contacted at Info@Cruisercap.com

    Important Information

    Cruiser has nominated three individuals as nominees to the board of directors of American Vanguard Corporation, a Delaware corporation (the “Company”), and intends to solicit votes for the election of those individuals as members of the Company’s board of directors. The individuals that have been nominated are Keith M. Rosenbloom, Patrick E. Gottschalk and Mark R. Bassett (the “Nominees”). Cruiser Capital Master Fund LP is sending a definitive proxy statement, BLUE proxy card and related proxy materials to shareholders of the Company seeking their support of the Nominees at the Company’s 2022 Annual Meeting of Stockholders. Stockholders are urged to read the definitive proxy statement and BLUE proxy card, because they contain important information about the Nominees, the Company and related matters. Stockholders may obtain a free copy of the definitive proxy statement and BLUE proxy card and other documents filed with the Securities and Exchange Commission (“SEC”) by Cruiser Capital and its affiliates (the “Cruiser Capital Parties”) at the SEC’s web site at www.sec.gov. The definitive proxy statement and other related SEC documents filed with the SEC by the Cruiser Capital Parties may also be obtained free of charge from the Cruiser Capital Parties, upon request.

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    American Vanguard Stockholders Decisively Elect All Three of Cruiser Capital’s Nominees to Board Cruiser Capital Master Fund LP and its affiliates (“Cruiser Capital,” or “Cruiser”), a top ten shareholder of American Vanguard Corporation (NYSE: AVD) (“American Vanguard,” “AVD” or the “Company”), owning approximately 2.5% of AVD’s outstanding …