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Irenic Capital Management Says It Sent A Letter To Snap Inc. Co-Founder And CEO Evan Spiegel

ReutersMar 31, 2026 3:25 PM

March 31 (Reuters) - Irenic Capital Management:

IRENIC SENDS LETTER TO SNAP INC. CO-FOUNDER AND CEO EVAN SPIEGEL AND ISSUES PRESENTATION OUTLINING ACTIONABLE STEPS TO UNLOCK VALUE
IRENIC: BELIEVES SNAP COULD BE WORTH AT LEAST $26.37 PER SHARE OR $35 BILLION FOLLOWING VALUE-ENHANCING STEPS
IRENIC CAPITAL MANAGEMENT: OWN AN ECONOMIC INTEREST IN ABOUT 2.5% OF SNAP'S CLASS A SHARES

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