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Legion Partners Sends Letter to OneSpan Inc. Board of Directors; Frustrated by Current Board's Failure to Take Meaningful Steps to Address Company's Continued Valuation Discount; Calls on OneSpan to Act Immediately to Improve Financial Disclosures and Pro

Aug 18, 2020 - Business Wire

Legion Partners Asset Management, LLC, which, together with its affiliates (collectively, "we" or "Legion Partners"), beneficially owns 2,277,091 shares of common stock of OneSpan Inc. ("OneSpan", "OSPN" or the "Company") (Nasdaq: OSPN), today issued a public letter to the Company's Board of Directors (the "Board"). In the letter, Legion Partners expresses its frustration at the Board's inability to take decisive action to address the Company's discounted valuation, and its belief that major imp...