Concerned Shareholders of Rocky Mountain Announce “Town Hall”-Style Update
September 24 2021 - 3:06PM
Business Wire
Believes that Shareholders Deserve a Chance
to Communicate Directly with the Concerned Shareholders of Rocky
Mountain
The Forum will Feature each Candidate of the
Concerned Shareholders of Rocky Mountain
To be Hosted Virtually on Monday, September
27 at 3:00PM EDT
AB Value Management LLC, collectively with its affiliates (“AB
Value”), and the other participants in this solicitation
(collectively, the “Concerned Shareholders of Rocky Mountain”)
representing approximately 14.59% of the outstanding shares of
Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) (the
“Company”), today announced that Concerned Shareholders of Rocky
Mountain will be hosting a town hall for shareholders on Monday,
September 27 at 3:00pm EDT.
“We strongly encourage all Rocky Mountain Chocolate Factory
shareholders to attend our Town Hall-style meeting,” commented
Andrew T. Berger, Managing Member of AB Value. “With such an
important decision looming, we want to provide shareholders every
opportunity to learn about the full scope of our efforts to unlock
value for shareholders and the current Board’s crude attempts to
thwart the shareholder franchise.”
Mr. Berger continued, “David Polonitza, representing AB Value,
plus nominees for the Board of Directors - Mark Riegel, Sandra
Elizabeth Taylor, and Rhonda J. Parish - will be on the call and
available for questions. Questions may be submitted in advance to
RMCF@investor-com.com. With the 2021 Annual meeting less than two
weeks away, we strongly encourage all shareholders to act now and
vote for the Concerned Shareholders of Rocky Mountain on the Blue
proxy card.”
The Concerned Shareholders of Rocky Mountain believe that the
more shareholders take the time to interact and communicate with
the group’s candidates, the more shareholders will see that the
choice is clear.
The Director-Nominees
- Rhonda J. Parish – Has decades of corporate governance,
franchising and legal experience in the retail and restaurant
industries in her executive leadership at public companies, such as
Walmart, Denny’s, Einstein Bagels and Ruby Tuesday.
- Mark Riegel – Possesses extensive executive expertise
specifically within the chocolate and confection industry,
particularly with respect to manufacturing and marketing, including
at Russell Stover Chocolates, Ferrara Candy Company, and beginning
career in brand management at Kraft.
- Sandra Elizabeth Taylor – Brings a much-needed skillset
to the Company of corporate social responsibility, combined with
her decades of experience serving on public company boards and
within executive leadership at DE Master Blenders/Sara Lee (former
director), Cappella Education (former director) Starbucks (SVP,
Corporate Responsibility) and Kodak (VP, Public Affairs).
Details on the Town Hall-style meeting
When: Monday, September 27, 3:00pm EDT Where:
https://agm.issuerdirect.com/rmcf
Important Additional Information
AB Value Partners, LP and AB Value Management LLC, Andrew T.
Berger, Bradley Radoff, Rhonda J. Parish, Mark Riegel, and Sandra
Elizabeth Taylor (collectively, the “Participants”) have filed a
definitive proxy statement and an accompanying BLUE proxy
card with the SEC to solicit proxies from shareholders of the
Company for use at the 2021 Annual Meeting. THE PARTICIPANTS
STRONGLY ADVISE ALL SHAREHOLDERS OF THE COMPANY TO READ THE PROXY
STATEMENT AND OTHER PROXY MATERIALS BECAUSE THEY CONTAIN IMPORTANT
INFORMATION. Such proxy materials are available at no charge on the
SEC’s website at http://www.sec.gov. In addition, the Participants
in this proxy solicitation will provide copies of the proxy
statement without charge, upon request. Requests for copies should
be directed to the Participants’ proxy solicitor.
Certain Information Regarding the Participants
The Participants in the proxy solicitation are: AB Value
Partners, LP, AB Value Management LLC, Andrew T. Berger, Bradley
Radoff, Rhonda J. Parish, Mark Riegel, and Sandra Elizabeth Taylor.
As of September 23, 2021, AB Value Partners, LP directly owns
224,855 shares of common stock, $0.001 par value per share of the
Company (“Common Stock”). As of September 23, 2021, AB Value
Management LLC beneficially owns 460,189 shares of Common Stock. As
of September 23, 2021, Mr. Radoff directly owns 433,624 shares of
Common Stock. As of September 23, 2021, none of Mr. Berger, Ms.
Parish, Mr. Riegel, or Ms. Taylor directly own any shares of Common
Stock.
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version on businesswire.com: https://www.businesswire.com/news/home/20210924005508/en/
John Glenn Grau InvestorCom LLC (203) 295-7841
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