CUTR - Voce Capital updates on upcoming Cutera special meeting

2023-05-11 16:40:13 ET

• Voce Capital Management said Thursday said it has terminated its proxy solicitation and will not vote any further proxies received from Cutera ( NASDAQ: CUTR ) shareholders on the BLUE proxy card at the special meeting.
• Voce owns about 6.1% of the outstanding shares of Cutera.
• “Given the recent agreement entered into by Cutera’s special committee to transfer majority control of the board to two shareholders in exchange for their votes at the special meeting, we no longer believe the special meeting pathway ... remains a viable option. As a result, we will not pursue our campaign at the June 9 special meeting," Voce said in a statement.
• Press Release .

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