Harbert Discovery raises stake in Qumu to 9.4% from 6.2%
The Harbert Discovery has had and anticipate having further conversations with members of Qumu's management and board of directors regarding possible ways to enhance shareholder value. The topics of these conversations will cover a range of issues, including those relating to the business of the Issuer, management, board composition, operations, capital allocation, asset allocation, capitalization, dividend policy, financial condition, mergers and acquisitions strategy, overall business strategy, executive compensation, and corporate governance. Harbert Discovery may also have similar conversations with other stockholders of Qumu and other interested parties, such as industry analysts, existing or potential strategic partners or competitors, investment professionals, and other investors. Harbert Discovery may at any time reconsider and change their intentions relating to the foregoing.