Jana Builds 10% Alkami Stake, Presses Sale and Board Change
Updated
Updated · Bloomberg · Jun 29
Jana Builds 10% Alkami Stake, Presses Sale and Board Change
3 articles · Updated · Bloomberg · Jun 29
Summary
Jana Partners has amassed an economic stake of more than 10% in Alkami Technology and is urging the fintech company to move ahead with a sale, according to a person familiar with the matter.
Multiple interested parties are already in view, with Jana pushing Alkami to engage both strategic and financial buyers rather than delay a process.
The activist is also seeking a change in Alkami's board leadership, widening its campaign beyond a sale push to governance at the company.