Sierra Wireless (SWIR) Reaches Agreement With Lion Point Capital

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Go back to Sierra Wireless (SWIR) Reaches Agreement With Lion Point Capital

Sierra Wireless Reaches Agreement With Lion Point Capital

April 16, 2020 4:38 PM EDT

Two New Highly Qualified and Experienced Independent Directors to Join Board of Directors

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Sierra Wireless (NASDAQ: SWIR) (TSX: SW), the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy, today announced that it has entered into an agreement with Lion Point Capital, LP ("Lion Point"), an investment firm which holds approximately 9.4 percent of Sierra Wireless total shares outstanding, regarding the membership and composition of the Sierra Wireless Board of Directors... More