TETRA TECHNOLOGIES, INC. ANNOUNCES WITHDRAWAL OF INVESTOR GROUP NOMINEES
TETRA Technologies (NYSE: TTI) announced that the investor group led by Brad Radoff has irrevocably withdrawn its four director nominees for the 2025 Annual Meeting of Shareholders. As a result, the meeting will proceed uncontested as previously scheduled.
The company plans to file a definitive proxy statement with the SEC in the near future. TETRA's Board and management expressed gratitude to shareholders for their constructive engagement and look forward to continued dialogue before and after the annual meeting.
TETRA Technologies operates across six continents, focusing on Energy Services, Industrial Chemicals, and Lithium Ventures. The company provides services to the oil and gas industry, calcium chloride applications, and is expanding into the low-carbon energy market leveraging its chemistry expertise, mineral acreage, and global infrastructure.
TETRA Technologies (NYSE: TTI) ha annunciato che il gruppo di investitori guidato da Brad Radoff ha ritirato irrevocabilmente le sue quattro candidature per il consiglio di amministrazione per l'Assemblea Annuale degli Azionisti del 2025. Di conseguenza, l'incontro si svolgerà senza contestazioni come previsto.
La società prevede di presentare una dichiarazione di delega definitiva alla SEC nel prossimo futuro. Il Consiglio e la direzione di TETRA hanno espresso gratitudine agli azionisti per il loro coinvolgimento costruttivo e attendono con interesse un dialogo continuo prima e dopo l'assemblea annuale.
TETRA Technologies opera su sei continenti, concentrandosi su Servizi Energetici, Chimica Industriale e Iniziative sul Litio. L'azienda fornisce servizi all'industria petrolifera e del gas, applicazioni di cloruro di calcio e sta espandendosi nel mercato dell'energia a basse emissioni di carbonio sfruttando la propria esperienza chimica, le risorse minerarie e l'infrastruttura globale.
TETRA Technologies (NYSE: TTI) anunció que el grupo de inversores liderado por Brad Radoff ha retirado irrevocablemente sus cuatro nominaciones para el directorio en la Junta Anual de Accionistas de 2025. Como resultado, la reunión se llevará a cabo sin oposición como estaba previsto.
La empresa planea presentar una declaración de poder definitiva a la SEC en un futuro cercano. La Junta y la dirección de TETRA expresaron su agradecimiento a los accionistas por su participación constructiva y esperan continuar el diálogo antes y después de la reunión anual.
TETRA Technologies opera en seis continentes, enfocándose en Servicios Energéticos, Químicos Industriales y Proyectos de Litio. La compañía proporciona servicios a la industria del petróleo y gas, aplicaciones de cloruro de calcio y se está expandiendo en el mercado de energía baja en carbono aprovechando su experiencia en química, tierras minerales e infraestructura global.
TETRA Technologies (NYSE: TTI)는 브래드 라도프가 이끄는 투자자 그룹이 2025년 주주 총회를 위한 이사 후보 4명을 철회했다고 발표했습니다. 그 결과, 회의는 예정대로 무경쟁으로 진행될 것입니다.
회사는 가까운 미래에 SEC에 최종 위임장을 제출할 계획입니다. TETRA의 이사회와 경영진은 주주들의 건설적인 참여에 감사의 뜻을 전하며, 연례 총회 전후로 지속적인 대화를 기대하고 있습니다.
TETRA Technologies는 6개 대륙에서 에너지 서비스, 산업 화학 및 리튬 사업에 집중하여 운영하고 있습니다. 이 회사는 석유 및 가스 산업에 서비스를 제공하고, 염화칼슘 응용 분야에 참여하며, 화학 전문 지식, 광물 토지 및 글로벌 인프라를 활용하여 저탄소 에너지 시장으로 확장하고 있습니다.
TETRA Technologies (NYSE: TTI) a annoncé que le groupe d'investisseurs dirigé par Brad Radoff a retiré de manière irrévocable ses quatre candidatures pour le conseil d'administration lors de l'Assemblée Générale Annuelle des Actionnaires de 2025. En conséquence, la réunion se déroulera sans opposition comme prévu.
L'entreprise prévoit de soumettre une déclaration de procuration définitive à la SEC dans un avenir proche. Le conseil d'administration et la direction de TETRA ont exprimé leur gratitude aux actionnaires pour leur engagement constructif et se réjouissent de poursuivre le dialogue avant et après l'assemblée annuelle.
TETRA Technologies opère sur six continents, en se concentrant sur les services énergétiques, les produits chimiques industriels et les projets lithium. L'entreprise fournit des services à l'industrie pétrolière et gazière, des applications de chlorure de calcium et s'étend sur le marché de l'énergie à faibles émissions de carbone en tirant parti de son expertise chimique, de ses terrains minéraux et de son infrastructure mondiale.
TETRA Technologies (NYSE: TTI) gab bekannt, dass die von Brad Radoff geleitete Investorengruppe ihre vier Kandidaturen für den Vorstand der Jahreshauptversammlung der Aktionäre 2025 unwiderruflich zurückgezogen hat. Infolgedessen wird die Versammlung wie geplant ohne Gegenkandidaten stattfinden.
Das Unternehmen plant, in naher Zukunft eine endgültige Vollmachtserklärung bei der SEC einzureichen. Der Vorstand und das Management von TETRA dankten den Aktionären für ihr konstruktives Engagement und freuen sich auf einen fortgesetzten Dialog vor und nach der Jahreshauptversammlung.
TETRA Technologies ist auf sechs Kontinenten tätig und konzentriert sich auf Energieservices, industrielle Chemikalien und Lithium-Ventures. Das Unternehmen bietet Dienstleistungen für die Öl- und Gasindustrie an, ist im Bereich der Calciumchlorid-Anwendungen tätig und expandiert in den Markt für kohlenstoffarme Energie, indem es seine chemischen Fachkenntnisse, mineralischen Flächen und globale Infrastruktur nutzt.
- Resolution of potential board contest, reducing corporate governance uncertainty
- Geographical diversification with operations on six continents
- Strategic expansion into low-carbon energy market
- None.
2025 Annual Meeting of Shareholders Continues as Planned
Notes Shareholders Are Not Required to Take Any Action At This Time
The TETRA Board and management team wish to thank its shareholders for their constructive engagement and look forward to continued engagement leading up to the annual meeting and beyond.
Company Overview
TETRA Technologies, Inc. is an energy services and solutions company focused on developing environmentally conscious services and solutions that help make people's lives better. With operations on six continents, the Company's portfolio consists of Energy Services, Industrial Chemicals, and Lithium Ventures. In addition to providing products and services to the oil and gas industry and calcium chloride for diverse applications, TETRA is expanding into the low-carbon energy market with chemistry expertise, key mineral acreage, and global infrastructure, helping to meet the demand for sustainable energy in the twenty-first century. Visit the Company's website at www.onetetra.com for more information.
Cautionary Statement Regarding Forward Looking Statements
This press release includes certain statements that are deemed to be forward-looking statements. Generally, the use of words such as "may," "see," "expectation," "expect," "intend," "estimate," "projects," "anticipate," "believe," "assume," "could," "should," "plans," "targets" or similar expressions that convey the uncertainty of future events, activities, expectations or outcomes identify forward-looking statements that the Company intends to be included within the safe harbor protections provided by the federal securities laws. These forward-looking statements include statements regarding the Company's beliefs, expectations, plans, goals, future events and performance, and other statements that are not purely historical. These forward-looking statements are based on certain assumptions and analyses made by the Company, input received from outside expertized service providers, as well as its experience and its perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. Such statements are subject to a myriad of risks and uncertainties, many of which are beyond the control of the Company. Investors are cautioned that any such statements are not guarantees of future performance or results and that actual results or developments may differ materially from those projected in the forward-looking statements. Some of the factors that could affect actual results are described in the section titled "Risk Factors" contained in the Company's Annual Report on Form 10-K, as well as other risks identified from time to time in its reports on Form 10-Q and Form 8-K filed with the
Important Additional Information
The Company intends to file a proxy statement and proxy card with the SEC in connection with the solicitation of proxies for the Annual Meeting. SHAREHOLDERS OF THE COMPANY ARE STRONGLY ENCOURAGED TO READ SUCH PROXY STATEMENT, ACCOMPANYING PROXY CARD AND ALL OTHER DOCUMENTS FILED WITH, OR FURNISHED TO, THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE ANNUAL MEETING. Shareholders will be able to obtain the Company's proxy statement, any amendments or supplements to the proxy statement and other documents filed by the Company with the SEC at no charge at the SEC's website at www.sec.gov. Copies will also be available at no charge at the Company's website at https://ir.onetetra.com/annual-shareholder-meeting.
Participant Information
For participant information, see the Company's soliciting material filed as "DEFA14A" with the SEC on March 25, 2025, and available here.
View original content to download multimedia:https://www.prnewswire.com/news-releases/tetra-technologies-inc-announces-withdrawal-of-investor-group-nominees-302419431.html
SOURCE TETRA Technologies, Inc.
FAQ
What is the impact of the investor group's withdrawal of nominees on TTI's 2025 Annual Meeting?
How many director nominees did the Brad Radoff-led investor group withdraw from TTI's board election?
What are the main business segments of TETRA Technologies (TTI)?
What is TETRA Technologies' (TTI) strategy in the low-carbon energy market?
