Activist investor Jana Partners urged Alkami Technology to initiate a formal sale process in late July. Following this pressure and interest from potential buyers, the digital banking software firm officially launched a sale process in early August. By August 11, reports confirmed that Alkami had put itself up for sale to explore acquisition opportunities.
The digital banking software firm is reportedly engaging potential buyers following pressure from Jana Partners to maximize shareholder value.
Read the full storyDigital banking software provider Alkami initiates formal sale proceedings following unsolicited interest and pressure from Jana Partners.
Activist investor Jana Partners has reportedly called on Alkami Technology to initiate a formal and organized sale process.