Politan Capital Management Comments On Judge's Decision To Deny Masimo's Request For A Preliminary Injunction; Says Ruling Clears Way For The Shareholder Vote On Politan's Independent Nominees To Proceed On September 19

Author: Benzinga Newsdesk | September 12, 2024 09:47am

Judge Found that Masimo's Endless Array of Allegations Did Not Hold Up in Court

Ruling Clears Way for the Shareholder Vote to Proceed on September 19

Shareholders Can Vote for Politan's Independent Nominees, Darlene Solomon and William Jellison, on the WHITE Card and Can Visit www.AdvanceMasimo.com for Further Information

Politan Capital Management (together with its affiliates, "Politan"), an 8.9% shareholder of Masimo Corporation ("Masimo" or the "Company") (NASDAQ:MASI), issued the following statement regarding last night's ruling in California federal court denying Masimo's attempt to block Politan from voting the proxies it collects. The full opinion is currently under seal while determinations are made regarding redacting any confidential information it contains. The Company's 2024 Annual Meeting of Stockholders (the "Annual Meeting") is currently scheduled for September 19.

Posted In: MASI