Ahead of two key investor votes, Hipgnosis Songs Fund has launched a ‘strategic review’ that will look to enhance shareholder value. While investors appeared poised to vote in favor of HSF’s continuation – the Fund has also teed up multiple executive pivots – Hipgnosis stock earlier this week plummeted to a record low following the abrupt cancellation of a previously announced dividend.
Source: Hipgnosis Launches ‘Strategic Review’ Ahead of Investor Meeting