{"id":481655,"date":"2021-04-26T09:04:06","date_gmt":"2021-04-26T13:04:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-sonic-fund-ii-l-p-issues-presentation-correcting-adverums-misstatements\/"},"modified":"2021-04-26T09:04:06","modified_gmt":"2021-04-26T13:04:06","slug":"the-sonic-fund-ii-l-p-issues-presentation-correcting-adverums-misstatements","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-sonic-fund-ii-l-p-issues-presentation-correcting-adverums-misstatements\/","title":{"rendered":"The Sonic Fund II, L.P. Issues Presentation Correcting Adverum\u2019s Misstatements"},"content":{"rendered":"

<\/p>\n

The Sonic Fund II, L.P. Issues Presentation Correcting Adverum\u2019s Misstatements <\/b><\/p>\n

Highlights Numerous Mischaracterizations in Adverum\u2019s Recent Investor Presentation <\/i><\/p>\n

Sonic\u2019s Sole Aim in this Contest is for Adverum to Have Best Board Possible to Ensure Development and Approval of Company\u2019s Potentially Life-Changing Treatment<\/i><\/p>\n

Urges Stockholders to Vote on the GREEN Proxy Card Today to Elect Sonic\u2019s Three Independent Director Nominees to Drastically Improve Board <\/i><\/p>\n

HONOLULU–(BUSINESS WIRE<\/a>)–
\nThe Sonic Fund II, L.P. (\u201cSonic\u201d), which beneficially owns approximately 6.8% of the outstanding common stock of Adverum Biotechnologies, Inc. (NASDAQ: ADVM) (the \u201cCompany\u201d or \u201cAdverum\u201d), today issued a supplemental presentation detailing \u2013 and correcting \u2013 a number of the Company\u2019s recent misstatements. Sonic has nominated three independent, highly qualified director candidates \u2013 Jean Bennett, Jodi Cook and Herbert Hughes (the \u201cNominees\u201d) \u2013 for election to the Adverum Board of Directors (the \u201cBoard\u201d) at the 2021 Annual Meeting of Stockholders (the \u201c2021 Annual Meeting\u201d).\n<\/p>\n

\nThe presentation, entitled \u201cAdverum\u2019s Myths: Correcting the Record,\u201d is available at: https:\/\/www.saveadverum.com\/investor-materials<\/a>.\n<\/p>\n

Vote on the GREEN proxy card today<\/span><\/b><\/p>\n\n\n\n\n
\n

\nIf you have any questions regarding your GREEN<\/span><\/b> proxy card or need assistance in voting your shares, please contact\n<\/p>\n<\/td>\n<\/tr>\n

<\/tr>\n
\n

Saratoga Proxy Consulting, LLC
\n
520 8th Avenue
\n
New York, NY 10018
\n
Stockholders may call toll-free: (888) 368-0379
\n
Banks and brokers call: (212) 257-1311
\n
info@saratogaproxy.com<\/a><\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n

\n\u00a0\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210426005486\/en\/<\/a><\/span><\/p>\n

Investors:
\n<\/b>
Saratoga Proxy Consulting LLC
\n
John Ferguson \/ Ann Marie Mellone 212-257-1311
\n
jferguson@saratogaproxy.com<\/a> \/ amellone@saratogaproxy.com<\/a><\/p>\n

Media:
\n<\/b>
Sloane & Company
\n
Joe Germani \/ Sarah Braunstein
\n
jgermani@sloanepr.com<\/a> \/ sbraunstein@sloanepr.com<\/a><\/p>\n

KEYWORDS:<\/b> Hawaii United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Biotechnology Professional Services Health Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

The Sonic Fund II, L.P. Issues Presentation Correcting Adverum\u2019s Misstatements Highlights Numerous Mischaracterizations in Adverum\u2019s Recent Investor Presentation Sonic\u2019s Sole Aim in this Contest is for Adverum to Have Best Board Possible to Ensure Development and Approval of Company\u2019s Potentially Life-Changing Treatment Urges Stockholders to Vote on the GREEN Proxy Card Today to Elect Sonic\u2019s Three Independent Director Nominees to Drastically Improve Board HONOLULU–(BUSINESS WIRE)– The Sonic Fund II, L.P. (\u201cSonic\u201d), which beneficially owns approximately 6.8% of the outstanding common stock of Adverum Biotechnologies, Inc. (NASDAQ: ADVM) (the \u201cCompany\u201d or \u201cAdverum\u201d), today issued a supplemental presentation detailing \u2013 and correcting \u2013 a number of the Company\u2019s recent misstatements. Sonic has nominated three independent, highly qualified director candidates \u2013 Jean Bennett, … <\/p>\n

Continue reading “The Sonic Fund II, L.P. Issues Presentation Correcting Adverum\u2019s Misstatements”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-481655","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nThe Sonic Fund II, L.P. Issues Presentation Correcting Adverum\u2019s Misstatements - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-sonic-fund-ii-l-p-issues-presentation-correcting-adverums-misstatements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Sonic Fund II, L.P. Issues Presentation Correcting Adverum\u2019s Misstatements - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"The Sonic Fund II, L.P. Issues Presentation Correcting Adverum\u2019s Misstatements Highlights Numerous Mischaracterizations in Adverum\u2019s Recent Investor Presentation Sonic\u2019s Sole Aim in this Contest is for Adverum to Have Best Board Possible to Ensure Development and Approval of Company\u2019s Potentially Life-Changing Treatment Urges Stockholders to Vote on the GREEN Proxy Card Today to Elect Sonic\u2019s Three Independent Director Nominees to Drastically Improve Board HONOLULU–(BUSINESS WIRE)– The Sonic Fund II, L.P. (\u201cSonic\u201d), which beneficially owns approximately 6.8% of the outstanding common stock of Adverum Biotechnologies, Inc. (NASDAQ: ADVM) (the \u201cCompany\u201d or \u201cAdverum\u201d), today issued a supplemental presentation detailing \u2013 and correcting \u2013 a number of the Company\u2019s recent misstatements. 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