>>medler+(OP)
The board seems truly incompetent here and looking at the member list it doesn't seem very surprising. A competent board should have asked for legal and professional advice before taking a drastic step like this. Instead the board thought it was a boxing match and tried to deliver a knockout punch before the market closes with blunt language. This might be the most incompetent board for an organisation of this size.
>>yathai+Iq
Typically it would be framed amicably, without so much axe-grinding, particularly for public release. Even ChatGPT itself would have written a more balanced release, and advised against such shenanigans. I enjoy that irony.