InsideArbitrage Potential Deal Alert: Cybersecurity firm OneSpan (OSPN) explores sale

  • March 2, 2023


StockOneSpan Inc.SymbolOSPN
Date Announced03/02/2023Source Reuters
TypeNews Report

According to Reuters, OneSpan (OSPN), a U.S. cybersecurity tools vendor that has become the target of activist hedge funds such as Legion Partners Asset Management, is exploring options that include a sale of the company.


August 14, 2023: According to a letter Legion Partners ( which owns an 8.7% stake in OneSpan) wrote to the board said OneSpan should pursue a sale.


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