Announcement • Sep 02
Symbolic Logic, Inc. Announces Executive Changes Symbolic Logic, Inc. announced that on August 26, 2022 (Resignation Date), Matthew Stecker resigned as the company’s Chief Executive Officer. In connection with the Resignation, the Company and Mr. Stecker entered into an Employee Separation Agreement and Mutual General Release on August 26, 2022 (Release Agreement). Pursuant to the terms of the Release Agreement, Mr. Stecker’s last day of employment with the Company was August 26, 2022. Mr. Stecker will continue to serve on the Company’s board of directors. Mr. Stecker has also agreed to provide certain services to the Company until December 31, 2022. On August 26, 2022, the Company appointed Igor Volshteyn as its Chief Executive Officer. Igor Volshteyn, age 45, has served as a member of the company’s board of directors since January 2022, and as chair of the Investment Committee since his appointment. Mr. Volshteyn currently serves as President, Chief Executive Officer and a director of CCUR Holdings, Inc., having previously served as interim Chief Operating Officer and President, and Senior Vice President of Business Development since 2019. Since August 2022, Mr. Volshteyn has served as a director of SeaChange International, Inc., where he chairs the Audit Committee. From August 2020 through November 2021, Mr. Volshteyn served as Chief Financial Officer and a director of Spartacus Acquisition Corporation. Mr. Volshteyn began his career as a research analyst and investment banker at Tejas Securities Group, Inc. and has over 20 years of experience in the investment management industry. Mr. Volshteyn served as the Managing Partner and Chief Investment Officer at Echelon Investment Partners LP from May 2016 to December 2018 and as an analyst and portfolio manager at Millennium Management from July 2007 to March 2016. From August 2019 to February 2020, Mr. Volshteyn served on the board of directors for Goodman Networks, Inc. He graduated with a Bachelor of Business Administration in Finance, with higher honors, from the University of Texas at Austin. Announcement • Jul 12
Karen Singer Provides Information to the Shareholders On July 11, 2022, Karen Singer announced that that Singer, as Trustee of the Singer Children’s Management Trust, has entered into a non-binding term sheet to transfer all of the Trust’s shares of Symbolic Logic, Inc’s common stock to CCUR Holdings, Inc. in exchange for certain securities of CCUR. The Trust expects that the transfer and exchange will close by July 31, 2022. Singer continues to believe that the Company’s cost structure would be more favorable if it were no longer a public company, which could lead to a significant improvement in stockholder value. Accordingly, Singer encourages the Company to explore all options related to the de-registration of its common stock. Announcement • Jul 02
Karen Singer Discloses her Views on Symbolic Logic On June 30, 2022, Karen Singer expressed her views that Symbolic Logic, Inc.’s cost structure would be more favorable if it were no longer a public Company, which could lead to a significant improvement in stockholder value. Karen Singer also stated that accordingly, she encourages the Company to explore all options related to the de-registration of its common stock.