Beyond (BYON), tZERO’s largest equity holder, announced it has sent a follow-up letter to tZERO’s board and management urging specific actions to capitalize on market conditions. In the letter, Beyond’s executive chairman Marcus Lemonis recommended prioritized actions including filing a shelf registration, restructuring the board, finding global partners, advancing its Layer 2 strategy, launching a marketing initiative, and converting their security token, tZERO (TZROP), into equity.
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