Soho House Evaluates ‘Strategic Transactions’; Shares Climb (1)

(Updates to include share move, buyback authorization and comment on 2024 guidance)

Soho House rises 14% premarket after the company says an earlier report by GlassHouse Research contains “factual inaccuracies, analytical errors, and false and misleading statements,” and that a committee evaluation may result in Soho House going private.

• Says board formed an independent committee in the fall of 2023 to evaluate strategic transactions, some of which may result in Soho House going private
  • Adds that no assurances can be given that the committee’s assessment will result in any change of strategy
• Company says it was not contacted for comment before the ...