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  "documentTitle": "Boot Barn Holdings, Inc. (BOOT)",
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  "authorName": "Spruce Point Capital Management",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-05-08 00:00:00",
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  "notes": "Uses screenshots of a corporate bio and a short-seller report to establish a conflict of interest or lack of oversight.",
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      "text": "Spruce Point expresses concerns that BOOT's Audit Chair is Brenda I. Morris who also serves as Independent Director and Audit Chair of Xponential Fitness (Nasdaq: XPOF) since 2019.",
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      "text": "Screenshot of Brenda Morris's professional biography",
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      "text": "Spruce Point expresses concerns that BOOT's Audit Chair is Brenda I. Morris who also serves as Independent Director and Audit Chair of Xponential Fitness (Nasdaq: XPOF) since 2019. On June 27, 2023, Fuzzy Panda Research issued a report entitled \"Xponential Fitness (XPOF) – \"Abusive Franchisor That Is A House of Cards\" which alleged that the founder and CEO Anthony Geisler has a long history of misleading investors and business partners and that it is hiding the fact that many of its brands and franchisees are struggling; the stock has lost 50% of its value since. Her last CFO role was Apex Parks Group which filed for bankruptcy shortly after her departure. Her biography also fails to disclose that she is serving on the Board of iHerb LLC.",
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      "text": "Xponential Fitness (XPOF) – \"Abusive Franchisor That Is A House of Cards\" — Fuzzy Panda Research",
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      "text": "Source: BOOT website and proxy statement, XPOF proxy statement, Fuzzy Panda Research,. Apex Parks Group Bankruptcy, iHerb LLC role and LinkedIn biography",
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      "text": "Spruce Point Has Serious Concerns About Audit Chair Brenda Morris",
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