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  "docId": "019de074-6360-7478-ba82-93d55d903df5",
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  "documentTitle": "Sarissa Capital | Activist Presentation Deck | 18 slides",
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  "authorName": "Sarissa Capital",
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  "presentationDate": "2023-02-01 00:00:00",
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  "nDataPoints": 6,
  "notes": "Uses a 'burning money' icon to emphasize waste.",
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  "slideHref": "/slides/019de074-6360-7478-ba82-93d55d903df5/9",
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      "kind": "callout",
      "text": "Amarin board claimed that spending >$7 M for this campaign was necessary given the “diffuse shareholder base.” Conversely, Sarissa has spent approximately $1 M and has effectively communicated with shareholders. Either Amarin does not know how to spend money efficiently or does not care about shareholders’ money",
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      "text": "Burning money icon",
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      "kind": "paragraph",
      "text": "Amarin DEFC14A (1/31/2023): ...additional out-of-pocket expenses will be $7,350,000 in the aggregate, of which approximately $4,315,000 has been spent to date.",
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      "kind": "paragraph",
      "text": "Sarissa DEFC14A (1/31/2023): ...expenditures in furtherance of, or in connection with, the solicitation of proxies is approximately $250,000 to date, and is estimated to be approximately $1,250,000 in total.",
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      "kind": "source-note",
      "text": "Sources: Amarin and Sarissa Definitive Proxies filed January 31, 2023; Amarin Board and Management Webcast February 14, 2023",
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      "text": "Comparison table of Spent to date, Total expected spend, and Money being spent for Sarissa vs Amarin.",
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      "kind": "title",
      "text": "Amarin spending >$7 million of shareholder money to keep its largest shareholder off the board",
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