EX-99.D 2 fp0092831-1_ex99d.htm

  

 

Gate City Capital Management, LLC

8725 West Higgins Road, Suite 530

Chicago, IL 60631

(312) 825-1228

 

March 26, 2025

 

VIA EMAIL AND CERTIFIED MAIL

Corporate Secretary

Saga Communications, Inc.

73 Kercheval Avenue

Grosse Pointe Farms, Michigan 48236

 

Re: Withdrawal of Intent to Nominate Directors at the Company’s 2025 Annual Meeting of Shareholders

 

To Whom It May Concern,

 

Gate City Capital Management, LLC (“Gate City”) formally withdraws our nominees for election as directors to the Board of Directors (the “Board”) of Saga Communications, Inc. (“Saga” or the “Company”) at the Company’s 2025 Annual Meeting of Shareholders. The Gate City nominees (the “Nominees”) were Michael T. Melby, Nicholas J. Bodnar, Ryan A. Hornaday, and Christopher T. Young. Please remove them from the proxy card. We will not run a proxy solicitation for these Nominees. Please reach out to our counsel with any questions.

 

Sincerely,

 

 

Michael Melby

Founder and Portfolio Manager

 

Cc: Saga Board of Directors
  Bradley J. Wyatt, Dickinson Wright PLLC