GLENBROOK CROSSES 30% OWNERSHIP OF SENESTECH
PR Newswire•19/10/2026•15:00 ET
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Key Highlights
- ➤Glenbrook ownership exceeds 30% of SenesTech’s outstanding common shares
- ➤SenesTech Q3 topline growth reached 40%, with a $4 million run rate
- ➤Glenbrook prioritizes minimizing equity dilution and capital discipline
- ➤Glenbrook retained Sandstrom Partners to advise SenesTech on branding and marketing
- ➤Glenbrook may increase its SenesTech holdings subject to terms and market conditions
Expert Statements
Grover Wickersham, CEO of Glenbrook Capital Management
“We believe that constructive engagement can help strengthen the business further and create value.”
Grover Wickersham, CEO of Glenbrook Capital Management
“We may—or may not-- increase our holdings over time, opportunistically, since we believe that the Company is grossly undervalued considering the market opportunity.”
Grover Wickersham, CEO of Glenbrook Capital Management
“Our primary goal, however, is to minimize equity dilution, and all efforts should be addressed to this end going forward.”
Grover Wickersham, CEO of Glenbrook Capital Management
“We think a sharpened focus on capital discipline can benefit SenesTech and all of its shareholders.”
Glenbrook Believes Better Market Strategy and Sharpened Capitalization Focus Would Create Significant Upside
MINDEN, Nev., Oct. 19, 2026 /PRNewswire/ -- Glenbrook Capital Management ("Glenbrook"), a long-time shareholder of SenesTech, Inc. (NASDAQ: SNES) (the "Company") and owners of over 30% of outstanding shares of the Company, today issued the following letter.
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