Voss Capital, LLC

Voss Capital, LLC has demonstrated a strong buying bias in recent months, with no sell transactions reported across its 29 trades in SEC Form 4 filings. The firm has concentrated its purchases in three companies: PAR Technology Corporation (PAR), Flywire Corporation (FLYW), and Renovacor, Inc. (RNTX). The bulk of its activity has centered on PAR, with purchases totaling over $26.4 million since late 2025, including a single $5.36 million acquisition on December 30, 2025, and multiple seven-figure transactions in early 2026, such as a $3.59 million buy on February 3 and a $2.67 million purchase on January 27. FLYW has also seen significant investment, including a $2.56 million purchase on December 30, 2025, and a $274,795 acquisition as recently as February 13, 2026. The firm’s earliest disclosed trades involved RNTX, with smaller purchases in late 2025, including a $247,965 transaction on October 28. However, Voss Capital’s focus has clearly shifted toward PAR and FLYW in recent months, with no RNTX trades reported since November 2025. The absence of any sales suggests a buildup of positions, particularly in PAR, which accounts for the majority of the firm’s recent investment activity. The consistency in buying—spanning from late 2025 through mid-February 2026—indicates a sustained accumulation strategy across these holdings.