Fintel reports that Toronado Partners has filed a 13G/A form with the SEC disclosing ownership of 2.64MM shares of Mitek Systems, Inc. (MITK). This represents 5.9% of the company.
https://www.nasdaq.com/articles/toronado-partners-now-owns-5.90-of-mitek-systems-mitk
Any thoughts on what this means for employees? Can this result in layoffs?