On August 17, 2023, Steven R. Boal announced that he has issued letter to the Board of Directors of Quotient Technology, Inc. After considering recent disclosures by the Company, Steven R. Boal expressed his opposition to the Companies' proposed merger and proposed executive compensation plan for some reasons and urged shareholders to vote against the proposed merger unless the terms materially improve. Steven R. Boal added that board has the experience necessary to protect stockholders' interests and run an unbiased and comprehensive review of strategic alternatives, including recruiting competent leadership to capitalize on the forecasted strong cashflows to enhance the current product and partnership portfolio.