On June 13, 2022, Pale Fire Capital SE announced that it has entered into a cooperation agreement with Groupon, Inc. Pale Fire Capital stated that pursuant to the cooperation agreement, immediately following the Company's 2022 annual meeting of stockholders scheduled to be held on June 15, 2022, the Company would (i) increase the size of its Board of Directors to 9 directors and (ii) (a) appoint Dusan Senkypl to the Board to serve as a new director and (b) appoint Jan Barta to initially serve as a Board observer and then as a new director by November 30, 2022. Pale Fire Capital added that until the termination date, the Company also agreed not to increase the size of the Board beyond 10 members or seek to classify the Board without Pale Fire Capital's consent.