On June 11, 2025, Askeladden Capital Management LLC announced that it has issued an investor presentation with Shareholders of AstroNova Inc detailing the case for change at the Company, and as the presentation spells out, it believes that the Company is suffering from a comprehensive failure of governance by incumbent directors, which has led to severe and persistent shareholder value. In addition, Askeladden Capital stated that to address the challenges and built a better Company it urges the shareholders of the Company to support its board nominees Jeff Sands, Shawn Kravetz, Ryan Oviatt, Boyd Roberts and Samir Patel for election to the board of directors at the Company annual meeting of shareholders scheduled to be held on July 9, 2025.