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AMPS SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Altus Power, Inc. (NYSE: AMPS) Proposed $5.00 Per Share Buyout Offer and Encourages Investors to Contact the Firm

1. Altus Power agrees to be acquired by TPG at $5.00 per share. 2. Investigation on fairness of buyout price due to analyst's higher targets. 3. Analysts maintained price targets above $5.00, with one at $7.00. 4. Shareholders might not receive fair value for their shares. 5. Kaskela Law LLC is investigating potential fiduciary duty breaches.

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FAQ

Why Bearish?

The proposed buyout price is below analyst targets, indicating potential undervaluation. Similar situations led to previous share price adjustments following investigations.

How important is it?

The investigation directly questions the fairness of the buyout, impacting shareholder opinions and stock value. Stakeholders may become more cautious, influencing AMPS price.

Why Short Term?

The immediate concerns regarding the buyout investigation could lead to market reactions. In past cases, legal investigations often affect stock prices in the short term.

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TPG
PHILADELPHIA, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating the fairness of the recently announced proposed buyout of Altus Power, Inc. (“Altus Power”) (NYSE: AMPS) shareholders. Additional information: https://kaskelalaw.com/case/altus-power/ On February 5, 2025, Altus Power announced that it had agreed to be acquired by investment firm TPG at a price of $5.00 per share in cash. Following the closing of the proposed transaction, Altus Power’s shareholders will be cashed out of their investment position and the company’s shares will no longer be publicly traded. The investigation seeks to determine whether Altus Power’s shareholders will be receiving sufficient consideration for their shares, and whether the company’s officers and/or directors breached their fiduciary duties or violated the securities laws in agreeing to the $5.00 per share buyout price. Notably, at the time the proposed transaction was announced, several stock analysts were maintaining price targets on the company’s shares above $5.00 per share, with at least one analyst assigning a recent price target of $7.00 per share. Altus Power shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) for additional information about this investigation and their legal rights and options at (484) 229 – 0750. Alternatively, investors may submit their information to the firm by clicking on the following link (or by copying and pasting the link into your browser): https://kaskelalaw.com/case/altus-power/ Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis, which means that the firm’s clients never pay any out-of-pocket costs for legal representation. For additional information about Kaskela Law LLC, including the firm’s recent notable recoveries for investors, please visit www.kaskelalaw.com. CONTACT: KASKELA LAW LLC D. Seamus Kaskela, Esq.Adrienne Bell, Esq.18 Campus Blvd., Suite 100Newtown Square, PA 19073(888) 715 – 1740(484) 229 – 0750www.kaskelalaw.com This notice may constitute attorney advertising in certain jurisdictions.

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