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AVDX STOCKHOLDER NOTICE: Kaskela Law LLC Announces Investigation of AvidXchange Holdings, Inc. (NASDAQ: AVDX) Proposed Stockholder Buyout and Encourages Investors to Contact the Firm

1. Kaskela Law LLC is investigating AvidXchange's proposed buyout fairness. 2. AvidXchange will be acquired for $10 per share, closing public trading. 3. Some analysts projected a $15 price target for AvidXchange shares. 4. Investigation questions fiduciary duties of the company's directors. 5. Shareholders can seek legal advice for their options.

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FAQ

Why Bearish?

The investigation into the buyout may deter investor confidence. Historical cases show share prices often decline amidst legal scrutiny over acquisitions, especially when analysts project higher valuations.

How important is it?

The fairness investigation could lead to potential changes or complications in the buyout deal. This scenario can impact current investor decisions and necessitate reassessments of share value.

Why Short Term?

The immediate concern arises from the ongoing investigations and their potential effects on share trading. In past similar situations, share prices reacted quickly to legal investigations, with alterations in sentiments affecting short-term valuations.

Related Companies

TPGNASDAQ: AVDX
PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating the fairness of the recently announced proposed buyout of AvidXchange Holdings, Inc. (NASDAQ: AVDX) (“AvidXchange”) shareholders. Click here for additional information: https://kaskelalaw.com/case/avidxchange/. On May 6, 2025, AvidXchange announced that it had agreed to be acquired by an investment group led by private equity firm TPG at a price of $10.00 per share in cash. Following the closing of the proposed transaction, AvidXchange’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 AvidXchange’s investors will be receiving sufficient monetary 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 buyout price. Notably, at the time the proposed transaction was announced, at least two stock analysts were maintaining a $15.00 per share price target for AvidXchange’s shares. AvidXchange shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750 for additional information about this investigation and their legal rights and options. Alternatively, investors may submit their information to the firm by clicking on the following link (or if necessary, by copying and pasting the link into your browser): https://kaskelalaw.com/case/avidxchange/ 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. This notice may constitute attorney advertising in certain jurisdictions.

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