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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. AvidXchange is proposed to be acquired at $10.00 per share. 2. Kaskela Law is investigating the fairness of this acquisition. 3. Analysts previously set a $15.00 price target for AVDX shares. 4. Concerns exist about potential breaches of fiduciary duties. 5. Shareholders will be cashed out post-transaction; shares won't trade publicly.

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FAQ

Why Bearish?

The proposed buyout price of $10.00 is significantly below analyst targets, indicating potential undervaluation. Historical similar situations have led to shareholder dissatisfaction and subsequent market reactions.

How important is it?

Legal investigations can significantly affect shareholder sentiment and subsequent stock prices. The disparity between the buyout offer and analyst projections suggests a potential undervaluation, heightening investor concerns.

Why Short Term?

The immediate reaction from the market will likely occur as the buyout news unfolds. Legal investigations can prolong uncertainty, but the deal's structure will prompt quick investor actions.

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TPGAVDX
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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