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AVIDXCHANGE HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of AvidXchange Holdings, Inc. - AVDX

1. AVDX is being investigated for its sale to TPG at $10 per share. 2. KSF aims to assess if the sale undervalues AvidXchange. 3. Shareholders may challenge the adequacy of the proposed transaction.

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FAQ

Why Bearish?

The investigation may suggest potential undervaluation concerns, which could lead to selling pressure.

How important is it?

The ongoing investigation by KSF may indicate possible legal challenges affecting AVDX's valuation.

Why Short Term?

Immediate investor sentiment will likely react to the news and investigation results.

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TPGSNX
- NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of AvidXchange Holdings, Inc. (NasdaqGS: AVDX) to TPG Inc. (NasdaqGS: TPG). Under the terms of the proposed transaction, shareholders of AvidXchange will receive $10.00 in cash for each share of AvidXchange that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-avdx/ to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com. More News From Kahn Swick & Foti, LLC

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