StockNews.AI
AVDX
StockNews.AI
76 days

AVIDXCHANGE SHAREHOLDER NOTICE: Kaskela Law LLC Announces Investigation into Fairness of AvidXchange Holdings, Inc. (NASDAQ: AVDX) Proposed Shareholder Buyout and Encourages Investors to Contact the Firm

1. Kaskela Law is investigating AvidXchange's proposed buyout fairness. 2. AvidXchange agreed to be acquired for $10.00 per share. 3. At least two analysts had a $15.00 per share target. 4. Shareholders may not receive fair compensation in the buyout. 5. Concerns over potential fiduciary breaches by AvidXchange's leadership.

5m saved
Insight
Article

FAQ

Why Bearish?

The proposed buyout price of $10 is significantly below analysts' targets, indicating potential undervaluation.

How important is it?

The investigation highlights potential undervaluation risks, impacting shareholder sentiment and future negotiations.

Why Short Term?

As the investigation unfolds, immediate market reactions may drive AVDX's stock price volatility.

Related Companies

TPGNASDAQSYF
, /PRNewswire/ -- 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 about your legal rights and options: 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.  CONTACT:  KASKELA LAW LLC D. Seamus Kaskela, Esq. ([email protected]) Adrienne Bell, Esq. ([email protected]) 18 Campus Blvd., Suite 100 Newtown Square, PA 19073 (484) 229 - 0750 (888) 715 - 1740 www.kaskelalaw.com  This notice may constitute attorney advertising in certain jurisdictions.  SOURCE Kaskela Law LLC WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News