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ICAD INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of iCAD, Inc. - ICAD

1. iCAD's sale to RadNet is under investigation for adequacy of terms. 2. Shareholders will receive 0.0677 shares of RadNet per iCAD share.

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Why Bearish?

Investigations into proposed sales can indicate potential undervaluation or issues. Historical examples show that similar investigations negatively impacted stock prices temporarily.

How important is it?

The investigation suggests concerns over the fairness of the sale, impacting investor confidence. This could lead to more volatility in iCAD's stock price as stakeholders reassess its value.

Why Short Term?

The investigation could create uncertainty among investors leading to immediate price declines, though long-term impact depends on resolution.

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RDNT
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 iCAD, Inc. (NasdaqCM: ICAD) to RadNet, Inc. (NasdaqGM: RDNT). Under the terms of the proposed transaction, shareholders of iCAD will receive 0.0677 shares of RadNet for each share of iCAD that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequat.

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