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MGRM
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MONOGRAM TECHNOLOGIES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Monogram Technologies Inc. - MGRM

1. Monogram Technologies Inc. is proposed to be sold to Zimmer Biomet. 2. Shareholders will receive $4.04 per share upfront and contingent value. 3. Investigation into whether sale undervalues the company is underway. 4. A lawsuit or legal action may be prompted by shareholders. 5. Future cash benefits depend on achieving specific milestones by 2030.

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FAQ

Why Bearish?

The investigation into undervaluation may deter investor confidence and lead to lower prices.

How important is it?

The proposed sale news is directly related to MGRM’s valuation and its investor appeal.

Why Short Term?

Immediate scrutiny can affect MGRM’s stock price quickly, especially before the deal closes.

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- NEW YORK CITY & 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 Monogram Technologies Inc. (NasdaqCM: MGRM) to Zimmer Biomet Holdings, Inc. (NYSE: ZBH). Under the terms of the proposed transaction, shareholders of Monogram will receive an upfront payment of $4.04 per share in cash, and a non-tradeable contingent value right entitling the holder to receive up to $12.37 per share of common stock in cash if certain product development, regulatory and revenue milestones are achieved through 2030. 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/nasdaqcm-mgrm/ 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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