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SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates VTS, AVTE, MHLD, IPG on Behalf of Shareholders

1. Vitesse Energy's merger with Lucero Energy is under legal investigation. 2. The merger involves the issuance of 8,175,000 shares to Lucero shareholders. 3. Vitesse shareholders will own around 80% of the new entity after the merger. 4. Legal rights and options for Vitesse shareholders are being explored. 5. Halper Sadeh LLC may seek increased benefits for shareholders.

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FAQ

Why Neutral?

While the merger's structure is significant, legal investigations often lead to minor volatility but usually do not severely impact long-term stock price unless major issues arise, as seen in companies like Tesla with shareholder lawsuits.

How important is it?

The article discusses crucial legal issues regarding Vitesse's merger, which may influence investor perception and stock performance.

Why Short Term?

The current investigation may create immediate market reactions but is unlikely to substantially affect the merger's outcomes in the long run, similar to previous cases where investigations resolved without major repercussions.

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VTSAVTEMHLDIPG
NEW YORK, Jan. 24, 2025 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Vitesse Energy, Inc. (NYSE: VTS)'s merger with Lucero Energy Corp. In connection with the proposed transaction, Vitesse is expected to issue 8,175,000 shares of common stock to Lucero shareholders. Upon closing, Vitesse shareholders are expected to own approximately 80% of the combined company. If you are a Vitesse shareholder, click here to learn more about your legal rights and options. Aerovate Therapeutics, Inc. (NASDAQ: AVTE)'s merger with Jade Biosciences. Upon closing of the proposed transaction, Aerovate stockholders are expected to own approximately 1.6% of the combined company. If you are an Aerovate shareholder, click here to learn more about your legal rights and options. Maiden Holdings, Ltd. (NASDAQ: MHLD)'s merger with Kestrel Group LLC. If you are a Maiden shareholder, click here to learn more about your legal rights and options. The Interpublic Group of Companies, Inc. (NYSE: IPG)'s sale to Omnicom for 0.344 Omnicom shares for each share of Interpublic common stock. If you are an Interpublic shareholder, click here to learn more about your legal rights and options. Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected]. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information:Halper Sadeh LLCDaniel Sadeh, Esq.Zachary Halper, Esq.(212) 763-0060[email protected][email protected] https://www.halpersadeh.com SOURCE Halper Sadeh LLP

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