Kaskela Law LLC announces that it is investigating the fairness of the recently announced proposed buyout of AvidXchange Holdings, Inc. (NASDAQ: AVDX) (“AvidXchange”) shareholders.
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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 sharein 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 shareprice 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):
Kaskela Law LLCexclusivelyrepresents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis, which means that the firm's clientsneverpay 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 visitwww.kaskelalaw.com.
CONTACT:
KASKELA LAW LLCD. Seamus Kaskela, Esq.(skaskela@kaskelalaw.com)Adrienne Bell, Esq.(abell@kaskelalaw.com)18 Campus Blvd., Suite 100Newtown Square, PA 19073(484) 229 – 0750(888) 715 – 1740 www.kaskelalaw.com
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SOURCE Kaskela Law LLC
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