Wednesday, 17 July 2024 01:25 AM
Class Action
NEW YORK, NY / ACCESSWIRE / July 17, 2024 / Lifshitz Law Firm
Desktop Metal, Inc. (NYSE:DM)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the acquisition of DM by Nano Dimension Ltd. Under the terms of the agreement, Nano Dimension will acquire all outstanding shares of DM in an all-cash transaction for $5.50 per share, subject to possible downward adjustments to $4.07 per share. At $5.50 per share, the transaction represents a 27.3% premium to Desktop Metal's closing price and a 20.5% premium to the 30-day VWAP as of July 2, 2024, for total consideration of approximately $183 million, possibly down to $4.07 per share or $135 million in total.
If you are a DM investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].
Morphic Holding, Inc. (NASDAQ:MORF)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the acquisition of MORF by Eli Lilly & Co. Lilly will commence a tender offer to acquire all outstanding shares of MORF for a purchase price of $57 per share in cash (an aggregate of approximately $3.2 billion) payable at closing.
If you are a MORF investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].
Solaris Oilfield Infrastructure, Inc. (NYSE:SOI)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with SOI's acquisition of Mobile Energy Rentals. Under the terms of the agreement, SOI will acquire Mobile Energy Rentals for $200 million per share. Consideration for the transaction includes $60 million in cash and 16.5 million shares of Solaris Class B common stock to Mobile's founders and management team. The new company is being rebranded to Solaris Energy Infrastructure Inc.
If you are a SOI investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].
Envestnet, Inc. (NYSE:ENV)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the acquisition of ENV by Bain Capital. Under the terms of the agreement, Bain Capital will acquire ENV for $63.15 per share. Upon completion of the transaction, ENV's common stock will no longer be publicly listed, and ENV will become a privately held company.
If you are an ENV investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].
ATTORNEY ADVERTISING. © 2024 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516) 493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
CONTACT:
Joshua M. Lifshitz, Esq.
Lifshitz Law PLLC
Phone: 516-493-9780
Facsimile: 516-280-7376
Email:[email protected]
SOURCE: Lifshitz Law Firm