NEW YORK, Sept. 15, 2023 (GLOBE NEWSWIRE) — Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies.
Moore Kuehn is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process:
- AgeX Therapeutics, Inc. (NYSE AMERICAN: AGE)
AgeX Therapeutics has agreed to merge with Serina Therapeutics. Under the proposed transaction, AgeX Therapeutics shareholders are expected to own approximately 25% of the combined company.
- Acer Therapeutics Inc. (NASDAQ: ACER)
Acer Therapeutics has agreed to merge with Zevra Therapeutics. Under the proposed transaction, Acer Therapeutics shareholders will receive 0.121 of a share of Zevra’s common stock and a non-transferable Contingent Value Right per share.
- NextGen Healthcare, Inc. (NASDAQ: NXGN)
NextGen Healthcare has agreed to merge with Thoma Bravo. Under the proposed transaction, NextGen Healthcare shareholders will receive $23.95 in cash per share.
- Summit Materials (NYSE: SUM)
Summit Materials has agreed to merge with Cementos Argos. Under the proposed transaction, Summit shareholders are expected to own approximately 69% of the combined company.
Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq. by email at firstname.lastname@example.org. The consultation and case are free with no obligation to you. Moore Kuehn pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Moore Kuehn is a 5-star Google client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please visit http://www.moorekuehn.com/practice/new-york-securities-litigation/.
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Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005