CPTN Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Cepton to Koito Manufacturing

MONSEY, N.Y. , July 29, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Cepton, Inc. (Nasdaq: CPTN) ("Cepton") to Koito Manufacturing ("Koito") for $3.17 per share in cash. The sales price is below the price targets of $14.00 per share of Tom Narayan of RBC Capital, and $10.00 per share of Gus Richard of Northland Securities. It is also below Cepton's 52-week high of $8.90 per share. If you remain a Cepton shareholder and question the fairne ...