Kaskela Law LLC Announces Investigation of Thoughtworks Holdings, Inc. (TWKS) Proposed $4.40 Per Share Shareholder Buyout and Encourages Investors to Contact the Firm

Core Viewpoint - Kaskela Law LLC is investigating the proposed buyout of Thoughtworks Holding, Inc. to assess whether shareholders are receiving adequate compensation and if there were any breaches of fiduciary duties by the company's officers or directors [1][3]. Summary by Sections Proposed Buyout Details - On August 5, 2024, Thoughtworks announced an agreement to be acquired by Apax Partners LLP affiliates at a cash price of $4.40 per share [2]. - Following the transaction's closure, Thoughtworks' shares will no longer be publicly traded, and current shareholders will be cashed out [2]. Investigation Focus - The investigation aims to determine if the buyout price of $4.40 per share is sufficient, especially since analysts had set price targets for TWKS shares at or above $6.00 prior to the announcement [3]. - The inquiry will also explore potential breaches of fiduciary duties or violations of securities laws by the company's leadership in agreeing to the buyout price [3]. Shareholder Communication - Thoughtworks' shareholders are encouraged to reach out to Kaskela Law LLC for more information regarding their legal rights and options related to the investigation [4].