Thoughtworks Holdings, Inc. (TWKS) Shareholder Buyout Investigation Announcement by Kaskela Law LLC: Investors Encouraged to Contact the Firm to Discuss their Legal Rights and Options with Respect to Proposed $4.40 Per Share Buyout Agreement

Core Viewpoint - Kaskela Law LLC is investigating the fairness of the proposed buyout of Thoughtworks Holding, Inc. at a price of $4.40 per share, questioning whether this price is fair to the company's investors [1][3]. Group 1: Buyout Details - On August 5, 2024, Thoughtworks announced an agreement to be acquired by Apax Partners LLP at a cash price of $4.40 per share [2]. - Following the transaction's closure, Thoughtworks' current stockholders will be cashed out, and the company's shares will cease to be publicly traded [2]. Group 2: Investigation Focus - The investigation aims to determine if Thoughtworks' executive officers and/or directors violated securities laws by agreeing to the buyout price of $4.40 per share [3]. - Prior to the buyout announcement, stock analysts had set price targets for TWKS shares at or above $6.00 per share, indicating a potential undervaluation of 45% compared to the agreed buyout price [3].