Core Viewpoint - Kaskela Law LLC has initiated a shareholder investigation regarding the proposed buyout of Innovid Corp. by Mediaocean at a price of $3.15 per share, questioning the fairness of this valuation for Innovid shareholders [3]. Group 1: Buyout Details - Innovid announced on November 21, 2024, that it would be acquired by Mediaocean at a price of $3.15 per share [3]. - Following the completion of the transaction, Innovid shareholders will be cashed out and the company's shares will cease to be publicly traded [3]. Group 2: Legal Investigation - The investigation aims to determine if the buyout price of $3.15 per share is fair and sufficient for Innovid shareholders and whether the company's directors violated their fiduciary duties or securities laws in agreeing to the sale [1][3]. - Shareholders are encouraged to contact Kaskela Law LLC for more information regarding their legal rights and options [4].
BUYOUT INVESTIGATION NOTICE: Kaskela Law LLC Announces Investigation of Innovid Corp. (NYSE: CTV) Buyout and Encourages CTV Shareholders to Contact the Firm