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BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Siyata Mobile Inc. (Nasdaq - SYTA), Bridge Investment Group Holdings Inc. (NYSE - BRDG), Nevro Corp. (NYSE – NVRO), 180 Degree Capital Corp. (Nasdaq – TURN)
GMEDGlobus Medical(GMED) Newsfilter·2025-02-26 22:52

Mergers and Acquisitions - Siyata Mobile Inc. will be acquired by Core Gaming, with an exchange ratio based on a valuation of 160milliondividedbythevolumeweightedaverageclosingpriceofSiyatassharesoverthepreceding10days[2]BridgeInvestmentGroupHoldingsInc.willbeacquiredbyApollo,withshareholdersreceiving0.07081sharesofApollostockforeachshareofBridge,valuedat160 million divided by the volume-weighted average closing price of Siyata's shares over the preceding 10 days [2] - Bridge Investment Group Holdings Inc. will be acquired by Apollo, with shareholders receiving 0.07081 shares of Apollo stock for each share of Bridge, valued at 11.50 per share [4] - Nevro Corp. will be acquired by Globus Medical for 5.85pershare,representingatotalequityvalueofapproximately5.85 per share, representing a total equity value of approximately 250 million [6] - 180 Degree Capital Corp. will merge with Mount Logan Capital Inc., with estimated post-merger ownership of approximately 40% for 180 Degree shareholders and 60% for Mount Logan shareholders [8] Investigations - Investigations are ongoing regarding whether the boards of Siyata, Bridge, Nevro, and 180 Degree breached their fiduciary duties by failing to conduct fair processes and whether shareholders are receiving fair value for their shares [2][4][6][8]