OLO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Olo to Thoma Bravo

Core Viewpoint - Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Olo, Inc. to Thoma Bravo for $10.25 per share, which represents a 13.58% premium over the closing price prior to the announcement [1][3]. Group 1: Sale Details - Olo announced the agreement to be sold to Thoma Bravo on July 3, 2025, at a price of $10.25 per share in cash [3]. - The sale price reflects a premium of 13.58% compared to Olo's closing price on July 2, 2025 [3]. Group 2: Investor Sentiment - At least two investors have expressed disappointment regarding the sale price on SeekingAlpha, with comments indicating that the price is perceived as too low or inexpensive [3]. Group 3: Investigation Purpose - The investigation aims to determine if the Olo Board of Directors acted in the best interests of shareholders when approving the sale and whether the agreed price is fair [3]. - The investigation will also assess if all material information related to the transaction has been fully disclosed [3].