Workflow
NV5 GLOBAL BUYOUT INVESTIGATION ALERT: Kaskela Law LLC Announces Investigation into Proposed Buyout of NV5 Global, Inc. (NASDAQ: NVEE) Shareholders - Does $23.00 Per Share Represent Sufficient Consideration for GES Shares?
NV5NV5(US:NVEE) Prnewswire·2025-07-07 23:58

Core Viewpoint - Kaskela Law LLC has initiated an investigation into the fairness of the proposed buyout of NV5 Global, Inc. to assess whether the buyout price adequately reflects the company's value [1][3]. Group 1: Buyout Details - NV5 announced an agreement to be acquired by Acuren Corporation at a price of $23.00 per share, which includes $10.00 in cash and $13.00 in Acuren's stock [2]. - Following the transaction's completion, NV5's shareholders 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 NV5's investors are receiving sufficient financial consideration for their shares and whether the company's officers or directors violated fiduciary duties or securities laws in agreeing to the buyout price [3]. - At the time of the announcement, at least one stock analyst had a price target of $28.00 per share for NV5, indicating a potential undervaluation in the proposed buyout [3].