CoreCard Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CoreCard Corporation - CCRD
Businesswire·2025-10-06 21:36

Core Transaction Overview - The proposed sale of CoreCard Corporation (NYSE: CCRD) to Euronet Worldwide, Inc. (NasdaqGS: EEFT) involves an exchange of CoreCard shares for Euronet shares based on a calculated exchange ratio [1] - The exchange ratio will range from 0.2783 to 0.3142, depending on the Final Euronet Stock Price, which is determined by the volume weighted average share price over a specified trading period [1] - CoreCard shareholders will receive 0.3142 Euronet shares if the Final Euronet Stock Price is at or below $95.48, and 0.2783 Euronet shares if the price is at or above $107.80 [1] Legal Investigation - Kahn Swick & Foti, LLC (KSF) is investigating whether the proposed transaction adequately values CoreCard and the process leading to this valuation [1] - The investigation is led by former Louisiana Attorney General Charles C. Foti, Jr., Esq., indicating a focus on potential undervaluation of the company [1]