Cepton, Inc. Stockholders with Large Losses are Encouraged to Contact Robbins LLP for Information About the Class Action Against CPTN

Core Viewpoint - Cepton, Inc. is facing a class action lawsuit alleging that it misled investors regarding its acquisition by Koito Manufacturing Co., Ltd., which may have deprived shareholders of a better offer [2][4]. Company Overview - Cepton, Inc. was focused on high-performance lidar technologies aimed at enhancing safety and autonomy in the Automotive and Smart Infrastructure markets prior to its merger with Koito Manufacturing Co., Ltd. [1]. Acquisition Details - Koito announced a bid to acquire Cepton for $3.17 per share in cash, with the transaction closing on January 7, 2025 [3]. Allegations in the Lawsuit - The lawsuit claims that Cepton failed to disclose a credible third-party bid that valued the company at more than double the Koito acquisition price [4]. - It is alleged that Cepton's Board of Directors did not adequately explore this third-party offer and did not disclose its terms when recommending the Koito acquisition to shareholders [4]. - As a result, shareholders were allegedly deprived of the opportunity to make an informed decision regarding the acquisition [4]. Class Action Participation - Shareholders interested in participating as lead plaintiffs in the class action must file their papers by December 8, 2025 [5].