Globenewswireยท2025-11-24 14:20Core Viewpoint - Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Semrush Holdings, Inc. to Adobe for $12.00 per share, which is below market expectations and the company's recent performance [1][3]. Group 1: Sale Details - Semrush announced an agreement to be sold to Adobe for $12.00 per share in cash on November 20, 2025 [3]. - The sale price is lower than the $14.00 per share price target set by J.P. Morgan's Mark Murphy and significantly below Semrush's 52-week high of $18.74 per share [1][3]. Group 2: Investigation Purpose - The investigation aims to determine if the Semrush Board of Directors acted in the best interests of shareholders when approving the sale [4]. - It will assess whether the agreed price is fair and if all material information regarding the transaction has been fully disclosed [4].