Core Viewpoint - Johnson Fistel, PLLP has initiated an investigation into OneStream, Inc. regarding potential breaches of fiduciary duties by its board members in relation to a proposed take-private transaction valued at approximately $6.4 billion [1][2]. Group 1: Transaction Details - OneStream has approved a take-private transaction in an all-cash deal valued at around $6.4 billion, with public shareholders set to receive $24.00 per share [2]. - The transaction will involve the monetization of existing ownership interests, including those held by certain large stockholders [2]. Group 2: Investigation Focus - The investigation by Johnson Fistel aims to determine if the process leading to the transaction was fair to public shareholders [2]. - It will also assess whether any officers, directors, or affiliated parties may receive benefits that are not proportionately shared with other investors [2]. Group 3: Shareholder Participation - Shareholders of OneStream who believe the proposed transaction may not fully reflect the company's value are encouraged to participate in the investigation [3].
Johnson Fistel Investigates OneStream, Inc. (OS) Shareholders' Rights Following Board Approval of $24.00 Take-Private Transaction