NEW YORK, Jan. 29, 2023 (GLOBE NEWSWIRE) — Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies:
- Akerna Corp. KERN
Akerna has agreed to merge with Gryphon Digital Mining. Under the proposed transaction, current Akerna shareholders are expected to own only about 7.5% of the combined company.
- Concert Pharmaceuticals, Inc. CNCE
Concert Pharmaceuticals has agreed to merge with Sun Pharmaceutical. Under the proposed transaction, Concert Pharmaceuticals shareholders will receive $3.50 in cash per share.
- Evoqua AQUA
Evoqua has agreed to merge with Xylem. Under the proposed transaction, Evoqua shareholders will receive 0.480 shares of Xylem per share.
- Angion Biomedica Corp ANGN
Angion Biomedica has agreed to merge with Elicio Therapeutics. Under the proposed transaction, Angion Biomedica shareholders are expected to own approximately 34.5% of the combined company.
Moore Kuehn is investigating whether the Boards of the above companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process.
Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq. by email at email@example.com. The consultation and case are free with no obligation to you. Moore Kuehn pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Moore Kuehn is a 5-star Google client-rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please visit http://www.moorekuehn.com/practice/new-york-securities-litigation/.
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Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
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