Kaskela Law LLC is investigating Innovid Corp. (NYSE: CTV) (“Innovid”) on behalf of the company’s shareholders.
On November 21, 2024, Innovid announced that it would be acquired by Mediaocean at a price of $3.15 per share. Following the closing of the proposed transaction, Innovid investors will be cashed out of their investment position and the company’s shares will no longer be publicly traded.
The investigation seeks to determine whether the proposed $3.15 per share buyout price provides fair and sufficient value to Innovid shareholders for their CVT shares, and whether Innovid’s directors breached their fiduciary duties or violated the securities laws in agreeing to sell the company to Mediaocean.
Innovid shareholders who believe the buyout price is too law are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by completing the form on this page, to receive additional information about this investigation and their legal rights and options.
CONTACT:
KASKELA LAW LLC
D. Seamus Kaskela, Esq.
([email protected])
Adrienne Bell, Esq.
([email protected])
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 – 1740
(484) 229 – 0750