Kaskela Law LLC is investigating Presto Automation Inc. (NASDAQ: PRST) on behalf of the company’s former employees.

On September 14, 2022, Ventoux CCM Acquisition Corp. (“Ventoux”), a publicly traded special purpose acquisition (“SPAC”) company, announced that Ventoux’s stockholders had approved of an acquisition of privately held E La Carte (d/b/a Presto) (“Legacy Presto”).  Ventoux also announced that, upon the closing of the acquisition, the combined company would be renamed Presto Automation Inc. and its common stock would start trading under ticker symbol NASDAQ: PRST.

In connection with the closing of the acquisition, many of Legacy Presto’s executives and employees had their previously held shares/stock options of privately held Legacy Presto converted into shares of publicly traded Presto Automation (NASDAQ: PRST). The investigation seeks to determine whether this share conversion was done in a fair manner and in accordance with the securities laws, or whether former Legacy Presto shareholders were financially harmed in connection with the conversion.

Former Legacy Presto employees who had their shares/stock options of privately held Legacy Presto converted into publicly traded shares of Presto Automation (NASDAQ: PRST) 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