INSTRUCTURE SHAREHOLDER NOTICE: Instructure Holdings, Inc. (NYSE: INST) Shareholder Investigation Announced by Kaskela Law LLC - INST
INSTRUCTURE SHAREHOLDER NOTICE: Instructure Holdings, Inc. (NYSE: INST) Shareholder Investigation Announced by Kaskela Law LLC - INST
PHILADELPHIA, Aug. 20, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating the recently announced proposed buyout of Instructure Holdings, Inc. (NYSE: INST) ("Instructure") shareholders to determine if the proposed buyout price provides investors with sufficient and appropriate consideration.
Kaskela Law LLC宣布，正在调查最近宣布的Instructure Holdings，Inc.(NYSE:INST)（以下简称“Instructure”）股东提议的收购交易，以确定提议的收购价是否为投资者提供足够和适当的考虑。
On July 25, 2024, Instructure announced that it had agreed to be acquired by private equity firm KKR at a price of $23.60 per share – a premium of just $0.87 per share, or less than 4%, to the stock's prior day closing price of $22.73. Following the closing of the proposed transaction, Instructure's shareholders will be cashed out of their investment position and the company's shares will no longer be publicly traded.
2024年7月25日，Instructure宣布已同意以每股23.60美元的价格（相比于前一日的收盘价22.73美元，仅高出0.87美元或不到4%的溢价）被私募股权公司KKR收购。在预期交易完成后，Instructure的股东将退出他们的投资位置，并且公司的股票将不再公开交易。
The investigation thus far has revealed that the process leading up to the announcement of the buyout appears to have significant conflicts of interest, thus making the sales process as well as the price-per-share appear unfair to the company's shareholders. Notably, just one week prior to the announcement of the shareholder buyout, shares of the company's stock traded at prices above $25.00 per share, and numerous analysts were maintaining price targets for INST shares in excess of $30.00 per share.
到目前为止，调查发现导致收购公告的过程似乎存在重大利益冲突，因此使得销售过程以及每股价格显得对公司股东不公平。值得注意的是，在股东收购公告宣布仅一周之前，公司股票的交易价格超过25.00美元每股，并且众多分析师对INSt股票的价格目标在30.00美元以上。
Instructure shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) for additional information about this investigation and their legal rights and options at (484) 229 – 0750, or by clicking on the following link (or if necessary, by copying and pasting the link into your browser):
建议Instructure的股东通过联系Kaskela Law LLC（D.Seamus Kaskela, Esq. 或 Adrienne Bell, Esq.）获取有关此调查和其法律权利和选择的其他信息，电话号码为(484)229-0750，或点击以下链接（如有必要，也可以将链接复制并粘贴到浏览器中）：
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit .
Kaskela Law LLC专门代表投资者在证券欺诈、公司治理和并购诉讼方面提供委托代理服务。有关Kaskela Law LLC的更多信息，请访问。
CONTACT:
联系人：
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
KASKELA LAW LLC
D. Seamus Kaskela，Esq。
([电子邮件保护])
Adrienne Bell，Esq。
([电子邮件保护])
18 Campus Blvd.，Suite 100
Newtown Square，PA 19073
(888) 715 – 1740
(484) 229 – 0750
This notice may constitute attorney advertising in certain jurisdictions.
此通知可能构成某些司法管辖区的律师广告。
SOURCE Kaskela Law LLC
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