NEW YORK, NY / ACCESSWIRE / July 24, 2024 / Lifshitz Law Firm
ReShape Lifesciences Inc. (NASDAQ:RSLS)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the definitive merger agreement under which RSLS and Vyome Therapeutics, Inc. will combine in an all-stock transaction. Under the terms of the agreement, existing RSLS stockholders will own approximately 11.1% of the combined company immediately following the closing of the merger, subject to adjustment based on RSLS's actual net cash at closing compared to a target net cash amount of $5 million. At the closing of the merger, RSLS will be renamed Vyome Holdings, Inc. and expects to trade under the Nasdaq ticker symbol "HIND."
If you are a RSLS investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
Timberline Resources Corporation (OTCQB:TLRS)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the acquisition of TLRS by McEwen Mining Inc. Under the terms of the agreement, McEwen has agreed to acquire all of the issued and outstanding TLRS shares not already owned by McEwen. TLRS shareholders will receive 0.01 of a share of McEwen's common stock for each TLRS share held, representing a value of US$0.102 per TLRS Share, based on the 20-day volume-weighted average price (VWAP) of McEwen Shares on the NYSE on April 15th, 2024. This represents a 132% premium to the 20-day volume-weighted average price of TLRS shares on the OTCQB. McEwen currently owns 6,250,000 TLRS shares representing approximately 3.3% of TLRS' common shares outstanding and 6,250,000 warrants. The Exchange Ratio represents an undiluted equity transaction value (on a 100% basis) of approximately US$19.4 million.
If you are a TLRS investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
Paramount Global (NASDAQ:PARA)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with definitive agreement between PARA and Skydance Media to form "New Paramount" - a next-generation media and technology leader, through a two-step transaction including the acquisition of National Amusements, Inc., which holds the controlling share stake in PARA, and subsequently a merger of Skydance and PARA. Under the terms of the agreement, Skydance will merge with PARA in a transaction valuing New Paramount at an enterprise value of approximately $28 billion. Existing Skydance investors will receive 317 million newly issued Class B shares in New Paramount valuing Skydance at $4.75 billion based on $15 per PARA Class B share.
If you are a PARA investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
Chuy's Holdings, Inc. (NASDAQ:CHUY)
Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the acquisition of CHUY by Darden Restaurants, Inc. Under the terms of the agreement, Darden will acquire all of the outstanding shares of CHUY for $37.50 per share, in an all-cash transaction with an enterprise value of approximately $605 million.
If you are a CHUY investor and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@lifshitzlaw.com.
ATTORNEY ADVERTISING.© 2024 Lifshitz Law PLLC. The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516) 493-9780. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz Law PLLC
Phone: 516-493-9780
Facsimile: 516-280-7376
Email: info@lifshitzlaw.com
SOURCE: Lifshitz Law Firm
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