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Shareholder Alert: Ademi LLP investigates whether Cepton, Inc. has obtained a Fair Price for its Public Shareholders

CPTN

MILWAUKEE, July 29, 2024 /PRNewswire/ -- Ademi LLP is investigating Cepton (Nasdaq: CPTN) for possible breaches of fiduciary duty and other violations of law in its transaction with Koito.

AdemiLogo (PRNewsfoto/Ademi LLP)

Click here to learn how to join our investigation https://www.ademilaw.com/case/cepton-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

Cepton stockholders will receive only $3.17 per share in cash. The transaction agreement unreasonably limits competing transactions for Cepton by imposing a significant penalty if Cepton accepts a competing bid. Cepton insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of Cepton's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

If you own Cepton common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/cepton-inc.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-ademi-llp-investigates-whether-cepton-inc-has-obtained-a-fair-price-for-its-public-shareholders-302208840.html

SOURCE Ademi LLP



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