MILWAUKEE, June 19, 2024 /PRNewswire/ — Ademi LLP is investigating Vapotherm (OTCQX: VAPO) for possible breaches of fiduciary duty and other violations of law in its transaction with Perceptive.
Click here to learn how to join the https://www.ademilaw.com/case/vapotherm-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, Vapotherm shareholders will receive $2.18 in cash for each outstanding share of Vapotherm common stock held immediately prior to the effective time of the merger, other than shares held by certain Vapotherm stockholders who have agreed to contribute their shares of Company common stock in exchange for ownership interests in the newly-formed entity. The transaction agreement unreasonably limits competing transactions for Vapotherm by imposing a significant penalty if Vapotherm accepts a competing bid. Vapotherm insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Vapotherm’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own Vapotherm common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/vapotherm-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.
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Guri Ademi
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