CDMO Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Avid Bioservices to GHO Capital Partners and Ampersand Capital Partners
Avid Bioservices, Inc. (CDMO)
Last avid bioservices, inc. earnings: 3/10 04:05 pm
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US:NASDAQ Investor Relations:
ir.avidbio.com
Company Research
Source: GlobeNewswire
MONSEY, New York, Nov. 07, 2024 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Avid Bioservices (Nasdaq: CDMO) (“Avid”) to GHO Capital Partners (“GHO”) and Ampersand Capital Partners (“Ampersand”) for $12.50 per share in cash. The sale price is below the price target for Avid of $14.00 per share of Wall Street analyst Paul Knight of KeyBanc (source: TipRanks). If you remain an Avid shareholder and question the fairness of the price, you may contact our firm at the following link to discuss your legal rights at no charge: https://wohlfruchter.com/cases/avid-bioservices/ Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com. Why is there an investigation?On November 7, 2024, Avid announced that it had agreed to be sold to GHO and Ampersand for $12.50 per share in cash. Notably, the sale price is below the price target for Avid of $14.00 per share of Wall Street analyst Pa
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CDMO
News
- Avid Bioservices, Inc. (NASDAQ: CDMO) was downgraded by analysts at Craig Hallum from a "strong-buy" rating to a "hold" rating.MarketBeat
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CDMO, ALVR, VINE, ROIC on Behalf of ShareholdersAccesswire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CDMO, ALVR, VINE on Behalf of ShareholdersAccesswire
- AVID BIOSERVICES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Avid Bioservices, Inc. - CDMOBusiness Wire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CDMO, VINE, YOTA on Behalf of ShareholdersGlobeNewswire
CDMO
Earnings
- 9/9/24 - Miss
CDMO
Sec Filings
- 11/12/24 - Form SC
- 11/7/24 - Form 8-K
- 11/7/24 - Form DEFA14A
- CDMO's page on the SEC website