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KBNT STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE MERGER OF KUBIENT, INC. IS FAIR TO SHAREHOLDERS
May 24, 2023.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Kubient, Inc. (NASDAQ: KBNT) and Adomni Inc. is fair to Kubient shareholders. Upon closing of the proposed transaction, Kubient shareholders are expected to own approximately 26% of the outstanding common stock of the combined company.
The investigation concerns whether Kubient and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Kubient shareholders; and (2) disclose all material information necessary for Kubient shareholders to adequately assess and value the merger consideration. On behalf of Kubient shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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