We would handle the action on a contingent fee basis, whereby you would not be responsible for out of pocket payment of our legal fees or expenses.
KITT STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE MERGER OF NAUTICUS ROBOTICS, INC. IS FAIR TO SHAREHOLDERS
October 3, 2023.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Nauticus Robotics, Inc. (NASDAQ: KITT) and 3D at Depth, Inc. is fair to Nauticus shareholders. Under the terms of the proposed transaction, 3D security holders will receive approximately 9.9326 shares of Nauticus common stock for each share of 3D common stock equivalent they own. Nauticus will also assume approximately $4.1 million of debt in the proposed transaction.
The investigation concerns whether Nauticus 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 Nauticus shareholders; and (2) disclose all material information necessary for Nauticus shareholders to adequately assess and value the merger consideration. On behalf of Nauticus 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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