$HAREHOLDER INVESTIGATION: The M&A Class Action Firm Continues to Investigate the Mergers of OB, LUMO, PIK and PORT

NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) --

Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:

• Outbrain Inc. (NYSE: OB), relating to its proposed merger with Teads S.A. Under the terms of the agreement, Outbrain will acquire Teads in exchange for a cash payment of $725 million, subject to certain customary adjustments, 35 million newly issued shares of Outbrain common stock, par value $0.001 per share, of Outbrain and, 10.5 million newly issued Outbrain Series A Convertible Preferred Shares.
  

ACT NOW. The Shareholder Vote is scheduled for December 5, 2024.

Click here for more information https://monteverdelaw.com/case/outbrain-inc-ob/. It is free and there is no cost or obligation to you.

• Lumos Pharma Inc. (NYSE: LUMO), relating to its proposed merger with Double Point Ventures LLC. Under the terms of the agreement, Double Point Ventures will acquire Lumos Pharma’s outstanding shares of common stock for $4.25 per share in cash, plus one non-transferable unsecured Contingent Value Right per share payable on achievement of certain milestones.
  

Click here for more information https://monteverdelaw.com/case/lumos-pharma-inc-lumo/. It is free and there is no cost or obligation to you.

• Kidpik Corp. (NASDAQ: PIK), relating to its proposed merger with Nina Footwear Corp. Under the terms of the agreement, Nina Footwear stockholders will be issued shares of common stock of Kidpik and upon closing, Nina Footwear’s stockholders will own 80% of Kidpik’s outstanding common stock.
  

Click here for more information https://monteverdelaw.com/case/kidpik-corp-pik/. It is free and there is no cost or obligation to you.

• Southport Acquisition Corporation (OTC: PORT), relating to its proposed merger with Angel Studios, Inc. Under the terms of the agreement, Angel Studios shares will automatically be converted into the right to receive Southport shares.
  

Click here for more information https://monteverdelaw.com/case/southport-acquisition-corporation/. It is free and there is no cost or obligation to you.

NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask:

1. Do you file class actions and go to Court?
2. When was the last time you recovered money for shareholders?
3. What cases did you recover money in and how much?
   

About Monteverde & Associates PC

Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

No company, director or officer is above the law. If you own common stock in any of the above listed companies and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341

Attorney Advertising. (C) 2024 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.