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MATTERPORT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Matterport, Inc. - MTTR

By: Kahn Swick & Foti, LLC via Business Wire
May 10, 2024 at 17:16 PM EDT

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of the sale of Matterport, Inc. (NasdaqGM: MTTR) to CoStar Group, Inc. Under the terms of the proposed transaction, shareholders of Matterport will receive a mixture of cash and stock valued at $5.50 for each share of Matterport that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgm-mttr/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240510635265/en/

Contacts

Kahn Swick & Foti, LLC

Lewis S. Kahn, Managing Partner, 855-768-1857

lewis.kahn@ksfcounsel.com

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