On June 10, 2025, Monteverde & Associates PC, recognized as one of the top 50 class action firms nationally, issued a shareholder alert concerning major mergers involving four prominent companies: Servotronics, Southern States Bancshares, LENSAR, and iCAD. Headquartered in the iconic Empire State Building in New York City, Monteverde & Associates has a strong reputation for securing millions of dollars for shareholders.
Servotronics, Inc. (NYSE: SVT)
The firm is currently investigating the proposed merger of Servotronics, Inc. with TransDigm Group Incorporated. The deal suggests a cash offer of $38.50 per share for Servotronics shareholders, leading to a significant opportunity for shareholders to evaluate their options before the tender offer expires on June 30, 2025. Shareholders are encouraged to act promptly if they wish to ensure their rights are protected.
Important Details for SVT Shareholders:
- - Tender Offer Price: $38.50 per share in cash
- - Expiration Date: June 30, 2025
- - More Details Here
Southern States Bancshares, Inc. (NASDAQ: SSBK)
The firm also focuses on the merger proposal between Southern States Bancshares and FB Financial Corporation. Under the agreement, Southern States shareholders will receive 0.800 shares of FB Financial common stock for each share of Southern States stock. A shareholder vote is crucial and is scheduled for June 26, 2025, providing yet another opportunity for shareholder engagement.
Key Information for SSBK Shareholders:
- - Exchange Rate: 0.800 shares of FB Financial for each share of Southern States
- - Shareholder Vote Date: June 26, 2025
- - Learn More Here
LENSAR, Inc. (NASDAQ: LNSR)
For LENSAR shareholders, the proposed merger with Alcon is underway, offering shareholders $14.00 per share, along with a contingent value right that could add up to $2.75 per share based on certain achievements. This agreement introduces a layered opportunity for LENSAR's shareholders, but they must stay informed to maximize their benefits from this merger. The shareholder vote is set for July 2, 2025.
Vital Details for LNSR Shareholders:
- - Base Cash Payment: $14.00 per share plus a contingent right
- - Vote Timeline: July 2, 2025
- - Explore Further Here
iCAD, Inc. (NASDAQ: ICAD)
Lastly, iCAD's proposed merger with RadNet, Inc. requires shareholder attention as well. Under this plan, iCAD shareholders will obtain 0.0677 shares of RadNet common stock for each iCAD share owned during the merger's finalization. This vote takes place on July 14, 2025.
Key Points for ICAD Shareholders:
Conclusion
These mergers represent crucial times for the shareholders involved. Monteverde & Associates PC emphasizes the importance of protecting shareholder rights throughout these processes. Engaging in dialogue with lawyers who specialize in securities class actions can be invaluable for shareholders wishing to learn more about their rights and the impacts of these mergers. Interested parties are encouraged to contact Juan Monteverde, Esq. for a free consultation.
Contact Information:
- - Name: Juan Monteverde, Esq.
- - Firm: Monteverde & Associates PC
- - Address: The Empire State Building, 350 Fifth Ave. Suite 4740, New York, NY 10118
- - Email: [email protected]
- - Phone: (212) 971-1341
No company, director, or officer is above the law, and shareholder vigilance is vital during these critical merger phases.