Shareholder Investigations into Recent Mergers
Monteverde & Associates PC, recognized as a leading M&A class action law firm, is actively investigating the proposed mergers involving BurTech Acquisition Corp. (NASDAQ: BRKH), Profire Energy, Inc. (NASDAQ: PFIE), Aerovate Therapeutics, Inc. (NASDAQ: AVTE), and Evergreen Corporation (NASDAQ: EVGR). This initiative is part of their commitment to protecting shareholder rights and ensuring that all transactions are conducted fairly and transparently.
BurTech Acquisition Corp. and Blaize, Inc.
The firm is looking into BurTech Acquisition Corp.'s proposed merger with Blaize, Inc. According to the current merger agreement, shares of BurTech will be exchanged for shares of Blaize. Shareholders are reminded that their vote is scheduled for December 10, 2024. As part of Monteverde’s commitment to shareholder advocacy, they are inviting affected shareholders to participate and seek guidance regarding this merger sale.
Learn more here.
Profire Energy, Inc. and CECO Environmental Corp.
In addition to the BurTech case, Monteverde is investigating Profire Energy, which is contemplating a merger with CECO Environmental. As per the latest announcements, a subsidiary of CECO intends to launch a tender offer to acquire all issued shares of Profire's common stock at a price of $2.55 per share. Given that the tender offer expires on December 31, 2024, shareholders are encouraged to stay informed and involved in the process. Further details can be found
here.
Aerovate Therapeutics and Jade Biosciences
Moreover, Aerovate Therapeutics is set to merge with Jade Biosciences, and the deal stipulates that pre-merger Aerovate shareholders are projected to own about 1.6% of the new entity while Jade shareholders will hold approximately 98.4%. Shareholders from both companies are urged to review the implications of the merger on their investments. Interested parties can find more information
here.
Evergreen Corporation and Forekast Limited
Lastly, the merger between Evergreen Corporation and Forekast Limited is under scrutiny. In this agreement, shares of Forekast will be automatically converted into shares of Evergreen. Such significant changes call for shareholders to understand the effects on their holdings and decision-making. Find the complete outline on this merger
here.
Monteverde & Associates PC, headquartered in the iconic Empire State Building in New York City, is highly regarded for its mission to protect investors. They have successfully recovered significant sums for shareholders through their dedicated legal work in class-action lawsuits. Their reputation as a top-tierM&A firm further emphasizes their commitment to shareholder justice.
Conclusion
With the upcoming important shareholder votes and tender offers, Monteverde urges all involved shareholders of BRKH, PFIE, AVTE, and EVGR to act promptly. It is crucial to make informed decisions regarding these mergers and to engage in dialogues about shareholder rights and responsibilities. The firm provides general inquiries and additional support to shareholders at no cost. Contact Juan Monteverde, Esq., via e-mail at [email protected] for any concerns or questions, or call (212) 971-1341 for immediate assistance.
Monteverde & Associates PC ensures that no director or officer holds immunity against the law, advocating for complete accountability and fairness in corporate governance.