PR Newswire
NEW YORK
,
July 30, 2021
/PRNewswire/ — WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Misonix, Inc. (“Misonix” or the “Company”) (NASDAQ: MSON) in connection with the proposed cash-and-stock acquisition of the Company by Bioventus Inc. (“Bioventus”) (NASDAQ: BVS). Under the terms of the merger agreement, Misonix shareholders may elect to receive either (i) 1.6839 shares of Bioventus stock, representing implied per-share merger consideration of approximately
$29.05
based upon Bioventus’s
July 29, 2021
closing price of
$17.25
, or (ii)
$28.00
in cash, without interest, for each share of Misonix common stock they hold, subject to proration based on an aggregate maximum cash amount payable by Bioventus equal to
$10.50
per share of Misonix stock outstanding shortly prior to the completion of the transaction.
If you own
Misonix
shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/mson
Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16
th
Floor
New York
, NY 10036
(212) 682-3025
(888) 593-4771
[email protected]
WeissLaw LLP is investigating whether: (i) Misonix’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates Misonix’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at
[email protected]
.
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SOURCE WeissLaw LLP
