Invitae Corporation Information Request Form
Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Invitae Corporation ("Invitae” or the "Company") (NYSE: NVTA) with ArcherDX. Under the terms of the merger, Invitae will issue 30 million shares of Invitae common stock to ArcherDX and pay $325 million in cash. Invitae will then issue up to an additional 27 million shares of Invitae common stock payable in connection with the achievement of certain milestones, with the overall transaction valued at approximately $1.4 billion. Following the initial stock issuance, Invitae stockholders will control approximately 81% of the combined company.
The Invitae merger investigation concerns whether the Board of Invitae breached their fiduciary duties to stockholders by agreeing to enter into this transaction and whether the merger undervalues Invitae relative to ArcherDX, thereby harming Invitae shareholders.
To receive more information, please fill out the form.