Ademi LLP is investigating Markforged (NYSE: MKFG) for possible breaches of fiduciary duty and other violations of law in its transaction with Nano Dimension.
In the transaction, Markforged shareholders will receive only $5.00 per share in cash. The transaction agreement unreasonably limits competing transactions for Markforged by imposing a significant penalty if Markforged accepts a competing bid. Markforged insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Markforged’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.