SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates KNTE, FANG, HAYN, VINE

NEW YORK, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Kinnate Biopharma Inc. (NASDAQ: KNTE)’s sale to XOMA Corporation. Under the terms of the proposed transaction, XOMA would acquire Kinnate for (i) a base cash price of $2.3352 per share and (ii) an additional cash amount of not more than $0.2527 per share at the closing of the merger plus a non-transferable contingent value right, representing the right to receive 85% of the net proceeds from any out license or sale of the Kinnate programs effected within one year of closing of the merger or 100% of the net proceeds from any out license or sale executed prior to the closing. If you are a Kinnate shareholder, click here to learn more about your rights and options.

Diamondback Energy, Inc. (NASDAQ: FANG)’s merger with Endeavor Energy Resources, L.P. The proposed transaction consideration will consist of approximately 117.3 million shares of Diamondback common stock and $8 billion of cash, subject to customary adjustments. Upon completion of the proposed transaction, Diamondback’s existing shareholders are expected to own approximately 60.5% of the combined company. If you are a Diamondback shareholder, click here to learn more about your rights and options.

Haynes International, Inc. (NASDAQ: HAYN)’s sale to North American Stainless for $61.00 per share in cash. If you are a Haynes shareholder, click here to learn more about your rights and options.

Fresh Vine Wine Inc. (NYSE: VINE)’s merger with Notes Live, Inc. If you are a Fresh Vine shareholder, click here to learn more about your rights and options.

Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com  
https://www.halpersadeh.com