MTTR Investigation Alert

Halper Sadeh LLC Is Investigating Whether the Sale of Matterport, Inc. Is Fair to Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Matterport, Inc. (NASDAQ: MTTR) to CoStar Group, Inc. for a mixture of cash and stock valued at $5.50 per share is fair to Matterport shareholders.

Halper Sadeh encourages Matterport shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at [phone] or [e-mail] or [e-mail].

The investigation concerns whether Matterport and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Matterport shareholders; (2) determine whether CoStar is underpaying for Matterport; and (3) disclose all material information necessary for Matterport shareholders to adequately assess and value the merger consideration.

On behalf of Matterport shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240422331159/en/

The Matterport Registered (A) Stock at the time of publication of the news with a raise of +174,43 % to 4,775USD on Nasdaq stock exchange (22. April 2024, 17:00 Uhr).