DRQ Stock Alert

Halper Sadeh LLC Is Investigating Whether the Merger of Dril-Quip, Inc. Is Fair to Shareholders

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Dril-Quip, Inc. (NYSE: DRQ) and Innovex Downhole Solutions, Inc. is fair to Dril-Quip shareholders. Upon closing of the proposed transaction, Dril-Quip stockholders would own approximately 52% of the combined company on a fully diluted basis.

Halper Sadeh encourages Dril-Quip 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 Dril-Quip and its board 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 Dril-Quip shareholders; and (2) disclose all material information necessary for Dril-Quip shareholders to adequately assess and value the merger consideration.

On behalf of Dril-Quip 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/20240318874274/en/

The Dril-Quip Stock at the time of publication of the news with a fall of -0,96 % to 23,73USD on NYSE stock exchange (18. März 2024, 22:05 Uhr).