Sanara MedTech Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Sanara MedTech Inc. - SMTI
Law firm Kahn Swick & Foti, LLC announced it is investigating the adequacy of the price and process in the proposed acquisition of Sanara MedTech Inc. by MiMedx Group, Inc. Under the deal terms, Sanara shareholders would receive $33.00 in cash and 0.4735 shares of MiMedx common stock per Sanara share.
Why it matters — The investigation introduces potential legal scrutiny and possible delays or revisions to MiMedx's proposed acquisition of Sanara MedTech, which MDXG watchers will want to monitor.