SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of AvidXchange Holdings, Inc. (Nasdaq – AVDX)

BALA CYNWYD, Pa., June 17, 2025 (GLOBE NEWSWIRE) — Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of AvidXchange Holdings, Inc. (“AvidXchange” or the “Company”) (Nasdaq – AVDX) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to TPG (Nasdaq – TPG). Under the terms of the transaction, TPG will acquire all outstanding shares of AvidXchange common stock for $10.00 per share in a cash transaction that values AvidXchange at $2.2 billion.

Source: https://www.globenewswire.com/news-release/2025/06/17/3101112/0/en/SHAREHOLDER-NOTICE-Brodsky-Smith-Announces-an-Investigation-of-AvidXchange-Holdings-Inc-Nasdaq-AVDX.html