MERGER INVESTIGATION NOTICE: Investor Protection Law Firm

PHILADELPHIA, May 18, 2024 (GLOBE NEWSWIRE) — Investor protection law firm Kaskela Law LLC announces that it is investigating the recently announced acquisition of Squarespace, Inc. (NYSE: SQSP) shareholders by private equity firm Permia.

On May 13, 2024, Squarespace announced that it had agreed to be acquired by private equity firm Permia at a price of $44.00 per share in cash in a transaction valued at $6.9 billion. Upon completion of the proposed transaction, Squarespace’s public shareholders will be cashed out of their investment position and the company’s shares will no longer be publicly traded.

The purpose of the investigation is to determine whether Squarespace’s investors received adequate consideration for their shares and whether the company’s officers and/or directors breached their fiduciary duties or the securities laws when they agreed to buy the company for 44, $00 per share for sale. Notably, at the time the proposed transaction was announced, at least one equity analyst maintained a price target on Squarespace’s shares $50.00 per share.

Squarespace shareholders who believe that the current acquisition price undervalues ​​the Company’s shares are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484). 229 – 0750 or (888) 715 – 1740or via email ([email protected] / [email protected]) or online at https://kaskelalaw.com/case/squarespace/ for more information about this investigation and your legal rights and options.

Kaskela Law LLC exclusively represents investors in the areas of securities fraud, corporate governance, and merger and acquisition litigation on a contingent basis and has assisted investors in recovering over $300 million since 2020. For more information about Kaskela Law LLC, visit www.kaskelalaw. com.

CONTACT:

KASKELA LAW LLC
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 – 1740
(484) 229-0750
www.kaskelalaw.com

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