SMARTSHEET INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Sale of Smartsheet Inc. - SMAR

Business Wire 3-Feb-2025 7:34 PM

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the sale of Smartsheet Inc. (NYSE:SMAR) to funds managed by Blackstone and Vista Equity Partners. Under the terms of the transaction, at the closing of the transaction, each share of Smartsheet's Class A common stock that was issued and outstanding immediately prior to the closing (other than Smartsheet Shares held by Smartsheet, Parent or Merger Sub, or shareholders who had, among other things, properly and timely exercised dissenters' rights in accordance with the Washington Business Corporation Act), was automatically converted into the right to receive $56.50 in cash. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-smar/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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Kahn Swick & Foti, LLC Lewis S. Kahn, Managing Partner lewis.kahn@ksfcounsel.com 855-768-1857 1100 Poydras St., Suite 960 New Orleans, LA 70163