Companies

Kuehn Law Investigates Mergers Affecting GVP, RXRX, EXAI, and OBDC Shareholders

Published August 13, 2024

NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) — Kuehn Law, PLLC, a firm specializing in shareholder litigation, announces its investigation into potential claims connected to proposed mergers involving certain companies. This initiative primarily concerns investors in companies with the stock tickers GVP, RXRX, EXAI, OBDC, and ITI. Kuehn Law is considering whether the mergers adhere to equity and fairness for current shareholders and will pursue additional disclosures or remedial actions if necessary.

About the Companies Under Investigation

GVP, or GSE Systems, Inc., is a prominent provider of engineering and simulation software services to the power and process industries across major global regions. With its headquarters in Columbia, Maryland, GVP endeavors to support industry advancements with a blend of professional services and technical ingenuity.

RXRX, known as Recursion Pharmaceuticals, Inc., stands at the forefront of biotechnology, focusing on decoding biological complexities to streamline drug discovery. Operating from Salt Lake City, Utah, RXRX leverages a combination of biology, chemistry, automation, and data science within its clinical-stage endeavors.

EXAI represents Exscientia Limited, a trailblazing artificial intelligence-powered pharmaceutical company. EXAI applies cutting-edge AI to accelerate the drug discovery and design process, firmly establishing its base in Oxford, the United Kingdom.

ITI, Iteris, Inc., is an intelligent transportation system technology provider offering innovative solutions in Canada and Europe. Stationed in Santa Ana, California, ITI is dedicated to enhancing transportation systems through tech advancements.

Kuehn Law is probing the proposed mergers of these companies to protect the interests of investors, ensuring transparency and seeking recompense if negotiations have overlooked shareholder rights. Shareholders who hold stakes in GVP, RXRX, EXAI, and OBDC are encouraged to reach out to Kuehn Law for consultation regarding the firm's actions and potential claims.

Investigation, Mergers, Shareholders