BALA CYNWYD, Pa., Nov. 03, 2022 (GLOBE NEWSWIRE) — Brodsky & Smith reminds investors of the following research. If you own stock and would like to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackermann (mackerman@brodskysmith.com) at 855-576-4847. You will not incur any costs or financial obligations.

BTRS Holdings Inc. (Nasdaq-BTRS)

Under the terms of the agreement, BTRS will be acquired by EQT X fund (“EQT Private Equity”) for $9.50 per share in cash for each common share outstanding. The transaction is valued at approximately $1.7 billion. The investigation concerns whether the BTRS board has breached its fiduciary duties to shareholders by failing to conduct a fair trial and whether EQT Private Equity is underpaying the company. For example, the 52-week high for the company’s shares was $11.01.

For more information, see https://www.brodskysmith.com/cases/btrs-holdings-inc-nasdaq-btrs/.

SeaSpine Holdings Corporation (Nasdaq-SPNE)

Under the terms of the agreement, SeaSpine will merge with Orthofix (Nasdaq – OFIX). SeaSpine shareholders will receive 0.4163 Orthofix common shares for each SeaSpine common share they own. Upon closing of the transaction, Orthofix shareholders will own approximately 56.5 percent of the combined company and SeaSpine shareholders will own approximately 43.5 percent of the combined company. The investigation concerns whether SeaSpine’s board of directors breached its fiduciary duties to shareholders by failing to conduct due process, including diluting ownership of the combined company.

For more information, see https://www.brodskysmith.com/cases/seaspine-holdings-corporation-nasdaq-spne/.

Talos Energy Inc. (NYSE-TALO)

Under the terms of the agreement, consideration for the transaction consists of 43.8 million Talos shares and $212.5 million in cash, as well as assumption of EnVen’s net debt upon closing, currently…