We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of KnowBe4, Inc. (“KnowBe4” or the “Company”) (NASDAQ:KNBE), in connection with the proposed acquisition of the Company by Vista Equity Partners. Under the terms of the merger agreement, the Company’s shareholders will receive $24.90 in cash for each share of KnowBe4 common stock owned. The transaction is valued at approximately $4.6 billion.
Weiss Law is investigating whether (i) KnowBe4’sboard of directors acted in the best interests of the Company in agreeing to the proposed transaction, (ii) the $24.90 per-share merger consideration adequately compensates KnowBe4’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.