USAP Overview

Acquisition Announcement: Universal Stainless & Alloy Products, Inc. has completed its acquisition by Aperam S.A., with stockholders receiving $45.00 per share in an all-cash transaction, marking Universal as a wholly-owned subsidiary of Aperam.

Strategic Goals: The merger aims to enhance innovation and growth opportunities for both companies, particularly in the aerospace sector, leveraging Aperam's resources and capabilities to deliver high-performance specialty steel solutions.

Acquisition Approval: Universal Stainless & Alloy Products, Inc. stockholders have approved the acquisition by Aperam S.A., with approximately 99% of votes in favor, entitling them to receive $45.00 per share in cash.

Transaction Timeline: The merger is expected to close in the first quarter of 2025, pending satisfaction of remaining closing conditions.

Investigation by Kuehn Law: Kuehn Law, a shareholder litigation firm, is investigating potential claims regarding proposed mergers involving CNB Financial Corporation, Universal Stainless & Alloy Products, NeueHealth, MoneyLion, and Better Choice Company, focusing on whether these companies maximized shareholder value and disclosed material information.

Shareholder Participation Encouraged: The firm emphasizes the importance of shareholder involvement in ensuring fairness in financial markets, urging concerned shareholders to contact them for assistance, as legal rights may be time-sensitive.

Investigation of Mergers and Sales: Halper Sadeh LLC is investigating several companies, including Better Choice Company Inc., CNB Financial Corporation, Universal Stainless & Alloy Products, and MoneyLion Inc., for potential violations of federal securities laws related to their mergers and sales.

Legal Rights for Shareholders: The firm encourages shareholders from these companies to contact them for free consultations regarding their legal rights and options, as they may seek increased consideration or other benefits on behalf of the shareholders.

Investigation of Companies: Halper Sadeh LLC is investigating Shutterstock, EnLink Midstream, and Universal Stainless for potential violations of federal securities laws related to their sales to other companies, seeking increased consideration and disclosures for shareholders.

Legal Support for Shareholders: The law firm offers free consultations to affected shareholders and operates on a contingent fee basis, meaning no upfront legal fees are required from clients.

Investigation Announcements: Brodsky & Smith is investigating potential breaches of fiduciary duties by the boards of Paycor HCM, Shutterstock, Universal Stainless & Alloy Products, and EnLink Midstream regarding their respective acquisition agreements, questioning whether shareholders are receiving fair value.

Legal Representation: Brodsky & Smith, a litigation law firm, specializes in representing shareholders in securities and class action lawsuits, having successfully recovered significant amounts for clients through various court appointments.