Smartsheet (SMAR) has disclosed a new risk, in the Corporate Activity and Growth category.
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If the merger involving Smartsheet is finalized, shareholders will face the risk of missing out on any future financial gains from the company’s performance. Each share of Class A common stock will be converted into a cash payout of $56.50, with no further equity interest in the parent company. Consequently, shareholders will not benefit from any potential growth or success Smartsheet might achieve post-merger, limiting their financial upside.
Overall, Wall Street has a Hold consensus rating on SMAR stock based on 15 Holds.
To learn more about Smartsheet’s risk factors, click here.
