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BRIDGE INVESTMENT SHAREHOLDER ALERT: The Law Firm of Kaskela Law LLC Announces Investigation of Bridge Investment Group Holdings Inc. (NYSE: BRDG) Proposed Buyout and Seeks Additional Consideration for BRDG Shareholders
GlobeNewswire News Room· 2025-05-13 16:12
Core Viewpoint - Kaskela Law LLC is investigating the proposed buyout of Bridge Investment Group Holdings Inc. to assess the fairness of the offer to its shareholders [1][3]. Group 1: Acquisition Details - On February 24, 2025, Bridge announced an agreement to be acquired by Apollo in a stock-for-stock transaction [2]. - Bridge stockholders will receive 0.07081 shares of Apollo stock for each share of Bridge Class A common stock, valued at $11.50 per share [2]. Group 2: Investigation Focus - The investigation aims to determine if Bridge's shareholders are receiving adequate consideration for their shares [3]. - It will also assess whether the company's officers or directors breached their fiduciary duties or violated securities laws in the sale agreement with Apollo [3]. Group 3: Legal Representation - Bridge shareholders are encouraged to contact Kaskela Law LLC for information regarding their legal rights and options [4]. - Kaskela Law LLC represents investors in securities fraud and merger & acquisition litigation on a contingent basis, meaning no out-of-pocket costs for clients [4].
Bridge Investment (BRDG) - 2025 Q1 - Quarterly Report
2025-05-09 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from________to Commission File Number: 001-40622 BRIDGE INVESTMENT GROUP HOLDINGS INC. (Exact name of registrant as specified in its charter) | Delaware | 82-2769085 | | --- ...
Bridge Investment Group Holdings Inc. (BRDG) Lags Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-08 23:35
Bridge Investment Group Holdings Inc. (BRDG) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -47.06%. A quarter ago, it was expected that this company would post earnings of $0.16 per share when it actually produced earnings of $0.18, delivering a surprise of 12.50%.Over the last four ...
Bridge Investment (BRDG) - 2025 Q1 - Earnings Call Presentation
2025-05-08 20:43
EARNINGS PRESENTATION May 8, 2025 1 st QUARTER 2025 1 Disclaimer The information contained herein does not constitute or form part of, and should not be construed as, an offer or invitation to subscribe for, underwrite or otherwise acquire, any securities of Bridge Investment Group Holdings Inc. ("Bridge" or the "Company"), Bridge Investment Group Holdings LLC (the "Operating Company") or any affiliate of Bridge, or any fund or other investment vehicle managed by Bridge or an affiliate of Bridge. This prese ...
Bridge Investment (BRDG) - 2025 Q1 - Quarterly Results
2025-05-08 20:17
Exhibit 99.1 BRIDGE INVESTMENT GROUP BRIDGE INVESTMENT GROUP HOLDINGS INC. REPORTS FIRST QUARTER 2025 RESULTS SALT LAKE CITY. UTAH-May 8, 2025-Bridge Investment Group Holdings Inc. (NYSE: BRDG) ("Bridge" or the "Company") today reported its financial results for the quarter ended March 31, 2025. Net (Loss) was $(37.6) million for the quarter ended March 31, 2025. On a basic and diluted basis, net (loss) attributable to Bridge per share of Class A common stock was a loss of $(0.37) for the quarter ended Marc ...
BRIDGE INVESTOR NOTIFICATION: The Law Firm of Kaskela Law LLC is Investigating Bridge Investment Group Holdings Inc. (NYSE: BRDG) and is Seeking Additional Consideration for Shareholders
Prnewswire· 2025-04-16 12:30
PHILADELPHIA, April 16, 2025 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating the recently announced buyout of Bridge Investment Group Holdings Inc. (NYSE: BRDG) ("Bridge") shareholders to determine the fairness of the offer to Bridge investors. Bridge shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) for additional information about this investigation and their legal rights and options at (484) 229 – 0750, or by clicking on the followi ...
Kuehn Law Encourages BRDG, CMRX, WBA and SYTA Investors to Contact Law Firm
Prnewswire· 2025-03-11 18:20
Mergers and Acquisitions Overview - Kuehn Law, PLLC is investigating potential claims related to several proposed mergers, focusing on whether the Boards acted to maximize shareholder value, failed to disclose material information, and conducted a fair process [1][2][3] Specific Mergers - Bridge Investment Group Holdings Inc. has agreed to merge with Apollo, where Bridge shareholders will receive 0.07081 shares of Apollo stock for each share [1] - Chimerix is set to merge with Jazz Pharmaceuticals, with Chimerix shareholders receiving $8.55 per share in cash [2] - Walgreens Boots Alliance will merge with Sycamore Partners, offering Walgreens shareholders $11.45 in cash and a non-transferable right to receive up to $3.00 in cash per share [2] - Siyata Mobile will be acquired by Core Gaming, with Siyata issuing common shares to Core Gaming shareholders [3] Shareholder Engagement - Kuehn Law emphasizes the importance of shareholder participation in ensuring the integrity and fairness of financial markets, encouraging concerned shareholders to get involved [4]
BUYOUT INVESTIGATION NOTICE: Kaskela Law LLC Announces Investigation into Bridge Investment Group Holdings Inc. (NYSE: BRDG) Shareholder Buyout Proposal and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-03-11 12:30
PHILADELPHIA, March 11, 2025 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating the recently announced proposed buyout of Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge”) shareholders. Click here for additional information: https://kaskelalaw.com/case/bridge-investment-group/ On February 24, 2025, Bridge announced that it had agreed to be acquired by investment firm Apollo in a stock-for-stock transaction. According to the announcement, Bridge stockholders and Bridge OpCo un ...
Bridge Investment (BRDG) - 2024 Q4 - Annual Report
2025-03-07 21:18
Dividends and Financial Policies - The company may pay dividends to stockholders, but this is subject to the Merger Agreement and the discretion of the board of directors, with potential limitations due to Delaware law[231]. - The ability to declare and pay dividends is dependent on the Operating Company's ability to generate earnings and cash flows, which may be restricted by various limitations[232]. - The board of directors has the discretion to change the dividend policy at any time, including reducing or eliminating dividends entirely[231]. Corporate Governance and Control - The company has opted out of Section 203 of the DGCL, prohibiting business combinations with any "interested" stockholder for three years, except for certain affiliates[246]. - The amended and restated certificate of incorporation includes provisions that may delay or prevent a change of control, such as a classified board of directors and limitations on special stockholder meetings[245]. Compliance and Regulatory Costs - The company incurs significant costs as a public company due to compliance with the Exchange Act, Sarbanes-Oxley Act, and NYSE listing requirements, which may strain resources[239]. - The company may face increased legal and financial compliance costs as a result of being a public company, which could affect its ability to attract and retain qualified board members[239]. - The company is required to maintain effective internal control over financial reporting, and failure to do so could lead to inaccurate financial reporting and potential sanctions[240]. Market and Stock Performance - Future sales of Class A common stock by the company or existing stockholders could negatively impact the market price of the stock[236]. - The issuance of additional securities in connection with investments or acquisitions may result in dilution for existing stockholders[238]. Climate Change and ESG Considerations - The company faces physical and transition climate change risks, which may lead to increased costs and liabilities, including compliance and construction costs[247]. - Increased scrutiny regarding climate change and ESG matters may constrain investment opportunities and adversely affect the ability to raise capital[248]. - The company engages in various initiatives to manage ESG matters, which can be costly and may not align with stakeholder expectations[248]. - Increased focus on sustainability by governmental authorities may require additional disclosures and compliance efforts, increasing operational complexity[248]. - Potential impacts of climate change on operations are uncertain and may vary across different geographies[247]. Financial Risk Exposure - As of December 31, 2024, the company had $1.2 million in non-interest bearing accounts and $89.4 million in interest-bearing accounts, indicating limited interest rate risk exposure[472]. - The company is exposed to credit and counterparty risk, which may affect access to financing due to market conditions[473]. - The company does not possess significant foreign assets, thus changes in foreign exchange rates are not expected to materially impact financial statements[474]. - The company does not use derivative financial instruments to manage interest rate risk exposure[472]. Management Fees - Management fees are generally based on commitments or invested capital, making them less sensitive to changes in investment values[471].
SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation into Fairness of Bridge Investment Group Holdings Inc. (NYSE: BRDG) Buyout and Encourages Investors to Contact the Firm
Prnewswire· 2025-03-03 13:01
PHILADELPHIA, March 3, 2025 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating the fairness of the recently announced buyout of Bridge Investment Group Holdings Inc. (NYSE: BRDG) ("Bridge") shareholders.Click here for additional information: https://kaskelalaw.com/case/bridge-investment-group/On February 24, 2025, Bridge announced that it had agreed to be acquired by investment firm Apollo in a stock-for-stock transaction.  According to the announcement, Bridge stockholders and Bridge OpCo u ...