The deal is legit -- heck, they held a joint conference call and named specific INUV management who would be moving on to other jobs after the merger.
And the valuation is legit. The 45c portion speaks for itself. That leaves $1.77 in the form of CPT shares. In essence, at $1.20 we are buying those CPT shares for $0.75 (because $1.20 - $0.45 = $0.75). And that 75c payment is only 40-some percent of the $1.77 the CPT shares are worth.
And how do I know the CPT shares are worth that much? Well, that is what private venture cap folks paid for them earlier in 2018. If anything, one would presume that the private equity guys are likely to have negotiated themselves a good deal. Paying under 50 percent what the private equity guys did, seems like a good deal to me.
I am obviously NOT an investment advisor.
Recent INUV News
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 05/07/2024 09:19:44 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/07/2024 09:07:56 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 09:07:17 PM
- Inuvo Reports 44% Year-Over-Year Revenue Growth to $17.0 Million for the First Quarter of 2024 • GlobeNewswire Inc. • 05/07/2024 08:05:00 PM
- Inuvo to Host First Quarter 2024 Financial Results Conference Call on Tuesday, May 7th at 4:15 P.M. ET • GlobeNewswire Inc. • 05/01/2024 12:30:03 PM
- Inuvo Announces Enhancements to its Audience Discovery Portal • GlobeNewswire Inc. • 04/30/2024 12:30:00 PM
- Inuvo Launches Enhanced IntentKey Insights Dashboard • GlobeNewswire Inc. • 03/19/2024 12:30:00 PM
- Inuvo to Present at the iAccess Alpha Buyside Best Ideas Spring Conference 2024 on March 12 • GlobeNewswire Inc. • 03/08/2024 01:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:29:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:29:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:29:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 02:00:41 PM
- Inuvo Puts the Power of its AI in the Hands of Agencies and Brands • GlobeNewswire Inc. • 03/05/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 10:03:57 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/29/2024 09:56:48 PM
- Inuvo Reports 21% Year-Over-Year Revenue Growth to $20.8 Million for the Fourth Quarter of 2023 • GlobeNewswire Inc. • 02/29/2024 09:05:00 PM
- Inuvo Now Provides Advertisers the Ability to Measure Performance of Netflix Ad Campaigns Across Programmatic Channels • GlobeNewswire Inc. • 02/27/2024 01:30:00 PM
- Inuvo to Host Fourth Quarter and Year End 2023 Financial Results Conference Call on Thursday, February 29th at 4:15 P.M. EST • GlobeNewswire Inc. • 02/21/2024 02:00:00 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 02/14/2024 09:29:58 PM
- Inuvo Spotlights Market-Leading Customizable AI Capabilities for Precision Marketing • GlobeNewswire Inc. • 02/08/2024 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/06/2024 11:40:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/06/2024 11:40:29 PM
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