Shareholder Alert: Ademi LLP investigates whether Eneti Inc. has obtained a Fair Price in its transaction with Cadeler

MILWAUKEE, June 16, 2023

Click here to learn how to join the action https://www.ademilaw.com/case/eneti-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

In the transaction, Eneti shareholders will receive only 3.409 Cadeler shares for each Eneti share. Following the completion of the transaction, Cadeler and Eneti shareholders will own approximately 60% and 40% of the combined company. The transaction agreement unreasonably limits competing bids for Eneti by imposing a significant penalty if Eneti accepts a superior bid. Eneti insiders will receive substantial benefits as part of change of control arrangements.

We are investigating the conduct of Eneti's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Eneti.

If you own Eneti common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/eneti-inc.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.