ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Poshmark, Inc.

Provided By PR Newswire

Last update: Oct 5, 2022

NEW YORK, Oct. 4, 2022 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Poshmark, Inc. (NASDAQ: POSH) and its board of directors concerning the proposed acquisition of the company by Naver Corp. Stockholders will receive $17.90 for each share of Poshmark stock that they hold. The transaction is valued at approximately $1.2 billion and is expected to close by the first quarter of 2023.