AvidXchange

AVDX

Layoff fears up 66% YoY for AP pros, but 74% say automation is boosting career security. AvidXchange's 2025 report reveals how AP teams build resilience.

NEW YORK and NEW ORLEANS, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of AvidXchange Holdings, Inc. (NasdaqGS: AVDX) to TPG Inc. (NasdaqGS: TPG). Under the terms of the proposed transaction, shareholders of AvidXchange will receive $10.00 in cash for each share of AvidXchange that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

New Partnership Enhances Payment Innovation for Faith-Based and Nonprofit Organizations New Partnership Enhances Payment Innovation for Faith-Based and Nonprofit Organizations

AvidXchange (AVDX) Q2 Revenue Rises 5%

CHARLOTTE, N.C., Aug. 06, 2025 (GLOBE NEWSWIRE) -- AvidXchange Holdings, Inc. (Nasdaq: AVDX), a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced financial results for the second quarter ended June 30, 2025.

New AvidXchange survey shows 67% of finance pros feel more prepared than in 2020—but continued tech investment is key to staying ahead of volatility.

MONSEY, N.Y., July 17, 2025 (GLOBE NEWSWIRE) -- Wohl & Fruchter LLP announces that on July 11, 2025, it filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Zappia v. AvidXchange Holdings, Inc., et al., Case No. 1:25-cv-5727-ER, on behalf of a class (“Class”) of individuals and entities holding the common stock of AvidXchange Holdings, Inc. (NASDAQ: AVDX) (“Avid”) as of the close of business on July 11, 2025 (“Class Period”), asserting claims under Sections 14(a) and 20(a) of the Securities Exchange Act of 1934, and under Delaware law, in connection with the proposed sale of Avid to TPG Global, LLC and Corpay, Inc. in exchange for $10.00 per share in cash.

MONSEY, N.Y., July 03, 2025 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of AvidXchange Holdings, Inc. (Nasdaq: AVDX) (“Avid”) to TPG Global LLC (“TPG”) and Corpay, Inc. (“Corpay”) for $10.00 per share in cash.

BALA CYNWYD, Pa., June 17, 2025 (GLOBE NEWSWIRE) -- Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of AvidXchange Holdings, Inc. (“AvidXchange” or the “Company”) (Nasdaq - AVDX) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to TPG (Nasdaq - TPG). Under the terms of the transaction, TPG will acquire all outstanding shares of AvidXchange common stock for $10.00 per share in a cash transaction that values AvidXchange at $2.2 billion.

In the most recent trading session, AvidXchange Holdings, Inc. (AVDX) closed at $9.78, indicating no shift from the previous trading day.