U.S. markets open in 2 hours 10 minutes

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Merger of Invitae Corporation with ArcherDX is Fair to NVTA Shareholders

Newsfile Corp.

New York, New York--(Newsfile Corp. - June 24, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:



To view an enhanced version of this graphic, please visit:
https://media.zenfs.com/en-us/newsfile_64/5dd94805c912ca0b88a37eb454900d47

To: All Persons or Entities who purchased Invitae Corporation ("Invitae" or the "Company") (NYSE: NVTA) stock prior to June 22, 2020.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Invitae with ArcherDX. Under the terms of the merger, Invitae will issue 30 million shares of Invitae common stock to ArcherDX and pay $325 million in cash. Invitae will then issue up to an additional 27 million shares of Invitae common stock payable in connection with the achievement of certain milestones, with the overall transaction valued at approximately $1.4 billion. Following the initial stock issuance, Invitae stockholders will control approximately 81% of the combined company. To learn more about the action and your rights, go to:

https://www.zlk.com/mna2/invitae-corporation-information-request-form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

The Invitae merger investigation concerns whether the Board of Invitae breached their fiduciary duties to stockholders by agreeing to enter into this transaction and whether the merger undervalues Invitae relative to ArcherDX, thereby harming Invitae shareholders.

Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/58512