Johnson Fistel Launches Probe into Olo Sale for Shareholder Fairness

San Diego, California--(Newsfile Corp. - July 6, 2025) - Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Olo Inc. (NYSE: OLO) breached their fiduciary duties in connection with the proposed sale of the Company to Thoma Bravo.

On July 3, 2025, Olo entered into a definitive agreement pursuant to which Thoma Bravo, will acquire all outstanding shares of Olo in a go-private transaction for $10.25 in cash per share-a price representing a substantial discount to the Company's $25.00 per share initial public offering price in 2021. This per-share consideration appears to materially undervalue Olo's strong operational performance, including exceptional revenue growth, favorable analyst estimates and a robust balance sheet with over $2.00 per share in cash and minimal debt. Such circumstances raise significant questions as to whether the transaction price is fair and fully commensurate with Olo's intrinsic value. Moreover, the substantial change-in-control benefits payable to senior management heighten concerns regarding potential conflicts of interest and the equitable treatment of public shareholders.

You can click or copy and paste the following link to join this investigation:

https://www.cognitoforms.com/JohnsonFistel/OloIncNYSEOLO

If you are a shareholder of Olo and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker (jimb@johnsonfistel.com) at 619-814-4471. If emailing, please include a phone number.

About Johnson Fistel, PLLP | Top Law Firm, Securities Fraud, Investors Rights:
Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. We also extend our services to foreign investors who have purchased on US exchanges. Stay updated with news on stock drops and learn how Johnson Fistel, PLLP can help you recover your losses. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.

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