Milwaukee, October 16th / PRNewswire / -- Ademi LLP indicates that the firm is investigating whether the transaction in which Proofpoint and Inc intend to acquire VRNS (Nasdaq ticker: VRNS) provides fair value to the public shareholders of Varonis, as well as whether the board of directors of Varonis fully protected the interests of shareholders during the negotiation and approval of the transaction.

VRNS shareholders will receive $49.75 per share in cash. Based on this, the valuation of VRNS is approximately $6.3 billion.

Are you a shareholder of VRNS?

If you hold Varonis shares, Ademi LLP would like to hear your views on this proposed acquisition and the rights you as a shareholder are entitled to.

You can also contact Guri Ademi via email:[ email protected ], or call the toll-free number 866-264-3995Mandatory requirements:

There are no fees or obligations for you.

Ademi LLP is investigating what?

• The exchange ratio, and whether it fully reflects the value and future prospects of Varonis.
• Significant control changes related to transactions that can be obtained by insiders of Varonis;
• Restrictions on competitive bidding, including significant termination fees that may prevent other potential buyers from making better offers;
• The behavior of the board of directors during the negotiation and approval process of the transaction, as well as whether the board of directors fulfilled its responsibilities to the public shareholders.

VRNS What should shareholders do?

Please contact Ademi LLP to discuss your rights and the investigation by that institution. There will be no fees or obligations for you.

Guri Ademi

About Ademi LLP

Ademi LLP represents investors in handling shareholder litigation involving mergers and acquisitions, privatizations, and the rights of individual shareholders.

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