Monteverde & Associates Investigating Urgent.ly Acquisition

Law firm looks into proposed $5.50 per share cash deal for Urgent.ly shareholders

Mar. 17, 2026 at 12:20am

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Monteverde & Associates PC, a national class action securities firm, has announced an investigation into the proposed acquisition of Urgent.ly, Inc. (NASDAQ: ULY) by Agero, Inc. Under the terms of the deal, Urgent.ly shareholders are expected to receive $5.50 per share in cash. The firm, headquartered in the Empire State Building in New York City, is looking into whether the proposed transaction is fair to Urgent.ly shareholders.

Why it matters

Monteverde & Associates is a well-known class action law firm that has recovered millions of dollars for shareholders in the past. Their investigation suggests there may be concerns about whether Urgent.ly shareholders are receiving fair value in the proposed acquisition.

The details

The investigation by Monteverde & Associates will examine the terms of the proposed transaction to determine if Urgent.ly shareholders are being offered adequate compensation. The firm is encouraging Urgent.ly shareholders to contact them to discuss the deal and any potential legal actions.

  • The proposed acquisition of Urgent.ly by Agero was announced on March 16, 2026.

The players

Monteverde & Associates PC

A national class action securities firm headquartered in the Empire State Building in New York City that has recovered millions of dollars for shareholders and is recognized as a Top 50 firm in the 2025 ISS Securities Class Action Services Report.

Urgent.ly, Inc.

A NASDAQ-listed company that is the target of the proposed acquisition by Agero, Inc.

Agero, Inc.

The company proposing to acquire Urgent.ly, Inc. for $5.50 per share in cash.

Juan Monteverde

An attorney with Monteverde & Associates PC who is leading the investigation into the proposed Urgent.ly acquisition.

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What they’re saying

“We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court.”

— Juan Monteverde, Attorney, Monteverde & Associates PC (Press Release)

What’s next

The judge in the case will decide on whether to allow the acquisition to proceed after Monteverde & Associates completes its investigation.

The takeaway

This investigation by a prominent class action law firm suggests there may be concerns about whether Urgent.ly shareholders are receiving fair value in the proposed acquisition, highlighting the importance of shareholder protections in mergers and acquisitions.