HireRight Holdings Corp (HRT) has disclosed a new risk, in the Share Price & Shareholder Rights category.
HireRight Holdings Corp faces significant financial and operational risks from the proposed Merger Agreement with its Principal Stockholders, General Atlantic and Stone Point Capital. The pending acquisition introduces potential volatility in its stock price, mirroring uncertainties about the merger’s completion. Furthermore, substantial costs associated with advisory services and potential litigation could strain the company’s finances. Additionally, the ambiguity surrounding the merger may impact employee retention and customer acquisition, further challenging HireRight’s business stability.
The average HRT stock price target is $14.00, implying -1.13% downside potential.
To learn more about HireRight Holdings Corp’s risk factors, click here.
