Amount
Latest price
$9.86
(£1.00 = $1.328)
Number of shares (est.)
0
Market Cap
$2.036B
P/E ratio
1202.44
EPS
$0.008
Beta
1.20
Dividend rate
N/A
Dividend yield
N/A
AvidXchange Holdings, Inc. is a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers. Its Software-as-a-Service (SaaS)-based, end-to-end software and payment platform digitizes and automates the AP workflows for more than 8,500 businesses (its buyers) and it has made payments to more than 1,350,000 supplier customers of its buyers (suppliers). Its platform automates end-to-end AP workflows for its buyers and enhances the payment experience for its suppliers through the various products and features: AP Automation Software, the AvidPay Network, and the AvidXchange Supplier Hub. The Company provides solutions and services throughout North America spanning multiple industries, including real estate, community association management, construction, financial services (including banks and credit unions), healthcare facilities, social services, education, media, and hospitality.
CEO
Mr. Michael (Mike) Praeger
Employees
1,600
Sector
Tech
Company HQ
CHARLOTTE, United States of America
Website
MONSEY, N.Y., July 17, 2025 (GLOBE NEWSWIRE) -- Wohl & Fruchter LLP announces that on July 11, 2025, it filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Zappia v. AvidXchange Holdings, Inc., et al., Case No. 1:25-cv-5727-ER, on behalf of a class (“Class”) of individuals and entities holding the common stock of AvidXchange Holdings, Inc. (NASDAQ: AVDX) (“Avid”) as of the close of business on July 11, 2025 (“Class Period”), asserting claims under Sections 14(a) and 20(a) of the Securities Exchange Act of 1934, and under Delaware law, in connection with the proposed sale of Avid to TPG Global, LLC and Corpay, Inc. in exchange for $10.00 per share in cash.
MONSEY, N.Y., July 03, 2025 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of AvidXchange Holdings, Inc. (Nasdaq: AVDX) (“Avid”) to TPG Global LLC (“TPG”) and Corpay, Inc. (“Corpay”) for $10.00 per share in cash.
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