ODP Faces Lawsuits Over Merger Proxy Statement

ODP ( (ODP) ) has issued an update.

On September 22, 2025, The ODP Corporation entered into a merger agreement with ACR Ocean Resources LLC and Vail Holdings 1, Inc., with the merger set to make ODP a wholly owned subsidiary of ACR Ocean Resources. This merger is backed by investment funds managed by Atlas Holdings LLC. However, following the filing of a definitive proxy statement with the SEC on October 27, 2025, two lawsuits were filed by ODP stockholders in New York, alleging that the proxy statement was incomplete and misleading. These legal actions seek to block the merger until the alleged disclosure issues are addressed. In response, ODP has issued supplemental disclosures to the proxy statement, although it denies any deficiencies in the original document. The company aims to resolve these matters to allow stockholders to vote on the merger at a special meeting scheduled for December 5, 2025.

The most recent analyst rating on (ODP) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on ODP stock, see the ODP Stock Forecast page.

Spark’s Take on ODP Stock

According to Spark, TipRanks’ AI Analyst, ODP is a Neutral.

ODP’s overall stock score is primarily influenced by its challenging financial performance, with declining revenues and profitability pressures. Despite strong technical indicators suggesting bullish momentum, the high P/E ratio and lack of dividend yield raise valuation concerns. The earnings call provided some positive insights into strategic execution and cash flow improvements, but these were overshadowed by revenue declines and retail segment challenges.

To see Spark’s full report on ODP stock, click here.

More about ODP

Average Trading Volume: 1,011,299

Technical Sentiment Signal: Hold

Current Market Cap: $839.7M

For a thorough assessment of ODP stock, go to TipRanks’ Stock Analysis page.