NEW YORK, Jan. 12, 2021 /PRNewswire/ — Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York City, is investigating potential claims concerning whether the following proposed mergers are fair to shareholders. Moore Kuehn may seek increased consideration, additional disclosures, or other relief on behalf of the shareholders of these companies:
- VPC Impact Acquisition Holdings (NASDAQ: VIH)
VPC has agreed to merge with Bakkt Holdings. Under the proposed transaction, VPC shareholders will own just 8% of the combined company.
- SMTC Corporation (NASDAQ: SMTX)
SMTC has agreed to be acquired by affiliates of H.I.G. Capital. Under the proposed transaction, shareholders of SMTC will receive $6.044 per share.
- GX Acquisition Corp. (NASDAQ: GXGX)
GX Acquisition has agreed to merge with Celularity. Under the proposed transaction, shareholders of GX will own only 17% of the combined company.
- ACE Convergence Acquisition Corp. (NASDAQ: ACEV)
ACE Convergence Acquisition has agreed to merge with Achronix Semiconductor. Under the proposed transaction, shareholders of ACE will own retain 11% of the combined company.
Moore Kuehn is investigating whether the Boards of the above companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process.
Moore Kuehn encourages shareholders who would like to discuss their rights to contact Justin Kuehn, Esq. by email at [email protected] or telephone at (212) 709-8245. The consultation and case are free with no obligation to you. Moore Kuehn pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.
Moore Kuehn is a 5-star Google rated New York City law firm with attorneys representing investors and consumers in litigation involving securities laws, fraud, breaches of fiduciary duties, and other claims. For additional information about Moore Kuehn, please visit http://www.moorekuehn.com/practice/new-york-securities-litigation/.
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Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
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