BALA CYNWYD, Pa., Jan. 27, 2022 (GLOBE NEWSWIRE) — Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky or Marc Ackerman at 855-576-4847. There is no cost or financial obligation to you.
Social Capital Suvretta Holdings Corp. I (Nasdaq – DNAA)
Under the terms of the agreement, Social Capital I, a SPAC, will combine with Akili Interactive (“Akili”), a leading digital medicine company developing cognitive treatments through technology, and result in Akili becoming a publicly-listed company. Under the terms of the agreement, Social Capital I shareholders will retain ownership of 23% of the combined company.
The investigation concerns whether the Social Capital I Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of ownership interest in the combined company.
Additional information can be found at https://www.brodskysmith.com/cases/social-capital-suvretta-holdings-corp-nasdaq-dnaa/.
Abri SPAC I, Inc. (Nasdaq – ASPA)
Under the terms of the agreement, Abri, a special purpose acquisition company, will combine with Apifiny Group Inc. (“Apifiny”), a blockchain technology company focused on developing a global trading network for the digital assets sector, and result in Apifiny becoming a publicly-listed company. The investigation concerns whether the Abri Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of ownership interest in the combined company.
Additional information can be found at https://www.brodskysmith.com/cases/abri-spac-inc-nasdaq-aspa/.
Breeze Holdings Acquisition Corp. (Nasdaq – BREZ)
Under the terms of the agreement, Breeze Holdings, a special purpose acquisition company, will combine with D-Orbit S.p.A. (“D-Orbit”), an Italy-based and market leading space logistics and transportation company, and result in D-Orbit becoming a publicly-listed company. Under the terms of the agreement, Breeze Holdings shareholders will retain ownership of 8.4% of the combined company. The investigation concerns whether the Breeze Holdings Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of ownership interest in the combined company.
Additional information can be found at https://www.brodskysmith.com/cases/breeze-holdings-acquisition-corp-nasdaq-brez/.
Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. Attorney advertising. Prior results do not guarantee a similar outcome.
