{"id":397905,"date":"2020-12-10T17:26:14","date_gmt":"2020-12-10T22:26:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397905"},"modified":"2020-12-10T17:26:14","modified_gmt":"2020-12-10T22:26:14","slug":"shareholder-alert-weisslaw-llp-investigates-silver-spike-acquisition-corp","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-weisslaw-llp-investigates-silver-spike-acquisition-corp\/","title":{"rendered":"SHAREHOLDER ALERT: WeissLaw LLP Investigates Silver Spike Acquisition Corp."},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n NEW YORK<\/span>, Dec. 10, 2020<\/span> \/PRNewswire\/ — WeissLaw LLP<\/a>\u00a0is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Silver Spike Acquisition Corp. (“SSPK” or the “Company”) (NASDAQ: SSPK) in connection with the Company’s proposed merger with WM Holding Company, LLC (“WMH”), which operates Weedmaps, an online listings marketplace for cannabis consumers and businesses, and WM Business, a software as a service subscription offering sold to cannabis retailers and brands. \u00a0Under the terms of the merger agreement, SSPK will acquire WMH through a reverse merger that will result in WMH becoming a public company traded on the NASDAQ.\u00a0 The estimated post-transaction equity value of the combined company is approximately $1.5 billion<\/span>.<\/p>\n

\n

\n
\n \"WeissLaw
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n
\n If you own SSPK shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:<\/u>
\n <\/b>\n <\/p>\n

\n
\n https:\/\/www.weisslawllp.com\/SSPK\/<\/a>
\n <\/b>\n <\/p>\n

\n
\n Or please contact:
<\/u>
\n <\/b>
\n
\n Joshua Rubin, Esq.<\/span>
\n
\n <\/b>WeissLaw LLP
1500 Broadway, 16th<\/sup> Floor
New York<\/span>, NY\u00a0 10036
(212)\u00a0682-3025
<\/b>(888) 593-4771
stockinfo@weisslawllp.com<\/a><\/b><\/p>\n

WeissLaw is investigating whether SSPK’s board acted in the best interest of SSPK’s public stockholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of WMH, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to SSPK’s public stockholders.\u00a0 <\/p>\n

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.\u00a0 We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.\u00a0 If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com<\/a><\/b><\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-weisslaw-llp-investigates-silver-spike-acquisition-corp-301190882.html<\/a><\/p>\n

SOURCE WeissLaw LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW YORK, Dec. 10, 2020 \/PRNewswire\/ — WeissLaw LLP\u00a0is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Silver Spike Acquisition Corp. (“SSPK” or the “Company”) (NASDAQ: SSPK) in connection with the Company’s proposed merger with WM Holding Company, LLC (“WMH”), which operates Weedmaps, an online listings marketplace for cannabis consumers and businesses, and WM Business, a software as a service subscription offering sold to cannabis retailers and brands. \u00a0Under the terms of the merger agreement, SSPK will acquire WMH through a reverse merger that will result in WMH becoming a public company traded on the NASDAQ.\u00a0 The estimated post-transaction equity value of the combined company is approximately $1.5 billion. … <\/p>\n

Continue reading “SHAREHOLDER ALERT: WeissLaw LLP Investigates Silver Spike Acquisition Corp.”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-397905","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSHAREHOLDER ALERT: WeissLaw LLP Investigates Silver Spike Acquisition Corp. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-weisslaw-llp-investigates-silver-spike-acquisition-corp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SHAREHOLDER ALERT: WeissLaw LLP Investigates Silver Spike Acquisition Corp. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, Dec. 10, 2020 \/PRNewswire\/ — WeissLaw LLP\u00a0is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Silver Spike Acquisition Corp. (“SSPK” or the “Company”) (NASDAQ: SSPK) in connection with the Company’s proposed merger with WM Holding Company, LLC (“WMH”), which operates Weedmaps, an online listings marketplace for cannabis consumers and businesses, and WM Business, a software as a service subscription offering sold to cannabis retailers and brands. \u00a0Under the terms of the merger agreement, SSPK will acquire WMH through a reverse merger that will result in WMH becoming a public company traded on the NASDAQ.\u00a0 The estimated post-transaction equity value of the combined company is approximately $1.5 billion. … Continue reading "SHAREHOLDER ALERT: WeissLaw LLP Investigates Silver Spike Acquisition Corp."\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholder-alert-weisslaw-llp-investigates-silver-spike-acquisition-corp\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-10T22:26:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/743985\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weisslaw-llp-investigates-silver-spike-acquisition-corp\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weisslaw-llp-investigates-silver-spike-acquisition-corp\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"SHAREHOLDER ALERT: WeissLaw LLP Investigates Silver Spike Acquisition Corp.\",\"datePublished\":\"2020-12-10T22:26:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weisslaw-llp-investigates-silver-spike-acquisition-corp\\\/\"},\"wordCount\":340,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weisslaw-llp-investigates-silver-spike-acquisition-corp\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/743985\\\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weisslaw-llp-investigates-silver-spike-acquisition-corp\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/shareholder-alert-weisslaw-llp-investigates-silver-spike-acquisition-corp\\\/\",\"name\":\"SHAREHOLDER ALERT: WeissLaw LLP Investigates Silver Spike Acquisition Corp. - 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