Investigating – 26 Capital Acquisition – Okada Manila

Posted on November 29, 2021Comments Off on Investigating – 26 Capital Acquisition – Okada Manila

URGENT: The M&A Firm is Investigating the Merger of 26 Capital Acquisition Corp – ADER

NEW YORK(STL.News) Juan Monteverde, founder and managing partner of the firm Monteverde & Associates PC (“M&A Firm”), a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating 26 Capital Acquisition Corp. (“ADER” or the “Company”) (ADER), a special purpose acquisition company, relating to the proposed merger with Okada Manila International, Inc. (“Okada Manila”).  Under the terms of the agreement, ADER shareholders will retain only 12% of the combined company.

The investigation focuses on whether ADER and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.

Click here for more information: https://www.monteverdelaw.com/case/26-capital-acquisition-corp.  It is free and there is no cost or obligation to you.

Source link

Comments Off on Investigating – 26 Capital Acquisition – Okada Manila