Athena Consumer Acquisition Corp.
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HALPER SADEH LLP ANNOUNCES INVESTIGATION OF ATHENA CONSUMER ACQUISITION CORP.
July 31, 2022.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Athena Consumer Acquisition Corp. (NYSE: ACAQ) and Next.e.GO Mobile SE is fair to Athena shareholders.
The investigation concerns whether Athena and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Athena shareholders; and (2) disclose all material information necessary for Athena shareholders to adequately assess and value the merger consideration. On behalf of Athena shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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