We would handle the action on a contingent fee basis, whereby you would not be responsible for out of pocket payment of our legal fees or expenses.
BLAC STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE MERGER OF BELLEVUE LIFE SCIENCES ACQUISITION CORP. IS FAIR TO SHAREHOLDERS
July 18, 2024.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Bellevue Life Sciences Acquisition Corp. (NASDAQ: BLAC) and OSR Holdings Co., Ltd. is fair to Bellevue shareholders. Upon closing of the proposed transaction, outstanding shares of OSR Holdings held by certain of the holders of OSR Holdings’ common stock will be exchanged for newly issued shares of Bellevue common stock. Following the closing of the proposed transaction, Bellevue will own at least 60% of the outstanding shares of OSR Holdings.
The investigation concerns whether Bellevue 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 Bellevue shareholders; and (2) disclose all material information necessary for Bellevue shareholders to adequately assess and value the merger consideration.
On behalf of Bellevue shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
Halper Sadeh LLC 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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