Deep Medicine Acquisition Corp.
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HALPER SADEH LLC ANNOUNCES INVESTIGATION OF DEEP MEDICINE ACQUISITION CORP.
July 13, 2022.
New York, New York—Halper Sadeh LLC, a global investor rights law firm, is investigating whether the merger of Deep Medicine Acquisition Corp. (NASDAQ: DMAQ) and Chijet Motor Company, Inc. is fair to Deep Medicine shareholders.
The investigation concerns whether Deep Medicine 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 Deep Medicine shareholders; and (2) disclose all material information necessary for Deep Medicine shareholders to adequately assess and value the merger consideration. On behalf of Deep Medicine shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
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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