Industrial Tech Acquisitions, Inc.

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INDUSTRIAL TECH MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF INDUSTRIAL TECH ACQUISITIONS, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – ITAC

April 28, 2021.

New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Industrial Tech Acquisitions, Inc. (NASDAQ: ITAC) and Arbe Robotics Ltd. is fair to Industrial Tech shareholders.

The investigation concerns whether Industrial Tech and its board of directors 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 Industrial Tech shareholders; and (2) disclose all material information necessary for Industrial Tech shareholders to adequately assess and value the merger consideration. On behalf of Industrial Tech 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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