Mount Rainier Acquisition Corp.
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HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF MOUNT RAINIER ACQUISITION CORP. IS FAIR TO SHAREHOLDERS
March 24, 2022.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Mount Rainier Acquisition Corp. (NASDAQ: RNER) and HUB Cyber Security (Israel) Limited is fair to Mount Rainier shareholders.
The investigation concerns whether Mount Rainier 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 Mount Rainier shareholders; and (2) disclose all material information necessary for Mount Rainier shareholders to adequately assess and value the merger consideration. On behalf of Mount Rainier 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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