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VBLT STOCK ALERT: HALPER SADEH LLC IS INVESTIGATING WHETHER THE MERGER OF VASCULAR BIOGENICS LTD. IS FAIR TO SHAREHOLDERS
February 23, 2023.
New York, New York—Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Vascular Biogenics Ltd. (NASDAQ: VBLT) and Notable Labs, Inc. is fair to Vascular shareholders. Per the merger agreement, Notable shareholders are expected to own approximately 76% and Vascular shareholders are expected to own approximately 24% of the combined company.
The investigation concerns whether Vascular 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 Vascular shareholders; and (2) disclose all material information necessary for Vascular shareholders to adequately assess and value the merger consideration. On behalf of Vascular 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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