An investigation on behalf of investors in Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) shares over potential wrongdoing at Breeze Holdings Acquisition Corp. was announced.
San Diego, CA -- (SBWIRE) -- 04/26/2022 -- An investigation was announced concerning possible breaches of fiduciary duties by certain directors at Breeze Holdings Acquisition Corp.
Investors who purchased shares of Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether the Breeze Holdings Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of ownership interest in the combined company.
On January 27, 2022, D-Orbit S.p.A. announced that it will become publicly listed through a business combination with Breeze Holdings Acquisition Corp. (NASDAQ: BREZ). Under the terms of the agreement, Breeze Holdings shareholders will retain ownership of 8.4% of the combined company.
Shares of Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) closed on February 24, 2022, at $10.28 per share.
Those who purchased shares of Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.