WeissLaw LLP announced it is “investigating possible breaches of fiduciary duty and other violations of law by the board of directors of dMY Technology Group, Inc. II in connection with the Company’s proposed merger with Genius Sports Group Limited, a privately-held sports data and technology company.” Under the terms of the merger agreement, DMYD would acquire GSG through a reverse merger that will result in GSG becoming a public company traded on the New York Stock Exchange under a new ticker symbol. The two companies yesterday announced the availability of a recorded webcast in which executives on both management teams discuss the deal. The transaction is valued at approximately $1.5 billion. Read more.
WeissLaw Legal Firm Announces Investigation of dMY Technology Group’s proposed merger with Genius Sports Group
