The Monteverde law firm said it is investigating AMCI relating to the SPAC’s proposed merger with Advent Technologies, Inc. Under the the agreement, AMCI shareholders would own approximately 31% of the combined company.
“The investigation focuses on whether AMCI Acquisition Corporation and its Board of Directors violated securities laws and/or breached their fiduciary duties to the company,” the law firm said in a statement, including whether the deal undervalues the target. Read more.
