Monteverde Looking at AMCI/Advent Deal

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.

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